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JPEX Floats "DAO Stakeholder Dividend Plan" for Users as Authorities Block Access to Exchange
21.9.2023
In response to the ongoing HK$1.3 billion scandal in which Hong Kong police have asked telecom service providers to block access to JPEX's website, resulting in the arrest of three additional individuals suspected of conspiracy, JPEX has put forth a new dividend plan for its investors....
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Aztec Network launches Aztec Sandbox
21.9.2023
Aztec Network has announced the launch of Aztec Sandbox. The solution has been teased to the community of developers as a local testnet for smart contract privacy. As the most ambitious software release, Aztec Network believes this is a major step toward achieving the fully decentralized...
Breaking: Mt. Gox Trustee Extends Repayment Deadline to October 2024
21.9.2023
Mt. Gox Rehabilitation Trustee has once again extended the deadline for repayments to its creditors.
The bankrupt crypto exchange has changed the deadline of the Base Repayment, the Early Lump-Sum Repayment and Intermediate Repayment from October 31, 2023 to October 31, 2024. ...
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ASIC Initiates Civil Proceedings Against Bit Trade for Alleged Compliance Failures
21.9.2023
Australia's regulatory body, the Australian Securities and Investments Commission (ASIC), has initiated legal proceedings against Bit Trade Pty Ltd, the provider of the Kraken cryptocurrency exchange for Australian users, for breaching design and distribution obligations related to its margin...
ASIC Initiates Civil Proceedings Against Bit Trade for Alleged Compliance Failures
21.9.2023
Australia's regulatory body, the Australian Securities and Investments Commission (ASIC), has initiated legal proceedings against Bit Trade Pty Ltd, the provider of the Kraken cryptocurrency exchange for Australian users, for breaching design and distribution obligations related to its margin...
US House Committee Passes Bill to Block Digital Dollar Launch
21.9.2023
A bill designed to block the potential launch of a US central bank digital currency (CBDC) has progressed to the floor of the US House of Representatives following the house committee approval on Wednesday.
The bill, spearheaded by Republicans within the House Financial Services Committee,...
US Presidential Hopeful Ramaswamy to Release “Comprehensive Crypto Policy Framework” Before Thanksgiving
21.9.2023
A major candidate for the US Presidency is on the verge of releasing a “comprehensive crypto policy framework”.
Speaking at a crypto event on Wednesday, Republican Party presidential hopeful Vivek Ramaswamy announced plans to release the framework by Thanksgiving (on 23rd November).
Crypto data...
Microsoft Plans Expand Support for Crypto Wallets Across Next Generation of Hardware Products, Documents Suggest
21.9.2023
The next generation of Microsoft hardware products might include better support for crypto wallets, a report by Axios suggested on Monday.
According to Axios, detailed documents detailing Microsoft’s plans were just released as part of Microsoft’s ongoing lawsuit with the US Federal Trade...
a16z Crypto Leads $3.6 Million Seed Round for Decentralized Information Exchange Protocol Freatic - What Does It Do?
21.9.2023
Freatic, a decentralized information exchange protocol built by a team of developers, has secured $3.6 million from a trove of investors.
The project, as revealed by the development team, has emerged from stealth mode and is gearing up for its public launch. Leading this investment round is...
Lawmaker: Hong Kong Aiming for Stablecoin Regulations by Mid-2024
20.9.2023
Hong Kong lawmaker Duncan Chiu has announced the launch of the second round of consultations aimed at formulating stablecoin issuance guidelines.
Speaking on Tuesday, Chiu said he hopes for the city to release regulatory guidelines for stablecoin issuers by mid-2024, as reported by local...
Discord Crypto Trading Bot to Shut Down Due to ‘Critical Exploits’
20.9.2023
None Trading, a trading tool catering to cryptocurrencies and non-fungible tokens on Discord will close its doors to customers.
The company attributed this decision to a security exploit in an official statement posted on X (formerly Twitter) on September 20.
None Trading revealed that this...
Prime Trust Crypto Custodian Signals Potential Layoffs for 62 Employees – Is the Bear Market to Blame?
20.9.2023
Now-bankrupt crypto custodian Prime Trust has notified employees of potential layoffs affecting 62 individuals within the next two months, according to Nevada's Department of Employment, Training & Rehabilitation.
This news comes shortly after the company made significant workforce reductions...
FCA Report Highlights Talks Between Banks and Crypto Firms Amid Rising Debanking Worries
20.9.2023
The UK's Financial Conduct Authority (FCA) has initiated talks between banks and crypto firms experiencing difficulties in accessing banking services, according to a recent report addressing the issue of debanking in the country....
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CoinEx to Resume Withdrawals of Certain Cryptos Following Security Breach
20.9.2023
Cryptocurrency exchange CoinEx, that fell victim to a hack last week, is set to start its deposit and withdrawal services for major cryptocurrencies including Bitcoin (BTC), Ether (ETH), Tether (USDT) and USD Coin (USDC), from September 21.
Per an official update on Wednesday, CoinEx said that...
70% of South Korean Reported Foreign Assets Are Crypto- Here’s More
20.9.2023
South Korea’s crypto adoption grows as authorities disclosed that 70% of the nation’s reported overseas assets are cryptocurrencies.
On Sept 20, The country’s National Tax Service (NTS) in an official release stated that 5,419 business and individuals reported their financial accounts with...
Breaking: Donald Trump Jr.'s X Account Hacked; Falsely Reports Ex-President Trump's Death, Expresses Support for Richard Heart in SEC Case
20.9.2023
Donald Trump Jr.’s X account (formerly Twitter) was hacked for about 30 minutes followed by a series of wild tweets on his ‘father’s death’, a potential attack on North Korea including swipes at Elon Musk.
On Sept 20, a hacker gained access to Donald Trump Jr.’s social media account leaving many...
Provenance Blockchain collaborates with Axelar
20.9.2023
Provenance Blockchain has announced its partnership with Axelar to improve blockchain connectivity within the financial ecosystem. The formal declaration of the union will occur at the Real-World Summit, which will be held in New York. For the uninitiated, Provenance Blockchain is the leading...
Brazil Debates Bill To Protect Debtors’ Digital Assets
20.9.2023
Brazilian lawmakers make moves to include cryptocurrencies in the list of debtors-protected assets on behalf of creditors following their recognition as tradable property.
In recent months, Brazil has embarked on a major change to reduce the seizures of debtors' assets which is meant to settle...
Chainalysis Report: India Ranks Second in Global Transaction Volume Despite Tax Law Challenges
20.9.2023
India has claimed the second-largest position in the global crypto market, surpassing the UK, Turkey, and Russia in raw transaction volume.
This achievement is notable given that it comes despite challenges posed by India's anti-crypto regulatory and tax environment, a recent report from...
Stanford University to Return $5.5 Million Worth Gifts Received From Bankrupt FTX
20.9.2023
Stanford University is in talks with the attorneys for the beleaguered FTX to return the “entirety” of gifts that it received from the bankrupt crypto exchange and related entities.
The move comes after a lawsuit against the parents of its founder and former CEO, Sam Bankman-Fried, who allegedly...