United States Securities and Exchange Commission

Onyx Protocol recently lost $3.8 million in a hack exploiting a known vulnerability in its forked Compound V2 code. Attackers targeted empty markets, echoing similar breaches in other Compound forks, highlighting ongoing security concerns in DeFi. This is not Onyx Protocol's first breach.

Vice President Harris promotes Bitcoin adoption while Mark Cuban eyes the SEC chairmanship, criticising Gary Gensler’s leadership. DeFi legislation and upcoming elections will influence U.S. cryptocurrency policy.

Congress has taken a firm stance against the SEC’s SAB 121, citing concerns over its conflicting standards and lack of public consultation. The rule’s classification of digital assets as liabilities on banks’ balance sheets has caused confusion and backlash, with lawmakers pushing for its reversal. As the SEC works to navigate these challenges, the debate continues over how best to regulate cryptocurrencies in the financial sector.

Republicans in the US have called for the SEC to revoke its rule on cryptocurrency custody, citing concerns over its impact on banks and financial innovation. Despite bipartisan support, the repeal bill was vetoed by President Biden.

National policies shape global cryptocurrency markets, with regulations driving innovation or hindering growth. At TOKEN2049 Singapore, experts discuss how different national approaches impact local dynamics, global trends, cross-border transactions, and the future of cryptocurrencies in the financial system.

The U.S. Securities and Exchange Commission (SEC) has approved the listing and trading of options on BlackRock’s Bitcoin Spot ETF, giving institutional investors more diversified tools and exposure to Bitcoin, which is gradually gaining recognition in mainstream financial markets.

Elon Musk is under scrutiny as the U.S. Securities and Exchange Commission (SEC) moves to impose sanctions following his failure to attend a court-ordered deposition related to his $44 billion acquisition of Twitter.

The SEC seeks a four-month extension in its lawsuit against Coinbase, pushing the deadline to February 2025. The delay, which Coinbase has agreed to, follows extensive document review. The case's timing and regulatory scrutiny are raising concerns.

The SEC has charged individuals behind two crypto scams, NanoBit and CoinW6, that exploited investors through “relationship investment” tactics, warning of the growing threat of romance scams in the crypto sector.

Circle, the issuer of the world’s second-largest stablecoin, USDC, is making a strategic move by relocating its global headquarters to New York City.