Regulation
Industry heavyweights applauded the news that the agency’s enforcement chief, Gurbir Grewal, will be stepping down from his post on October 11.
Business
Ethereum’s Vitalik Buterin argued in favor of Middle East conflict-based betting markets, saying “it’s not about making money from bad stuff happening,” but rather creating an environment where speech has consequences without government censors.
The SEC has submitted a notice of appeal to the Second Circuit Court of Appeals in Manhattan, seeking to challenge a federal judge’s ruling in its case against Ripple.
Roughly 175.56 million TIA tokens will be unlocked, which represents about 82% of the current circulating supply, Messari data shows.
National security issues typically take precedence over other legislation, according to experts.
Tech
Since Coinbase announced it added DEGEN to its listing roadmap, the token has seen its market cap surpass $160 million.
A judges’ order permits Kalshi, as well as other designated contract markets, to host election-related bets for at least the next several months.
Crypto-focused asset manager Bitwise has taken the first steps towards launching an XRP ETF.
Bitcoin
Bitcoin’s drop below $61,000 triggered more than $500 million worth of liquidations over the last 24 hours.
Bitcoin falls 2% as geopolitical tensions rise between Iran and Israel, with investors turning to gold as a safe haven.
