• Trump_Media_Files_Amendment_to_Bitcoin_ETF_Registration_Crypto.com_to_Offer_Custody
    Cryptocurrency

    Trump Media names Crypto.com in ETF plan

    August 12, 2025 - By 

    Trump Media & Technology Group, the company behind Truth Social, has filed an amended with the U.S. Securities and Exchange Commission (SEC) for a spot Bitcoin exchange-traded fund.  Operational partners are named in the filing. Crypto.com will serve as the Bitcoin custodian and liquidity provider, while Yorkville America Digital will act as the fund’s sponsor, according to a Monday release. The amendment still omits key details, including the fund’s fee and ticker symbol, as noted by Bloomberg Intelligence analyst Eric Balchunas. Balchunas has also said the proposed ETF could find it hard to attract investors because it is entering an…

  • Cryptocurrency

    What Happened In Crypto Yesterday?

    August 8, 2025 - By 

    TL;DR Crypto market saw an uptick of 2.89% bringing the total market cap to $3.87 trillion.  SharpLink Gaming bolstered its treasury with 10,975 ETH ($42.79M), bringing its total to 532,194 ETH. SEC and Ripple have jointly dropped their years-long appeal with the U.S. Court of Appeals for the Second Circuit. ETH Headed To $4k? On August 7, SharpLink Gaming raised $200M to expand its ETH treasury, purchasing 10,975 ETH ($42.79M). Similarly, FG Nexus announced a $5B fundraising plan to build ETH reserves, echoing strategies from BitMine and MicroStrategy’s Bitcoin acquisitions. Ethereum had been underperforming for the past few months but…

  • myconstant crypto scam
    Hack & Scam

    MyConstant Founder Pays $10.5M to Settle SEC Charges

    August 7, 2025 - By 

    Huynh Tran Quang Duy, also known as Duy Huynh, the founder of the failed crypto lending platform MyConstant, has agreed to pay more than $10.5 million to settle charges brought by the U.S. Securities and Exchange Commission (SEC). The SEC accused him of misusing investor funds to purchase TerraUSD, the now-defunct stablecoin. Instead, the SEC said Huynh spent $11.9 million of investor money to purchase TerraUSD (UST), a stablecoin tied to the Terra blockchain that crashed in mid-2022, wiping out billions in market value. The platform has been under regulatory scrutiny since late 2022, when California’s financial regulator accused it…

  • SEC liquid staking not securities
    Regulation

    SEC Clarifies Liquid Staking As Not Securities

    August 7, 2025 - By 

    The U.S Securities and Exchange Commission has issued a staff statement clarifying that liquid staking is not classified as a security, paving the way for clearer digital asset regulation.  Liquid staking is a process where an individual stakes a specific cryptocurrency and receives staked tokens that work as proof that the individual has staked crypto on the protocol.  “The statement clarifies the division’s view that, depending on the facts and circumstances, the liquid staking activities covered in the statement do not involve the offer and sale of securities,”  – the regulator stated this referring to the Securities Act of 1933…