Today in Crypto: SBF's Attorneys Ask for His 'Temporary Release', Bybit and OKX Exclude Sanctioned Russian Banks From Payment Options, Verified Scam Accounts Targeting Crypto Twitter are 'Out of Control'
17:00 Today in Crypto: HashKey to Start Offering Crypto Trading to Retail Clients in Hong Kong, ARK Invest & 21Shares Apply for Futures ETFs, Prime Trust Lost $8 million of Client & Treasury Funds in a TerraUSD Investment
17:00 Today in Crypto: Sinapore's Banking Giant DBS Unveils Its Metaverse Concept, UK Explores 'Best Way' to Ban Cold Calling for All Financial Products Including Crypto, SBF's Layers Can 'Make Unlimited Advantage of Visitation Hours'
Today in Crypto: Thailand May Banish Facebook Because of Crypto Scam Ads, Terra Freezes Website Due to Phishing Scams, Phantom Launches the 'Sign In With Solana' Feature Source: AdobeStock / diy13 Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________ Regulation news Thailand’s Ministry of Digital Economy and Society (DES) asked a court to prepare an order to close Facebook in the country by the end of the month […]
Today in Crypto: Pup Balltze Cheems Dies at Age 12, Kenya Forms Committee to Investigate Worldcoin, Solo Miner With Just 1PH of Hashrate Gets Full $160,000 Bitcoin Block Reward
Crypto downturn sinks ALGO price to all-time low Algorand price fell to $0.09, its all-time low, amid wider crypto sell-off. ALGO’s highest ever price was $3.56 reached in 2019 – it also hit $2.80 during the 2021 bull market. Regulatory headwinds have coincided with further declines for ALGO. Algorand is among several altcoins that had it extremely rough during this week’s crypto sell-off. […]
Today in Crypto: Mastercard Forms a CBDC Program with Ripple, Consensys & Fireblocks, OpenSea is Set to Disable its Operator Filter, Taiwan Proposes Business Category for Crypto Firms to Self-regulate & Form Industry Associations
Tornado Cash lawsuit judge sides with US Treasury in motions for summary judgement Competing motions for summary judgment saw a federal judge rule the U.S. Treasury with within its authority to declare Tornado Cash a sanctioned entity. News Join us on social networks A federal judge in Texas has sided with the United States Department of the Treasury by granting a motion for summary judgment in a lawsuit […]
Today in Crypto: Stellar Buys Minority Stake in MoneyGram, Adidas and BAPE Reveal Limited Sneakers Auctioned via NFT Passes, Three Key Silvergate Execs Set to Leave the Company
Abu Dhabi grants virtual asset firm M2 permission to offer crypto services M2 platform will launch later in 2023, allowing UAE-based retail and institutional clients to buy, sell and custody virtual assets. News Join us on social networks The Financial Services Regulatory Authority (FSRA) of the Abu Dhabi Global Market (ADGM) has granted financial services permission (FSP) to virtual assets firm M2 to operate a multilateral trading […]
Stablecoin Firm Circle's Chief Strategy Officer Urges Legislation Amidst USDC Market Decline Source: Adobe / Skórzewiak Circle is advocating for federal legislation regarding stablecoins amid the volatility in its USD Coin (USDC) after some bank failures earlier this year. In a recent interview with Bloomberg, Dante Disparte, Circle's Chief Strategy Officer, spoke out against the lack of regulations in the stablecoin industry, highlighting the risks posed to investors and the broader financial […]
US lawmakers press SEC and FINRA on Prometheum’s broker-dealer approval Members of the House Financial Services Committee questioned the “timing and circumstances” of FINRA approving Prometheum’s special purpose broker-dealer license in May. News Join us on social networks United States lawmakers on the House Financial Services Committee have demanded answers from the heads of the Securities and Exchange Commission (SEC) and Financial Industry Regulatory Authority […]
Coinbase political initiative features US lawmaker who admitted to ethics violations Rep. David Schweikert, featured as a lawmaker “very supportive” of crypto in the United States, paid $175,000 as part of a settlement related to violations of House ethics rules. News Join us on social networks United States-based cryptocurrency exchange Coinbase’s latest push advocating for crypto holders to “speak directly to lawmakers” featured a House of […]
Coinbase Exchange Launches Stand with Crypto Alliance, an Independent Pro-Crypto Advocacy Group Source: AdobeStock / prima91 Coinbase has announced the launch of a crypto advocacy group tasked with promoting the interests of the crypto community. Dubbed Stand with Crypto Alliance, the independent nonprofit organization aims to mobilize support for legislation that would create a regulatory framework for digital assets in the US. “I think a few politicians are seeing […]
Binance US Seeks Protective Order Against Renewed SEC Probe Source: GettyImages Binance US, the United States entity of digital asset exchange, Binance has filed a motion to limit the extent of discovery sought by the Securities and Exchange Commission (SEC) in its investigation against the company. The SEC filed a lawsuit against Binance US alleging improper registration, and commingling of user assets among others […]
