JPMorgan Lends Its Expertise to Solana’s Atomic Settlement Program
On Tuesday, the Solana Foundation revealed an open-source escrow program called Solana DvP, calling it an “atomic settlement program built for financial institutions.” The foundation...
Fairshake Backs 32 House Candidates As Crypto Election Spending Ramps Up
TL;DR Fairshake has named 32 U.S. House candidates it plans to support ahead of the November midterms. Six races are receiving $1 million in outside...
CFTC Lets Exchanges Convert Index Futures Into True Perpetual Contracts
TL;DR CFTC staff has issued temporary no-action relief allowing designated contract markets to convert certain broad-based security index futures into true perpetual contracts. Exchanges can...
Crypto ‘Godfather’ Gets 78 Months For $37M Meta Fraud Scheme
TL;DR Adam Iza, who called himself “The Godfather,” has been sentenced to 78 months in federal prison. Prosecutors said he stole more than $37 million...
Startale Opens Japan Digital Bond Paying Interest And Principal In JPYSC
TL;DR Startale Japan has opened subscriptions for a one-year digital corporate bond that pays interest and principal in JPYSC. The offering totals ¥99.9 million, carries...
Solana Foundation Launches Atomic DvP Settlement Tool With JPMorgan Input
TL;DR The Solana Foundation has launched Solana DvP, an open-source delivery-versus-payment settlement program for financial institutions. The MIT-licensed tool is designed to settle the asset...
Bringin Opens Euro Business Accounts Built Around Self-Custody Bitcoin
TL;DR Bringin has opened an invite-only beta of euro business accounts for companies using Bitcoin and stablecoins. Businesses get a named euro vIBAN and SEPA...
Genius Group Restarts Bitcoin Buying With 10 BTC Purchase
TL;DR Genius Group has restarted Bitcoin purchases, buying 10 BTC for approximately $854,000. The company paid an average of $85,364 per Bitcoin across purchases made...
Hyperscale Data Says Bitcoin And Cash Reserves Reach $56.4M
TL;DR Hyperscale Data says it held about $56.4 million in Bitcoin, cash and restricted cash as of October 4. That total included 219.9586 BTC valued...
CFTC Opens Rulemaking Push For Retail Leveraged Crypto Markets
TL;DR The CFTC has opened an advanced rulemaking process around retail commodity transactions involving crypto assets. The agency is asking for public input as it...