Crypto News
The latest cryptocurrency news, market moves and industry updates.
Storj files for bankruptcy, explores equity path for tokenholders
Storj, a decentralized storage provider, has filed for Chapter 11 bankruptcy and is exploring a court-approved ownership mechanism for STORJ tokenholders, with its network to continue operating
CLARITY hopes fade, BitMEX shuts as lawsuit looms: Hodler’s Digest, July 26
The Clarity Act's chances are fading, while BitMEX is closing down as the crypto market consolidates into five big players, says CoinTelegraph
South Korea trading giant puts receivables onchain in tokenization test with LG CNS
POSCO International and LG CNS are conducting a tokenization test, putting live commercial invoices on the blockchain, according to CoinDesk
WEMIX says attacker moved about $724,000 after contract breach
WEMIX has suspended several services after a contract breach, with an attacker moving $724,000 in USDC.e, as reported by CoinTelegraph.
2 weeks left for Clarity: State of Crypto
The Senate has a two-week window to advance Clarity before recess, here's what needs to happen. Reporting from CoinDesk outlines the key steps required.
CFTC issues second warning to prediction markets on cookie-cutter self-certifications
The CFTC has warned prediction markets for the second time this year to stop using overly broad self-certifications for events contracts. This is based on reporting from CoinTelegraph.
Russia’s Sberbank to launch crypto trading infrastructure this year
Sberbank to create crypto trading infrastructure by Dec 1, as Russia sets rules for market participants, according to CoinTelegraph
Bitcoin OG selling eases as dormant BTC movement hits 4-year low: Galaxy
Dormant Bitcoin movement has hit a 4-year low, suggesting long-term holders are slowing down distribution after heavy profit-taking, as reported by CoinTelegraph.
U.S. regulator warns prediction markets against cutting corners in event contracts
The CFTC issued an advisory to prediction markets, warning against cutting corners in event contracts. This is according to reporting from CoinDesk.