U.S. CBDC Is Unlikely in the Near Term: Bank of America
The Federal Reserve continues to pilot a central bank digital currency, but will not issue one without executive branch and Congressional support, the report said.
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Crypto Futures Funding Rates Normalize After Bitcoin Drops to $35.6K
Large movements in spot markets led to open interest surging to $35 billion over the weekend, indicating highly leveraged bets from traders hoping for even higher prices.
Crypto Giant OKX Goes Live With Off-Exchange Derivatives Trading
Asset manager CoinShares along with crypto custody joint venture Komainu are aiming for TradFi standards in derivatives settlement with much reduced counterparty risk.
Crypto Market Sees Net Capital Inflow for First Time in 17 Months
The 90 day net change in the supply of the top four stablecoins has flipped positive, indicating an inflow of capital into the market.
Fake BlackRock XRP Filing Referred to Delaware Department of Justice
Delaware’s Department of Justice may be investigating the fake filing made for an apparent XRP exchange-traded fund.
‘Mutant Ape Planet’ NFT Developer Pleaded Guilty in $3M Fraud
The developer behind the Mutant Ape Planet non-fungible token (NFT) collection – a knockoff of the Mutant Ape Yacht Club NFTs – pleaded guilty on Tuesday to defrauding buyers in a rug pull that netted almost $3 million, according to the U.S. Department of Justice (DOJ).
Cathie Wood Speculates Gary Gensler’s Political Ambitions Are Affecting Spot BTC ETF Judgement
Wood said Gensler’s concerns that bitcoin is prone to market manipulation, one of the barriers to the approval of a spot BTC ETF in the U.S., belie his perfectly sound cryptocurrency knowledge.
XRP Futures Traders Nurse $7M Loss as BlackRock ETF Rumor Causes Wild Price Swings
XRP prices jumped to 73 cents from 65 cents in 25 minutes after a tweet suggested financial behemoth BlackRock had filed for an XRP ETF in the U.S.
Crypto.com Wins Digital Asset License in Dubai
Cryptocurrency exchange Crypto.com has been granted a licence to operate specified virtual asset service activities in Dubai.
Tokenized Cash Fintech Fnality Raises $95M Led by Goldman and BNP Paribas
DTCC, Euroclear, Nomura and WisdomTree also participated in the Series B funding round.