(source: en.wikipedia.org)
Circle Internet Trust Company, which does business as Circle New York Trust, has received a limited purpose trust charter from the New York State Department of Financial Services (NYDFS), Circle Internet Group said in a Friday (July 31) press release. A limited purpose trust company...
JPMorgan is warning that delays in passing crypto legislation present a setback for that market. This note of caution from the banking giant’s analysts, the subject of a Thursday (July 30) CoinDesk report, comes as the passage of the CLARITY Act in the U.S. Senate...
Binance has reportedly changed its law enforcement-cooperation policy, leaving police frustrated with the cryptocurrency exchange. As the New York Times (NYT) reported Tuesday (July 28), Binance had been adopting a more cooperative approach with law enforcement following years of legal issues. Then in April of 2025, the world’s...
As regulated perpetual futures arrive in the United States, some trading firms and cryptocurrency exchanges are embracing them, while traditional Wall Street banks are taking a more cautious approach, CoinDesk reported Monday (July 27). The banks are deciding whether this offering is a passing retail...
Coinbase’s CEO has criticized cryptocurrency companies who switch their focus from blockchain tech to artificial intelligence (AI). “‘If you’re in crypto, pivot to AI.’ I used to hear versions of this, and it’s the wrong way to think about the world. It’s zero sum, scarcity...
Senate Majority Leader John Thune provided some clarity on the prospects for passing the CLARITY Act this year, and it doesn’t look good for supporters of the measure. In comments to reporters Thursday (July 23), Thune of South Dakota said he does not expect the...
DeFi Technologies, a FinTech that bridges the gap between traditional capital markets and decentralized finance (DeFi), is better positioned in the current crypto bear market than it was in the previous one, CEO and Executive Chairman Johan Wattenström said in a letter to shareholders released...
WEMIX says it has become the latest digital asset platform to suffer a security breach. The blockchain network announced Sunday (July 26) that an attacker had compromised ownership of its WEMIX$ stablecoin, converting it into 30,736 WEMIX and $724,198.27 in USDC stablecoins. Those coins were “transferred to Ethereum...
Cryptocurrency exchange BitMart is shuttering, the second such company announcing its closure in three days. “After a careful evaluation of the company’s operating conditions, market environment, and future strategic direction, BitMart has made the difficult decision to commence an orderly wind-down of its trading platform...