US Government Moves $300M Worth of Bitcoin Linked to Silk Road: On-Chain Data

news Institutional digital assets platform trueDigital Holdings has announced plans to offer bitcoin derivatives for U.S. investors. In a press release on Friday, the company said it’s reached an “agreement in principle” to acquire designated contract market (DCM) and swaps execution facility (SEF) registrations with the U.S. Commodity Futures Trading Commission (CFTC) from a firm…

A U.S. Securities and Exchange Commission rule expanding the definition of a "dealer" to capture digital assets activity has gone too far, a lawsuit by the Blockchain Association and Crypto Freedom Alliance of Texas alleged.The suit, filed in the District Court for the Northern District of Texas on Tuesday, claims that the expanded definition of

The SEC's case over allegedly unlawful sales of XRP by Ripple to retail investors is entering the discovery phase.Feb 16, 2021 at 9:51 a.m. UTCUpdated Feb 16, 2021 at 1:25 p.m. UTCRipple, SEC Say Settlement Unlikely Before Trial Over Alleged Securities ViolationsThe U.S. Securities and Exchange Commission (SEC) and Ripple said Monday that there’s little…

Oct 7, 2020 at 09:17 UTCUpdated Oct 7, 2020 at 09:22 UTCBank of Korea(Chintung Lee/Shutterstock)South Korea’s Central Bank to Test Digital Currency With Banks in 2021The Bank of Korea (BoK) is to run trials of a central bank digital currency (CBDC) through next year, the institution announced Wednesday.As reported by The Korea Herald, the move…

The backing will help Terraform Labs build more apps on its Tendermint-based blockchain.Terra co-founders Daniel Shin and Do Kwon(Terraform Labs)Jan 26, 2021 at 3:00 p.m. UTCGalaxy, Coinbase Bet $25M on DeFi Using Terra StablecoinsTerraform Labs has raised $25 million in a new round from Galaxy Digital, Coinbase Ventures, Pantera Capital and others.The stablecoin for e-commerce…

Semler Scientific is continuing to add bitcoin to its treasury with a $17 million purchase and an announcement that it's raising $150 million so it can buy more.Its May announcement of a $40 million bitcoin purchase drove the company's stock up 25%.Publicly traded Semler Scientific (SMLR), a healthcare business that broadened its corporate strategy to

feature “Profit is a bug.” That’s according to Lightning Network co-creator and Lightning Labs co-founder Tadge Dryja, who spoke earlier this month at Scaling Bitcoin in Tel Aviv. However, 18 months after the namesake startup released the beta version of LND, Dryja’s sentiment is not stopping nearly a dozen lightning-related firms from pushing toward monetization.…

U.S.-based custody bank Northern Trust is helping traditional "mainstream" hedge funds expand into cryptocurrencies, says Forbes.

The Securities and Exchanges Commission’s (SEC) suit against the biggest crypto exchange in the world, Binance, could be a huge misstep if other countries allow the crypto industry to develop and it eventually replaces the traditional banking sector, Jim Bianco, president and founder of Bianco Research said.“If crypto is the design of the next financial…