Bitcoin Survived the CLARITY Act Setback: What Happens Next?

It was a massive week for the entire cryptocurrency industry, with essentially nothing going its way, and yet bitcoin managed to seemingly weather the storm, especially from the bigger blow – the failure of the CLARITY Act. The cryptocurrency’s price dropped to a multi-week low at $75,000 immediately after the US Senate voted against advancing […]

CLARITY Act Stalls, But SEC Gives Crypto a Boost With New Tokenized Securities Rules

The Securities and Exchange Commission announced its five-year “Innovation Exemption” on September 17, allowing qualifying Tokenized Securities Venues (TSVs) to facilitate crypto trading in tokenized National Market System (NMS) stocks through permissioned automated market makers (AMMs) and liquidity pools. Key Takeaways The SEC approved a five-year, conditional exemption for qualifying Tokenized Securities Venues to trade […]

FomoPeek App Exposes iOS Users to Asset Theft Risk

The FomoPeek app, versions 1.1 and 1.2, has been flagged for serious security vulnerabilities, leading to asset theft risks for users. This alert, surfaced by the CryptoTwitter commentator @SlowMist_Team, indicates that malicious code within the app can expose sensitive data like private keys and login credentials. Users are strongly advised to act promptly to secure […]

Which Crypto ETF Drew the Most Money Last Week? Not Bitcoin, and Not Ethereum

Zcash (ZEC) spot exchange-traded funds (ETFs) drew $98.2 million in the week ending September 18, the largest inflow among 14 crypto products. Ethereum (ETH) funds posted the only outflow at $140 million. The weekly totals mask a volatile round trip. Both Ethereum and Bitcoin (BTC) products sold off hard midweek, and only one of them […]

700 BTC Moves from Binance to Kraken, Spotted by Whale Alert

A substantial transfer of 700 BTC, valued at approximately $56.6 million, was reported to have moved from Binance to Kraken. This notable movement was highlighted in a tweet by @whale_alert, prompting discussions among traders regarding its implications. Such large transfers can indicate shifts in market sentiment and may influence future price movements. The Key Development […]