JCBA has proposed to JVCEA to amend the leverage ratio regulations in cryptocurrency margin trading, advocating for the application of corporate leverage calculation methods to individual transactions as well. The proposal aims to align the crypto market’s leverage regulations with other derivative markets and possibly re-attract users who shifted to overseas exchanges for higher leverage. […]

Reddit will shutter its Community Points feature by Nov. 8, citing scalability issues. Reddit has said it will soon shutter its long-running, blockchain-based rewards service “Community Points,” citing scalability concerns.  In an official Oct. 17 announcement in the r/cryptocurrency subreddit, a Reddit team member said while the platform saw “some future opportunities for Community Points, […]

The U.S. Securities and Exchange Commission (SEC) has published its examination priorities for 2024 which include crypto monitoring and examinations. The securities regulator disclosed: “Examinations of registrants will focus on the offer, sale, recommendation of, advice regarding, trading in, and other activities in crypto assets or related products.” Division of Examinations’ 2024 Priorities The U.S. […]

Nishad Singh, the former director of engineering at FTX, continued to testify and underwent rigorous cross-examination by defense lawyers on the tenth day of the Sam Bankman-Fried (SBF) trial. Singh, who has previously stated that he felt intimidated and humiliated by SBF, continued to reveal insights into the inner workings of the cryptocurrency exchange and […]

Blockchain data from Etherscan suggest Scroll’s mainnet was live over a week ago. Scroll, a new contender in the zero-knowledge Ethereum Virtual Machine (zkEVM) space that works to scale the blockchain, has confirmed the launch of its mainnet. The team behind Scroll announced the launch in an Oct. 17 post and added that existing applications […]

Larry Fink, the CEO of the world’s largest asset manager, Blackrock, sees the recent bitcoin rally as “an example of the pent-up interest in crypto.” Noting that as the Israel-Hamas war rages on, more people will be running to bitcoin as “a flight to quality,” the executive emphasized: “We are hearing from clients around the […]

In the ever-evolving landscape of cryptocurrencies, the dramatic upswing in Bitcoin’s price has reignited discussions and speculations amongst seasoned traders and newcomers alike. It’s become clear that possible ETF launches will have significant impacts on the cryptocurrency market’s performance. Bitcoin witnessed a sharp 10% rise, breaching the $30K mark, an ascent primarily fueled by a […]

Google argued in its motion to dismiss the claims that using publicly available information shared on the internet is not “stealing,” as claimed. Big Tech player Google is seeking to dismiss a proposed class-action lawsuit that claims it’s violating the privacy and property rights of millions of internet users by scraping data to train its […]

Binance has announced that it will no longer accept new users in the U.K. in order to comply with new crypto regulations from the Financial Conduct Authority (FCA). Binance explained that it is currently looking for an FCA-authorized firm to review and approve its U.K. financial promotions in compliance with the new rules. Binance Halts […]

An extensive list of donations made by FTX associates became public during the criminal trial of FTX founder Sam Bankman-Fried on Oct. 17. Bankman-Fried’s own donation list details more than $133 million in spending, primarily made up of $119 million in political donations. The list includes a number of recognizable politicians or their campaigns. Republican […]