Cathie Wood’s ARK Invest has purchased 356,346 shares of Bullish Holdings valued at $21.2 million, along with 150,908 shares of Robinhood Markets worth $16.2 million, during what ARK describes as strategic accumulation. These purchases came amid market-wide selling pressure that saw millions liquidated in long positions. The purchases also extend ARK’s three-session Robinhood buying streak,…
The U.S. District Court docket for the Southern District of New York granted summary judgment, awarding the Commodity Futures Buying and selling Fee (CFTC) $228.6 million in restitution in opposition to Eddy Alexandre and his firm, EminiFX, for working a large crypto Ponzi scheme. Alexandre, who exploited his place inside his church and the Haitian…
Binance’s UK director, Nish Patel, says Britain is on the cusp of a comprehensive crypto framework that will clarify life for retail users and widen the toolkit for professional investors. In an interview with CryptoNews, Patel—formerly the Financial Conduct Authority’s (FCA’s) first in-house crypto asset specialist—outlines how the rulebook is evolving and how Binance is…
Major financial trade associations, including the Global Financial Markets Association and the Institute of International Finance, formally requested the Basel Committee on Banking Supervision pause implementation of its 1,250% capital requirement for crypto exposures. The August 19 letter argues that the 2022 framework has become obsolete due to rapid developments in distributed ledger technology and…
As the blockchain industry matures, users and developers demand systems that are both secure and scalable without adding unnecessary complexity. BlockDAG positions itself as a practical solution to these expectations. By combining Directed Acyclic Graph (DAG) architecture with traditional Proof-of-Work (PoW) consensus, the network introduces a hybrid model aimed at increasing speed, throughput, and accessibility,…
Bitcoin slipped under $113,000 on Wednesday, dragging the broader crypto market decrease as merchants braced for Federal Reserve Chair Jerome Powell’s handle at Jackson Gap. The sector shed 1.5% to $3.9 trillion, with Ethereum, XRP and Solana all within the pink. The world’s largest cryptocurrency is now down about 8% cent from its record above…
US Fed Vice Chair for Supervision Michelle Bowman has recommended permitting central financial institution workers to personal small quantities of crypto. Talking at a blockchain event in Wyoming on Tuesday, she mentioned that direct crypto publicity would assist regulators higher perceive the underlying expertise. “Our method ought to take into account permitting Fed workers to…
United States Securities and Alternate Fee (SEC) Chair Paul Atkins praised the GENIUS Act throughout a symposium on Tuesday, calling its passage a “seminal” second. Paul Atkins Celebrates ‘Seminal’ Second in Congress Talking on the SALT Wyoming Blockchain Symposium 2025, Atkins counseled members of Congress for passing the GENIUS Act final month. I’m happy to…
Bullish has shattered precedent with its $1.15 billion preliminary public providing (IPO), changing into the primary U.S.-listed company to raise a record-breaking sum fully in blockchain-based stablecoins. Bullish has organized to obtain $1.15 billion of proceeds from its not too long ago accomplished preliminary public providing in stablecoins, which represents a historic step for the…
A number of the cryptocurrency business’s largest names have banded collectively to launch a brand new Washington-based nonprofit, promising to “educate” lawmakers about rising applied sciences like blockchain and synthetic intelligence. However whereas the American Innovation Venture (AIP) payments itself as a impartial instructional effort, its tax-exempt standing and deep ties to crypto lobbying elevate…