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Sam Altman’s ousting followed warnings of a dangerous AI breakthrough: Reuters
Anonymous sources claim that Altman’s firing was sparked by concerns of a powerful development in Artificial General Intelligence (AGI).
Who is Richard Teng, Binance’s new CEO?
A deal with the DOJ bars CZ from holding an executive position at Binance. He will be replaced by Richard Teng, an experienced regulatory maestro.
Friend.tech exit concerns: trading volume surges amidst falling TVL and stagnant user base
Friend.tech saw over $10M in trading volume over the weekend, but a surge in withdrawals and lack of user growth may warrant caution.
Sam Altman is ousted from OpenAI; Worldcoin (WLD) price reacts
Worldcoin, Sam Altman’s retina-scanning crypto ID project, had a wild ride over the weekend after Altman was fired as CEO of OpenAI.
BlackRock’s Form S-1 filing: what we know about the spot Ethereum ETF so far
BlackRock, the world’s largest asset manager, has officially filed a Form S-1 with the SEC, seeking approval to launch an ETF that invests in Ethereum.
XRP reverses gains after BlackRock ETF rumours are hosed down
BlackRock has not filed for a spot XRP ETF, two senior Bloomberg analysts confirmed. Some “whacko” must have made the filing using BlackRock’s executive name, one said.
Crypto.com granted full digital asset license in Dubai
The coveted VASP license lets Crypto.com offer a range of services, including exchange, investment, lending and borrowing, broker-dealer and more, pending operational approval.
NFT resurgence: CryptoPunks floor price rebounds to 60 ETH
Following a long crypto winter, the NFT market is regaining traction, and CryptoPunks is faring particularly well.
US “negative” credit outlook threatens Bitcoin ETF approvals
Moody’s downgraded the US credit rating outlook from ‘stable’ to ‘negative’ on Friday, threatening the bullish momentum of the crypto market.
JPMorgan debuts blockchain-powered programmable payments feature
The system uses blockchain technology to let companies automate cash movements near-instantaneously, outside of traditional working hours.
Ether soars 10% as Nasdaq confirms BlackRock spot Ethereum ETF plans
Ether has witnessed substantial gains over the past 24 hours following confirmation that BlackRock has applied for a spot Ethereum ETF on Nasdaq.
FTT token rockets 80% following Gensler’s FTX reboot comments
SEC Chair Gary Gensler suggested that he’s open to an FTX reboot, as long as it operates “within the law”.
Standard Chartered’s SC Ventures to invest $100M in crypto startups
Standard Chartered’s investment arm has teamed up with SBI Holdings to invest $100 million in crypto startups, covering seed to Series C funding rounds.
Bitcoin eyes $37K as SEC decision window opens for all 12 ETF applications
Bitcoin has gone from strength to strength this year as analysts predict a 90% chance of spot ETF approval by January.
Circle is considering an IPO by 2024: Bloomberg
Circle, the company behind USDC, is reportedly in talks to launch an IPO in early 2024, after its first attempt fell through in 2022.
Binance launches first ever self-custodial, in-app Web3 wallet
The self-custodial wallet is designed to be user-friendly as possible, plugging the gaps between centralised and decentralised systems.
What is ORDI, and why is it surging right now?
ORDI is a new cryptocurrency that works on the Ordinals Protocol. Binance announced today that it will list the BRC-20 token, sending the price soaring.
“Are we back?”: NFT sales surge, Ethereum leads the way
2023 has been difficult, but a 5-week increase in NFT sales volume suggests that the worst of the crypto winter is now over with.
GROK token hits $10 million market cap within days of launch
More than 400 GROK tokens hit the market over the weekend, inspired by Elon Musk’s new AI chatbot, Grok.
Germany’s third largest bank launches new crypto platform
DZ Bank, one of Germany’s largest banks, has launched a new blockchain-based digital assets platform. It will cater to both institutional clients and private customers.
Guilty: Sam Bankman-Fried convicted on all 7 criminal fraud counts
Manhattan US attorney Damian Williams said, “While the cryptocurrency industry might be new […] this kind of corruption is as old as time,”
Major Swiss bank to offer Bitcoin and Ether trading and custody services
St.Galler Kantonalbank has launched a new Bitcoin and Ether service for select customers, bridging the gap between traditional banking and crypto.
The real reason Solana is surging this week
Solana, often dubbed the ‘Ethereum Killer’, has soared 30% in a few days, coinciding with the launch of its new validator client, Firedancer.
$324M USDT money laundering operation busted in Taiwan
During the raid, authorities seized 3 AP watches, a Lamborghini and ketamine from a group of investment fraudsters in Taiwan.
XRP Healthcare expands to Dubai, partners with Burnratty Investment Group for IPO
XRP Healthcare, the first healthcare company on the XRP Ledger, said that Dubai is “more favourable and progressive” than jurisdictions such as the UK.
UNIBOT token sinks 20% following $630K protocol exploit
The Unibot protocol has been drained by $630,000, but the company plans to reimburse any losses due to the bug.
The 3 most profitable crypto trading bots: 2023
Unlike humans, crypto trading bots don’t need to sleep, and they aren’t driven by panic. Let’s take a look at the most profitable bots on Ethereum.
Thailand’s KBank acquires Satang crypto exchange for $102.8 million
Kasikorn Bank, the second largest in Thailand, aims to capture 20% of the cryptocurrency market share in Thailand by 2024.
DEX spot trading volume dropped 31% in Q3: CoinGecko
A new CoinGecko report shows that spot trading volume on DEXs dipped by nearly one third throughout Q3. THORChain however managed to gain 113%, but not for reasons you’d expect.
Sam Bankman-Fried gives first testimony; wobbles under cross-examination
In a rare move, Judge Lewis Kaplan dismissed the jury before the FTX founder took the stand to assess what statements will be admissible.
UK Parliament passes bill giving police more power to seize crypto without arrest
The new bill aims to “drive dirty money out of the UK” and brings wider reforms to combat fraud and money laundering.
Mastercard pushes further into crypto with new MoonPay partnership
Mastercard will take advantage of crypto firm MoonPay’s “entire Web3 portfolio”, from auth to minting to ETHPass, MoonPay’s President said.
No, Hamas isn’t crowdfunding through crypto: Elliptic
Elliptic said there is “no evidence” to support the Wall Street Journal’s claim that Hamas raised $130 million in crypto.
Bitcoin mining stocks continue to outpace BTC with triple-digit gains
Bitcoin may be rallying, but Bitcoin mining stocks have flown this year, producing an average yield of 149%.
Confusion shrouds BlackRock ETF after ticker disappears from DTCC site, reappearing hours later
BlackRock’s proposed Bitcoin ETF ($IBTC) mysteriously disappeared from the DTCC site, only to reappear hours later. The DTCC site also crashed.
FTX may get a second chance at life following bidders’ proposals
Cofsky noted that there are currently 3 options for the exchange: the exchange is sold; a reorganisation in partnership with an outside partner; or FTX relaunches on its own. FTX…
Cathie Wood’s Ark Invest offloads $5.8M in GBTC and Coinbase shares
As Bitcoin rallied to $35K, Ark Invest moved to cash out on some Bitcoin-related funds, such as GBTC and COIN.
What’s behind the Bitcoin pump? 3 key factors, explained
Bitcoin touched $35K last night, marking a new yearly high. BlackRock, Grayscale and short liquidations all play a part in the surge.
