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Bank of China & E-commerce Giant Meituan Strike Digital Yuan Deal
5.9.2023
The Bank of China and the e-commerce heavy-hitter Meituan have signed a digital yuan collaboration deal, with both firms looking to step up their CBDC capabilities.
Per the Securities Times, via Stockstar, the two firms have sealed a “cooperation agreement” that will see them “deepen” their...
Biggest Crypto Gainers Today on DEXTools – POW, TOTO, LAB
4.9.2023
Last week brought high volatility but little change for bitcoin's price, which registered a high of $28,167 and a low of $25,328 but closing the week down a modest 0.48%.
While longer term price charts paint a decidedly bearish picture, a growing divergence between price action and momentum...
Crypto Exchange Listing and Delisting Announcements: September 4, 2023
4.9.2023
Here is our weekly collection of digital asset listing and delisting, trading pair-related announcements by crypto exchanges that we found last week and today.
Have we missed something? Do you have information about new listings and/or delistings? Let us know here....
SEC's Gary Gensler: Tracking the Evolution of His Crypto Views Amid Regulatory Push
4.9.2023
Since assuming the position of Chair at the Securities and Exchange Commission (SEC), Gary Gensler's stance on cryptocurrencies has undergone a notable shift.
During the pre-Covid boom of the cryptocurrency market, Gensler expressed optimism about blockchain and its potential to drive...
Legal Battle at Gala Games: CEO Accuses Co-Founder of $130 Million Theft
4.9.2023
Gala Games CEO Eric Schiermeyer has filed a lawsuit against the company's co-founder, Wright Thurston, alleging the theft of 8.6 billion GALA tokens worth $130 million in early 2021.
In addition to alleging theft, the lawsuit claims that Thurston has a history of founding companies that end...
Binance Head of Product Mayur Kamat Steps Down, CZ Pushes Back On FUD As BNB Price On
4.9.2023
Crypto exchange giant Binance confirmed to Cryptonews on Monday, that the company’s global head of product, Mayur Kamat, has resigned, amid a mass exodus of executives and job cuts within the company.
“We can confirm that Mayur has stepped down from his role as product lead. We are grateful to...
Today in Crypto: Attorney Says Ads Featuring Celebrities Don't Distinguish Between FTX & FTX.US Making Them Evidence, South Korea Set to Freeze North Korean Crypto
4.9.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Attorney Says Ads Featuring Celebrities Don't Distinguish Between FTX & FTX.US Making Them Evidence, South...
Chinese Bank Uses Digital Yuan Giveaway to Promote Waste Recycling Drive
4.9.2023
A Chinese commercial bank has launched new digital yuan-powered recycling rewards programs, with citizens receiving CBDC tokens in exchange for recycling their waste.
Per Danzong, via Xinhua, the Qingdao Branch of the Bank of Communications has launched a CBDC-powered rewards solution.
The bank...
BUSD Falls to Fifth Among Stablecoin Leaders; TUSD and FDUSD Supplies Surge in a 3-Day Span
3.9.2023
The stablecoin landscape witnessed a shifting dynamic this week, with the once fourth-largest stablecoin, binance usd (BUSD), relinquishing its position. This change arises from the crypto asset’s supply dwindling below the 3 billion mark, while in a surprising twist, the stablecoin trueusd...
Vitalik Buterin Offloads MakerDAO Holdings After CEO's Solana Blockchain Praise – What's Going On?
3.9.2023
Ethereum (ETH) co-founder Vitalik Buterin has offloaded his entire remaining stake in MakerDAO tokens after the project's co-founder praised the Solana blockchain.
According to blockchain data, the Ethereum mastermind has sold 500 MKR tokens on CoW Protocol, receiving 353 ETH (worth approximately...
FTX Financial Filing Reveals Yacht Purchase for Former Co-CEO Sam Trabucco
3.9.2023
FTX debtors have disclosed a series of financial statements that show top executives used company funds to their own advantage shortly before the cryptocurrency exchange collapsed.
In a recent court filing with the United States Bankruptcy Court for the District of Delaware, FTX debtors shed light...
Ripple Objects to SEC's Appeal of Ruling on Crypto as Non-Security
2.9.2023
Ripple Labs has objected to the Securities and Exchange Commission's (SEC) request to appeal a federal judge's ruling that the XRP token is not a security when sold to the public.
On Friday, Ripple filed a request with US District Judge Analisa Torres in New York, urging her to deny the SEC's...
Crypto Venture Capital Firm Paradigm CFO and General Counsel to Leave this Month – What's Going On?
2.9.2023
Chief Financial Officer (CFO) and General Counsel at crypto venture capital firm Paradigm are set the leave the company this month.
Nathan Apsel, CFO of Paradigm, and Reena Jashnani-Slusarz, the company's General Counsel, are expected to depart by mid-September, according to an internal email from...
Biggest Crypto Gainers Today on DEXTools – PARROT, ANUBIS, SOJU
2.9.2023
Bitcoin exchange inflows have reached one-month highs according to data from Glassnode, signaling increasing selling pressure as the price of Bitcoin has fallen below $26,000.
The one-day moving average of bitcoin's exchange net flow reached $9.75 million on August 16, marking the highest level...
Hoskinson predicts Cardano’s rise, new AI altcoin to challenge XRP
1.9.2023
In a time when the crypto ecosystem witnesses revolutions and evolutions almost daily, Cardano’s strong vision and the entry of a new AI altcoin, InQubeta (QUBE), set the stage for some intriguing dynamics. With Hoskinson’s confidence in Cardano’s rise and the promise of InQubeta...
Today in Crypto: 5-Country Joint Advisory Report Warns About Russian Malware Targeting Crypto Users, IBM Shares 5 Points for Success of Digital Euro
1.9.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: 5-Country Joint Advisory Report Warns About Russian Malware Targeting Crypto Users, IBM Shares 5 Points...
Brazilian Football Legend Ronaldinho Denies Crypto Scam Accusations
1.9.2023
Retired Brazilian soccer star Ronaldinho Gaucho has denied accusations of involvement in a cryptocurrency pyramid scheme bearing his name.
On Thursday, the soccer star, whose real name is Ronaldo de Assis Moreira, appeared before a group of lawmakers at a congressional hearing to address these...
HashKey's New $100M Fund to Focus on Altcoins, With Less Than 50% Allocation for BTC and ETH
1.9.2023
HashKey Capital, the investment arm of Hong Kong-based crypto giant HashKey Group, has allocated a significant portion of its newly launched to major altcoins.
The fund aims to invest less than 50% of its allocation in Bitcoin (BTC) and Ethereum (ETH), the two largest cryptocurrencies, Jupiter...
Likou, China, to Become Digital Yuan ‘Demonstration Town’ – CBDC Adoption Gathers Pace?
1.9.2023
A Chinese town has agreed to become a digital yuan “demonstration town” after striking a CBDC deal with a major, state-run bank.
Per JSChina, the deal was struck in Likou, a town in Siyang County, near the city of Suqian in China’s Jiangsu Province.
The People’s Government of Likou Town...
Biggest Crypto Gainers Today on DEXTools – DACT, SILKROAD, BS
31.8.2023
Bitcoin has managed to remount its 200-day exponential moving average after a period of decline since reaching its year-to-date peak in July.
According to some analysts, holding this support level will indicate the cryptocurrency may have bottomed out from its drop over the summer.
While Bitcoin...