SEC Maintains Hold on Nasdaq Bitcoin Options Amid CME Jurisdictional Challenge
The SEC granted CME Group's petition to review its previous conditional approval of Nasdaq PHLX's cash-settled Bitcoin index options, keeping that approval stayed. The review challenges the jurisdictional authority that permitted Nasdaq to proceed with listing these Bitcoin derivative contracts.
Read full story →Bitmine stakes $278M in Ethereum, pushing total past 5 million staked ETH
Bitmine staked $278 million in Ethereum, bringing the company's total staked ETH past 5 million. This large concentration of staking power in a single entity raises concerns about Ethereum network centralization.
DeFi Protocol Aave Plans Orderly Exit from Low-Activity Markets and Chains, Potentially Impacting Nearly $100M in Assets
Aave plans to phase out support for underused asset reserves and exit several smaller blockchain networks, potentially affecting nearly $100 million in assets. The orderly exit initiative was announced by founder Stani Kulechov as part of a broader strategy.
XRP News: xrpld 3.2.1 Hotfix Patches Manifest Flood Draining XRPL Node Resources
A validator manifest flood attack threatened to drain XRPL node resources, prompting the xrpld 3.2.1 hotfix release that caps manifest handling. Node operators must complete a two-step upgrade process to implement the security patch.