Bitcoin surges past $32k, a 52-week high since July
The sustained buying is driven by unconfirmed news flying around that BlackRock's application may be granted any time soon. Bitcoin started the week on a high note following a slew…
Court orders SEC to review Grayscale’s spot Bitcoin ETF bid
The court's mandate follows the initial ruling on August 29 when the court told the SEC that the rejection of Grayscale's spot Bitcoin ETF application was arbitrary. The US Court…
Anti-CBDC whip Tom Emmer enters bid for House Speaker
Majority Whip Tom Emmer (R-Minn.) has said that cryptocurrency presents a “tremendous opportunity” to the US, and is a vocal opponent of CBDCs.
Bitcoin eyes $31K amidst short squeeze, will it push past key resistance?
Bitcoin is close to its yearly high, but some investors have warned traders to be “cautious” until the resistance level is broken.
XRP surges following SEC charge dismissal; other altcoins follow suit
XRP has gained 7% since yesterday – the largest daily jump in 3 months – after the SEC dismissed charges against two key Ripple executives.
Binance bounces back in Europe with new fiat partners
Following a recent debank, Binance has secured new fiat partners in Europe as it promises to “increase the freedom of money” around the world.
SEC ‘surrenders’ and asks court to dismiss charges against Ripple executives 
Chris Larsen called the suit an "ill-advised attack that was flawed from the day it was filed." The US Securities and Exchange Commission (SEC) asked the court on Thursday to…
General counsel Can Sun sheds more light on FTX’s friction over custody of customer funds
The FTX legal officer told the jury on Thursday that he did not authorise the contentious transfer of customer funds to Alameda Research, FTX sister company. Can Sun, former general…
3 key signs the crypto winter might be ending: Morgan Stanley
“Signs indicate that crypto winter may be in the past and that crypto spring is likely on the horizon,” said a Morgan Stanley analyst.
Standard Chartered to launch new crypto custody service in Dubai within months
With its new crypto custody service, UK-based bank Standard Chartered is an early mover in the institutional adoption of cryptocurrency.
Fidelity revises spot Bitcoin ETF bid
It also addresses investors' growing appetite for varied and innovative investment solutions.  Fidelity investments has resubmitted its application to the US Securities and Exchange Commission (SEC) for the grant of…
FTX only had closer to a quarter of expected $20B on its balance sheets, reveals expert witness
“There’s much less money in the crypto wallets than there should have been,” he said. An expert witness in the ongoing FTX and Sam Bankman-Fried case made an intriguing…
Bitcoin may sink 50% before next halving: Analyst
Bitcoin often experiences increased volatility in the lead up to the halving, but drying liquidity is also a concern.
Platypus Finance recovers stolen funds, says it won’t be instituting legal action
Since the attack, Platypus has halted withdrawals and deposits on all liquidity pools while it conducted a security audit.  Platypus Finance, a DeFi protocol operating on the Avalanche Blockchain announced…
Nishad Singh: SBF planned to give $100M to League of Legends creator, admits that A-list deals were beneficial
After the FTX exchange collapsed, Riot Games tried to get out of the deal late last year. Former FTX engineer Nishad Singh has testified on Tuesday that SBF agreed to…
SBF rolled with A-list celebrities, former FTX engineer confirms that crimes were committed
The jury in the Sam Bankman-Fried's jury today was shown an image with singer Katy Perry, and Orlando Bloom at the 2022 NFL Super Bowl. Sam "SBF" Bankman-Fried spent billions…
Major crypto firms ask for more time to implement new EU rules
Major fintech players including PayPal and Revolut have written to the EU regulators to give them more time to implement the new regulatory regime. The Electronic Money Association, which has…
US government revealed to be one of the largest Bitcoin whales
The US government may be averse to crypto, but it holds a huge stash of Bitcoin worth more than $5 billion, data shows.
Sam Bankman-Fried may testify, but he needs more Adderall
Bankman-Fried’s lawyers said that he needs 20mg of long-release Adderall, an ADHD medication, in order to “meaningfully participate” in his trial.
BTC reverses losses as traders bet on Grayscale spot ETF approval
The US Securities and Exchange Commission (SEC) did not appeal the recent Grayscale Bitcoin ETF decision, renewing investor optimism.
US CPI in September remains high, similar to August increase. Rate hike next?
Core CPI, which doesn't include energy and food prices, rose to 4.1% on a 12-month basis, hitting economists estimates. Headline inflation jumped 0.6% in August. Consumer Price Index (CPI) stayed…
Mastercard demonstrates new ‘wrapped’ CBDC capability with Ethereum NFT purchase
Payment giant Mastercard has made further inroads into the world of CBDCs by demonstrating interoperability capabilities with multiple blockchains.
NFTs in sports: UK MPs warn against fan tokens in football
The committee concluded that any measure of fan engagement in sports should not include the use of fan tokens. NFTs in sports have taken shape mostly in the form of…
September CPI data drops today. What to expect?
The anticipated US CPI will be released today by the Bureau of Labour Statistics (LBS) at 12:30 GMT. US Consumer Price Index (CPI) drops on Thursday. Investors are growing uncertain…
Trezor launches three new hardware products, including Bitcoin-only wallet
Czech hardware wallet maker Trezor has released three new entry-level products as demand for self-custody grows.
Ether to reach $8K by 2026 as real-world utilities expand: Standard Chartered
Ethereum could see $8K by 2026 and $4K by the end of next year, as real-world capabilities expand demand for the crypto.
Caroline Ellison kept a list of things that SBF was freaking out about, it included buying Snapchat
In her new testimony on Wednesday, Ellison exposed a web of deception surrounding the existence of the now defunct FTX crypto exchange. Caroline Ellison testimony continued today, the sixth day…
Bitcoin Lightning transactions have surged by 1212%: River
The impressive growth of the Lightning Network comes in spite of a 44% Bitcoin price drop and a 45% decrease in search interest.
Bitfinex offers customers $150M buyback to tighten control over the company
The proposal was made to victims of the 2016 Bitfinex hack which is considered one of the most important in the history of crypto. Bitfinex suffered a huge hack that…
Sam Bankman-Fried’s lawyers submit letters to court to bring up client’s investment in AI
The Tokenised Collateral Network (TCN) is a game changer in the world of blockchain-based financial transactions, improving efficiency, security and liquidity.
JPMorgan debuts tokenisation platform; BlackRock and Barclays involved in first transaction
The Tokenised Collateral Network (TCN) is a game changer in the world of blockchain-based financial transactions, improving efficiency, security and liquidity.
MPs press UK government to protect NFT creators and consumers
The CMS Committee has urged government to implement a code of conduct to protect NFT creators, intellectual property and sport fan token holders.
Binance executives may get indicted in Brazil
The committee may only make suggestions on the indictments of the executives, while the Brazilian police will decide on how to move forward. Binance executives may get indicted by Brazilian…
FCA issues 146 crypto alerts in first 24 hours of new regime
Tough new regime on crypto firms as the new FCA rules regarding marketing cryptoasset products come into force. The Financial Conduct Authority (FCA), the financial regulatory body in the UK,…
Caroline Ellison takes the stand: SBF told me to commit crimes, I sent fake balance sheets
Caroline Ellison had met SBF at their former job at Jane Street Capital, where SBF had convinced her to leave and join his new crypto firm. Caroline Ellison, Former girlfriend…
Binance roadblocked in UK after FCA adds partner to ‘Warning List’
The UK Financial Conduct Authority has issued 146 alerts in first 24 hours of its new crypto marketing regime, including Binance’s new marketing approval partner.
Investors turn to Bitcoin as dominance climbs above 51%; altcoins suffer
Bitcoin’s market dominance has reached a three-month high amidst a period of reduced volatility.
$1.6M CrypToadz NFT transaction sparks speculation: wash trade or error?
