Bankruptcy
FTX pauses sale of stake in AI firm Anthropic, once purchased for $500M
The planned sale was expected to conclude with a nine-figure deal.
Mike Dalton 2 min read
US News
SEC and CFTC actions, state policy, ETFs, startups, and nationwide crypto market trends.
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Regulation
BitGo CEO says traditional financial firms will remain ‘mostly out’ of crypto
Mike Belshe highlighted regulatory challenges but said he believes crypto firms and traditional financial firms could create a stronger, derisked market together.
Legal
SBF trial locked in for October after court rejects pre-trial motion to dismiss
The court said that after hearing all of the arguments related to the pre-trial motions, it has determined that they are "either moot or without merit."
Latest US Crypto News & Analysis
Derivatives
First leveraged Bitcoin futures ETF opens for trading on CBOE
The Volatility Shares 2x Bitcoin Strategy futures ETF made its CBOE debut on June 27.
DeFi
Staked ETH surpasses exchange balances with 19% of supply locked
Since the Shanghai upgrade — which enabled withdrawal of staked ETH in April — centralized exchanges' ETH balances have been on the decline.
Regulation
Asia is a ‘huge area of focus’ for Circle, especially Hong Kong: CEO Jeremy Allaire
Allaire said that the developments in Hong Kong might reflect how the crypto market grows in Greater China.
Regulation
WisdomTree exec says data sharing agreements are a “key part” of Bitcoin ETF applications
This factor could make the SEC more comfortable, Jeremy Schwartz said.
Legal
Court says it doesn’t need to “wordsmith” Binance and SEC’s announcements
A judge has signed an order rendering Binance's complaints invalid.
Politics
Democrat lawmaker requests SEC, Treasury feedback over Republican-led crypto bill
Congresswoman Maxine Waters issued the letters addressed to Treasury Secretary Janet Yellen and SEC chair Gary Gensler on June 26, they pertain to the Digital Asset Market Structure Discussion Draft.
More US Crypto News Headlines
Mining
Hut 8 nabs $50M Coinbase credit facility ahead of merger with US Bitcoin
Legal
Media giants appeal to overturn court decision to keep FTX user names redacted
Legal
Celsius investors allege Wintermute took part in wash trading, price manipulation
Legal
