Su Zhu arrested in Singapore; Kyle Davies wanted by authorities

Zhu Su, co-founder of the now-bankrupt Three Arrows Capital (3AC), has been apprehended in Singapore, according to a tweet by online news aggregator db, known as @tier10k on X, and later confirmed... Read more »

New US bill to require firms to report off-chain transactions to CFTC

A new bill in the United States aims to require cryptocurrency service providers to report all blockchain transactions to a government repository. On Sept. 28, U.S. Democrat Representative Don Beyer introduced the “Off-Chain Digital... Read more »

SEC launches proceedings to determine fate of spot Bitcoin ETFs, invites public comment

The U.S. Securities and Exchange Commission (SEC) submitted several filings on Sept. 28 that concern pending spot Bitcoin exchange-traded funds (ETFs). Those filings act as orders that institute proceedings through which the... Read more »

SEC delays spot Bitcoin ETF decision for BlackRock, Invesco and Bitwise

The United States Securities and Exchange Commission has delayed its decision on several proposals for spot Bitcoin (BTC) exchange-traded funds (ETFs), including BlackRock, ahead of an anticipated government shutdown. The spot Bitcoin ETF applications... Read more »

Understanding the U.S. central banking system’s approach to all things crypto

Despite some concerns within the web3 community about the Federal Reserve’s understanding of the evolving digital landscape, recent evidence suggests that these fears may be unfounded. The Fed has been diligently studying... Read more »

Bitcoin lender Ledn to roll out ETH, USDT interest accounts

Despite its roots embedded in Bitcoin (BTC) lending, lending platform Ledn has announced the launch of an Ether (ETH) yield offering following user requests for a shielded alternative to manually staking Ether.... Read more »

Bitcoin miner Marathon mines invalid block in failed ‘experiment’

Bitcoin mining firm Marathon Digital has confirmed it mined an invalid  Bitcoin (BTC) block during an “experiment” aimed at optimizing the firm’s operations. In a Sept. 27 post, Marathon said it utilizes a... Read more »

NiceHash becomes latest crypto firm to leave U.K.

The cloud mining platform NiceHash said that it will end U.K. access to its services in a statement emailed to users around Sept. 27. The company said that it will no longer... Read more »

Bitcoin price holds steady as S&P 500 plunges to 110-day low

On Sept. 20, the Federal Reserve delivered a message that reverberated through financial markets: interest rates are expected to remain at their highest level in over two decades, and possibly for longer... Read more »

Sam Bankman-Fried’s lawyers request their client be allowed to wear ‘business attire’ at trial

Sam Bankman-Fried‘s lawyers have moved to dress him in “business attires” for his defense scheduled to start on Oct. 3. In a Sept. 26 letter to Judge Lewis A. Kaplan, the lawyers... Read more »