Some thought the transaction was a “fat finger” error, but links to Tornado Cash might suggest otherwise.
Bitcoin this week: events to watch
Bitcoin has enjoyed steady growth in trading volume as anticipation of the US Securities and Exchange Commission (SEC) granting the Exchange-Traded Funds (ETF) on its table grows. Bitcoin volume grows…
The UK is getting ready to “scale up” on crypto, says MP
We caught up with Dr. Lisa Cameron MP, Chair of the Crypto and Digital Assets APPG and Westminster’s most vocal crypto proponent.
Crypto volatility reached a new low in the 3rd quarter
Report from Kaiko's Quarterly Market Report shows that digital assets are either experiencing dampened activity or they've reached maturity. The crypto market has slowly paused its violent volatility as the…
Binance launches new domain for UK users to comply with FCA
The new domain directs users to a range of Binance products, such as spot and margin trading, but educational material and gift cards are not allowed.
Gary Wang: I thought I would be charged, I told prosecutors I wanted to cooperate
"I thought I was likely to be charged and I wanted to get a shorter prison sentence," Wang said. Former FTX Chief of technology Gary Wang took 6 days following…
BAYC creator Yuga Labs announces layoff, CEO says firm is refocusing on core strength
CEO Daniel Alegre announced the layoff to the labs' staff via a company memo. Yuga labs, the firm behind the blue chip Bored Ape Yacht Club NFTs and CryptoPunks has…
FTX CTO testifies, admits to committing financial crimes with Sam Bankman-Fried
“Mr. Wang, could you slow down?” Judge Lewis Kaplan told him. FTX Chief Technology Officer and Sam Bankman-Fried's college roommate Zixiao Gary Wang took the stand on Thursday to narrate…
Hardware wallet maker Ledger slash staff by 12% 
The company sent a letter to all employees, and reshared the announcement of the planned downsizing on its blog. Ledger, a wallet hardware maker for crypto investors, announced on Thursday…
Alameda enjoyed backdoor access into FTX, employee who discovered hole was fired 
The group of employees at FTX US stumbled across a backdoor that allowed FTX affiliate Alameda Research to have a $65B negative balance. It's the third day of the…
South Korea to launch test CBDC project
According to the announcement, the pilot programme for its CBDC project will explore the infrastructural requirements for blockchain transactions. South Korea has announced that it will begin testing its Central…
SEC can’t appeal Ripple decision, says District Judge 
The SEC had requested permission to appeal the findings on sale on public exchanges (programmatic) and other distributions of XRP as a means of payments.  The Securities and Exchange Commission…
Opening Arguments: SBF lied to the world, his girlfriend was his Bonnie
Nathan Rehn, an assistant US attorney said that Sam Bankman-Fried was a manipulative and calculated criminal who built a house of cards. Sam "SBF" Bankman-Fried trial is underway. The parties…
US DOJ: Lack of crypto laws doesn’t affect the validity of charges against SBF
SBF's lawyers had argued that their client isn't guilty because there were no regulations in the US, and SBF followed the rules concerning FTX US.  In a new filing, the…
Alex Mashinsky trial set for September next year
Pending the start of trial, Alex Mashinsky will remain on his $40M bail, with his travel and financial transactions restricted. Former CEO of Celsius Alex Mashinsky criminal trial is set…
Chainalysis cuts off 15% of workforce, cite market conditions
The firm noted that the firm has been experiencing a decrease in demand for Chainalysis' products as trade revenue took a downturn and reduced activity on the blockchain. Chainalysis, a…
FTX founder trial starts today, lawyers move to block witness testimony
Trial of FTX founder Sam Bankman-Fried starts today. Wednesday is jury selection. And the trial shall begin in earnest. Trial of FTX founder Sam Bankman-Fried starts today. Wednesday is jury…
Ether futures ETFs have a “pretty meh” first day of trading
Hotly-anticipated Ether futures ETFs had a fairly lukewarm debut, according to a senior analyst at Bloomberg.
Moving day for ETFs as Bitwise, Proshares and VanEck launch Ethereum Futures ETF
Bitwise noted that AETH is regulated CME Ether futures directed at contracts, while BTOP will provide equal exposure to regulated CME Bitcoin Futures and CME Ether futures. The Exchange traded…
SBF wanted to pay off Trump to kill political ambition, says author
SBF's team also found a way to create a backdoor communication with Trump's team, where Trump revealed that it would cost him $5B to abandon his Presidential ambition. Sam "SBF"…
Grayscale files to convert Ethereum Trust to spot Ether ETF
Grayscale’s Ethereum Trust is the largest Ethereum investment vehicle in the world, representing 2.5% of all Ether in circulation.
SOL picks up bullish momentum with 26% gains: why?
Investors are bullish on Solana following the network’s recent Visa and Shopify partnerships. FTX, which holds $1.16B in SOL, also plays a part.
Bitcoin starts October with a 5% surge — Happy Uptober?
It was not a lazy Sunday when the price of BTC jumped more than 3% with further surge continuing Monday morning. Bitcoin price climbed 5% with the start of a…
Coinbase obtains full licence in Singapore, a “vital market” for the exchange
Singapore is a “priority market” for Coinbase as the exchange expands its global operations – particularly in light of SEC hostility.
Bitcoin closes September with no love—first quarterly loss this year
Bitcoin price has seen a close to stagnant action in the past few days. The price of the benchmark crypto has hovered around the $26,000 mark. As September comes to…
SBF trial starts on October 3. Here’s what you should know
If convicted, the once hailed crypto genius and founder of the now defunct $40B crypto empire could face a substantially long time in prison. Former FTX CEO Sam "SBF" Bankman-Fried…
Stablecoin issuer Circle intervenes in SEC v. Binance case, maintains stablecoins aren’t securities
Circle's interest leans on the matter of classification of Binance-backed BUSD stablecoin as a security. Stablecoin issuer Circle has stepped into the US Securities and Exchange Commission (SEC) case against…
Tezos NFTs are coming to the Musée d’Orsay in upcoming Van Gogh exhibition
The Musée d’Orsay is home to masterpieces from Van Gogh, Monet, Cézanne and more. The partnership hopes to bring a new audience to the museum.
Approved: Valkyrie to add Ether futures to existing Bitcoin futures ETF
Valkyrie’s Bitcoin Strategy ETF (Nasdaq: $BTF) is officially the first US ETF to provide exposure to both Ether and Bitcoin futures contracts.
Sam Bankman-Fried denied release from jail yet again
The judge wasn't convinced that SBF wasn't a flight risk considering the direction of his trial. FTX founder Sam Bankman-Fried plea for pretrial release has again been denied again. The…
SEC Chair Gary Gensler testimony before Congress shows that regulator may not be ready to grant ETF applications
Gensler was criticized by Congressman Tom Emmer, who said that his regulation strategy favored major financial firms and was detrimental to innovation. SEC Chair Gary Gensler was at a congressional…
Bitcoin mining firms may be more profitable than Bitcoin itself in 2024: Matrixport
2023 has been a fairly good year for Bitcoin, but it’s been a stellar one for publicly listed crypto mining firms such as Riot, Core Scientific and HIVE Digital.
CBDC: Three Central Banks test pilot CBDC project for cross border payments
In a new pilot project, the central banks of France, Singapore, and Switzerland are collaborating in a joint test of their CBDCs and DeFi protocols. Central Bank Digital Currencies (CBDC)…
Binance debanked in Europe in “sudden and inexplicable” decision from Paysafe
Binance has advised users to convert their Euros to USDT, or to withdraw into their bank accounts, before October 31.
Ether futures ETFs may trade early as next week, Bloomberg analyst claims
The SEC is reportedly accelerating Ether futures ETFs applications before a potential government shutdown.
