The top securities regulator in the US is pausing Bitwise’s plan to convert its Bitwise 10 Crypto Index Fund (BITW) into a spot exchange-traded fund (ETF) almost immediately after approving it. Two days ago, the U.S. Securities and Exchange Commission (SEC) gave an “accelerated” approval of Bitwise’s proposal to convert BITW to a spot ETF. “Pursuant to Section 19(b)(1) of the Securities Exchange Act of 1934 (‘Exchange Act’) and Rule 19b-4 thereunder, NYSE Arca, Inc. (‘NYSE Arca’ or ‘Exchange’) filed with the Securities and Exchange Commission (‘Commission’) a proposed rule…
Category: Exchanges
Abu Dhabi, Budapest Stock Exchanges to Explore Dual Listings, Cross-Border Trading
The Abu Dhabi Securities Exchange (ADX) and the Budapest Stock Exchange (BSE) have entered into a Memorandum of Understanding (MOU) to establish a partnership. The agreement aims to enhance collaboration across several key initiatives. It also covers the analysis of possibilities for dual listings and cross-border trading. The signing ceremony occurred during the state visit of His Highness Sheikh Mohamed bin Zayed Al Nahyan, President of the UAE, to Hungary. Deepening Capital Market Ties The MOU outlines efforts to share best practices and foster greater connectivity between the two nations’…
Flipster Extends Esports Presence as Official Crypto Exchange Partner of PSG Talon’s League of Legends Team
TAIPEI, July 22, 2025 /PRNewswire/ — Flipster, a global cryptocurrency trading platform, has announced an expanded partnership with PSG TALON, one of Asia’s premier League of Legends teams. As Official Crypto Exchange Partner for the upcoming competitive season, Flipster continues its commitment to shaping the future of competitive gaming through meaningful fan engagement. This marks the latest chapter in Flipster’s ongoing collaboration with TALON, which began earlier in May with the team’s Dota 2 roster. With PSG TALON, Flipster enters one of the most-watched esports titles in the world, bringing…
JPMorgan Reportedly Explores Lending Against Clients’ Cryptocurrency Holdings
JPMorgan Chase is reportedly exploring the possibility of lending against clients’ cryptocurrency holdings, marking a significant shift in the bank’s stance on digital assets, according to the FT. This potential policy change comes as the largest U.S. banks increasingly embrace cryptocurrencies, despite CEO Jamie Dimon’s previous criticisms of bitcoin, which he once labeled a “fraud.” […] Source
$44,200,000 Vanishes From Crypto Exchange After Internal Account Compromised in Server Breach
One of the largest crypto exchanges in India just lost millions of dollars worth of digital assets following a security breach first reported by the pseudonymous on-chain investigator ZachXBT. In a post on the messaging platform Telegram, ZachXBT says that an attacker siphoned $44.2 million from CoinDCX and bridged some of the stolen funds from Solana (SOL) to Ethereum (ETH). CoinDCX co-founder and CEO Sumit Gupta later confirmed the unauthorized withdrawals in a post on the social media platform X. “Today, one of our internal operational accounts – used only…
Prediction Platform Polymarket Buys QCEX Exchange in $112 Million Deal to Reenter the U.S.
Polymarket has acquired the parent company of QCEX, a CFTC-licensed exchange and clearinghouse, in a $112 million deal that paves the way for the crypto prediction market’s return to the United States. The acquisition gives Polymarket access to U.S. markets through QCX, LLC and QC Clearing LLC, which hold licenses from the Commodity Futures Trading Commission. The move follows the end of a federal investigation into Polymarket’s prior operations, clearing a path for the company to resume service to American users within a regulated framework. Polymarket has acquired QCEX, a…
London Stock Exchange Wants to Launch 24-Hour Trading: Can It Save the Dying Demand?
Following the lead of American stock exchanges, the London Stock Exchange Group (LSEG) is exploring the possibility of launching 24-hour stock trading to meet the growing demand among retail investors for trading outside standard hours. According to the Financial Times, the bourse operator is considering the practical aspects of increasing its trading hours, including technology and regulatory issues. Americans Are Already Pushing for Extended-Hours Trading The London Stock Exchange’s interest in round-the-clock trading came after three major US exchanges—New York Stock Exchange, Nasdaq, and Cboe Global Markets—applied to local regulators…
Indian Exchange Suffers $44M Hack—Solana Hot Wallet Compromised in Sophisticated Attack
According to Cyvers, a hack was detected at the Indian centralized exchange CoinDCX, resulting in the theft of approximately $44.2 million in USDC and USDT from one of its operational wallets on Solana. Official Confirmation and Initial Exchange Response The blockchain security firm Cyvers said its system detected a hack into the Indian centralized exchange, […] Source
Cryptocurrency Market Cap Soars Past $4 Trillion for the First Time Amid Broad Rally – SuperCryptoNews
The global cryptocurrency market capitalization has shattered records, surging above the $4 trillion mark for the first time ever on Thursday. According to Coingecko data, the total crypto market cap reached approximately $4.003 trillion, with a staggering $260.2 billion worth of crypto traded in the past 24 hours. Bitcoin continues to dominate, holding 59.91% of the total market with a capitalization of $2.39 trillion. The monumental $4 trillion achievement comes amid a widespread rally across the entire crypto market. Bitcoin itself saw a 1.71% rise in the past 24 hours,…
Nasdaq Exchange Files SEC Form to List Staking Ethereum ETF
The Nasdaq stock exchange filed an application with the US Securities and Exchange Commission (SEC) on Wednesday on behalf of BlackRock to add staking to the asset manager’s iShares Ether (ETH) exchange-traded fund (ETF). If the application is approved, the fund would give investors exposure to staking rewards accrued from using the underlying Ether as collateral security for Ethereum’s proof-of-stake consensus algorithm. In May, the SEC released guidance classifying staking rewards earned from validation services on proof-of-stake blockchain networks as earned income rather than securities transactions subject to capital gains…