Virtual Currency Chief at NYSDFS Leaves to Pursue a Career in Private Sector
15.9.2023
Peter Marton, the deputy superintendent of virtual currency at the New York State Department of Financial Services (NYSDFS), will be stepping down from his position at the end of this month.
According to an internal memo seen by FOX Business, Marton will be leaving his job on September 29...
Bitcoin Bounce Puts Altcoin Bears at Risk
15.9.2023
Bitcoin's bounce amid fears of FTX creditor liquidation might shake out altcoin bears, leading to a sharp rally in recently shorted tokens like solana
South Korea’s Crypto Ecosystem Shakes Off Terra Debacle, With Gaming Dominating Web3 Activity
15.9.2023
Korean banks are gradually dipping their toes in the market, and gaming firms are trying to capitalize in the crypto-frenzied market
Binance.US Not Playing Ball With Probe, SEC Says, as Focus Turns to Custody Arm Ceffu
15.9.2023
Securities regulators have complained the exchange is unregistered, and worry about assets being shifted overseas
Don’t miss the Coinshares report on Ethereum
15.9.2023
Ethereum faces various market challenges, including deteriorating metrics on the Ethereum network, stagnant demand, and a drop in on-chain interest. The number of Ethereum addresses with at least $1,000 in ETH deposits has dropped to its lowest level in nearly six months. Despite these obstacles...
Binance US CEO Quits, Crypto Exchange Cuts Third of Jobs
15.9.2023
Chief Executive Officer of Binance US, Brian Shroder, has left the company amid an ongoing regulatory crackdown and more job cuts. Shroder’s departure comes two years after he joined the American subsidiary of the world’s largest cryptocurrency exchange by daily trading volume. Shroder Departs...
Russian Banks Say Digital Ruble Will Drive up Loan Rates – New CBDC Dangers?
15.9.2023
A major Russian banking association has warned that the digital ruble will drive up loan rates as banks struggle to cope with the soon-to-be-issued CBDC.
The Central Bank last month launched an 11-city “real-world” CBDC pilot in conjunction with 13 commercial banks.
But banking organizations have...
Play-to-earn games are the reason ‘real’ gamers hate crypto: Atari founder
15.9.2023
Crypto games have garnered a bad reputation among traditional gamers, but the future of Web3 games and blockchain-based worlds is far from over, says Nolan Bushnell
US Senator Sherrod Brown Urges CFTC, SEC and Treasury Secretary to Enhance Crypto Transparency
15.9.2023
The chair of the Senate Banking Committee, Sherrod Brown has urged key federal agencies to use their existing authority to address concerns within the cryptocurrency industry and enhance transparency to protect investors.
Brown sent a letter to three pivotal figures in the U.S. financial...
Hong Kong Lawmaker Addresses Vitalik Buterin’s Concerns on City's Crypto-Friendliness
15.9.2023
Hong Kong legislator Johnny Ng has extended an invitation to Buterin to gain a firsthand understanding of the region's regulatory environment and crypto-related strategies after the Ethereum co-founder questioned the city's crypto-friendliness.
Ng asserted that Hong Kong boasts a stable policy...
Decentralized stablecoins could dominate crypto: MakerDAO founder
15.9.2023
MakerDAO’s Rune Christensen says appropriate regulation will see stablecoins become mainstream, but the real opportunity is in decentralized stablecoins
BNB Chain Layer 2 Goes Live
15.9.2023
BNB Chain, the Binance-backed decentralized blockchain network, has announced the launch of Opbnb, its expansion layer built using the Optimism OP stack. The new network allows users to enjoy low-fee transactions in a high-throughput, high-speed transactional layer optimized for interactive...