SEC pushes verdict on ETF to 2024 as pressure from lawmakers mount
The SEC said that it will be taking its time to examine the proposal to guarantee a comprehensive review. The US Securities and Exchange Commission (SEC) has said that it…
Binance to exit Russia. Development linked to investigations by US authorities 
World's largest crypto exchange Binance has announced on Wednesday that it will be leaving the Russian market.  Binance has announced that it would be exiting Russia and selling off its…
Mixin update: DeFi protocol offers $20M bounty reward on stolen funds
Mixin wrote in an on-chain message, flagged by Blockchain security firm PeckShield, that it was offering a $20M "bug bounty reward" for the return of its users' funds. Mixin Network,…
3 key metrics that show NFTs are still the future
Profits may be down, but adoption isn’t slowing. Let’s take a closer look at the numbers.
12 years in jail for AirBit Club co-founder
Pablo Renato Rodriguez defrauded investors of $100 million by leading them to believe they were investing in Bitcoin mining and trading operations.
SBF lawyers request for temporary release from jail again
In a Monday filing, defence attorneys Mark S. Cohen and Christian R. Everdell wrote to Judge Lewis Kaplan to request for his temporary release from jail in order to prepare…
Bitboy Ben Armstrong jailed following failed livestream of him confronting former business partner
Bitboy had recently been ousted from Hit Network amid alleged controversies of promotion of meme coins, substance abuse, assault, and misappropriation of funds. Popular crypto influencer Ben Armstrong (AKA Bitboy)…
Chase Bank to block crypto-linked payments for UK customers from October
Chase Bank UK has notified its customers of plans to halt crypto payments for its British customers from October 16. Chase, the US banking giant, has announced that from October…
“More stablecoins coming”: Binance Japan teams up with MUFJ for stablecoin development
Binance Japan is collaborating with Japan’s largest banking group to develop more fiat-pegged stablecoins, boosting fiat liquidity.
NASA will use blockchain to prove the next moon landings are real
NASA is collaborating with Lonestar and the Isle of Man to use blockchain to secure lunar-based data storage.
Did Microsoft have crypto plans? FTC v. Microsoft leaked documents says yes
Verge, who reported that Xbox chief Phil Spencer emailed Microsoft employees about the massive Xbox leak, called the leak "one of the biggest Xbox leaks in history." Tech giant Microsoft…
Bitcoin trades sideways, macroeconomic factors may push price lower
The price of Bitcoin has fallen about 0.08% in the last 24 hours. It was exchanging hands at $26,229 at press time. Bitcoin has continued to trade sideways as the…
Mixin network hacked, DeFi protocol loses almost $200M
The team said they had engaged Google and Blockchain security firm SlowMist to help them investigate the incident. SlowMist has confirmed the report. Mixin network, a DeFi protocol which aims…
MicroStrategy buys another 5,445 BTC, bringing total holdings to $4.68B
The software company remains bullish on Bitcoin, adding another $150 million in Bitcoin to its holdings since August.
Coinbase secures coveted registration with Bank of Spain
The registration is a key milestone in Coinbase’s global expansion plans, particularly in light of SEC hostility.
Bybit to exit UK ahead of new FCA crypto regulations
Crypto exchange Bybit is exiting the UK ahead of the implementation of new advertisement and marketing rules. Crypto exchange Bybit is exiting the UK ahead of the implementation of new…
FTX sues Hong Kong affiliate on allegation that it defrauded the company before bankruptcy filing
The suit against the employees alleges that they fraudulently transferred the company's assets in the month leading up to FTX's bankruptcy filing. Bankrupt crypto exchange FTX has filed a lawsuit…
NFT whales: What’s in their portfolio?
To hold or to flip? Let’s take a look at the portfolios and trading habits of the biggest NFT whales to see where value truly comes from.
CBDC Anti-Surveillance Bill approved by House Committee
The legislation seeks to prevent the issuance of a digital dollar, but Democrats have slammed the bill as “deeply anti-innovation”.
Theta patents Edge computing technology run by smart contract
The patent, numbered 11,763,332, creates the foundation for processing generalised computing tasks via Theta's Edge network. Theta Labs has been awarded a new patent by the US Patent Office. The…
Study: NFT market closes in on the end of collectible jpegs, 95% have zero value
dappGambl revealed that it analysed 73,257 NFT collections and identified some key trends common to most collections. A new study on the NFT market has noted that the once booming…
Bank of England holds interest rates at 5.25%
The pause comes after 14 consecutive rate hikes and follows yesterday’s lower-than-expected inflation figures.
CoinScan raises $6.3M in bid to prevent scams, hacks and exploits
The investment round is backed by DraftKings’ biggest shareholder, billionaire Shalom MecKenzie. It offers a range of comprehensive safety features for traders.
Phishing scam sees $4.5M in USDT sent to scammer
The scam was far more elaborate than simply clicking the wrong link. USDT approval mining scams require months, or even years of deception.
Jerome Powell: FOMC hold rates, but one more hike is expected this year
The Federal Reserve decided to hold rates at its meeting on Wednesday. Fed Chair Jerome Powell announced the decision of the Federal Reserve to hold rates steady following the Federal…
Grayscale submits second application for ETH futures ETF
The ETF is filed under the same law commodities and spot Bitcoin ETFs are filed, the Securities Act of 1933.  Grayscale has submitted a new Exchange Traded Fund (ETF) to…
Balancer is under attack again; $240K siphoned out
The attack comes one month after a major exploit that saw up to $2.1M lost. Users are warned to avoid interacting with the Balancer UI for now.
Stanford University will return $5.5M cash “gift” from FTX
Sam Bankman-Fried’s parents are both professors of law at Stanford. FTX has sued them to recover millions in misappropriated funds.
UK inflation unexpectedly drops to 6.7%
UK inflation eased up slightly in August, potentially easing pressure on the Bank of England to raise interest rates.
UK bill to allow police to seize crypto faster enters final stages
The bill was first introduced in September 2022, and it's now in the final stages of approval. A new UK bill targeted at illegal crypto seeks to allow local authorities…
FOMC Meeting begins today. Here’s a preview
Fed Chair Jerome Powell watched inflation surge to a staggering 9.1%, a 40-year high, before hiking rates to the highest in 28 years. The US Federal Open Market Committee (FOMC)…
FTX sues SBF’s parents to recover millions in “misappropriated” funds
Stanford law professors Joe Bankman and Barbara Fried allegedly used their expertise as legal scholars to access tens of millions in FTX funds.
Court denies SEC immediate access to Binance.US software
The SEC has faced a setback after a federal magistrate rejected its request for immediate access to Binance.US software.
Bitcoin: good Monday for pioneer crypto as open interest explodes
The price soared to an intraday high of $27,414 before retracing. Bitcoin in September hasn't always been good news. But the benchmark cryptocurrency broke the $27,000 mark today in a…
Lazarus Group beefs up attacks, new report claims group is responsible for $240M stolen in 104 days
All in all, Elliptic estimates that Lazarus Group is responsible for theft totalling $240M in the past 104 days alone. North Korean hacker group Lazarus has continued to ramp up…
Mark Cuban loses nearly $1M in phishing scam
The billionaire investor believes he downloaded a malicious version of MetaMask, resulting in losses of nearly $1M across 10 different cryptocurrencies.
