The Liquid Network has resumed block generation after the large Bitcoin withdrawal from its system. But users can’t perform transactions or cash out L-BTC at this time. This is because the resumption of block generation represents a cautious attempt to return to normalcy. Especially, after a hack attack that saw
Xinbi Guarantee is an online cryptocurrency platform that was involved in large-scale scam operations throughout Southeast Asia, and this has become the target of US government efforts. The Department of Justice imposed a restraint order for over $52 million worth of cryptocurrencies belonging to Xinbi and its vendor networks. This
Poland’s crypto regulation battle hit yet another milestone with the failure of the lawmakers to overcome President Karol Nawrocki’s third veto. The Sejm voted by 241 to 198 to reject the veto, while 3 representatives abstained from voting. Nevertheless, it takes at least 266 votes to override a veto, which
Anthropic is pushing its IPO timetable into mid-October, sources said. The artificial intelligence company will start pitching its IPO by mid-October at the earliest. As reported by Reuters, Anthropic also plans to list its stock several days before the U.S. midterm elections in November. The revised timetable comes in contrast
Pencil Finance completes a $1 million on-chain student lending cycle in Southeast Asia. The milestone helps link the blockchain-based lending services to students who traditionally do not have access to financing options. Pencil provided the funds as a lender and managed to track the whole lending cycle on-chain. The borrowers
The Pocket Bitcoin has now widened its August security breach scope following its full forensic analysis. According to the Swiss Bitcoin company, there were two data sets in connection to the security issue involving 5,411 users. While the first dataset included bank transactions records for 5,120 users, the second one
Paul Atkins, the chair of the SEC, has framed the Regulation Crypto Assets as an answer to years of ambiguity. The regulation will make the American market more welcoming for crypto-based firms and innovators. According to Atkins, the former administration was too aggressive in its enforcement efforts and thus pushed
The Commodity Futures Trading Commission (CFTC)is seeking a dismissal of the lawsuit filed by CME Group against Kalshi’s Bitcoin perpetual futures in a federal court. The Commission asserts that CME does not have standing because the Commission has failed to demonstrate any actual competitive injury caused by its approval of
Crypto Council for Innovation is advocating for a modernized framework for ETP by the Securities and Exchange Commission. CCI is calling for more clarity and predictability in the process of obtaining approvals for innovative ETPs. The suggestions from CCI were presented on August 31 concerning the framework for novel ETFs
The G20 indicated an increased emphasis on digital asset innovation while remaining cognizant of maintaining financial stability in its approach to policy formulation. Financial ministers and central bank governors saw the opportunity that digital financial innovation provides as a means of achieving broader economic growth. This new emphasis has come
