Blockchain News Archives - Page 20 of 32

JPMorgan Plans to Let Clients Borrow Against Crypto ETFs – Here’s What That Means

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Key Takeaways: JPMorgan will allow select clients to borrow against crypto ETFs, starting with BlackRock’s iShares Bitcoin Trust. Digital asset holdings will now count toward a client’s net worth in credit assessments. JPMorgan CEO Jamie Dimon remains skeptical of Bitcoin but supports offering client access. JPMorgan Chase & Co. will allow select trading and wealth […]

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Singapore Court Rejects WazirX Restructuring as Exchange Sets Up New Entity in Panama

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The Singapore High Court has rejected the moratorium application filed by Zettai, the parent company of crypto exchange WazirX, which sought to restructure the firm and redistribute funds to users affected by last year’s $234 million hack. Zettai also revealed to the court that in March it had opened a new firm in Panama and

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Eric Trump Threatens Magic Eden Over Trump Wallet Announcement— What’s Going On?

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Magic Eden announced a Trump-branded crypto wallet this week, but the launch drew immediate backlash from the Trump family, showing growing tensions between political branding and crypto ventures. The major NFT marketplace announced Tuesday that it had partnered with the team behind the $TRUMP meme coin to roll out the “Official $TRUMP Wallet.” The wallet,

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Russian Investigators Begin Seizing Bitcoin from Illegal Crypto Miners

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Russian law enforcers have started seizing Bitcoin (BTC) from illegal crypto miners, amid a widening crackdown. In a press release from the Investigative Department of the Investigative Committee (SKR) for the Amur Oblast, the SKR explained that it had confiscated Bitcoin worth around 7 million rubles ($88,570; BTC 0.8414) from an unnamed former electricity company

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Texas Congressman Slammed for Delayed Bitcoin Disclosure of 0K Purchases

Texas Congressman Slammed for Delayed Bitcoin Disclosure of $500K Purchases

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Congressman Brandon Gill (R-TX) is under scrutiny for allegedly improperly disclosing Bitcoin purchases of up to $500,000, according to a June 3 report from Open Secrets. Brandon Gill Under Fire for Bitcoin Disclosures According to the article, Gill made two different purchases of Bitcoin between $100,001 and $250,000 on January 29 and February 27. The

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Solana Trump NFTs Airdropped to Crypto Dinner Guests, High Secondary Market Sales

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Key Takeaways: Trump’s exclusive NFT giveaway to top $TRUMP token holders has sparked a frenzy on Solana. Despite the NFT hype, the memecoin’s sluggish price action has led to community frustration and calls for stricter tokenomics. Mounting scrutiny surrounds Trump’s crypto ventures, especially over funds raised and links to Binance via World Liberty Financial. In

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Ripple Scores Key Regulatory Win in the Middle East – Here’s What It Means for RLUSD

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Key Takeaways: Approximately 7,000 registered UAE companies can now leverage RLUSD for low-cost, efficient cross-border payments. RLUSD’s dual DFSA+NYDFS approval gives it a unique edge for global payments. UAE’s flexible rules attract stablecoin firms, unlike Europe’s strict MiCA regulations. On June 3, Ripple’s RLUSD stablecoin scored a regulatory double-win, earning approval from both Dubai’s DFSA

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Blockchain Firm Buys $68M in Bitcoin

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Key Notes Blockchain Group bought 624 BTC for $68 million, raising its total to 1,471 BTC. The firm reports a BTC yield of 1,097.6% YTD and 47.9% QTD. Institutional interest in Bitcoin continues to rise, with firms like Metaplanet and Coinbase joining in. . Blockchain Group, a cryptocurrency firm based in Paris, has expanded its

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Best crypto to buy as altcoin rotation favors low-caps BPEP new listing date June 17

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BRETT eyes significant recoveries from a key demand region. Bitcoin Pepe listing confirmed as presale surpasses $13.6M. Bullish on-chain indicators suggest potential breakouts for Tron. The cryptocurrency market signals notable shifts as Bitcoin hovers around $105K, with investors and traders turning their attention from large-cap tokens to mid- and low-tier assets. With the prevailing altcoin

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South Korea Lenders See Political Transition as Chance to Revamp Crypto Sector

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Leading banks in South Korea are urging the incoming administration to revamp financial regulations that limit their role in the virtual asset sector. The call reflects a broader ambition among lenders to compete more effectively with tech firms and gain entry into fast-evolving nonbanking markets. The Korea Federation of Banks revealed Tuesday that it had

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