The SEC has denied an application from ARKInvest and 21Shares to create a Bitcoin spot ETF, citing concerns about lack of oversight.
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Proposed Bill Would Require Stablecoins to Be Backed by Dollars, Government Securities
The Stablecoin Transparency Act was introduced by Rep. Trey Hollingsworth and Sen. Bill Hagerty.
NBA Teases Ethereum NFTs for Playoffs After Launching Discord Server
The NBA is ramping up its NFT and Web3 efforts following the success of NBA Top Shot—and it’s heading to Ethereum.
OKX Proof-of-Reserve Report Shows 101% Bitcoin, Tether Reserves
Crypto exchange OKX has published its second Proof-of-Reserves report in two months. The report claims that OKX, which is currently the third-largest crypto exchange by volume, has a Bitcoin and Tether reserve ratio of 101% […]