Author: 行政
AscendEX shut down on July 1, leaving some customers unsure whether they will recover their funds.The exchange said in a July 6 notice that it does not hold authorization under the European Union’s Markets in Crypto-Assets framework. It also cited financial and operational pressures, including a failed strategic transaction expected to provide liquidity.Customers can no longer use AscendEX to open accounts, deposit funds, trade, swap, stake or lend. They should retain access only to withdraw assets and complete other exit steps, provided the platform remains available, and no legal or insolvency restrictions intervene. Related ReadingMillions of EU crypto users face…
Hong Kong crypto platforms have until July 8, 2027, to ditch one-time passwords for client logins and device registration under new security rules.By then, licensed virtual asset service providers and internet brokers must use authentication that can resist phishing for client logins and the registration or binding of devices, according to a July 9 circular.The regulator said one-time passwords, or OTPs, do not meet that standard and should not be used for those two processes.The rule applies only when clients log in or link a new device, leaving other OTP uses unchanged.Firms do not have to make existing clients rebind…
Terraform Labs’ bankruptcy court cleared the Plan Administrator to use Jump Trading documents in a lawsuit seeking at least $4 billion while rejecting four late crypto-loss claims.One order lets the administrator use Jump Trading documents in the $4 billion lawsuit. The other rejects four late claims, narrowing who may share in any recovery. Neither decides whether Jump owes money or how much creditors could receive. Related ReadingTerraform Labs secures court approval to wind-down operations after settling with SECUS Bankruptcy Judge Brendan Shannon approved Terraform’s bankruptcy plan in Wilmington, Delaware, giving a green light to the wind-down. Sep 19, 2024 ·…
Regulators have until July 18, 2026, to turn the GENIUS Act from a statute into access rules for stablecoin issuers that want a clear regulatory path into the US.That date is the Act’s one-year rulemaking deadline, not a blanket cutoff for users or every restriction on issuers. Public Law 119-27 requires primary federal payment stablecoin regulators, Treasury, and state payment stablecoin regulators to issue implementing regulations through notice-and-comment rulemaking within one year of enactment.The law’s effective date is separate from this deadline. According to the OCC, the GENIUS Act takes effect on the earlier of two dates: 18 months after…
Three SEC crypto proposals are now penciled in for July, covering token offerings, broker-dealer custody and trading venues. The agency could start writing the rules before the Senate even decides whether to take up the CLARITY Act.Earlier this week, SEC Chair Paul Atkins said the agency’s 2026 regulatory agenda aims to bring more crypto products onshore, create clearer rules for capital raising with crypto assets, and clarify how market participants can custody and facilitate the trading of tokenized securities on-chain.According to him:“[These efforts are to] ensure that the next chapter of financial leadership is written in the US, and that…
The U.S. Mint launches its Best of the Mint 1916 Standing Liberty Quarter Dollar Gold Coin and Silver Medal Set today at noon ET, pairing classic American numismatics with contemporary minting artistry. The 1916 Standing Liberty Quarter Dollar Gold Coin and Silver Medal Set is the second release in the Best of the Mint Semiquincentennial series. The encapsulated gold coin and silver medal are presented together in a black U.S. Mint case, with an outer sleeve and certificate of authenticity featuring series imagery. Included is a quarter-ounce, 24-karat gold version of Hermon A. MacNeil’s iconic 1916 Standing Liberty quarter, enhanced…
More than 24 prediction market ETFs proposed by Roundhill, Bitwise, and GraniteShares remain in regulatory limbo, with the SEC yet to act despite the issuers filing their applications in February.The agency pushed back the expected launch timing to gain clarity on fund mechanics and investor disclosures, delaying products that would have reached the market through the normal 75-day automatic effectiveness window.Roundhill’s filings track Democratic or Republican outcomes in the 2028 presidential race, 2026 Senate control, and 2026 House control.Bitwise matched the three election bets with its own PredictionShares lineup, then went further with funds wagering on Bitcoin at $100,000, Ethereum…
Key takeaways Bitcoin (BTC), Ethereum (ETH), and XRP extended their recovery as geopolitical concerns eased. Market sentiment improved after US President Donald Trump said Iran had reached out to discuss a potential agreement. Bitcoin has surpassed the key $64,000 resistance level, with a breakout potentially strengthening the short-term outlook. Bitcoin (BTC) extended its recovery on Friday, climbing above the $64,000 level as improving investor sentiment supported a broader rebound across the cryptocurrency market. The recovery comes after geopolitical concerns eased following comments from US President Donald Trump, who said Iran had contacted the United States to discuss a potential agreement. …
Key takeaways Ethereum (ETH) is extending its recovery, trading near $1,800, a key technical resistance level. Despite improving momentum, ETH remains below its 50-day, 100-day, and 200-day EMAs, keeping the broader trend cautious. Technical indicators, including the RSI and MACD, suggest bullish momentum is strengthening. Ethereum price nears $1,800 as recovery momentum builds Ethereum (ETH) continued its recovery on Friday, climbing to around $1,790 as buyers pushed the cryptocurrency closer to the important $1,800 resistance level. Although recent gains have improved short-term sentiment, Ethereum remains below several major moving averages, indicating that the broader trend has yet to shift decisively…
On July 9, Phantom and the Hyperliquid Policy Center urged the CFTC to remove rules they say “unduly impede” fintech firms from working with registered derivatives markets.Phantom presents itself as the software in the middle, rather than the custodian. Users retain control of their funds and private keys, while trades are executed directly between them and registered venues.Phantom already offers Hyperliquid through its interface, though US users still cannot access it.American traders still need a regulated path to reach on-chain perpetual futures through a wallet, and this filing is Phantom’s attempt to build one.A flowchart shows a user’s wallet routing…