Crypto lending firm Ledn announced on Sept. 12 that its interest-bearing Growth Accounts now support both of the crypto market's leading stablecoins.
Mauricio Di Bartolomeo, Co-Founder and CSO of Ledn, said:
"We have listened to the industry’s demand for a new way to earn yield in a safer and more ...
News
12 Sep 2023
Franklin Templeton applies for spot Bitcoin ETF, tapping Coinbase as custody institution
Franklin Templeton applied for a spot Bitcoin (BTC) exchange-traded application with the U.S. Securities and Exchange Commission on Sept. 12.
In the filing, the global investment firm said the fund's asset would be custodied at Coinbase-and it would trade on Cboe BZX Exchange, Inc. The filing did no...
The U.S. Treasury yields have recently been flashing warning signs. These yields, representing the return on investment for U.S. government bonds, serve as a crucial barometer of market sentiment and overall economic vitality.
An area of particular interest in this context is the spread between the ...
Ethereum co-founder Vitalik Buterin confirmed that his X (formerly Twitter) account was breached via a sim-swap attack, according to a Sept. 11 post on Warpcast.
A sim-swap attack is a scheme that exploits a vulnerability in specific two-factor authentication methods, where a phone call or text mess...
Crypto exchange Bitfinex has secured another significant legal victory, as a class action lawsuit against it was dismissed by Chief Judge Laura Taylor Swain of the U.S. District Court for the Southern District of New York, according to a statement from the Bitfinex blog on Sept 12.
The lawsuit filed...
News
12 Sep 2023
New UK crypto laws pose stiff challenge for most firms, cautions Delphi Labs counsel
Delphi Labs general counsel Gabriel Shapiro warned that most crypto firms will struggle to comply with the new financial promotions regulations by the U.K. Financial Conduct Authority (FCA).
In a Sept. 11 post on X (formerly Twitter), Shapiro noted that strict compliance with the regulations may be ...
News
12 Sep 2023
Despite industry objections, SEC’s Gensler continues to classify crypto as securities
Securities and Exchange Commission (SEC) Chairman Gary Gensler remains steadfast that most cryptocurrencies fall under the agency's securities regulations despite ongoing criticism from the crypto industry.
In written testimony on Sept. 12 for the Senate Banking Committee, Gensler reiterated the SEC...
The U.S. Department of Justice (DOJ) and disgraced FTX founder Sam Bankman-Fried (SBF) are currently entangled in a legal tussle over their respective witnesses' list, according to Sept. 11 court filings.
CryptoSlate previously reported that the DOJ and SBF had moved to disqualify all the expert wit...
As the trial of Samuel Bankman-Fried (SBF) looms, SBF's legal team's proposed voir dire questions have been filed, shedding light on their potential defense strategies.
The voir dire questions proposed by SBF's legal team delve into potential jurors' opinions on many expected topics, which could ske...
News
12 Sep 2023
Digital Currency Group subsidiary Luno to pause certain UK services, citing forthcoming regulations
Luna, a subsidiary of Digital Currency Group (DCG), will soon pause certain services in the U.K., according to a report on Sept. 11.
That report indicates that the company will halt some crypto trading features by Oct. 6 in advance of new rules set by the U.K.'s Financial Conduct Authority (FCA). Th...
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