Crypto News

The CFTC's civil case ran alongside Eddy Alexandre's 2023 criminal conviction and nine-year prison sentence.Source link

The Prairie State passed landmark legislation on Monday designed to regulate digital assets and crypto ATMs. JB Pritzker Slams Trump’s Approach to Crypto Policy Democratic Illinois Governor Jay Robert “JB” Pritzker signed two pieces of crypto legislation into law on Monday, then turned around and used the opportunity to slam U.S. President Donald Trump forSource link

XRP extended losses in the past 24 hours, slipping under the $3.00 mark after a sharp rejection at resistance. A combination of blockchain security concerns and delayed regulatory decisions drove heavy selling and profit-taking across institutional desks.News Background• A security audit ranked XRP Ledger lowest among 15 blockchains, eroding investor confidence.• The SEC delayed rulings on multiple XRP ETF applications, including Nasdaq’s CoinShares filing, until October.• Heightened regulatory ambiguity and security doubts fueled portfolio adjustments at major trading firms.Price Action Summary• XRP fell 4% from $3.02 to $2.90 between August 19 at 06:00 and August 20 at 05:00.• The steepest drop came from 13:00–15:00 on August 19, when price collapsed from $3.04 to $2.93.• Volume spiked to 137.18 million in...

Capital rules need review as crypto risk management is now "more in line with traditional finance," Decrypt was told.Source link

BUZZ HPC, the high-performance computing unit of Canadian bitcoin miner HIVE, has entered into a preferred partnership with Bell Canada to supply the computing backbone for Bell’s AI Fabric platform. This article is from Theminermag, a trade publication for the cryptocurrency mining industry, focusing on the latest news and research on institutional bitcoin mining companies.Source link