Why Is the CFTC Drawing a Line on 24/7 Markets? The U.S. Commodity Futures Trading Commission has warned derivatives exchanges and clearing firms that expanded 24/7 trading may not be suitable for every asset class, even as the agency shows greater comfort with around-the-clock crypto markets. The advisory was issued Friday, the same day the
Overview: Bitcoin is extending its weekly decline, with losses approaching 5% over the past several trading sessions as bearish sentiment continues to weigh on the market. The cryptocurrency is currently trading close to its April lows around the 73,000 level, reflecting growing selling pressure after its recent rejection from monthly highs near 82,500. The inability
Why Did The SEC Charge Nathan Fuller? The Securities and Exchange Commission has charged Texas resident Nathan Fuller with running a crypto fraud scheme that raised $12.3 million from roughly 150 investors by falsely claiming to use AI-powered trading bots to generate guaranteed returns. Fuller, a resident of Cypress, Texas, operated the scheme through Privvy
Why Are Bitcoin ETF Outflows Drawing Attention? Spot bitcoin exchange-traded funds have recorded outflows for 10 consecutive trading days, with total net redemptions exceeding $2.97 billion since May 15. The streak has turned ETF flows into one of the clearest short-term indicators of weakening risk appetite in the bitcoin market. According to SoSoValue data, daily
What Happened to Gravity Bridge? Gravity Bridge, a cross-chain protocol that moves assets between Ethereum and the Cosmos ecosystem, was drained of roughly $5.4 million early Saturday in what blockchain security researchers believe was a compromised signing key incident rather than a smart contract flaw. The unusual outflows were first flagged by onchain analyst Specter
Why Did Circle Freeze Zama’s Confidential USDC Contract? Circle froze about $12.6 million in USDC after a federal judge ordered the company to blacklist the Ethereum contract behind Zama’s confidential USDC token, pulling a privacy-focused infrastructure protocol into a dispute over Overnight Finance treasury funds. The blacklist hit the cUSDC contract early Saturday, locking 12,606,386