Strive has purchased $280 million worth of Bitcoin, marking the company’s largest Bitcoin acquisition in several months.
The transaction underscores Strive’s continued focus on building exposure to Bitcoin. The purchase is notable for its size and signals that the company remains active in the digital-asset market.
Crypto news site Cointelegraph seeks buyer after web traffic plunges Cointelegraph is seeking a buyer after a significant decline in web traffic, according to the information provided. The development highlights the challenges facing digital cryptocurrency media as audience behavior and online distribution continue to change. For publishers that rely heavily on website visits, a sustained…
In Her Final Weeks, SEC’s Peirce Calls for Ending the KYC “Panopticon” In the final weeks of her tenure at the U.S. Securities and Exchange Commission, Commissioner Peirce called for an end to what she described as the Know Your Customer, or KYC, “panopticon.” KYC rules require financial institutions and other regulated businesses to collect…
Sleuth ZachXBT Blasts Ripple’s $250K Payout for Bug That Could Mint 18 Trillion XRP On-chain investigator ZachXBT has renewed criticism of Ripple after calling a $250,000 bug bounty payout “cheap” for a vulnerability that could have allowed a catastrophic supply event on the XRP Ledger. The criticism centers on a bug disclosed by security researchers…
Fifth Circuit Green-Lights Coinbase Suit Against SEC Judges in New Orleans have ruled Coinbase can press forward with its lawsuit accusing the SEC of dragging its feet on crypto rules, handing the exchange a tactical win and putting fresh pressure on Washington. The decision keeps the case alive at a moment when the agency’s authority…
CFTC Loses Grip on Crypto’s Unlisted Future Trevor Kitchen just won the right to trade crypto derivatives without the CFTC’s permission. The D.C. Circuit tossed the agency’s enforcement order, ruling that Kitchen’s unregistered platform never offered futures contracts in the first place. The decision instantly narrows the agency’s reach over decentralized and offshore crypto venues….
Court Says CFTC Can’t Force Kraft to Hand Over Trade Secrets The Seventh Circuit just told the CFTC it can’t keep reaching for every scrap of internal data from a major food company. The ruling slams the door on a sweeping subpoena that would have handed regulators confidential pricing algorithms and risk models without a…
