The country’s regulator, ASIC, has proposed tougher rules to protect users’ digital assets, crypto trading and to safeguard the country’s financial stability.
Police reportedly seized $4 million in cash and 64 luxury watches during a raid on the crypto founder’s Istanbul residence.
Bitcoin ETFs have recorded $151 million in net outflows since Monday, after investors withdrew $681 million the previous week.US spot Bitcoin exchange-traded funds (ETFs) returned to net outflows for the week on Wednesday as BTC fell below $82,000.Bitcoin ETFs recorded about $262 million in outflows on Wednesday, reversing $176 million in inflows the day before,…
BlackRock’s CEO says “a moratorium of some sort” on data center buildouts would put the U.S. in a recession.
South Korea is proposing tougher cybersecurity assessments after a review identified security deficiencies at 130 financial firms.South Korea is planning tighter cybersecurity requirements for financial institutions after an investigation into earlier security incidents involving 16 companies, including crypto exchanges. The Financial Services Commission (FSC) said it would pursue improved threat monitoring, more frequent security assessments and…
The consultation follows Parliament’s passage of digital asset legislation in April, with Australia’s securities regulator now proposing capital, custody and trading standards for crypto platforms.Update (Oct. 15 at 5:35 am UTC): This article has been updated to include a comment from Thomsons partner Liam Hennessy.Australia’s securities regulator opened consultation Thursday on proposed capital, custody and…
Ether accounted for nearly 60% of the forced closures across the two largest cryptocurrencies, falling roughly twice as much as bitcoin.
Computing power directed at Binance Pool has fallen from 26 EH/s in December to about 9 EH/s. Its remaining miners must choose another provider before a Nov. 10 cutoff.
Bets on an October Fed rate hike briefly spiked to nearly 50% after Wednesday’s inflation report, but have since cooled.
TeraWulf, Core Scientific, Cipher Mining and IREN each lost more than 12% as hotter inflation hit AI infrastructure companies. US stocks suffered their sharpest selloff since July on Wednesday as hotter-than-expected inflation data weighed on technology and AI infrastructure companies, with Bitcoin miners among those hit. The S&P 500 fell 1.1%, its biggest one-day decline…
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