CFTC sues Cash FX in crypto-linked case
The Commodity Futures Trading Commission said it is suing Cash FX Group and three individuals in a $950 million foreign-exchange investment case involving cryptocurrency. The defendants
Bitcoin ETFs take in $1.7B in 2 days as BTC tops holder cost basis
US spot Bitcoin ETFs recorded more than $1.7 billion in net inflows over two days as Bitcoin rose above investors’ estimated average cost basis. Source
REX launches 2x leveraged ETF tied to Bitcoin treasury firm Strive
The new ASSX fund offers 2x daily exposure to Strive shares, giving traders a leveraged way to bet on the Bitcoin treasury company. Source link
Celsius Estate Sues BitMEX Over 6,360 BTC Liquidations
The Celsius bankruptcy estate sued five BitMEX-linked companies, alleging fraud, market manipulation and wrongful liquidations during the March 2020 market crash. The complaint was filed
Bitcoin ETFs Shed $463M As Ether ETFs Add $197M
US spot Bitcoin exchange-traded funds (ETFs) posted $462.7 million in net outflows last week, reversing after three consecutive weeks of inflows, while Ether ETFs moved
Revised CLARITY Act Sets Rules for Controlled DeFi
A revised version of the CLARITY Act would direct United States regulators to determine whether people or groups controlling “non-decentralized finance trading protocols” must comply
Swiss stablecoin sandbox enters testing phase, adds two new partners
Financial market operator SIX and payment app TWINT have joined numerous banks in the sandbox seeking to develop a Swiss franc-based stablecoin. Source link
US Labor Data Beat Sends Bitcoin Lower Amid Fed Rate Uncertainty
Key points: The US economy added 162,000 nonfarm payroll jobs in August, nearly triple economists’ consensus estimate of 56,000. Bitcoin sold off from $81,300 to
HYPE treasury firm Hyperliquid Strategies boosts equity facility to $2.5B
The Nasdaq-listed company previously raised $647 million through the facility and accumulated about 29.3 million HYPE tokens. Source link
Polygon Patches DoS Risks in Austin, Kyoto Hard Forks
Polygon has disclosed several previously private security vulnerabilities that could have disrupted its proof-of-stake network, after deploying fixes through two recent hard forks. The vulnerabilities