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Ripple CTO clarifies on SEC appeal, highlights case complexity

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According to David Schwartz, the SEC is seeking an appeal at this specific point based on its interpretation that the legal case has not...

Ethereum Foundation Announces $9M in Q2 Project and Conference Funding

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The Ethereum Foundation has just released its quarterly report detailing project funding for the second quarter. On Aug. 15, the Ethereum Foundation listed projects and...
The United States Securities and Exchange Commission (SEC) is likely to approve multiple applications for Ether futures exchange-traded funds (ETFs) at the same time, the Wall Street Journal reported, citing sources familiar with the matter.

Ether Futures ETFs could all get approval at same time

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At least 16 applications for Ether or Bitcoin-Ether futures ETFs are awaiting regulatory approval in the United States. The United States Securities and Exchange Commission...
There is a significant worldwide contrast in household electricity expenses for individual Bitcoin miners.

Mining 1 BTC in Lebanon is 783x cheaper than Italy

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According to the report, Europe is home to nine out of the ten least profitable countries for Bitcoin mining, based on household electricity costs. There...

Elon Musk Supports Bitcoin-Friendly U.S. Presidential Candidate

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Elon Musk, the owner of X (formerly known as Twitter), is known to have a fundamental interest in both politics and cryptocurrencies. This time,...

SEC’s Probability of Approving Ethereum Futures ETF Applications is Increasing

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The Wall Street Journal reported, citing knowledgeable sources, that the United States Securities and Exchange Commission (SEC) is likely to approve multiple simultaneous applications for Ethereum futures...
It’s been another week of mixed developments in the crypto industry, with established players winding down operations while newcomers introduce new crypto features and services.

Binance Connect goes dark, Prime Trust is bust and PayPal unveils...

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This week’s Crypto Biz explores the Binance Connect shutdown, BitGo’s funding round, the PayPal Crypto Hub and other news. It’s been another week of mixed...