Tag: Bitcoin News

TL;DR: New York’s attorney general is seeking $1.3 billion in monetary relief in the NovaTech case and has announced nearly $6 million in promoter settlements. The larger sum is a request to the court, not money recovered for investors. New York’s effort to recover losses from the NovaTech cryptocurrency scheme has reached a new stage,…

TL;DR: The SEC has named tokenization among its fiscal 2027 examination priorities, bringing the systems behind blockchain securities into closer supervisory focus. The staff document sets inspection priorities and creates no new legal obligations. The SEC’s tokenization agenda now includes a practical question for financial firms: can the infrastructure work reliably when something goes wrong?…

TL;DR: BlocksBridge reported Bitcoin’s seven-day hashrate above one zettahash in the week to October 22. Mining competition has recovered despite companies shifting some infrastructure toward AI. A mining company can switch strategy without making Bitcoin mining any easier for the businesses that remain. New network data puts that distinction in focus. In its October 22…

TL;DR: Capital Research and Management’s reported Metaplanet voting stake reached 11.11% as of October 16. Both a larger holding and a share buyback affected the percentage. Metaplanet has disclosed that Capital Research and Management crossed the 10% voting-rights threshold, based on an investor report. The company’s October 23 notice puts the investment adviser’s reported position…

TL;DR: Sygnum and Debifi have launched MultiSYG, a Bitcoin-backed lending service using segregated multisignature wallets. The arrangement spreads control of collateral across several parties, while borrowers remain exposed to the economics of a secured loan. Sygnum and Debifi launched MultiSYG on October 23, bringing shared control of Bitcoin collateral into the bank’s lending business. Each…