Storj files for bankruptcy, explores equity path for tokenholders
The decentralized storage provider says its network will continue operating during Chapter 11 as it explores a court-approved ownership mechanism for STORJ holders.
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CLARITY hopes fade, BitMEX shuts as lawsuit looms: Hodler’s Digest, July 26
Despite support from Goldman Sachs, Fidelity and law enforcement bodies, the Clarity Act’s chances dim. BitMEX to close as crypto consolidates into five big players.
Read more →South Korea trading giant puts receivables onchain in tokenization test with LG CNS
POSCO International, South Korea's largest trading company, has begun tokenizing trade receivables on blockchain in a test that could speed up commercial payments between its global subsidiaries.
Read more →WEMIX says attacker moved about $724,000 after contract breach
WEMIX suspended bridges, liquidity-pool trading and several services after an attacker compromised a WEMIX$-linked contract and moved 724,198 USDC.e.
Read more →2 weeks left for Clarity: State of Crypto
Senators released new text for the Clarity Act, merging two versions and addressing for the first time what an ethics provision might look like. The bill isn't yet at the finish line though.
Read more →CFTC issues second warning to prediction markets on cookie-cutter self-certifications
For the second time this year, the regulator told prediction markets to stop issuing overly broad, template-style certifications of events contracts.
Read more →Bitcoin Price Prediction: Support at $59,000 Could Decide the Next Move
Bitcoin remains in a bear market but may be entering its final stretch, according to a chart analyst tracking the cryptocurrency’s historical four-year cycle, with a possible bottom forming as soon as October.
Read more →XRP Ledger’s Big Upgrade Just Cleared Its Final Vote, Here’s What’s Coming
XRP has already dipped as low as $1.01 during the ongoing bear market pullback, reviving talk that the token could briefly slip below a dollar before this cycle’s downturn runs its course.
Read more →Morpho Whale Accumulation Grows, But Price Remains Range-Bound—Here’s What It Means
The post Morpho Whale Accumulation Grows, But Price Remains Range-Bound—Here’s What It Means appeared first on Coinpedia Fintech News
Read more →Russia’s Sberbank to launch crypto trading infrastructure this year
Russia’s biggest bank plans to create cryptocurrency trading infrastructure by Dec. 1 as the country is set to establish rules for market participants while allowing crypto assets to be used in foreign trade operations.
Read more →Zcash (ZEC) Price Nears Major Breakout as $500 Liquidity Zone Comes Back Into Focus
The post Zcash (ZEC) Price Nears Major Breakout as $500 Liquidity Zone Comes Back Into Focus appeared first on Coinpedia Fintech News
Read more →Mira Murati’s Inkling AI Model Review: Best Open-Source Model in the West
Mira Murati spent two years building something new after leaving OpenAI, finally revealing it to the public last week.
Read more →Bitcoin OG selling eases as dormant BTC movement hits 4-year low: Thorn
Dormant Bitcoin activity fell to its lowest level since Q3 2022, suggesting long-term holders have slowed distribution after heavy profit-taking.
Read more →U.S. regulator warns prediction markets against cutting corners in event contracts
The U.S. Commodity Futures Trading Commission, which has claimed a role as the leading regulator of prediction markets firms run by companies such as Kalshi, Coinbase, Polymarket and Crypto.com, issued an advisory on Fr…
Read more →Memecoin Mania Returns? PEPE, SHIB, and BOME Flash Bullish Breakout Signals
The post Memecoin Mania Returns? PEPE, SHIB, and BOME Flash Bullish Breakout Signals appeared first on Coinpedia Fintech News
Read more →South Korea’s largest bank to launch payment service on JPMorgan’s Kinexys
South Korea’s largest lender will use JPMorgan’s blockchain platform to support US dollar cross-border payments for import and export businesses across 10 countries.
Read more →Europe's high regulatory bar could spark new crypto industry M&A wave
The race to secure Markets in Crypto Assets (MiCA) licenses may be over, but Europe's landmark crypto rulebook is already entering a new phase, one that could reshape the industry's ownership structure.
Read more →Shiba Inu surges 36% as South Korean traders fuel mystery rally
Shiba Inu rose 36% to about $0.0000057 on Sunday, adding roughly a billion dollars to its market value in a day, with no announcement or development to account for it.
Read more →BitMart to wind down exchange, end trading by Aug. 26
Crypto exchange BitMart said it will wind down operations after its BMX token plunged and users reported withdrawal delays, with platform operations set to end in January.
Read more →Crypto exchange BitMart to shut down after nine years, BMX token crashes 58%
Cryptocurrency exchange BitMart said Sunday it will wind down its trading platform, ending nine years of operation and sending its exchange token down almost 60% after the announcement.
Read more →Top Cryptos Other Than Bitcoin and Ethereum Poised to Benefit From the CLARITY Act
The post Top Cryptos Other Than Bitcoin and Ethereum Poised to Benefit From the CLARITY Act appeared first on Coinpedia Fintech News
Read more →Binance ‘red teams’ its own staff every month to keep hackers out
Binance regularly tests its employees for security hygiene, with social engineering becoming a major source of industry breaches.
Read more →Robinhood in talks with Crypto.com over prediction markets: WSJ
While prediction market companies in the US continue to face legal battles between state and federal authorities, Robinhood is reportedly considering expanding its services.
Read more →Dogecoin Price Rebounds as Shiba Inu Gains Strength—Can DOGE Rally Higher This Month?
The post Dogecoin Price Rebounds as Shiba Inu Gains Strength—Can DOGE Rally Higher This Month? appeared first on Coinpedia Fintech News
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