Venture capital firm Andreessen Horowitz (a16z) has formally backed the Commodity Futures Trading Commission (CFTC) in its dispute with several state regulators over the oversight of prediction markets. The firm submitted an extensive comment letter to the CFTC, asserting that…
Riot Platforms has reported $33.2 million in its inaugural data center revenue for the first quarter, a significant development as the company diversifies its business model beyond Bitcoin mining. This new revenue stream is bolstered by an expansion of its…
The South Korean financial landscape for cryptocurrency exchanges has seen significant turbulence, with Bithumb, the nation’s second-largest crypto exchange, securing a temporary reprieve. A Seoul Administrative Court has granted a stay of execution on a six-month partial business suspension previously…
Le rapport Q2 Charting Crypto résume les principales tendances du marché et on-chain qui influencent la stratégie institutionnelle de crypto ce trimestre. Les événements géopolitiques des derniers mois ont engendré une incertitude persistante pour les investisseurs, rendant difficile la prise…
A recent analysis by Benchmark has challenged prevailing concerns that Strategy’s (STRC) preferred stock, a key instrument for the company’s bitcoin accumulation, resembles a “circular” Ponzi scheme. The firm’s preferred shares have become a significant funding mechanism for Strategy’s substantial…
Brazil’s central bank has issued new regulations that prohibit the use of cryptocurrencies in regulated cross-border payments. This measure is part of a comprehensive strategy by the Banco Central do Brasil to integrate international payment flows entirely within the country’s…
Exponent Finance, a decentralized finance protocol operating on the Solana blockchain, has secured $5 million in seed funding. The investment round was spearheaded by Multicoin Capital, with significant contributions from Solana Ventures, RockawayX, L1D, Prelude, and Theia Blockchain. The funding…
SBI Holdings, a prominent Japanese financial services group, is reportedly in discussions to acquire a significant stake in the cryptocurrency exchange operator Bitbank, with the ultimate goal of integrating it as a consolidated subsidiary. The preliminary talks, which include the…
Polymarket, a prominent prediction market platform, has announced a significant partnership with blockchain analytics firm Chainalysis. This collaboration aims to enhance the platform’s capabilities in detecting and preventing insider trading and other forms of market manipulation. The move comes at…
A South Korean court has granted a temporary suspension on a six-month business restriction placed on the cryptocurrency exchange Bithumb, pending the outcome of further legal proceedings. The Seoul Administrative Court’s 2nd Administrative Division approved Bithumb’s application to halt the…