OKX launches in-app social networking feature to reduce ‘trust gap’ among traders
The crypto exchange said it will begin a phased rollout on March 6 to select users before broader availability.
Bitcoin not an ‘allowable asset’: Vancouver city staff asks council to drop BTC reserve motion
Vancouver city staff concluded that bitcoin is not an allowable asset for municipal investment under local law.
Fed clarifies capital rules for tokenized securities, says framework is ‘technology neutral’
Tokenized securities can qualify as financial collateral under existing rules if they meet certain requirements like traditional securities.
SEC dismisses claims against Justin Sun and Tron Foundation, BitTorrent developer Rainberry agrees to pay $10M fine
The SEC has dismissed its charges brought in 2023 against Tron founder Justin Sun, the Tron Foundation, and BitTorrent Foundation.
Bitcoin rebound appears a ‘relief rally,’ not the start of a new bullish cycle, says CryptoQuant
"Bitcoin is still inside a bear market, despite the recent price rally," Julio Moreno, head of research at CryptoQuant, said.
Solv Protocol says exploit drained $2.7 million from Bitcoin yield vault
The Solv Protocol team said it would cover the losses from the "limited exploit," totaling about $2.7 million for about…
Canadian government and TD Bank successfully pilot $100 million CAD bond issuance using Hyperledger Fabric tech
Project Samara was a limited experiment into issuing a single three-month $100 million Canadian dollar-denominated bond security.
Coinbase CEO Brian Armstrong and execs face shareholder lawsuit over disclosures, compliance failures
The complaint centers on custody disclosures tied to bankruptcy risk, whether Coinbase listed tokens that could be securities and deficiencies…
The Daily: NYSE parent ICE invests in OKX at $25B valuation, suspect arrested in FBI operation over alleged $46M US Marshals crypto theft, and more
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
More crypto firms likely to get Fed master accounts and banks lack power to block approvals, TD Cowen says
Banks are expected to object and potentially pursue litigation, but TD Cowen argues they lack the power to stop such…
Kraken rolls out unified execution layer for xStocks tokenized equities called xChange
xChange is an onchain trading engine and unified execution layer for xStocks issued on Solana and Ethereum.
Pudgy Penguins accused of trademark infringement by Penguin apparel brand
PEI said the brand failed to heed a cease-and-desist letter sent in October 2023, around the time Pudgy Penguins toys…