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Today in Crypto: SOMA Finance to Offer 'Legally Issued and Compliantly Structured Digital Security', Microsoft Unveils 'Heavy-Metal Quartet' of AI Compilers
6.9.2023
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: SOMA Finance to Offer 'Legally Issued and Compliantly Structured Digital Security', Microsoft Unveils...
DeFi Protocol Synapse Responds to Selling Pressure With 17% Bounce
6.9.2023
The native token of Synapse, a decentralized finance (DeFi) protocol designed to transfer data to cross-chain bridges, has bounced by more than 17% from a low of $0.30 after a liquidity provider sold its SYN tokens on Monday
SOMA Finance to Issue the First Retail Compliant Digital Security
6.9.2023
The SOMA token will be a non-cumulative, participating preferred stock of SOMA.finance and will pay a dividend of up to 10% of profits
G20 Nations Actively Discussing Crypto Framework, Says Indian Finance Minister
6.9.2023
The G20 countries are actively discussing a global framework for crypto assets under India’s presidency, Finance Minister Nirmala Sitharaman has revealed. “India’s presidency has put on the table key issues related to regulating or understanding that there should be a framework...
Singapore Elects President Who Advocates ‘One Regulatory System’ for Crypto and Traditional Finance
6.9.2023
Tharman Shanmugaratnam, the former deputy prime minister and central bank chairman of Singapore, has been elected as the new president of the country. The Singaporean president-elect, who advocates for a single regulatory system for both crypto and traditional finance, wants to make sure that...
Coinbase Creates New Crypto Lending Service Geared Toward Large Investors
5.9.2023
Coinbase (COIN) raised $57 million for the platform as of Sept. 1, according to an SEC filing
SmarDex (SDEX): Pioneering New Pathways in DeFi, Strides Towards a Deflationary Token Model, Forging Ahead on ARB, Matic, and BNB Chains
5.9.2023
Introduction: Should one venture into the expansive realm of decentralized finance, they may undoubtedly discern a conspicuous and dynamic force creating substantial ripples: SmarDex ($SDEX). This entity does not merely constitute an additional entrant within the DeFi milieu; instead, it emerges...
Genesis to Shutter Crypto Trading Desk for U.S. Market
5.9.2023
Genesis Global Trading will halt its crypto OTC desk later this month
New Survey Shows Traditional Finance Exchanges Hold Different Views On Offering Digital Asset Services
5.9.2023
Traditional finance exchanges maintain a divided stance on offering crypto-related products to their customers according to a new research report by the World Federation of Exchanges (WFE).
The WFE released on Sept 5 findings from a survey it conducted with 29 respondents aiming to improve...
Connext Airdrop Marred by $38K Sybil Bot Attack
5.9.2023
Connext Network, a protocol that interacts with native blockchain bridges to optimize security, is the subject of intense scrutiny after one wallet appears to have exploited its NEXT token airdrop
Visa Taps Solana and USDC Stablecoin to Boost Cross-Border Payments
5.9.2023
The company said it is one of the first major payment institutions to use directly the Solana network for settlements
Visa Expands Stablecoin Settlement to Solana and Merchant Acquirers
5.9.2023
Visa is taking a step in advancing digital currency adoption by expanding its stablecoin settlement capabilities to the Solana blockchain network. The payments giant also announced new pilot programs with merchant acquirers Worldpay and Nuvei to explore streamlining settlement in the Circle-issued...
BitGo Signs Strategic Agreement With Korean Heavyweight Hana Bank
5.9.2023
The Californian company will develop custody services and security solutions, local media reported
Traditional Finance Exchanges Divided on Crypto Services: Survey
5.9.2023
A World Federation of Exchanges survey found 41% of respondents already offer crypto-related products or services, with a further 24% planning to offer them in the future
Steve Cohen’s Point72 Ventures Leads $15M Fundraising in Swiss Fintech GenTwo
5.9.2023
The firm plans to use the funding to grow internationally and develop the company’s financial engineering platform
India's Finance Minister Says Discussions Underway on Global Framework to Regulate Crypto Ahead of G20 Summit
5.9.2023
India’s Finance Minister Nirmala Sitharaman confirmed that discussions are underway on global crypto regulations ahead of the G20 summit.
India is all set to chair the upcoming G20 meeting between world’s most powerful countries later this week where crypto regulations is going to be one of...
Blockchain Developer Cronos Labs Kicks Off Search for Participants in $100M Accelerator Program
5.9.2023
Cronos Labs has also signed up Google Cloud, Amazon Web Services and blockchain security specialists PeckShield and Certik as mentors for the program
Bitcoin Spot ETF – Is Gary Gensler the Putin of Finance? This Top Lawyer Thinks So, BlackRock and Fidelity Approvals Closer Now
4.9.2023
The Bitcoin Spot ETF delay leads one prominent New York corporate regulatory lawyer, and a Special Professor of Law at Hofstra Law School, to say, “Gary Gensler reminds me a little bit of Putin” in his attitude to crypto.
US Securities and Exchange Commission (SEC) Chair Gary Gensler stands...
Crypto Casino Stake Targeted in Reported $40M Exploit
4.9.2023
The cryptocurrency gambling and sports betting website stake has been targeted by a private key exploit, with on-chain analyst Cyvers reporting that $16 million has been withdrawn on the Ethereum network
Synthetix Posts 12.5% Gain Amid Binance Outflows, Bucks Bearish Bitcoin Trend
4.9.2023
The native token of decentralized liquidity platform Synthetix (SNX), rose by 12.5% during European hours on Monday following significant outflows on Binance