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After a $10 million loss became public on X, crypto hedge fund Asymmetric is pivoting away from liquid trading strategies. Source: cointelegraph.com (Read Full Article)
Ether emerges as winner after crypto’s ‘watershed moment’: Bitwise
A pro-crypto US government, near-insatiable institutional investor demand, and the chance for ETH staking ETFs made ETH a top performer last week. Source: cointelegraph.com (Read Full Article)
Crypto 'control' takes center stage at Roman Storm trial
With the trial of the Tornado Cash co-founder ending its eighth day, a witness testified Roman Storm had control over some of the funds connected to the mixing service. Source: cointelegraph.com (Read Full Article)
Here’s what happened in crypto today
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation. Source: cointelegraph.com (Read Full Article)
UK working to sell $7B in seized Bitcoin to boost budget: Report
A new report suggests the UK Treasury is working to sell up to $7 billion worth of seized Bitcoin, but one person has slammed the report as “sensationalism” amid a crypto bull run. Source: cointelegraph.com (Read Full Article)
US bank lobby challenges crypto firms’ bids for bank licences
US banking and credit union groups asked the OCC to delay deciding on bank license applications from crypto firms, arguing there are “significant policy and process concerns.” Source: cointelegraph.com (Read Full Article)
SEC explores Ethereum token standard for compliant securities
ERC-3643 Association president Dennis O’Connell told Cointelegraph the SEC showed “a noticeable shift in tone” and openness to blockchain standards. Source: cointelegraph.com (Read Full Article)
Blockchain compliance tools can slash TradFi costs: Chainlink co-founder
Institutional investors will increasingly adopt blockchain-based compliance solutions and tokenized RWAs, Chainlink’s co-founder Sergey Nazarov told Cointelegraph. Source: cointelegraph.com (Read Full Article)
Chinese blockchain Conflux launching offshore yuan-backed stablecoin
Chinese blockchain Conflux launched Conflux 3.0 network and unveiled a new offshore yuan-backed stablecoin targeting “Belt and Road” cross-border payments. Source: cointelegraph.com (Read Full Article)
COINS Act model law offers blueprint for crypto regulation in India
Hashed Emergent’s Vishal Achanta told Cointelegraph that COINS Act aims to turn India from a “regulatory minefield” into a destination of choice for the crypto community. Source: cointelegraph.com (Read Full Article)