Bullish, the digital asset exchange backed by billionaire investor Peter Thiel, has filed confidential paperwork with the US Securities and Exchange Commission (SEC) for an initial public offering (IPO), according to sources cited by the Financial Times. American investment bank Jefferies has been tapped as the lead underwriter for the offering, per the report. Bullish…
Decentralized exchange (DEX) PancakeSwap has launched one-click crosschain swaps using Across Protocol, aiming to address one of the most pressing user experience (UX) issues in decentralized finance (DeFi). The integration allows users to swap assets without using complex blockchain bridges or other external third-party infrastructure that complicate the user experience and incur additional fees. Across’s…
Ukrainian lawmakers have introduced a draft bill that would allow the National Bank of Ukraine (NBU) to include cryptocurrencies like Bitcoin in the country’s reserves. Submitted to Ukraine’s parliament, the Verkhovna Rada, on Tuesday, bill number 13356 proposes amendments to the law “On the National Bank of Ukraine” regarding the inclusion of crypto assets alongside…
Republican Representative William Timmons has asked US Securities and Exchange Commission chair Paul Atkins to turn over documents on the agency’s historical treatment of Ether under its Biden-era chair, Gary Gensler. Timmons asked Atkins in a letter on Tuesday for “specific documents” on the SEC’s “historical views on the status” of Ether (ETH), which he…
The US Securities and Exchange Commission could start to approve some crypto-tied exchange-traded funds as soon as next month, kicking off an “altcoin ETF summer,” analysts say. Bloomberg senior ETF analyst Eric Balchunas posted to X on Tuesday a note from fellow analyst James Seyffart that said, “ETFs that track broad crypto indexes may be…
The US Consumer Financial Protection Bureau’s top enforcement official has reportedly resigned, accusing the Trump administration of undermining the agency’s mission in a fierce farewell email. The agency’s acting enforcement director, Cara Petersen, said in the email seen by Reuters on Tuesday that the Trump administration’s overhaul of the CFPB — including attempts to cut…
Interest in using stablecoins has tripled year-over-year from 2024 among company executives at Fortune 500 companies, according to a report by crypto exchange Coinbase. Nearly 29% of 100 executives surveyed from the largest 500 US companies by revenue said their company has plans for, or is interested in stablecoins, compared to just 8% who said…
Strategy’s Michael Saylor has rebuffed fears that a crypto market winter will return, suggesting Bitcoin’s increased adoption and constrained daily supply will see it rally to $1 million. “Winter is not coming back,” Saylor told Bloomberg on Tuesday. “We’re past that phase; if Bitcoin’s not going to zero, it’s going to $1 million.” Billion-dollar asset…
An upcoming Bitcoin software update will increase the data limit on a divisive function that will allow significantly more images, text and documents to be stored on the Bitcoin blockchain, a developer says. The Bitcoin Core 30 update slated for Oct. 30 will remove the 80-byte limit on the controversial OP_RETURN function and allow each…
Key takeaways: An Ethereum whale made $31 million in two ETH trades in the last 44 days. Unique Ethereum addresses surged by 70% in Q2, with the Base network leading activity growth. Ether (ETH) is on the verge of breaking its monthly range, hitting a 15-week high of $2,827 on June 10. A daily close…