Sam Bankman-Fried wrote unpublished tweets worth 250 pages and shared it with crypto influencer
According to the material he shared, SBF wrote long pages of ramblings and thoughts about his childhood memories and his role in the collapse of FTX. Sam Bankman-Fried, otherwise known…
SEC says Binance has refused to cooperate in latest court filing on violation of securities law
The probe is tied to Binance's staking, clearing, and brokerage services which the SEC alleged violates the Securities law. The Securities and Exchange Commission (SEC) has accused Binance.US of not…
Bitcoin miner returns $500K to Paxos, sparking divided community response
Users on X voted for the funds to be distributed among other miners, but the miner responsible opted to return the funds to Paxos.
Opinion: The SEC’s action against Stoner Cats is a new low, even for Gensler
The SEC’s charge against Stoner Cats is arbitrary and actively hostile toward Web3 creators who rely on alternative methods of funding.
Genesis to exodus: bankrupt crypto lender winds down
The firm which owes creditors $3.4B reached an agreement in principle towards a restructuring plan. Just a day after Genesis, the bankrupt crypto lending firm filed that it expects to…
Bitcoin gains slightly as general crypto volatility slows down
Bitcoin is eyeing the support level of $27,000, but making a play to leave the Grayscale dump between the range of $25,000 to $26,000. Bitcoin held steady following news that…
CPI rose by almost four percent in August but it wasn’t all that bad
Used cars, furniture, and core prices decelerated, slowing down from July's 4.7% to 4.3%. Consumer Price Index (CPI) data revealed that prices surged for the second straight month, marking an…
Paxos confirms it mistakenly paid $512K on $2K Bitcoin transaction, here’s how that happened
Many pointed fingers at PayPal, but the overspender was Paxos. The company is now working with the miner to recoup the funds.
Approved: FTX will start selling billions in Bitcoin, Solana and Ethereum following court approval
A judge has approved FTX’s request to start selling $3.4 billion in cryptocurrencies as it moves forward with bankruptcy proceedings.
FTX $3.4B liquidation: liquidators seek to assuage concerns raised by US Trustee
The Trustee insisted that FTX must publicly announce any intention to sell off its substantial assets. FTX liquidation plan will involve the sale of certain digital assets owned by the…
CPI Data report drops today. What to expect? 
The August inflation report will be one of the final reports the Federal Reserve Policy-Making Committee (FOMC) will consider at their meeting on September 19-20. Consumer Price Index (CPI) data…
Anti-CBDC bill reintroduced to Congress as GOP Whip defends right to financial privacy
Rep. Tom Emmer described a CBDC as “government-controlled programmable money” that could give the government the ability to surveil transactions and “choke out” politically unpopular activity.
OneCoin co-founder Karl Greenwood to serve 20 years in prison for $4bn Ponzi
Greenwood faces 20 years behind bars for masterminding the notorious OneCoin Ponzi scheme, but the FBI are still looking for his co-conspirator.
Banking giant HSBC is working with crypto custody firm Fireblocks
Fireblocks is an ‘all-in-one’ digital asset platform which has already secured over $4 trillion in transactions.
Binance.US cuts a third of staff as CEO Brian Shroder leaves
Downsizing gives the platform “more than seven years” of financial runway as the company faces operational challenges on US soil.
Franklin Templeton enters ETF race
The terms of Franklin Templeton's spot bitcoin ETF application are similar to those of recent applications from other traditional finance firms. Asset manager Franklin Templeton with $1.5T in assets, has…
Gary Gensler at the Capitol: In 44 years, I have never seen misconduct as rife as in crypto
He said that the regulator has only grown 3% larger in terms of staff count in the last seven years. Gary Gensler appearance before the Senate Committee on Banking, Housing,…
Binance to donate $3M in BNB to users impacted by Morocco earthquake
Binance Charity will donate $100 each to verified users impacted by the Morocco earthquake as the death toll nears 3000.
PayPal launches new USD off-ramps for Web3 payments
PayPal makes further inroads into Web3 with a new off-ramp that lets users convert cryptocurrencies into USD.
SEC chair Gary Gensler doubles down on digital asset rules, maintains that cryptos are securities
The chief regulator will argue that many cryptocurrencies are within the agency's jurisdiction. SEC Chair Gary Gensler will appear before the Senate Banking Committee on Tuesday to propose, with unwavering…
Au revoir, Polygon: Binance NFT to end support for Polygon on its NFT marketplace
Binance is removing support for the Polygon network on its marketplace in an effort to “streamline product offerings”.
G20 leaders agree on legal framework for crypto asset
“We continue to closely monitor the risks of the fast-paced developments in the cryptoasset ecosystem,” the declaration read. G20, Leaders of the world's 20 largest economies met over the weekend…
Cardano (ADA) hits yearly low, but investors remain bullish
Some analysts believe Cardano (ADA) is entering a “depression phase”, driving some bulls to accumulate.
11,000 years in jail for Thodex CEO who fled with $2B in user funds
Faruk Fatih Özer, CEO of defunct crypto exchange Thodex, fled to Albania in April 2021 with $2 billion in customer funds.
Former FTX executive pleads guilty less than a month before founder’s trial
A court hearing in Manhattan on Thursday revealed that Salame was responsible for bypassing electoral rules by becoming a big donor to the Republican party. Former FTX executive Ryan Salame…
Stake.com update: FBI says North Korea’s Lazarus Group pulled off crypto casino heist
The agency also listed several wallet addresses  linked to the transactions, where the funds are now being held. Stake.com was the victim of a cyberattack which drained almost $41M from…
Former OpenSea exec will self-surrender to prison after withdrawing bail application
Nathaniel Chastain will begin his three month prison sentence on November 2, followed by three months of home confinement and three years of supervised release.
Crypto whale loses over $24M in staked Ethereum to phishing attack
The attack is one of the biggest individual losses resulting from a phishing scam.
ARK and 21Shares file first spot Ether ETF
21Shares and Cathie Wood’s ARK Invest is doubling down on its crypto ETF ambitions, filing a first-of-its-kind spot Ether ETF application.
Minus degree: Celsius former CEO Alex Mashinky assets frozen by DOJ
Celsius was one of the crypto platforms that crashed last year. On Tuesday, US Department of Justice (DOJ) filed a sealed order to freeze the assets of Celsius former…
Sam Bankman-Fried denied immediate release from Brooklyn jail
With four weeks before the former FTX founder's criminal trial will begin in New York, his bid for return to bail was rejected. A US Court of Appeals has thrown…
Coinbase quietly raises $57M for new crypto lending service for institutional clients: CoinDesk
Coinbase said it’s trying to “update a financial system that was built more than 100 years ago” with its new lending service.
Visa taps Solana for USDC merchant payments; SOL jumps 6%
Payment provider Visa will leverage stablecoin USDC and Solana to modernise its cross-border settlement capabilities.
Bitcoin bears grip on the market pushes price towards $25,000
In 2017, 2020, 2021, BTC price retraced at an average of 7% to 8% in September. Bitcoin has continued to fall close to the $25,000 levels following a crash last…
Casio taps Polygon Labs to launch G-SHOCK watch NFTs
The collection will have 15,000 limited edition G-SHOCK Creator Pass NFTs Casio, a popular Japanese electronics maker, is partnering with Polygon Labs to launch its G-SHOCK watch on Polygon's protocols.…
Will the metaverse reach $30 trillion by 2030?
Metaverse gains are below their 2021 peak, but increased adoption from the gaming sector in particular seems to be paving the way toward a lucrative future.
Vitalik Buterin addresses centralisation concerns, says nodes must become “technically easier”
Node centralisation is a “key challenge” for Ethereum as centralised web providers like Amazon Web Services dominate hosting.
