Insights

🗞️ Need to catch up on the news? Here's our top 10 from today: 🔸 Crypto. com has announced that the SEC has agreed to close its investigation against the cryptocurrency exchange with no enforcement action taken. 🔹 Gracy Chen, CEO of Bitget, criticized Hyperliquid’s handling of the $JELLY incident as immature and unethical, warning it may be on track to become “FTX 2.0.” 🔸Kazakhstan is planning to establish a national crypto bank to regulate all cryptocurrency transactions in the country. 🔹 French state-owned bank Bpifrance launches €25m fund for new French crypto tokens. 🔸 Tether, the issuer of $USDT, is acquiring a 30% stake in Italian media company Be Water, which specializes in producing and distributing films, series, and podcasts. 🔹 Circle and Intercontinental Exchange (ICE ), parent of the NYSE, have signed an MoU to explore integrating $USDC and USYC into ICE’s trading, clearing, and data systems. 🔸 Sam Bankman-Fried has been transferred to a federal transit facility in Oklahoma City after an unauthorized jailhouse interview with Tucker Carlson. 🔹 JPMorgan predicts yield-bearing stablecoins could grow from 6% to 50% of the market, driven by rising demand for interest-bearing assets. 🔸 Over 400 South Korean officials reveal $9.8M in crypto holdings, including $BTC , $ETH , $XRP and $DOGE. 🔹 Interactive Brokers adds $SOL, $XRP, $ADA, and $DOGE to its crypto trading platform.