Although the CFTC chair did not say the failed vote on the CLARITY Act was behind new rules for authorized crypto entities, he said the move was “to provide regulatory clarity.“ The US Commodity Futures Trading Commission (CFTC) has updated its guidance on tokenized assets and using blockchain technology for recordkeeping. In a Thursday notice,...Continue Reading

Bitget said unauthorized transfers affected a limited number of hot wallets, while cold wallets and most platform assets remained unaffected. Crypto exchange Bitget has confirmed unauthorized transfers affecting approximately $351.6 million in assets and temporarily suspended withdrawals as it investigates the security breach. Bitget said its security systems detected the transfers involving a limited number...Continue Reading