Crypto

Source: Coin Tegraph Ripple is celebrating the United States Securities and Exchange Commission’s (SEC) decision not to pursue a court case against the firm, but it provides little legal certainty for the crypto industry.  The US financial regulator has apparently dropped an appeal against Ripple, the issuing firm of crypto asset XRP. The industry saw…

Source: Coin Tegraph The crypto industry is set to debut the first Solana futures exchange-traded fund (ETF), a significant development that may pave the way for the first Solana spot ETF, as the “next logical step” for crypto-based trading products, according to industry watchers. Volatility Shares is launching two Solana (SOL) futures ETFs, the Volatility…

Source: Coin Tegraph Tether, the $143 billion stablecoin giant, was the world’s seventh-largest buyer of United States Treasurys, surpassing some of the world’s largest countries. Tether, the issuer of USDt (USDT), the world’s largest stablecoin, was the world’s seventh-largest US treasury buyer, surpassing Canada, Taiwan, Mexico, Norway, Hong Kong, and numerous other countries. The stablecoin…

Source: Bitcoinist Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Arizona has taken the lead in the US Strategic Bitcoin Reserve (SBR) race after two bills passed the House of Representatives Commerce Committee vote on March 18. The state now has two active crypto reserve legislations and a legal tender…

Source: Coin Tegraph BlackRock’s head of digital assets, Robbie Mitchnick, says that Bitcoin will most likely thrive in a recessionary macro environment, contrary to what some analysts may think. “I don’t know if we’ll have a recession or not, but a recession would be a big catalyst for Bitcoin,” Mitchnick said in a March 19…

Source: Bitcoinist Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure It seems to be the season for dropping crypto lawsuits. After 5 years of going after Ripple like a dog in heat, the Securities and Exchange Commission (SEC) has suddenly dropped their lawsuit against Ripple. Not to be outdone, crypto…

Source: Coin Tegraph Cybersecurity firm Malwarebytes has warned of a new form of crypto-stealing malware hidden inside a “cracked” version of TradingView Premium, software that provides charting tools for financial markets.  The scammers are lurking on crypto subreddits, posting links to Windows and Mac installers for “TradingView Premium Cracked,” which is laced with malware aimed…

Source: Bitcoinist Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Bitcoin (BTC) could soon see a trend reversal as leading prediction market platform Polymarket forecasts the US Federal Reserve (Fed) ending quantitative tightening (QT) by April 30. An end to restrictive monetary policy could provide a much-needed boost for risk-on…

Source: Coin Tegraph Key takeaways PoR audits are cryptographic verifications used by cryptocurrency exchanges to prove they hold sufficient assets to cover customer deposits.  Using methods like Merkle trees and zero-knowledge proofs, PoR ensures transparency, similar to how capital reserves are mandated in traditional finance for stability. Coinbase’s cbBTC uses PoR to verify that for…

Source: Coin Tegraph South Korean prosecutors raided crypto exchange Bithumb following suspicions that its former CEO embezzled funds to purchase an apartment.  On March 20, Seoul’s Southern District Prosecutors Office reportedly searched Bithumbs offices in the country. The investigation centered around allegations that the crypto exchange gave a 3 billion Korean won (over $2 million)…