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Binance Seeks Release of Jailed Employee Before Pursuing Nigerian License
19.9.2024
Binance has made the release of Tigran Gambaryan a condition for seeking registration in Nigeria. The exchange is reluctant to register due to outstanding issues with the government. It reportedly believes the SEC’s hastily formulated framework is not supported by law. Despite this, Binance...
South Korea, Hong Kong Lead Crypto Market Growth in East Asia
19.9.2024
East Asia’s cryptocurrency market is experiencing significant growth, driven by institutional adoption in South Korea and Hong Kong, according to a report by blockchain analytics firm Chainalysis. South Korea leads with $130 billion in on-chain value, while Hong Kong emerges as a major...
Global Surge in CBDC Development: 134 Countries Now Exploring Digital Currencies
19.9.2024
New data shows that 134 countries, representing 98% of global GDP, are now exploring central bank digital currencies (CBDCs), with 66 nations advancing to pilot or development stages. Every G20 nation is engaged in CBDC efforts, with notable leaders such as China and the European nations pushing...
US Lawmakers Call for Clear SEC Rules on Digital Asset Airdrops
19.9.2024
Congressman Tom Emmer is pushing the U.S. Securities and Exchange Commission (SEC) to provide clear rules on digital asset airdrops, arguing that current regulatory uncertainty is stifling innovation and blocking American participation in blockchain projects. He emphasized the importance...
Lawmaker Flags Concerns Over SEC’s Crypto Approach
19.9.2024
Congressman French Hill has raised concerns over the U.S. Securities and Exchange Commission (SEC)’s handling of digital asset regulations, criticizing Chairman Gary Gensler’s leadership for creating legal uncertainty and a politicized approach. The lawmaker highlighted...
Bitcoin Emerges as a ‘Unique Diversifier,’ Says Blackrock’s Latest Report
18.9.2024
In a recent report, Blackrock, the largest digital asset manager, explores bitcoin’s role as a unique investment diversifier, highlighting its distinct risk and return factors compared to traditional assets. The financial institution’s report also discusses bitcoin’s growing...
NFT Project Doodles to Celebrate Rubik’s Cube’s 50th Anniversary With Digital Collectibles
18.9.2024
Non-Fungible Token (NFT) project Doodles has announced a collaboration with Spin Master to celebrate the 50th anniversary of the Rubik’s Cube. This partnership will introduce a “pack ripping” fan experience, where participants can unlock both physical and digital collectibles. Among...
Pudgy Penguins CEO unfazed by SEC actions against the NFT sector
18.9.2024
While the SEC focuses on investor protection, Pudgy Penguins CEO Luca Schnetzler believes that investors should also hold some form of accountability for their purchases.
Pudgy Penguins CEO unfazed by SEC actions against the NFT sector
18.9.2024
While the SEC focuses on investor protection, Pudgy Penguins CEO Luca Schnetzler believes that investors should also hold some form of accountability for their purchases.
Trump-Themed Meme Coins Spike Following Former President’s X Interview
17.9.2024
After former President Donald Trump and his family introduced World Liberty Financial (WLF) during an X Spaces interview, meme coins inspired by Trump have enjoyed a notable rise in value over the past 24 hours when compared to the U.S. dollar. Political Meme Coins Surge After Trump Slams Kamala...
Digital Chamber urges US crypto users to support new NFT bill
17.9.2024
Crypto advocates urged Americans to help the industry flourish without "misapplied" securities regulations.
Capstone Technology Gets $5.4M for GAYA Blockchain Project
17.9.2024
Capstone Technology, a UAE-based blockchain and AI company has raised $5.45 million to fund the development of its GAYA blockchain project. The project aims to create a network for entrepreneurs in gaming, AI, and entertainment. Capstone Technology plans to use the funds to manage technological...
Russian Central Bank Eyes Digital Currency to Overcome Cross-Border Payment Obstacles
17.9.2024
Elvira Nabiullina, head of Russia’s central bank, has highlighted challenges in cross-border settlements, including payment issues and falling trade volumes. She emphasized the importance of finding new solutions, such as using digital currencies and cooperating with global partners,...
41 firms join BIS Project Agora to advance unified ledger applications
16.9.2024
The large private companies will work with seven central banks on improving structural inefficiencies in international transfers
Qatar Financial Centre Activates Digital Assets Lab
16.9.2024
Qatar Financial Center (QFC) has launched its Digital Assets Lab, selecting 24 participants to develop innovative digital solutions using distributed ledger technology. Key partners include Google Cloud, Masraf Al Rayan, The Hashgraph Association, and R3. Lab Participants to Lead Digital...
Kraken denies SEC claims, argues digital assets aren’t securities: Law Decoded
16.9.2024
Kraken rejects the SEC’s securities allegations, Brazil lifts the freeze on Starlink’s bank account, the UK clarifies crypto property rights, and Coinbase backs NFT’s legal defense
This Week’s Crypto Highlights: Baby Doge Coin Jumps, Rocket Pool Tumbles
16.9.2024
Over the last seven days, bitcoin (BTC) has seen a 3.6% increase, while ethereum (ETH) slipped by 1.9%. During this period, several other digital assets experienced both stronger and weaker performances compared to these two giants. The meme token baby doge coin (BABYDOGE) leaped by 102%,...
Azuki NFT Creator Chiru Labs Buys Anime.com to Expand Digital Footprint
16.9.2024
Chiru Labs, the creator of the Azuki non-fungible token (NFT) collection, has acquired the domain Anime.com as part of its strategy to deepen its involvement in the anime world. This move is seen as an effort to expand their digital footprint and integrate more closely with the anime community....
Ethereum’s Battle Continues: Coinshares Reports Outflows Persist as Market Recovers
16.9.2024
The latest flows report from Coinshares, led by its top market analyst James Butterfill, uncovers a strong recovery in digital asset investments, hitting a total of $436 million. The report emphasizes bitcoin as the frontrunner, while ethereum is still facing challenges with continued outflows....
Bank of Russia to Launch Digital Ruble Payment Infrastructure by July 2025
16.9.2024
The Bank of Russia aims to open the payment infrastructure for the Russian central bank digital currency (CBDC), the digital ruble, by July next year. Larger banks will offer digital ruble accounts and services by this deadline, with smaller institutions following later. The initiative seeks...