Hypothekarbank Lenzburg, a regional Swiss bank with over $7 billion in assets, has become the sixth Swiss bank to join Six Digital Exchange (SDX). According to the press release from Sept. 27, Hypothekarbank Lenzburg joins Berner Kantonalbank, Credit Suisse, Kaiser Partner Privatbank, UBS and Zürcher Kantonalbank. All the companies are…

In the ongoing lawsuit brought by the Securities and Exchange Commission (SEC), Binance was granted an extension to respond to court orders on Sept. 26. The SEC filed suit in August against cryptocurrency exchange Binance Holdings Limited and its founder, Changpeng Zhao, along with two U.S.-based Binance entities, BAM Trading…

The upcoming $3 billion in Bitcoin (BTC) monthly options expiration on Sep. 29 could prove pivotal for the $26,000 support level. BTC price faces serious headwinds On one side, Bitcoin’s recognition in China appears to be strengthening, following a judicial report from a Shanghai Court that acknowledged digital currencies as…

Despite concerns that Bitcoin Ordinals are clogging the network, there is little evidence to suggest inscriptions are taking blockspace away from higher-value Bitcoin (BTC) monetary transfers. “There is minimal evidence that inscriptions are displacing monetary transfers,” on-chain analytics firm Glassnode explained in a Sept. 25 report. The firm explained that this is…

Crypto influencer Ben Armstrong, formerly known as ‘BitBoy,’ reportedly spent the night in the slammer and has been hit with two charges following his conspicuous arrest.  Armstrong, who was taken into custody on Sept. 25 while livestreaming outside a former associate’s house, spent a little over 8 hours in a…

Central bank digital currencies (CBDCs) have become well-established as a major talking point in the academic mainstream and geopolitics — not to mention the crypto community and its rowdy public discourse on X. While national leaders and supranational financial institutions such as the World Bank and International Monetary Fund have come…

The co-founder of AirBit Club — a cryptocurrency pyramid scheme that swindled investors of over $100 million — has been sentenced to 12 years in prison for his role in a $100 million “pyramid scheme”  that purported to be involved in crypto mining.  The sentencing comes nearly seven months after…

Prosecutors from the United States Department of Justice will be allowed to surface the details of Sam Bankman-Fried’s political donations as the evidence is directly relevant to his fraud charges, ruled U.S. District Judge Lewis Kaplan. The decision was part of a series of rulings made by Kaplan in a…

Bitwise Asset Management has filed an amended application for a spot Bitcoin exchange-traded fund (ETF), beefing it up with 40 pages of new text responding to the United States Securities and Exchange Commission’s objections to the product. However, it still might not be enough to satisfy regulatory requirements, a company…