Stake.com hacked in possible $41M exploit
On-chain data shows a series of large withdrawals from Stake.com contracts into the hacker's account. Stake.com, a crypto betting platform known for its multibillion-dollar deal with Drake, is the next…
Lido accounts for a third of all staked Ether, sparking concerns of centralisation
Liquid staking provider Lido Finance holds a 32.4% market share of all staked Ether, raising concerns of its “uncapped dominance”.
JPMorgan: ETF grant is almost inevitable, delay is not denial
In a new note, the analysts said that the SEC has no option but to grant the applications. JPMorgan analysts have offered an optimistic view on the grant of the…
London Stock Exchange draws up plans for blockchain-based digital assets business: FT
“The idea is to use digital technology to make a process that is slicker, smoother, cheaper and more transparent,” LSE Group’s head of capital markets told the Financial Times.
Bitcoin in September: No love 
BTC price and September (or otherwise known as "rektember") have historically not been a good mix. The Bitcoin price pump from the Grayscale victory in the US Appeals court has…
Adidas announces first-ever NFT artist residency project
The ‘Web3-powered’ artist in residence program will welcome artists from around the world, bringing both digital and physical opportunities.
Drying sea? OpenSea daily volume crashes 99% from peak
This drop in trading volume follows a drop in users and transactions on the NFT marketplace. OpenSea, the largest marketplace for non-fungible tokens (NFTs) has witnessed a significant fall in…
SEC delays decision on 7 key Bitcoin ETFs
As expected, the US Securities and Exchange Commission (SEC) has chosen to delay its decision on spot Bitcoin ETFs, including BlackRock’s.
Zebu Live 2023: London’s biggest Web3 event is back and the lineup is immense
Steven Bartlett, Dr Lisa Cameron MP and zkSync are just some of the names to watch out for this October at Zebu Live. 
Grayscale CEO says after court win: “We have to be a little bit patient,”
Sonnenshein has expressed concern about the next steps that Grayscale has to take. Grayscale Investments CEO Michael Sonnenshein has shown concern over the next steps the firm will have…
Uniswap lawsuit judge throws out class action suit against exchange
The investors allege tokens they bought on the protocol between December 2020 and March 2022 turned out to be fraudulent Uniswap was sued by a group of investors following a…
GBTC: Volume frenzy could erase discount by 2024 
During the day, over 20 million GBTC shares were exchanged, making it the most since June 2022. Grayscale Bitcoin Trust (GBTC) rose quickly yesterday following news that the investment…
X obtains license required to enable crypto integration in U.S.
Musk has said that X has the potential to encompass “half of the global financial system” if successful.
Tether increases offshore banking presence as it partners with private Bahamian bank
A new partnership with Bahamas-based Britannia Bank & Trust marks the third offshore bank to work with Tether, following Deltec and Capital Union.
SEC decision on 7 key Bitcoin ETFs expected in the next few days
All eyes are on the US Securities and Exchange Commission (SEC) this week as the first Bitcoin ETF deadlines loom amidst Grayscale’s victory.
Bitcoin jumps to $28K following Grayscale ETF victory—time for a bull run?
The price broke the $27,500 resistance zone, testing the $28,000 resistance zone. Bitcoin reacted positively to the historic win of Grayscale after an appeals court said the US Securities…
South Korean regulators mandate exchanges to hold $2.3M in reserve
This rules come from the “Virtual Asset Real-Name Account Operation Guidelines” unveiled in July by the Korea Federation of Banks. South Korean authorities have announced that crypto exchanges in the…
Binance considers a ‘full exit’ from Russia as regulatory pressure mounts
The exchange is exploring a range of options, including a full exit from the Russian market, days after imposing fiat restrictions on Russian-based P2P users.
“Crypto mom” SEC Commissioner dissents on landmark NFT case
Commissioners Peirce and Uyeda criticised the SEC’s approach to the Impact Theory case, stating they should have provided guidance “long ago” when NFTs first started proliferating.
SEC charges media company with selling NFTs as securities in landmark case
The regulator charged media company Impact Theory with “conducting an unregistered offering of crypto asset securities”. The firm must now pay $6.1 million.
Balancer update: security firm says losses exceeded $2.1M
The figure from the attack should be more than $2.1M. On Sunday, Balancer confirmed that its pools were drained of about $900,000 by a hacker whose identity has been unveiled.…
Binance makes new institutional offering with off-exchange settlement solution
In light of regulatory pressures, Binance focuses on services that prioritise compliance and convenience for its corporate base.
Narendra Modi: crypto needs globally unified rules; no point wishing it away
The Prime Minister noted that the fast pace of the growth of the crypto sector suggests that dismissing the technology is impractical. Indian Prime Minister Narendra Modi has called for…
Friend.tech tanks over the weekend; key metrics down 90%
Data shows that buzzy social app Friend.tech took a dive over the weekend, as many in the Web3 space predicted.
Balancer hacked—$900K stolen after reporting critical vulnerability
On August 22, Balancer announced that more than 100 of its V2 pools across eight blockchains were critically vulnerable. Balancer, a Decentralised Finance (DeFi) protocol was exploited for nearly $900,000…
US Treasury Department announce proposed new crypto tax reporting rules, market stakeholders react 
Under the new rules, crypto exchanges like Coinbase, Kraken, etc would be required to send annual reports to their customers and the IRS. The US Treasury Department and the IRS…
OnlyFans creators flock to friend.tech following new image sharing update
Social-fi app friend.tech has taken a NSFW turn after enabling a new image sharing feature, attracting OnlyFans creators.
ARK Invest teams up with 21Shares in Ethereum futures ETF application
Sources believe the SEC is likely to approve Ethereum futures ETFs, which would enable investors to speculate on the future price of Ethereum without direct spot exposure.
Bored Ape Yacht Club NFTs declines as general market continue to bleed
Bored Ape Yacht Club (BAYC) NFTs facing a historic price drop. Bored Ape Yacht Club (BAYC) has witnessed a decline in price and engagement. Over the last six months, BAYC…
FBI notifies exchanges of funds linked to North Korean Hackers, flags six wallets
The FBI flagged six wallets used by hackers and asked for caution from crypto firms. The Federal Bureau of investigation (FBI) has identified wallets belonging to North Korean Hackers preparing…
Rarible trading volume soars after decision to remove OpenSea from aggregator following royalties back-track
Rarible saw a 637% boost after announcing it will remove OpenSea from its aggregator following their decision to stop enforcing creator royalties.
SEC pressure drives Bitstamp to shutter Ether staking services in US
Crypto exchange Bitstamp is shuttering its staking services for US customers in light of regulatory tension, following Kraken.
Bitcoin surges as stocks enjoy upward rally ahead of the Fed’s Jackson Hole speech
Bitcoin price has been trading sideways in the past weeks, significantly declining from the $29,000 support Bitcoin price rallied above $26,000 levels on Wednesday, posting its biggest gain in almost…
Tornado Cash founders charged by federal prosecutors for knowingly facilitating money laundering schemes
The founders were charged with money laundering and sanctions violations. Tornado Cash founders have been hit with charges by the US Department of Justice (DOJ) on Wednesday. The charges alleged…
FTX founder Sam Bankman-Fried’s lawyers say client is vegan, needs good food and medications
The former cryptocurrency billionaire is also running low on medications to treat ADHD and depression. Lawyers to the collapsed FTX founder Sam Bankman-Fried have said that he's been surviving on…
Solana Pay integrates with Shopify, opening gateway to Web3-based daily commerce
The integration gives millions of businesses and consumers around the world easy access to Solana Pay, Solana’s peer-peer payment protocol.
Binance.US bounces back with new MoonPay USD on-ramp
The new partnership lets the exchange resume USD deposits and withdrawals for US customers to purchase USDT – a win for the platform following its SEC lawsuit.
