The Securities and Exchange Commission's move to unveil a charge against reality TV star Kim Kardashian over her endorsement of a little-known cryptocurrency sparked headlines worldwide. The announcement also triggered a significant but short-lived jump in the price of that cryptocurrency, called Et...
A new Ethereum Index Fund launched by Fidelity Investments provides its clients exposure to ETH, according to a document the firm filed with the SEC on Sept. 26. The fund launched by the multi-trillion dollar asset manager is accepting minimum outside investments of $50,000 and showed just over $5,0...
More than 300 NFTs, including some worth millions of dollars in crypto, were moved out of an address associated with Starry Night Capital.  The NFT collections represented in the move include Rare Pepe, Fidenza, CrypToadz and works from creator XCOPY, the blockchain data firm Nansen tweeted. In all,...
The European Parliament voted in favor of a resolution that acts as a crypto-focused double whammy — tackling both tax evasion through crypto-assets and streamlining rules for their taxation. The resolution tries to identify what makes a taxable event, and suggests that the conversion from crypto to...
Crypto exchange giant FTX's head of over-the-counter and institutional sales, Jonathan Cheesman, is no longer working for the company, two sources with knowledge of the matter told The Block. Cheesman joined FTX in May 2021 and was tasked with bringing traditional financial institutions into crypto ...
Crypto exchange FTX is expanding its remit into the world of foreign exchange derivatives trading, listing a perpetual future tied to a U.S. dollar spot index, the company said Monday.  While crypto markets have been stuck in the doldrums, foreign exchange traders have recently enjoyed a bout of vol...
A committee of senior U.S. regulators wants Congress to pass laws to enable more direct oversight of crypto markets and for comprehensive regulation of stablecoins, according to its latest report focused on digital assets. The Financial Stability Oversight Council also recommended Congress pass a la...
Golden, a crypto firm building a data protocol with web3 tools, raised $40 million in a Series B funding round led by a16z crypto, bringing the total amount raised to date to $60 million. Other participants in the round include Solana co-founder Raj Gokal, Dropbox co-founder Arash Ferdowsi and Postm...
Kim Kardashian has been charged with unlawfully touting a crypto security by the Securities and Exchange Commission (SEC). The crypto was offered and sold by EthereumMax, who didn't disclose the payment Kardashian received for the promotion. Kardashian has agreed to pay $1.26 million in penalties an...
U.S. Treasury bills account for 58.1% of stablecoin issuer Tether's reserves, the firm's CTO, Paolo Ardoino, said on Monday. Throughout 2022, Tether has repeatedly made it known that it plans to improve the quality of its reserves, in part, by reducing the amount of commercial paper held in its rese...

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