Binance Russia buyer tightlipped on owners but denies CZ involvement
Binance’s buyer in Russia, CommEx, has been developing its platform for six months and has onboarded some ex-Binance employees, the firm said.Amid growing skepticism about CommEx — Binance’s myster...
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Hong Kong and Macau police seize over $2.8M related to JPEX fraud case
One suspect was arrested while trying to destroy potential evidence with paper shredders and bleach in the bathtub of an apartment.Authorities in Hong Kong and Macau have recently revealed arrests conne...
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Bitcoin shorts keep burning as BTC price seeks to hold $27K
Bitcoin stubbornly refuses to give up its latest gains as BTC price seeks to flip $27,000 to support into September’s last Wall Street open.Bitcoin (BT...
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Circle weighs in on SEC vs. Binance case, argues stablecoins are not securities
Circle noted that assets pegged to the U.S. dollar are not securities, partly because users are not expecting any profit from acquiring them.Circle, the company behind the USD Coin (...
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Gemini to halt operations in the Netherlands by mid-November
The company cites the inability to meet regulators’ requirements but says it intends to return to the Dutch market.New York-headquartered crypto exchange Gemini has decided to quit the Netherlands, fol...
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New US bill to require firms to report off-chain transactions to CFTC
The new legislation aims to protect crypto investors from disputes, manipulation or fraud potentially stemming from transactions occurring off-chain.A new bill in the United States aims to require crypto...
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NFT artist raises $140K for cancer support charity
The funds raised from the event will help 4,000 people impacted by cancer and locals who need immediate and vital support.A ...
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French police raid Nvidia offices amid antitrust investigation: Report
The action reportedly came as a part of a general inquiry of French antitrust authorities into the cloud computing sector.Nvidia, one of the global leaders in artificial intelligence (AI) chip production...
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Epic Games lays off 830 staff, citing ‘unrealistic’ metaverse ambitions
“Spending way more than we earn” — CEO Tim Sweeney blamed job cuts on major structural changes to the company’s economics.Epic Games, the company behind Fortnite, has slashed 16% of its workforce...
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How long could Sam Bankman-Fried go to jail for? Crypto lawyers weigh in
“I think he’ll get the maximum sentence” — one lawyer predicts the former FTX CEO could look at life behind bars if convicted of all seven charges.FTX founder Sam “SBF” Bankman-Fried, once d...
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SBF trial dates revealed: FTX founder to stand trial over 6 weeks
In a hearing, Assistant U.S. Attorney Danielle Kudla said the Department of Justice estimated the case could last four to five weeks.Former FTX CEO Sam “SBF” Bankman-Fried will spend at least 21 days...
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Enter the Ether: VanEck releases two ETF ads ahead of possible Monday launch
Once Ethereum futures ETF and spot Bitcoin ETF applications get approved, there will be a marketing war like we’ve never seen says, Bloomberg ETF analyst Eric Balchunas.Investment manager VanEck has fi...
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The Metaverse is real: Zuck’s ‘incredible’ photorealistic tech wows crypto Twitter
Often roasted for his metaverse tech demos, Zuckerberg appears to have blown away internet users with his latest avatar tech.While critics have been busy writing eulogies for Meta’s metaverse dream ove...
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China dev fined 3 yrs’ salary for VPN use, 10M e-CNY airdrop: Asia Express
Crypto industry concerns after Chinese dev fined 3 years’ salary for using a VPN, largest Ponzi in Hong Kong history, JPEX saga, and more.Our weekly roundup of news from East Asia curates the industrys most important developments....
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SEC delays spot Bitcoin ETF decision for BlackRock, Invesco and Bitwise
Invesco, Bitwise and Valkyrie were also hit with delays by the U.S. Securities and Exchange Commission.The United States Securities and Exchange Commission has delayed its decision on several proposals f...
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Exchanges federation touts crypto trading regulation, integration with TradFi
The World Federation of Exchanges, whose members handled $140 trillion in trades in 2022, has some concerns as its members adopt DLT.The World Federation of Exchanges (WFE) sees the potential for crypto-...
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3 reasons why Bitcoin miners are selling BTC — and why it’s not capitulation
Crypto market analysts tend to interpret Bitcoin miners selling their rewards as bearish, but miners countered this logic at the recent Bitmain WDMS conference.Crypto analysts, traders and anonymous infl...
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Valkyrie will offer exposure to Ether futures as SEC delays spot Bitcoin ETF
Some analysts have speculated the SEC will announce decisions or delays on crypto exchange-traded funds before Sept. 30 in anticipation of a U.S. government shutdown.Asset management firm Valkyrie will b...
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DAOs need to learn from Burning Man for mainstream adoption
DAOs should learn from Burning Man’s example for simplifying their missions and governance structures while keeping community members engaged.As they exist today, ...
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Ripple pulls back from Fortress acquisition 20 days after announcement
Ripple CEO Brad Garlinghouse shared the news on X, saying it will remain an investor in Fortress Trust.Within 20 days of announcing the acquisition of Fortress Trust to allegedly expand its pool of licen...
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Why is Bitcoin price up today?
Bitcoin price is up today as US equities markets show strength and a BTC metric reflects investors’ long-term bullish sentiment.Bitcoin (BTC) price...
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PayPal applies for NFT marketplace patent for on- or off-chain asset trading
PayPal’s proposed NFT purchase and transfer system would handle fractionalization, DAOs and royalties through a third-party provider.PayPal made major progress toward creating its own blockchain ecosys...
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Google and Goldman Sachs-backed AI firm AlphaSense raises $150M at $2.5B valuation
AlphaSense’s client list now includes most of the S&P 500 and nearly every firm listed in the Dow 50.AlphaSense, a business-to-business artificial intelligence (AI) platform specializing in business in...
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Here’s what happened in crypto today
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.The United States Securities and...
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Buenos Aires to issue blockchain-based digital ID
The first documents available on-chain in Buenos Aires will include birth and marriage certificates, along with proof of income and academic verification.Buenos Aires, the capital of Argentina, is makin...
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Median Web3 developer salary stands at $128K in 2023
In a recent Pantera survey, less than 2% of respondents said they worked full time in an office setting, with the rest working at least partially remotely.A typical Web3 developer has a median salary of ...
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TradFi: 11 things to do when considering adding digital assets
Digital assets can present expansive and valuable opportunities for a TradFi institution that’s prepared to lay the necessary foundation.As digital asset options continue to gain attention and acceptan...
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Bitcoin to $27K next? 1-week BTC price highs precede speech by Fed’s Powell
Bitcoin clinches a BTC price boost as the latest U.S. macro data flows in, with all eyes on Powell next.Bitcoin (BTC) hit new weekly highs after the ...
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Judge denies final pretrial request from Sam Bankman-Fried for temporary release
The federal judge overseeing Sam Bankman-Fried’s fraud case reportedly suggested the former FTX CEO might be a flight risk, given his young age and potential prison time.Former FTX CEO ...
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Bitcoin lender Ledn to roll out ETH, USDT interest accounts
Spurred on by user requests, Bitcoin lending firm Ledn is rolling out an Ethereum yield product.Despite its roots embedded in Bitcoin (BTC) lending,...
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