regulatory
Here’s What Happened in Crypto Today
Bitcoin and Ethereum declined 3% as August trading began with renewed market caution, while the XRP Ledger prepared for a landmark upgrade and security concerns intensified across the hardware wallet ecosystem. Regulatory pressures mounted with Russia signaling mining restrictions and BitMart announcing a trading shutdown, creating a mixed landscape of infrastructure development and compliance headwinds...
Here’s What Happened in Crypto Today
Bitcoin and Ethereum declined sharply ahead of tomorrow’s Federal Reserve rate decision, with digital assets shedding value as investors positioned ahead of the announcement. The sell-off triggered $615 million in liquidations across markets in 24 hours, reflecting heightened volatility in the sector. Meanwhile, regulatory developments continued to weigh on sentiment, with the CLARITY Act stalling...
BitMEX Sued for $40.7M Bitcoin on Shutdown Day
BitMEX faces a 622.66 Bitcoin class action lawsuit valued at $40.7 million, filed Thursday in New York federal court just hours after the storied derivatives exchange announced its shutdown on September 23, 2026. The timing underscores mounting legal exposure for the legacy platform as it exits the market after an 11-year run that fundamentally shaped...
Tether USDT Hits 8.5% Premium in India After Enforcement Crackdown
Tether’s USDT stablecoin has surged to an 8.5% premium above its dollar peg on Indian cryptocurrency exchanges following an intense government crackdown on crypto payment firms, marking one of the sharpest supply disruptions for the token in a major emerging market. The Enforcement Directorate, India’s financial-crime agency, launched coordinated searches across six premises in Bengaluru...