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Former Hut 8 CEO Jaime Leverton will take the helm at Fortitude as the Zcash-focused miner expands its operations and moves toward a planned public listing. Fortitude Mining has appointed former Hut 8 CEO Jaime Leverton as chief executive as the Zcash-focused miner prepares to go public through a proposed merger with HeartSciences. Leverton will succeed...
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Crypto.com’s CEO said its sister exchange was cleared to offer US access to single-stock perpetual futures, as the latest platform to bridge TradFi and digital assets. OG.com has received authorization from the US Securities and Exchange Commission (SEC) to offer single-stock futures in the US. Kris Marszalek, co-founder and CEO of crypto.com, made the announcement...
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The SEC’s Innovation Exemption allows limited tokenized US stock trading on onchain venues with trading caps and transparency requirements. The US Securities and Exchange Commission approved a temporary exemption allowing limited trading of tokenized US stocks on certain onchain venues. Under the innovation exemption approved Thursday, Tokenized Securities Venues (TSVs) can offer permissioned trading of...
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Bitcoin treasury companies promise to amplify returns over investing in Bitcoin alone, but does the potential upside outweigh the risks to the downside? There are now 179 listed companies holding Bitcoin on their balance sheets, all following variations of the same simple formula: Raise capital on traditional markets, buy Bitcoin and attempt to increase the...
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S&P Global agreed to buy OpenZeppelin, which says its smart contracts have facilitated more than $37 trillion in value transfers. S&P Global is set to acquire the blockchain security company OpenZeppelin, expanding the financial data, ratings and benchmark provider’s digital asset capabilities. The deal announced on Thursday is aimed at complementing S&P Global’s risk assessment...
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German crypto adoption is progressing through family offices and wealth managers, while the UK’s retail-facing cryptocurrency market remains “nascent,” according to the researcher. Cryptocurrency adoption is advancing in Germany, particularly among younger investors, while the UK is gradually falling behind, largely due to lagging regulations, according to CoinShares crypto researcher Luke Nolan. German cryptocurrency adoption...
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North Korea-linked hackers used Tron, Aptos and BNB Chain to maintain malware infrastructure, while suspected Iran-linked actors embedded directions in Bitcoin transactions. State-linked hackers accounted for roughly two-thirds of new activity each quarter as the number of times attackers stored malware instructions or infrastructure information on public blockchains rose 420% over the past 12 months,...
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Zcash rose about 20% in 24 hours as Paradigm co-founder Matt Huang disclosed that the firm invested in ZEC amid a broader crypto market rally. Zcash gained about 20% over the past 24 hours as Paradigm co-founder Matt Huang disclosed that the crypto investment firm made an unspecified purchase of ZEC, the privacy-focused token that...
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South Korean police reportedly referred 18 Polymarket users to prosecutors in a gambling probe involving 26 people and $12.7 million in bets. South Korean police have reportedly referred 18 Polymarket users to prosecutors in an illegal gambling investigation involving 26 people who collectively wagered about 17.6 billion won (worth $12.7 million).  According to Asia Economy,...
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Revolut says it received no direct contact despite separate ransom demands for $3 million in Monero and 10,000 Bitcoin from competing breach claimants. Revolut said Thursday it had received no direct contact from those claiming responsibility for a customer data breach despite multiple public ransom demands. A group calling itself “IAmNotAVillain” publicly demanded 6,000 Monero...
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