Shares in QMMM Holdings will be off the market until Oct. 13 after the US securities regulator suspended trading to probe possible stock manipulation.
Jesse Coghlan
Jesse Coghlan is a Sydney-based journalist and joined Cointelegraph’s Asia-Pacific newsdesk as its deputy editor in 2022. He mainly covers court cases and government policy from around the world that focuses on crypto and aims to translate the complex legal language into something more accessible. He previously co-hosted and produced a podcast covering crypto news and reported on crime and civil unrest with his early work as a freelance reporter. Jesse has no crypto holdings above Cointelegraph’s disclosure threshold of $1,000.
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SEC trading halt of crypto treasury firm QMMM is a TradFi issue - News
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Market maker GSR files for ETF to track crypto treasury firms GSR has filed for five crypto ETFs involving staking and bundling tokens, but its headlining bid is a fund that invests in crypto treasury companies.
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Australia drafts law to tighten oversight of crypto exchanges Australia has released draft legislation to create new crypto products, bringing the crypto companies under the same rules as financial services businesses.
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Japan’s policy shifts helped it double crypto adoption: Chainalysis Chainalysis APAC policy lead Chengyi Ong says favorable policy and taxes helped boost crypto in Japan, while stablecoins were popular across the Asia Pacific.
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JPMorgan CEO: Fed cuts not assured, stablecoins no threat to banks JPMorgan CEO Jamie Dimon says the Federal Reserve won’t cut rates until inflation cools, and adds he is “not particularly worried” about stablecoins.
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Crypto treasury stocks fall as markets rout, with some exceptions Investors didn’t take too kindly to new crypto acquisitions from treasury companies on Monday, while announcements from crypto-pivoting businesses had the opposite effect.
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Crypto.com says report of undisclosed user data leak ‘unfounded’ Crypto.com CEO Kris Marszalek says the exchange had disclosed a 2023 security breach to regulators, and accusations suggesting otherwise were misinformation.
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Canada’s TradeOgre seizure slammed as ‘theft from many innocent users’ Canadian police have seized $40 million in crypto from TradeOgre, which the exchange’s supporters have criticized as heavy-handed.
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Rex-Osprey’s XRP, DOGE ETFs ‘no slouch’ with $54M volume on debut Novel ETFs tracking XRP and Dogecoin have surpassed analyst trading volume expectations, together seeing $54 million in trades on their debut.
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Crypto exchange Bullish rises on second-quarter earnings beat Bullish posted $57 million in revenue in the second quarter, beating analyst estimates and giving its share price a lift after-hours to extend its gains on the day.
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Memecoiners erect a 12-foot golden Trump Bitcoin statue near US Capitol Livestreamers on Pump.fun placed a golden statue of Donald Trump holding a Bitcoin outside the US Capitol as part of a memecoin stunt.
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UN agency to upskill governments on crypto tech next year The UN agency tasked with tackling poverty is preparing to help teach governments about blockchain and AI technologies to spur economic growth.
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KindlyMD sinks 55% as swing traders told to ‘exit’ ahead of volatility Shares in the Bitcoin-buying firm KindlyMD dropped 55% after CEO David Bailey encouraged low-conviction traders to exit.
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Buterin says AI-run crypto governance a ‘bad idea’ due to jailbreaks Vitalik Buterin has warned against AI in crypto governance after ChatGPT’s latest update was shown to be exploited to leak private data.
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Bitcoin whale is dumping again as BTC flatlines at $116K A Bitcoin whale that swapped $4 billion in Bitcoin for Ether two weeks ago has started offloading more of the cryptocurrency.
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Crypto treasury ‘easy money’ era ends, but that may be good for crypto Crypto treasury firms will need to do more than copy Strategy’s playbook to thrive as the market matures, and that competition could boost crypto markets.
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BitMine makes second huge ETH grab this week, holdings hit $9.2B Ether treasury company BitMine has expanded its investment in Ethereum by another $200 million, bringing its ETH stockpile above $9 billion.
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Fintech Eightco surges 3,000% after plan to amass Worldcoin The largest corporate Ether holder, BitMine, backed Eightco Holdings' $270 million plan to buy and hold the token of the eyeball-scanning crypto project Worldcoin.
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Sky joins bidding war to launch Hyperliquid’s USDH stablecoin Sky, formerly Maker, is the fifth major crypto protocol to propose to help issue and manage USDH, a planned stablecoin from Hyperliquid.
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Germany yet to seize $5B Bitcoin tied to piracy site Movie2K: Arkham German authorities may have missed seizing as much as $5 billion in Bitcoin tied to a piracy site it investigated last year, according to Arkham.
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Crypto treasuries set for ‘bumpy ride’ as premiums narrow: NYDIG An NYDIG analyst has warned of possible market turbulence as the gap between the share price and asset values of Bitcoin holding companies has narrowed.
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EU lawmakers skeptical of digital euro as ECB renews pitch Europe’s central bank pitched the digital euro as a backup in a crisis, but some EU lawmakers still had doubts over its design and use.
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Coinbase’s preferred AI coding tool can be hijacked by new virus Cybersecurity firm HiddenLayer has warned of a new virus that can inject malicious prompts into Cursor — an AI coding tool developers use worldwide.
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Etherealize raises $40M to market Ethereum, firms add $1.2B this week Electric Capital and Paradigm helped raise $40 million for the Ethereum advocacy company Etherealize as public firms added billions worth of Ether.
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Trump-backed American Bitcoin ends choppy Nasdaq debut up 16% The Eric and Donald Trump Jr.-backed American Bitcoin finished trading at a gain on Wednesday after a turbulent first day on the Nasdaq.