Former OpenSea exec sentenced to 3 months in prison in first-ever NFT insider trading case
The former OpenSea employee will spend three months in prison, followed by three months of home confinement and three years of supervised release.
Bitcoin price lingers in bloodbath—dip worth buying?
Social media remains hopeful in buying the dip Bitcoin has continued in red experiencing a marginal decrease over the last 24 hours following a sudden slump to the $26,000 levels…
Friends for sale: Understanding friend.tech, the viral new ‘marketplace for your friends’
‘Social-fi’ app friend.tech has generated massive Ether revenues since launching two weeks ago, but are there red flags?
Oil to crypto: Oman opens new $370M crypto mining centre to boost economy
The centre already consumes 11 megawatts of power as the country seeks to embrace blockchain as part of its economic infrastructure.
Best crypto exchanges: 2023
In this guide, we review our top five crypto exchanges, taking into account features, pros, cons, and user feedback.
Sam Bankman-Fried granted roughly school hours to meet with counsel in jail
Former FTX CEO Sam Bankman-Fried has been granted a seven-hour release from jail Following an application by lawyers to Sam Bankman-Fried that their client faces difficulties reviewing the extensive documentation…
Gemini says SEC case should be dismissed, calls claims ridiculous
Gemini says SEC case should be dismissed, calls claims ridiculous Gemini's legal counsel have said that the Securities and Exchange Commission (SEC) claims against the crypto exchange are ridiculous. The…
The Web3 projects that turned pocket change into fortunes via Binance Launchpad
Investing in the right Web3 project at an early stage can bring investors returns of 1600x and beyond, a new CoinGecko report shows.
What is Cryptojacking? All you need to know
Introduction As more people turn to the internet and blockchain technology for their day-to-day lives, opportunistic criminals have also found novel ways to poison the websites and devices used. One…
China’s social credit system might be entering the metaverse
One expert said China Mobile’s proposal to bring surveillance to the metaverse sounds ‘a lot like’ the nation’s controversial social credit system.
OpenSea breaks creator fee structure, makes royalties optional
Opensea is caving into pressure from its competitors to kill royalties. NFT marketplace OpenSea has announced that it will be making creator fees optional for new collections launched from September…
“Is safe the new sexy?”: Mastercard forms CBDC partnerships with Ripple, Consensys and more
Payment giant Mastercard insists that privacy will be a cornerstone of its CBDC partner program as it teams up with some huge names.
SpaceX didn’t cause Bitcoin price crash, here’s what likely did
When the price of Bitcoin (BTC) dropped by 8% in 10 minutes, diving down to $25,489, many pointed to SpaceX. That might not be the case.
Singapore police raid money laundering ring, seize $735M in crypto
Police in Singapore said it seized 11 documents with information on cryptocurrency assets Ten foreign nationals were detained by Singaporean police on suspicion of money laundering on Tuesday. They seized…
Federal Reserve takes enforcement action against FTX-linked Moonstone Bank
Sam Bankman-Fried’s Alameda Research invested $11.5M for a stake in a tiny bank in Farmington, Washington, in March 2022 just after it changed its name to Moonstone Bank. The…
Thinking of solo mining Bitcoin? Here’s how much it’ll cost you to mine 1 BTC
Solo mining is unprofitable in most countries, but there are some places where it costs less than $500 in electricity to mine 1 Bitcoin.
PayPal pauses crypto purchases in the UK in compliance with new FCA rules
The suspension will take effect on October 1, and is expected to last until early 2024. After launching its stablecoin last week, PayPal has been faced with battles on different…
Glassnode: Bitcoin at historically low levels of volatility
BTC stuck in a range, showing historic level of volatility With Bitcoin halving back in focus, the coin has hit historically low levels of volatility which has only been observed…
Sam Bankman-Fried faces new DOJ indictment for using $100M in campaign funding
Sam Bankman-Fried allegedly used $100 million in funds he stole from his customers to make political campaign contributions Sam Bankman-Fried has been charged by the US Department of Justice's Criminal…
Sam Bankman-Fried tribulations continues: Jailed, lawyers plead for access to meds
SBF remanded in jail. Sam Bankman-Fried has been remanded in jail after his bail was revoked on Friday. The FTX founder was found to have committed witness tampering.  The SBF…
Bitcoin accumulation slows, data shows that institutional investors quietly stopped stashing
Institutional players might have quietly completed their BTC accumulation. Bitcoin plummeted over the past year amid two major crashes—the fall of LUNA and FTX last year. As the benchmark cryptocurrency…
Bitcoin remains in the same range as CPI data shows slowing rates
The CPI reading came below market expectations of 3.3%. Bitcoin has remained stuck in $29,000 to $30,000 zone. The king cryptocurrency was unmoved by the latest Consumer Price Index (CPI)…
CPI data comes in lower-than-expected in July—not yet sayonara to inflation?
The CPI reading came below market expectations of 3.3%. July's Consumer Price Index (CPI) data has been released by the US Bureau of Labour Statistics (BLS). The latest report points…
New FTX lawsuit implicates large VC firms and primary legal counsel
FTX lawyers and VC firms sued in class action lawsuits Since the fall of FTX, the aftereffects has continued to persist in the crypto space. Now, the primary legal…
PayPal stablecoin launch draws criticism from Congresswoman Maxine Waters
Democrat Congresswoman Maxine Waters said on Wednesday she was "deeply concerned" about PayPal launching its own stablecoin. PayPal launch of its PYUSD stablecoin has drawn criticism from Congress, with major…
UK Treasury agrees on co-supervision with Bank of England regarding regulating stablecoins
The government is considering tapping the Bank of England (BoE) to oversee stablecoins alongside the Financial Conduct Authority (FCA) The UK Treasury has released its consultation paper on how they…
PayPal launches dollar-backed stablecoin, becomes fintech’s first
PayPal stablecoin will be backed by the U.S. dollar, short-term U.S. treasuries, and other cash equivalents. Digital payments giant PayPal has launched its own stablecoin. The coin will be backed…
Bitcoin braces for release of CPI data—time for a bullish run?
It was an uneventful end to last week, Bitcoin braces for CPI impact. Bitcoin has continued to be stuck in a range nearing the $30,000 psychological mark. The market leader…
Curve Finance hacker returns stolen loot in a turn of event
Curve Finance hacker has started returning the stolen funds to the protocol. In an unexpected turn of events, the Curve Finance hacker has decided to initiate the process of returning…
Coinbase asks court to throw out SEC’s case for overreaching beyond authority
Coinbase asked the U.S. District Court for the Southern District of New York to toss its legal battle with the SEC. For Coinbase, the legal battle which the US Securities…
KPMG report: Bitcoin emissions may be lower than often discussed
Per the report, strategies like tapping renewable energy sources and recycling waste heat to lower emissions are being adopted. Top consulting firm KPMG has noted that Bitcoin aligns in many…
Bitcoin extends bearish trend over news of possible DOJ charges against Binance 
While BTC managed to recover a few hundred dollars after the initial slump, it still remains in the red After trading sideways for the past few days, Bitcoin lost steam…
FTX founder denies witness tampering, lawyers say it’s wrong to seek detention
Collapsed FTX founder, Sam Bankman-Fried (SBF), has denied allegations of witness tampering. Failed FTX founder Sam Bankman-Fried has denied that he tampered with a witness after he was accused of…
Microstrategy returns black, Q2 earnings report brings good tidings 
MicroStrategy reported it bought an additional 467 bitcoin. Microstrategy, the enterprise-software maker published its second quarter earnings report today. The report shows that the company returned to profitability after…
Collapsed Three Arrows Capital Co-founder says he has Singaporean PR, rejects US courts jurisdiction
Davies claims that he became a permanent resident of Singapore in 2017.  The co-founder of failed Three Arrows Capital Kyle Davies has said that he doesn't have to respond to…
MakerDAO token MKR saw a bullish 58% rise throughout July, what’s behind the rally?