SEC delays set deadline for Bitcoin ETF approval to early 2024 With a maximum 240-day window available to the SEC to delay crypto ETF applications, some firms could wait until March 2024 to hear decisions on filings made in July 2023. Follow up Join us on social networks The United States Securities and Exchange Commission (SEC) — the financial regulator with the final say over allowing […]
Coinshares CSO Meltem Demirors Says Crypto Has Increasing Political Power – Here's the Latest Image Credit: CoinShares CoinShares Chief Strategy Officer (CSO) Meltem Demirorsas believes crypto is gaining more and more power in Washington, becoming a political powerhouse. In a recent interview with Bloomberg, Demirorsas said crypto has evolved to become a global industry from a small niche community with different perspectives and dozens of projects with various goals. "As a result, we have […]
Singapore central bank releases regulatory framework for stablecoins The framework outlines requirements for stablecoin issuers to meet to be deemed as regulated by the Monetary Authority of Singapore. News Join us on social networks Singapore's central bank has released a revised regulatory framework aimed at ensuring stability for single-currency stablecoins regulated in the city-state. The Monetary Authority of Singapore announced the framework on […]
Superseding indictment against Sam Bankman-Fried includes using $100M for campaign contributions Sam Bankman-Fried allegedly used more than $100 million “in campaign contributions to Democrats and Republicans to seek to influence cryptocurrency regulation”. Breaking news Join us on social networks The United States Attorney’s Office has released a new superseding indictment against former FTX CEO Sam Bankman-Fried (SBF) which includes allegations of campaign finance law violations as […]
Sam Bankman-Fried will ‘return to his depression' without access to medication, say defense lawyers According to Sam Bankman-Fried’s legal team, he was “only able to bring a small supply” of ADHD medication and antidepressants to jail following the judge revoking his bail. News Join us on social networks The legal team defending Sam Bankman-Fried against criminal charges has requested a federal judge allow the former FTX CEO to have access […]
Digital Currency Group files motion to dismiss Gemini lawsuit, claiming it's a PR campaign Gemini’s complaint filed in July alleged DCG and Barry Silbert had made "false, misleading, and incomplete representations and omissions" related to Genesis and the Earn program. News Join us on social networks Venture capital firm Digital Currency Group (DCG) has filed a motion to dismiss a lawsuit brought by cryptocurrency exchange Gemini which alleged fraud […]
Today in Crypto: India's Central Bank Proposes AI-powered Conversational Payments System, India Wants to Utilize Crypto to Digitally Sign Documents, UK Recruiting For CBDC Academic Advisory Group Source: AdobeStock / Galyna Andrushko Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________ AI news The central Reserve Bank of India (RBI) published a press release that includes the idea of using artificial intelligence (AI) on conversational payments in the unified […]
Star Trek trademarks for NFTs: The final frontier CBS Studios applied to use the name "Star Trek Continuum" for nonfungible tokens and crypto collectibles. News Join us on social networks The United States Patent and Trademark Office (USPTO) has accepted CBS Studios’ application for the Star Trek name to be used in nonfungible tokens and crypto collectibles connected to its Continuum series. According […]
Binance becomes first fully-licensed crypto exchange in El Salvador Binance has secured approval as both a Bitcoin Services Provider and the first non-provisional Digital Assets Services Provider. The licenses allow the exchange to offer tailor-made crypto products and services in El Salvador, according to a press release. Binance has been granted two key licenses in El Salvador, becoming the first fully-licensed crypto exchange in […]
Today in Crypto: Binance Becomes First Fully Licensed Exchange in El Salvador, Coinbase Offers to Buy Back Up to $150 Million of Its $1 Billion Bonds, Bitstamp in Talks to Raise Fresh Funding, Brazilian CBDC Gets Its Official Name and Logo Source: AdobeStock / Rafael Henrique Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________ Exchange news Binance announced today that it has become the first fully licensed crypto exchange in El Salvador after being granted the Bitcoin Services Provider license (BSP) by […]
Today in Crypto: Kenyan Police Reportedly Raided Worldcoin Warehouse, US FBI Issues Warnings About NFT Scammers, Curve Finance Offers a $1.85 Million Bounty to Identify & Convict the Hacker
Coinbase Reports Significant Drop in Consumer Trading Volume Raising Concerns for Crypto Industry Source: Adobe / prima91 Coinbase has reported a significant drop in consumer trading volume, which has raised concerns for the crypto industry. On Thursday, the largest US-based cryptocurrency exchange released its second quarter earnings report, revealing that transaction volume for consumers and institutions has declined by 70% and 54%, respectively, compared to the same period last year. Coinbase […]
