Tag: Citing

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DJT scraps Crypto.com deals citing market condition, CRO token falls 5%

Trump Media (DJT) is unwinding parts of its crypto push, including scrapping plans to establish a publicly traded CRO token accumulation company, which it...

Mizuho turns bearish on stablecoin issuer Circle, citing Open USD competition

Japanese investment bank Mizuho downgraded Circle (CRCL) to underperform from neutral and slashed its price target to $50 from $85, arguing that OpenUSD's business...

Digital Chamber CEO Carbone Presses Senate for CLARITY Act Vote, Citing Financial Friction Cost to Americans

Cody Carbone of The Digital Chamber testified Tuesday before the Senate Banking Committee that passing the CLARITY Act is a prerequisite for reducing financial...

CME Group to Sue CFTC Over Perpetual Futures Approval, Citing Dodd-Frank Swaps Definition

The world's largest derivatives exchange operator said Wednesday it will sue the CFTC over the agency's approval of Kalshi's bitcoin perpetual futures, arguing the...

Citrini Research Calls Hyperliquid a Compelling Investment, Citing Nearly Half of All Crypto Token Buybacks

Citrini Research, known for moving AI equities with its reports, published an analysis calling Hyperliquid compelling, citing the protocol's Assistance Fund directing more than...

UK Authorities Sanction HTX Crypto Exchange, Citing Support for Russia

The UK government has added cryptocurrency exchange HTX to its list of sanctioned entities over its support of Russia.On Tuesday, UK authorities said that...

House Committee Leaders Urge Trump to Nominate CFTC Members, Citing CLARITY Act

The Republican chair and Democratic ranking member of the US House of Representatives Committee on Agriculture have called on President Donald Trump to fully...

Lido Selects Chainlink CCIP for Cross-Chain Expansion, Citing Security Principles

Lido's Network Expansion Committee chose Chainlink CCIP to bridge its staking token across chains, citing security lessons from $3 billion in cross-chain bridge exploits.Lido...

US Prosecutors Ask Judge to be Lenient on ex-Celsius Exec, Citing Cooperation

Federal prosecutors are recommending a light sentence for Roni Cohen-Pavon, the former chief revenue officer of defunct cryptocurrency lending platform Celsius.In a Monday letter...

Coinbase latest crypto firm to slash staff citing market conditions and AI shift. Reduces it by 14%.

Coinbase is set to slashing its workforce by roughly 14%, or 660 employees in response to negative market conditions and AI challenges.CEO Brian Armstrong...

Chaos Labs Terminates Aave Engagement Citing Risk Misalignment and Inadequate Funding

The risk management provider exits after three years, marking the third departure of a core contributor in two months.Chaos Labs, the risk management firm...