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Bank Messaging Firm SWIFT Leans Toward Blockchain Integration Over Unifying Tokenization After Experiments – Here's the Latest

31.8.2023
Bank messaging network SWIFT has said that blockchain interoperability is a better approach in the short term to financial solutions than uniting Central Bank Digital Currencies (CBDC) and other assets into a single ledger. In a recent release, “Connecting blockchains: Overcoming fragmentation...

Embracer Shuts Down Saints Row Studio Volition After 30 Years

31.8.2023
Volition, the studio behind Red Faction, Saints Row, and countless other games, is closing its doors after 30 years. The decision was made by parent company Embracer after the sprawling conglomerate announced cuts earlier this year following the loss of $2 billion in funding that was reportedly...

Web3 Lawyer Predicts US Crypto Upturn After Key Industry Wins This Year

31.8.2023
Digital asset lawyer Jeremy McLaughlin has expressed optimism on a re-ignition of the United States cryptocurrency market following landmark wins recorded by Ripple and Grayscale over the Securities and Exchange Commission (SEC). Speaking on Aug. 31 at an Intersekt23 panel in Melbourne...

sDAI Pool by Aave goes live after MakerDAO pulls yields downs

31.8.2023
Aave has announced launching the sDAI pool following a reduction in the DSR yields. DSR refers to the DAI Saving Rate. It was originally set to 3.3%, later pitched up at 8$, only to bring it down again. Rune Christensen, the Co-Founder of MakerDAO, has suggested further lowering the DSR yields...

Binance Finds Way to Serve Belgian Users After Cease Order

31.8.2023
Cryptocurrency exchange Binance said it continues to provide services to residents of Belgium through its Polish entity. The announcement comes two months after the crypto trading company was ordered by the Belgian financial regulator to cease all crypto services in the country. Binance Offers...

South African Crypto Premium Surge After Kraken Abruptly Starts Blocking Deposits by Local Residents

31.8.2023
The premium on crypto assets listed on South African exchanges briefly surged to 3.5% after Kraken’s abruptly started blocking deposits from users based in the African country. Some South African crypto experts have linked Kraken’s decision to the Financial Action Task Force’s...

Bitcoin ETFs have 75% chance of approval this year: Bloomberg analysts

31.8.2023
Bloomberg ETF analysts raised their odds for a spot Bitcoin ETF approval after the recent Grayscale victory against the SEC

Bloomberg Analysts Boost Spot Bitcoin ETF Approval Odds After Grayscale’s Court Victory

31.8.2023
In early August 2023, Bloomberg ETF specialists Eric Balchunas and James Seyffart estimated a 65% probability for the approval of a spot bitcoin ETF. However, as August draws to its conclusion, and in light of a U.S. court siding with Grayscale over a legal tussle against the U.S. Securities...

Bitcoin Price Prediction as BTC Blasts Up 5% After Huge Volume Spike – Can BTC Reach $40,000 Soon?

31.8.2023
Bitcoin (BTC) has broken its downward trend and surged above the $27,000 mark, marking an impressive comeback after two weeks. However, this surge can be attributed to a legal victory for Grayscale in the United States. The court ruled favorably for Grayscale in its legal battle against...

StarkWare Restores Crypto Access for Delinquent Wallet Updaters, After Complaints on X

30.8.2023
After users complained on X, StarkWare walked back on a move in which it implemented an upgrade that made users' funds inaccessible

Bitcoin Average Trade Size Jumps to Highest Level Since June After Grayscale Ruling

30.8.2023
The increase in average trade size could suggest large traders are more active, said research firm Kaiko

Prosecutors Challenge FTX Founder’s Legal Advice Defense Ahead of Fraud Trial

30.8.2023
Sam Bankman-Fried’s legal team claimed last week that the FTX founder received assurances from lawyers his actions were lawful. However, federal prosecutors are now contesting the validity of Bankman-Fried’s defense strategy ahead of trial. Bankman-Fried’s Legal Defense...

Coinbase stock surges after favorable federal ruling for Grayscale

30.8.2023
In the final moments of the trading session on Tuesday, Aug.29, the value of COIN stood at $85.13 per share, a jump of 15% over the previous day's close

Pro-Bitcoin Miami Mayor Francis Suarez Drops out of GOP Presidential Candidate Race

30.8.2023
Francis Suarez, the pro-bitcoin mayor of the U.S. city of Miami, became the first Republican to bow out of the party’s presidential primary race after he announced the suspension of his campaign on Aug. 29. According to some reports, Suarez was forced to suspend his campaign after he failed...

Binance Mulls Leaving Russia, Limits Options for Russian Users

30.8.2023
Crypto exchange Binance considers exiting Russia amid increased scrutiny over its services for users in the sanctioned nation. The news of the potential move comes after the exchange delisted several sanctioned Russian banks from its peer-to-peer (P2P) platform and restricted fiat payment options...

Shiba Inu’s Shibarium Returns to Full Operation After Navigating Bridge Issues

30.8.2023
The Shiba Inu development team has announced that Shibarium is now fully functional after recent challenges where funds became inaccessible in the bridge. Shiba Inu’s Shytoshi Kusama thanked Sandeep Nailwal, the co-founder of Polygon Labs, who stepped in with crucial resources to address the issue....

Tornado Cash Indictments May Prove to Be Just a Localized Storm After All

30.8.2023
The Tornado Cash indictments could be another tipping point for crypto. How the case plays out could define how the federal government can deal with decentralized trading platforms if they’re seen as broad precedents. But the case may be much more straightforward than initial reactions suggested