Government opposes Coin Center’s intervention as Ethereum exploit case enters its 11th day US prosecutors have rejected attempts to introduce broader crypto policy arguments in the high-profile trial of brothers Anton and James Peraire-Bueno, who stand accused of conducting a $25 million exploit on the Ethereum blockchain using maximal extractable value (MEV) bots. In a Tuesday filing to the US District Court for the Southern District of New York, prosecutors opposed an amicus curiae brief from Coin Center, a digital asset advocacy organization, arguing that such intervention would inappropriately inject crypto policy debates into a criminal trial. Defense Pushes for…
Author: Blockto Team
Growing investor demand for altcoin ETFs signals expanding institutional interest beyond Bitcoin and Ethereum 21Shares, one of the world’s largest crypto asset managers, has filed to launch a new exchange-traded fund (ETF) tracking the Hyperliquid (HYPE) token, signaling rising institutional appetite for decentralized finance and next-generation blockchain assets. According to a filing submitted to the U.S. Securities and Exchange Commission (SEC) on Wednesday, the proposed 21Shares Hyperliquid ETF will track the price of the HYPE token — the native asset of the Hyperliquid blockchain, which powers its decentralized perpetual futures exchange. Coinbase Custody and BitGo Trust have been named as…
Former Binance chief seeks retraction from Senator Elizabeth Warren after claims tied to Trump pardon spark controversy Former Binance CEO Changpeng “CZ” Zhao is reportedly considering a defamation lawsuit against U.S. Senator Elizabeth Warren, following her public statement linking him to alleged money laundering and political bribery. The move underscores rising tensions between crypto executives and U.S. lawmakers as Washington sharpens its scrutiny of digital assets. According to sources familiar with the matter, Zhao’s legal counsel Teresa Goody Guillén, a partner at Baker & Hostetler, said the former exchange head will pursue litigation unless the senator retracts her Oct. 23…
Bitcoin’s decline to $110,487 reflects heightened uncertainty in global markets as traders brace for the Federal Reserve’s interest rate decision and shifting macroeconomic signals. Bitcoin (BTC/USD) extended its recent pullback, dropping below the key $110,000 level to trade around $110,487, marking a 2.2% decline in 24 hours. The move underscores growing market volatility ahead of the Federal Open Market Committee (FOMC) meeting, where policymakers are expected to outline their stance on interest rates amid persistent inflation and a fragile risk environment. The latest daily chart shows BTC retracing from the $113,500 intraday high, slipping back into the orange support band…
Markets react to pause in rate cuts as policymakers signal cautious optimism for U.S. economy The Federal Reserve kept the Federal Funds Rate steady at 4.00%, aligning with market expectations and signaling confidence that inflation is gradually moving closer to the central bank’s 2% target. The move follows a previous rate of 4.25%, marking the second consecutive meeting where policymakers chose to maintain current borrowing costs. The decision, widely anticipated by analysts, reflects the Fed’s balancing act between supporting economic growth and maintaining price stability. The unchanged policy rate was consistent with economists’ predicted 4.00% outcome, suggesting that monetary tightening…
Despite a 3% intraday drop, PEPE remains resilient at major support, with rising on-chain activity hinting at strategic accumulation among large holders. The PEPE/USDT pair continues to attract market attention as the meme token stabilizes near its critical support zone around $0.00000069, following a brief 3% pullback over the past 24 hours. While short-term sentiment appears cautious, technical indicators suggest that the token’s consolidation may be setting the stage for a potential recovery, especially as trading volume shows an uptick linked to large wallet activity. At the time of writing, PEPE trades at approximately $0.000000692, testing the green support range…
New ETF offers institutional investors Solana exposure with staking rewards amid surging demand for PoS assets Grayscale Investments has officially entered the Solana exchange-traded fund (ETF) arena with the launch of its staking-enabled Solana spot ETF on NYSE Arca, marking another milestone in the growing competition for institutional Solana access. The new product, trading under the ticker GSOL, allows investors to gain exposure to Solana’s native token (SOL) while earning staking rewards through the network’s proof-of-stake (PoS) mechanism. Grayscale confirmed the fund launched with $103 million in seed capital, positioning it as one of the largest Solana exchange-traded products (ETPs)…
Partnership aims to give traders real-time blockchain insights into token ownership and suspicious market behavior Binance, the world’s largest crypto exchange, has partnered with Bubblemaps, a blockchain data visualization platform, to improve transparency for millions of Web3 Wallet users and help uncover potential insider trading or token manipulation in the crypto market. The integration, announced Wednesday, allows Binance’s non-custodial wallet users to analyze token distribution and wallet clustering patterns directly within their app. The goal, according to Binance, is to bring “layers of transparency” to the rapidly expanding onchain trading ecosystem. “As more traders and activity move onchain, the need…
Move follows regulatory clarity and growing institutional demand for compliant digital asset infrastructure Swiss crypto infrastructure provider Taurus has officially entered the U.S. market with the opening of a New York office, marking a major milestone in its North American expansion strategy. The move comes as institutional interest in regulated crypto services surges, following a wave of regulatory reforms in Washington that have reshaped the environment for digital assets. Taurus, already established in Vancouver, Canada, said its latest expansion reflects increasing demand from banks, asset managers, and corporates seeking secure and compliant blockchain infrastructure. The company expects the U.S. market…
Ahead of the Federal Reserve’s policy announcement, Bitcoin eases from local highs, consolidating within a crucial mid-range support zone as traders anticipate volatility. Bitcoin (BTC/USD) slipped to around $111,780, marking a 1% decline in the past 24 hours as markets turn cautious before the Federal Open Market Committee (FOMC) meeting scheduled later today. The move comes after the leading cryptocurrency faced repeated rejection near the $120,000 resistance zone, signaling that investors are positioning defensively amid macroeconomic uncertainty. The latest chart structure shows BTC retreating from the red resistance band near $120,000—an area where selling pressure has historically emerged—while finding interim…