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Republican House leadership asks CFPB to review proposed payments rule over potential impact on crypto

Republican leadership say a proposed rule from the CFPB has an unclear impact on digital assets and wants the agency to take a step back. 

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Author: Sarah Wynn

FTX Expects to Fully Repay Customers but Won’t Restart Defunct Crypto Exchange

Its FTT token surged nearly 11% after the news.

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Author: Aoyon Ashraf

Tether Reports Record $2.85B Profit as Biggest Stablecoin Nears $100B Market Cap

The USDT stablecoin issuer held over $5.4 billion in excess reserves as of 2023 year-end, according to its latest attestation.

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Author: Krisztian Sandor

Global X Pulls Out of Spot Bitcoin ETF Application

Global X, one of the former contenders for a spot bitcoin exchange-traded fund (ETF), has withdrawn its application, according to a Jan 30 notice from Cboe BZX Exchange, which could have listed the fund.

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Author: Helene Braun

Tether reports profit of $2.9 billion in Q4 attestation, with $5.4 billion in excess reserves

Stablecoin issuer Tether has reported a record net profit of $2.9 billion in its Q4 2023 attestation report.

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Author: James Hunt

XRP price dips as Ripple co-founder says personal accounts impacted in $113 million exploit

The XRP price dipped on Wednesday, a decrease of more than 4% in the past 24 hours, according to The Block’s data.

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Author: Brian McGleenon

Labour Wants UK to Be a Securities Tokenization Hub and Advance Digital Pound Work

The opposition party leads the polls in what’s likely to be an election year.

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Author: Camomile Shumba

UK Police Seize Nearly $1.8B of Bitcoin From Investment Fraud in China: FT

A London court heard of the seizure Tuesday as part of the trial of Jian Wen, who is accused of laundering bitcoin on behalf of her former employer, Yadi Zhang, FT reported.

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Author: Jamie Crawley

New York Community Bancorp Shares Tumble After Earnings Miss, 71% Dividend Cut

The bank took over defunct Signature Bank’s non crypto-related deposits last year.

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Author: Aoyon Ashraf

Ripple co-founder reports unauthorized access to some personal XRP accounts

Eight batches of outflows suspiciously transferred a total of 213 million XRP tokens to different crypto exchanges.

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Author: MK Manoylov


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