State of Wisconsin Investment Board (SWIB) has disclosed it bought almost $100 million of BlackRock’s Bitcoin ETF $IBIT. The state pension disclosed the holdings in a 13F on Tuesday. Senior ETF analyst Eric Balchunas says these filings suggest more firms are set to buy spot Bitcoin ETFs. A state pension has acquired a position in the spot...

Tether partners with RAK DAO to promote crypto adoption and education in the UAE. The collaboration includes facilitating crypto payments & developing educational programs. Aim is to drive economic growth and establish RAK DAO as a global blockchain hub. Tether, the pioneering issuer of the USDT stablecoin, has forged a strategic partnership...

The Commodity Futures Trading Commission (CFTC) has fined crypto trading firm FalconX a total of $1.7 million. CFTC said the penalty relates to the Seychelles-based brokerage platform’s failure to register as futures commission merchant (FCM). In a press release, the Commodity Futures Trading Commission (CFTC) notes that the filing and settling...

Christopher Giancarlo, former CFTC chief has joined Paxos board. Giancarlo’s advocacy for blockchain innovation aligns with Paxos’ mission for regulated solutions. Paxos aims to drive financial sector innovation with Giancarlo’s guidance on board. J. Christopher Giancarlo, former chairman of the U.S. Commodity Futures Trading Commission...

Alexey Pertsev, Tornado Cash developer, found guilty of laundering $1.2B in the Netherlands. Despite Tornado Cash being non-custodial, Pertsev sentenced to over 5 years in prison. Verdict sparks debate on accountability of open-source developers in crypto space. Alexey Pertsev, the founder of the cryptocurrency mixing protocol Tornado Cash,...

Three groundbreaking cryptocurrencies are reshaping the digital landscape. Jupiter (JUP) pioneers zero-fee trading with Jupiter Mobile and is poised to revolutionize crypto markets globally. Meanwhile, Milei Moneda ($MEDA) emerges as a blend of humor, politics, and DeFi, offering a rebellious take on finance with deflationary tokens and community governance....