Business
Commonwealth Bank will decline or hold payments to crypto exchanges to protect customers from scam risks.
DeFi
The Arbitrum ecosystem, which has $2.21 billion in total value locked, was briefly halted on Wednesday.
Bitcoin
Galaxy Digital’s Mike Novogratz says the firm is looking at how fast it can move people outside the United States.
Crypto exchange Binance’s acquisition of GoPax is on pause as regulators examine the SEC’s lawsuit against Binance, according to a local media report.
The SEC filed for a temporary restraining order to ‘ensure the safety of customer assets.’
Regulation
It could take years for new digital asset rules to be implemented without additional funding, says CFTC Chair Behnam.
Bellwether cryptos bitcoin and ether are in the green, while some altcoins recoup losses.
Ethereum
Optimism deployed the ‘Bedrock’ upgrade on Tuesday, introducing fundamental improvements that pave the way for the ‘Superchain’ future.
The SEC’s crypto crackdown has extended to Coinbase, one day after it took action against Binance.
The CFTC approved Cboe’s clearing services for margin trading on crypto futures under the Commodity Act.
