Subject to approval from the SEC, the Bitwise spot XRP ETF will provide exposure to the value of XRP held directly by the trust.
Crypto Wet Articles
September crypto hacks surpass $120M, centralized exchanges hit
Cryptocurrency hacks in September totaled over $120 million, with centralized exchanges BingX and Indodax accounting for more than half.
Hamster Kombat tappers evolve with Swipe-to-Earn + Axie Pals Tamagotchis: Web3 Gamer
Hamster Kombat is “lighthearted and fun” but tap-to-earn gameplay is evolving; gamers playing 80-hrs a week to win a $100K prize: Web3 Gamer.
South Korean foundation to recover funds from defunct crypto exchanges
The Digital Asset User Protection Foundation will be set up by the DAXA self-regulatory organization and receive support from financial authorities.
Curve mulls dropping TUSD as crvUSD backing after SEC charges
The regulator alleged TUSD was 99% backed by a risky offshore fund, raising concerns about using TUSD to back Curve’s stablecoin.
DOJ sues Visa over alleged payments monopoly
The suit alleges that Visa purposely made it difficult for competitors to participate in the payments market.
US representative criticizes Gensler as most ‘destructive’ SEC chair during hearing
SEC Chair Gary Gensler faced criticism from lawmakers and agency members during a House Financial Services Committee hearing over his handling of crypto regulation in the United States.
Crypto wallet Exodus donates $1.3M to help ‘mobilize’ US crypto voters
Exodus’ donation to a political action committee is to “help support their mission of educating and mobilizing crypto voters around the country.”
Stand With Crypto drops ‘supports crypto’ tag from Harris after backlash
A Coinbase-backed lobby group initially graded Kamala Harris as “supports crypto” but dropped the characterization after wide criticism.
Assetera launches secondary tokenized RWA market on Polygon
Assetera will provide Europe’s first regulated secondary tokenized real-world asset marketplace.
Kosovo receives guidance from Council of Europe on crypto crime tracing
Kosovo’s Financial Intelligence Unit partners with the Council of Europe to improve crypto crime tracing skills and strengthen regulations on digital currencies.
Mango Markets mull $500K CFTC settlement amid ‘ongoing’ investigation
Solana-based decentralized exchange Mango Markets is considering offering the CFTC a $500,000 civil penalty to resolve the regulator’s allegations against the platform.