US regulator fines crypto fund $150K for illicit Bitcoin loan

The S&P 500 Index nudged higher by 0.45% to record its second positive week. While the United States equities markets were a slow mover, gold witnessed a massive run-up of more than 5% this week. Its rally of 3.11% on Oct. 13 was its best one-day performance since Dec. 1 of last year. However, the

Atari's new partnership sets the stage for builders to incorporate the gaming powerhouse's token. 941 Total views 24 Total shares Atari has partnered with blockchain-as-a-service, or BaaS, company Arkane Network, allowing digital asset integration into gaming. A key aspect of the announcement sees developers able to build Atari's Token into aspects of the gaming sphere, said a…

Around 6% of Bitcoin’s circulating supply has been accumulated by asset managers and companies, signaling ever increasing mainstream and institutional adoption of crypto assets.According to Buy Bitcoin Worldwide, 816,379 BTC worth $40.1 billion is currently held by 14 Bitcoin fund issuers and asset managers — representing 4% of the cryptocurrency’s supply. Industry leader, the Grayscale…

Distributed ledger technology is increasingly gaining attention in Europe for its applications in securities trading and settlement. 227 Total views 8 Total shares The European Securities and Markets Authority (ESMA) is seeking stakeholder input on the use of distributed ledger technology for securities trading and settlements. The European Union's securities regulator recently published a “call for…

For now, PayPal's crypto payments are more about satisfying regulators than providing users with crypto capabilities. 1090 Total views 8 Total shares Earlier today, PayPal confirmed that it would be adding crypto payments to its global platform over coming months. The rollout will begin in the United States, where PayPal also became the first recipient of the New York…

The crypto industry is on its way from the epic early days, when it was a technological phenomenon exclusive to a limited group of techs, scientists and enthusiasts, to its final destination: a financial commodity intended for use by everyone. Of course, the journey has just begun, and it is riddled with potholes, traps and…

Consensys zkEVM Linea head Nicolas Liochon says speed and execution will continue to increase as it tweaks its Ethereum layer 2 scaling solution. 124 Total views 3 Total shares Zero-knowledge proof (ZK-proofs) solutions have proved critical in helping scale the Ethereum ecosystem, but proto-danksharding is expected to drastically reduce the cost of roll ups according