The Nasdaq International Securities Exchange has filed a proposal with the US Securities and Exchange Commission (SEC) to increase the position limits for options on BlackRock’s iShares Bitcoin Trust (IBIT) exchange-traded fund to 1 million.   Position limits exist to prevent any one investor from controlling too many option contracts on… Listen ⇢

Bithumb, South Korea’s second-largest crypto exchange, is closing its USDT market and order-book-sharing with Australia’s Stellar Exchange after only two months, amid regulators’ scrutiny of anti-money laundering controls. The shutdown took effect at 11:00 AM on Friday, impacting 10 cryptocurrencies traded in the USDT market. Regulatory Investigation Triggers Closure The… Listen ⇢

Crypto market maker and Web3 investment firm DWF Labs says it is investing up to $75 million in decentralized finance projects that could support institutional adoption.  The firm shared its announcement via X on Wednesday, saying the fund will support projects with “innovative value” propositions that can scale to support… Listen ⇢

Crypto market maker and Web3 investment firm DWF Labs says it is investing up to $75 million in decentralized finance projects that could support institutional adoption.  The firm shared its announcement via X on Wednesday, saying the fund will support projects with “innovative value” propositions that can scale to support… Listen ⇢

Crypto market maker and Web3 investment firm DWF Labs says it is investing up to $75 million in decentralized finance projects that could support institutional adoption.  The firm shared its announcement via X on Wednesday, saying the fund will support projects with “innovative value” propositions that can scale to support… Listen ⇢

Authorities in Thailand have officially requested World, a Sam Altman-backed digital identity project, to suspend operations and delete all user identification data. Thailand’s Economic and Social Development Board, the country’s strategic planning agency, has ordered World to delete iris scans of 1.2 million local users, according to a statement by… Listen ⇢

Santiago Roel Santos, founder and CEO of crypto investment company Inversion Capital, said cryptocurrencies are not subject to positive network effects, but other experts disagree. In a recent Substack post, Santos wrote that “crypto is priced for network effects it doesn’t have.” He also pointed to the network effect valuation… Listen ⇢

In brief The World Federation of Exchanges urged the SEC to limit exemptions for crypto platforms. Tokenized stock products marketed without proper safeguards have “alarmed” the federation over possible risks. The SEC is weighing a sandbox-style framework that could allow temporary relief for crypto firms. A federation of stock exchanges… Listen ⇢

After a mid-week relief, Bitcoin (BTC) is trading a little above $87,000, but it still stands below a key level that could determine its next move. A new observation suggests that a failure to rise above $88,800 could trigger more profit-taking, as active investors remain at a loss and market… Listen ⇢