What Did Cory Klippsten Say About Twenty One Capital? Swan Bitcoin CEO Cory Klippsten has accused Tether of exercising effective control over Twenty One Capital and using the publicly traded Bitcoin treasury company to advance its interests in the United States. Klippsten argued that Tether had “obfuscated it to some degree,” but said the stablecoin
BitMEX is facing a proposed class action in the United States that seeks the return of more than 622 BTC ( or $40.39 million at press time) from two traders who allege the derivatives exchange designed its liquidation system to profit from forced liquidations. The lawsuit was filed on the same day BitMEX announced plans
Why Did The EU Add HTX To Its Sanctions List? The European Union has sanctioned cryptocurrency exchange HTX as part of a new package targeting financial networks accused of helping Russia evade restrictions imposed over the war in Ukraine. HTX was included among 14 companies providing cryptocurrency services that the EU said had helped Russian
A proposed ethics restriction in the Senate’s latest CLARITY Act draft would automatically expire at noon on January 20, 2029—the exact moment President Donald Trump’s current term is scheduled to end. The sunset clause has become a new source of controversy around the cryptocurrency market structure bill, with Democratic lawmakers and ethics advocates questioning why
US-listed cryptocurrency exchange-traded funds continued their positive momentum on July 22, with both spot Bitcoin and spot Ethereum ETFs recording net inflows as institutional investors gradually rebuilt exposure to digital assets. Spot Bitcoin ETFs attracted a combined $69.1 million in net inflows, marking the seventh consecutive trading day of positive flows. The steady buying extended
BitMEX will cease trading operations on September 23, ending more than a decade of activity for the crypto derivatives exchange co-founded by Arthur Hayes in 2014. The board of HDR Global Trading Limited, the company that operates BitMEX, made the decision following a strategic review of the business and the wider crypto market, according to
Senator Elizabeth Warren’s deadline for President Donald Trump to disclose his 2026 cryptocurrency earnings falls today. It carries no legal force, and the White House has already given its answer. Warren, ranking member of the Senate Banking Committee, wrote to Trump on 16 July asking him to voluntarily publish an updated financial disclosure covering crypto income
Why Did the SEC Settle With Coinbase? The U.S. Securities and Exchange Commission agreed to pay $150,000 in legal fees to settle a Coinbase lawsuit seeking internal agency records from the period when the regulator was pursuing its most aggressive crypto enforcement campaign. The agreement, filed on Wednesday, ends a two-year records dispute in which
US spot Bitcoin exchange-traded funds have returned to positive weekly flows, but the capital recovered represents only a fraction of the money investors withdrew during the market’s prolonged downturn. The 11 US-listed spot Bitcoin ETFs attracted approximately $75.7 million during the latest reporting week, following $197.4 million of inflows one week earlier. Combined, the two
US-listed cryptocurrency exchange-traded funds continued to attract fresh institutional capital on July 21, extending the sector’s recovery as investors cautiously returned to digital assets following months of sustained outflows. Spot Bitcoin ETFs recorded net inflows of approximately $39.3 million for the session, marking another day of positive demand despite a slower pace than the previous