Bitwise joins growing list of Ethereum ETF managers

Bitwise Asset Management announced the launch of two Ethereum-themed exchange-traded funds (ETFs), joining the growing list of asset managers looking to create Ethereum-based futures products after the SEC greenlit them. The two... Read more »

Terra’s Do Kwon and Daniel Shin conspired to falsify transactions, chat logs show

According to a Sept. 22 filing, the co-founders of the now-defunct Terra blockchain project are alleged to have planned to create fraudulent transactions during the project’s development. There, the Securities and Exchange... Read more »

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 »

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 »

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 »

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 »

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 »

SEC delays decision on ARK 21Shares proposed spot Bitcoin ETF until January 2024

In a filing dated Sept. 26, the U.S. Securities and Exchange Commission (SEC) deferred its decision on a major spot Bitcoin exchange-traded fund (ETF), causing further delay to the final verdict on... Read more »

Chase to block UK customers crypto-related transactions from October 16

Digital banking giant Chase U.K. said it will “decline” crypto-related payments made by its users starting October 16. In emails sent to customers and obtained by CryptoSlate, the bank stated that its... Read more »

SEC objects to Coinbase’s proposed role in Celsius bankruptcy plan

The U.S. Securities and Exchange Commission (SEC) on Sept. 23 filed an objection to part of a reorganization plan advanced by bankrupt crypto firm Celsius. That filing indicates that Celsius aims to... Read more »