Nifty News: NFT restaurant crumbles, Binance NFT ends Polygon support and more…
9.9.2023
The restaurant was being built alongside a private members lounge that was only open to people who bought NFTs, but rising construction costs ultimately stopped the project from coming to fruition
Congressman Tom Emmer seeks amendment to limit SEC's crypto oversight
9.9.2023
Emmer intends to introduce an appropriations amendment that will limit the SEC's utilization of funds for digital asset enforcement until comprehensive rules and regulations are put in place
Indonesia Expands De-Dollarization Efforts With National Task Force Formation
9.9.2023
Indonesia’s central bank has established a national task force to expand the use of local currency with partner countries. Malaysia, Thailand, Japan, and China are already trading with Indonesia using local currencies. In addition, Singapore and South Korea have signed cooperation agreements...
Palau Finishes Distribution Phase of Stablecoin Pilot, Organizes Feedback Survey
9.9.2023
Palau is preparing to close the distribution phase of its stablecoin pilot after having extended it for 30 additional days to examine additional use cases and growing popular demand. Palau Ministry of Finance board member Jay Hunter Anson explained that the pilot was a “temporary, research...
SEC urges court to grant Ripple Labs appeal citing ‘knotty legal problems’
9.9.2023
The SEC highlighted contradictory conclusions from similar cases, along with other pending decisions as some of the contentious legal issues
NounsDAO Barrels Toward Treasury Split After NFT Holders Rally for ‘Rage Quit’
9.9.2023
The NFT project is going to fork
FBI Traces $41 Million Cryptocurrency Theft From Stake.com to Lazarus Group
9.9.2023
The Federal Bureau of Investigation (FBI) says it has confirmed that North Korea’s Lazarus Group was behind the crypto theft of about $41 million from online crypto casino and sports betting platform Stake.com. The FBI has provided a number of Bitcoin, Ethereum, Binance Smart Chain (BSC),...
DOJ Claims About Sam Bankman-Fried's Laptop Access Are 'Inaccurate', Defense Alleges
9.9.2023
IMF and FSB Release ‘Policies for Crypto Assets’ at G20 Request
9.9.2023
The International Monetary Fund (IMF) and the Financial Stability Board (FSB) have published their synthesis paper titled “Policies for Crypto Assets,” which was developed at the request of the Indian G20 Presidency. The global organizations “have set out a roadmap to ensure effective...
New Crypto AI Utility Coin yPredict Rockets Past $3.7 Million Fundraising Milestone – Next Big Thing?
9.9.2023
With a constant rise in high-quality digital content demand, companies are increasingly seeking effective tools to streamline the content creation process. One such effort is the development of WriteMingle, a new software application that incorporates artificial intelligence to assist in content...
Tether Boasts $72.5 Billion US Treasury Exposure as Interest in National Debt Falters
9.9.2023
Tether, the largest stablecoin in the cryptocurrency market, discussed how its leverage of U.S. treasury bills creates a steady demand for U.S. national debt as a backup of the USDT issuance. The company has exposure to almost $73 billion in U.S. debt, held directly, indirectly, or as collateral...
Best Crypto to Buy Now September 8 – Rollbit, Radix, Aave
8.9.2023
A standout story in today's crypto news reports hails from Turkey, where the former CEO of the now-folded Turkish cryptocurrency exchange Thodex has been sentenced to over 11,000 years in jail.
Faruk Fatih Özer, who founded Thodex in 2019, received a staggering 11,196-year sentence along with...