MakerDAO’s newly approved Enhanced Dai Savings Rate is a temporary enhanced interest offer that has won favour with investors.
$100M still at risk on Curve Finance after exploit drains stable pools
An estimated $47 million has already been drained from Curve Finance following a Vyper reentrance vulnerability, but not all stable pools are at risk.
Crypto.com registers in Netherlands, trumping Binance and Coinbase
Crypto.com receives approval from the Dutch central bank after satisfying anti-money laundering and anti-terrorist funding rules.
The British Museum to join Ethereum metaverse, The Sandbox
Users will soon be able to explore historic collections at the British Museum through The Sandbox, a popular Ethereum metaverse.
‘The Rekt Test’: the 7 questions all Web3 projects should be able to answer
Immunefi has launched a new “security baseline” for Web3 projects in collaboration with Trail of Bits, the Solana Foundation, Polygon Labs and more.
Presidential candidate RFK bought 14 BTC for his 7 children in May
Democratic presidential candidate RFK said “I’m going to put my money where my mouth is” after revealing $379,680 BTC purchase for his children.
Meta’s metaverse unit bleeds $3.7B in Q2 earnings report
Meta's Reality Labs continues to struggle. Mark Zuckerberg's metaverse baby child seems to continue to bleed. The division responsible for the company’s virtual and augmented reality developments, Reality Labs logged…
Feds want FTX founder bail revoked over accusations of witness tampering
FTX founder reportedly made roughly 100 calls to a reporter behind The New York Times story that revealed witness' private messages. Federal prosecutors have requested that FTX founder, Sam…
Tokenized real-world assets to hit $16 trillion by 2030
Tokenized real-world assets such as US Treasuries, real estate and commodities could make up 10% of the global GDP by 2030, new research indicates.
Binance lists FDUSD with zero fees; trading postponed after technical issue
Following a short delay, Binance will offer users zero trading fees on select FDUSD pairs to celebrate First Digital’s new stablecoin.
NFT royalty earnings: Yuga Labs and RTFKT take highest profits, Chiru Labs a close third
NFTs remain highly profitable, but blue-chip projects need 9.7 times their current earnings to match the unparalleled heights of 2022.
Digital ruble to begin trial on August 1 as Russia seeks to circumvent sanctions
The Bank of Russia said that the CBDC will make it easier to “track, control and transfer” information to authorities.
Dogecoin adds $1B to its market cap following Twitter rebrand to X
Musk has said that X has the potential to encompass “half of the global financial system” if successful, driving investors to Dogecoin.
Sam Altman’s Worldcoin begins global rollout
Sam Altman’s ambitious iris-scanning project Worldcoin is a decentralised financial and identity network built for the AI era.
The XRP effect: how distracted traders could benefit Ethereum
A new Santiment report suggests that Ethereum’s silent momentum might indicate a bullish breakout in August, if not sooner.
Police issue warning to ‘high-value’ crypto investors in Canada following home robberies
A trend is emerging in Canada whereby wealthy crypto investors are being robbed in their own homes as thieves search for private keys.
Who is Chris Amani, new CEO of Terraform Labs?
Terraform’s new CEO served as COO and CFO just months before the company’s spectacular $40 billion collapse in the spring of 2022.
Kuwait bans all crypto activity in money laundering crack down
The ban extends to transactions, investments and mining activities as the Gulf nation seeks to meet FATF requirements.
Dogecoin market cap jumped 3% in 15 minutes after Musk tweet
Tesla’s Bitcoin holdings have been unchanged for four consecutive quarters, but CEO Elon Musk has been more active on the Dogecoin front.
Bitcoin ‘staking’: OKX to launch new feature that lets users stake Bitcoin and BRC-20 tokens
The new proposal introduces a staking mechanism within the Bitcoin network specifically tailored for BRC-20 tokens or Bitcoin.
Democratic hopeful RFK vows to back the US dollar with Bitcoin
Robert F. Kennedy said that Bitcoin will be “part of the basket” of hard currencies that his administration will use to back the US dollar. 
2023 Q2 crypto industry report: 4 key insights
CoinGecko’s quarterly report shows that Q2 was a healthy quarter for Bitcoin and Ethereum, but NFTs and stablecoins took a hit.
Thodex CEO faces jail time in Türkiye over tax offences
Faruk Fatih Özer, CEO of the defunct crypto exchange, fled the country to Albania in April 2021 with $2 billion in customer funds.
Unstoppable Domains to support .eth domains through new ENS partnership
Unstoppable plans to become a “one-stop-shop” for Web3 domains as it announces support for .eth domains.
Binance successfully integrates Bitcoin Lightning Network
The Lightning Network enables cheaper, faster off-chain transactions, making small Bitcoin transactions more economically viable.
NFT-backed $12.9M Banksy artwork will be loaned to global museums
Banksy’s iconic Love is in the Air was fractionalised into 10,000 NFTs, and its owners have now voted for it to go on something of a European tour.
Google announces shift in policies, moves to allow blockchain apps on Play store
Google has updated its Play store policy to allow blockchain-based apps list. Google has announced an update to its policies to allow blockchain-based games and apps on the store…
Google slapped with AI data scraping lawsuit, validating Musk’s controversial Twitter reading limit
Google has updated its privacy policy acknowledging that it scrapes personal and creative data to feed its AI. The lawsuit argues that users should be able to opt-out.
Another $103M has been siphoned from Multichain
A further $103 million has been transferred from Multichain across nine networks as reports point to the hack being an ‘inside job’.
$126M Multichain exploit was likely an inside job, Chainalysis report claims
The mysterious disappearance of Multichain’s CEO raises the biggest red flag, since he has sole access to the protocol’s key servers.
Dubai regulator suspends licence for crypto exchange BitOasis
The suspension does not however impact BitOasis’ ability to provide broker dealer services to existing retail users.
CBDCs shows no sign of waning, new report reveals
Some two dozen central banks across emerging and advanced economies to launch CBDCs CBDCs are here to stay. A new survey has revealed that Central Bank Digital Currencies (CBDCs) show…
Multichain bridge hack forces Circle to freeze $63M in USDC
Circle has blacklisted three wallet addresses associated with the hack. Following the attack on Multichain, Circle blacklisted three wallets that have been linked to the hack. This follows a…
Cross-chain protocol Multichain loses $126M to mysterious attack
Cross-chain bridge Multichain has reportedly lost crypto assets worth $126M. Cross-chain bridge Multichain lost crypto assets worth $126M to hackers on Friday.  The breach was by an attacker who siphoned…
Blur v2 launches with 50% lower gas fees and trait bidding
Version 2 of the NFT marketplace Blur boasts an impressive 50% reduction in gas fees, bolstering its dominance.
“I am simply tired”: Binance executives quit but remain optimistic about exchange’s future
Numerous headlines have declared the resignations a “crisis”, but Zhao has dubbed the narrative as FUD, stating turnover is normal in any company.
Twitter to sue Meta’s Threads, claims rival poached employees and stole trade secrets
Twitter attorney Alex Spiro accuses Meta of poaching former employees and sharing trade secrets. Twitter new rival, Threads is up for a legal battle.  The newly launch micro-blogging platform is…
Binance to retire selected deposit addresses in wallet upgrade
Crypto exchange Binance will be deactivating some deposit addresses over the coming months as part of a security upgrade.