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Deutsche Bank and Standard Chartered Ventures Test SWIFT Killer for Stablecoins and CBDCs
26.10.2023
The UDPN currently comprises about 25 organizations, including banks from the U.S, Australia, Latin America and Europe, running around ten proof-of-concept tests in parallel
FTX Cold Wallets Move $19M in Solana, Ether to Crypto Exchanges
26.10.2023
The debtor group in control of FTX assets has conducted various on-chain transactions in the past few weeks
Nigeria Plans to Include Fintechs in Broadened Official Currency Market
26.10.2023
A Nigerian official recently said the foreign exchange-starved country plans to include “legitimate” market participants like bureaux de change and financial technology companies in the official forex currency market. Finance Minister Wale Edun also said the country will receive...
Memeland, a Web3 Project Built by 9GAG's Team, Secures $10M Minutes After Going Live
26.10.2023
The Web3 venture lab is built by team members who previously worked on 9GAG, an immensely popular meme site
Dogecoin, Shiba Inu Jump 9% as Crypto Traders Take Riskier Bets
26.10.2023
The two popular meme coins have mostly underperformed crypto majors in the past week
California Enacts Digital Financial Assets Law
26.10.2023
On October 13, 2023, California enacted the Digital Financial Assets law. This law is California’s first comprehensive framework for regulation of digital asset markets, and some of its provisions may sound familiar to those versed in the state’s money transmitter licensing requirements. Under this...
Grayscale Bitcoin Trust Outshines Nvidia With 220% Gain This Year
26.10.2023
"GBTC is the gift that keeps giving," one observer said
Sam Bankman-Fried May Testify to Role of Lawyers, 'Good Faith' Efforts, Filing Says
26.10.2023
In a series of filings throughout Thursday, the Department of Justice and Sam Bankman-Fried's defense crossed swords on issues ranging from charts the defendant wants to use in his testimony to an ongoing question of whether the defense can rely on a presence of counsel argument
Ex-FTX Chief’s Defense Team Challenges FBI Interviews, Raises Questions About Witness Credibility
26.10.2023
On Wednesday, the defense team for the former FTX CEO Sam Bankman-Fried issued a letter to the judge seeking to question two FBI agents who interviewed Gary Wang, former chief technology officer of FTX, and Nishad Singh, former director of engineering at FTX. Lawyers allege the witnesses provided...
Catching Up on a Lot of Stuff
26.10.2023
I poked my head out of the Sam Bankman-Fried trial just long enough for my entire panel of House lawmakers at CoinDesk's policy event in Washington, D.C. to cancel, leading to a very impromptu session instead. Unfortunately that's not enough time to really dig into any of the things that's happened...
Elon Musk, Vivek Ramaswamy Warn of Increasing World War III Risk — ‘The US as We Know It Will Cease to Exist’
26.10.2023
Tesla CEO Elon Musk and U.S. presidential candidate Vivek Ramaswamy have cautioned about the increasing risk of World War III erupting. “I think we are sleepwalking our way into World War III,” Musk said. Ramaswamy warned: “If we enter a major conflict, anything resembling World...
JPMorgan CEO Jamie Dimon Sees Nuclear Proliferation as ‘Most Serious Thing Facing Mankind’
26.10.2023
JPMorgan Chase CEO Jamie Dimon has identified nuclear proliferation as “the most serious thing facing mankind.” According to the United Nations, “the risk of a nuclear weapon being used is currently higher than at any time since the depths of the Cold War.” Dimon also pointed out that...
Lesser-known Johnson Wins Speaker Job as Crypto-focused Lawmakers Return to Old Roles
26.10.2023
After several failed attempts, Republicans in the U.S. House of Representatives dug deep into their roster to elevate a less prominent and less controversial lawmaker, Rep. Mike Johnson (R-La.), as the new Speaker of the House
Binance Blasts CFTC for Trying to Be World’s Derivatives Police, Seeks to Dismiss Lawsuit
26.10.2023
Binance has submitted a new motion to dismiss the lawsuit filed by the U.S. Commodity Futures Trading Commission (CFTC) against it. The leading cryptocurrency exchange urges the court to reject the agency’s attempt to expand its territorial reach beyond the United States. Binance Accuses CFTC...
Hobbled Crypto Exchange's Creditors Are Suing Its CEO and Want to Claw Back Money From 'Bitcoin Jesus'
26.10.2023
CoinFLEX CEO Mark Lamb breached his fiduciary duty when he created a new company, OPNX, with the founders of failed crypto hedge fund Three Arrows Capital, creditors argue. They are also critical of a deal Lamb struck with early BTC evangelist Roger Ver
Bitmain Unveils New T21 Bitcoin Miner; Offers BTC Fluctuation Protection Plan
25.10.2023
On Wednesday, the bitcoin mining rig manufacturer Bitmain announced the introduction of a new air-cooled BTC miner, the T21 Antminer. The new device boasts a production capacity of up to 190 terahash per second (TH/s) and maintains an efficiency ratio of approximately 19 joules per terahash (J/T)....
Bitcoin Dominance Hits Fresh 30-Month High as Ether, Altcoins Lag in Rally
25.10.2023
Bitcoin's [BTC] market share of all cryptocurrencies rose to a fresh 30-month high Wednesday as BTC continues to beat most altcoins or alternative cryptocurrencies
How Japan Is Leading the Race to Regulate Stablecoins
25.10.2023
Japan’s stablecoin regulations attempt to address some of the biggest fears about major stablecoins: Do issuers really have the assets to back them?
FTX Debtors Evaluate Bids for Dormant Crypto Exchange’s Revival
25.10.2023
Insiders reveal that FTX creditors are sifting through bids from various entities eager to breathe life into the dormant crypto exchange. The company’s investment banker highlighted that FTX interacts with “multiple parties every day.” FTX Creditors Sift Through Offers...
Pepe Price Pumps 60% But Next Big Meme Coin to Explode Meme Kombat Can 100x For Early Presale Investors After Hitting $700,000
25.10.2023
Wednesday, October 25th, 2023 – Pepe’s price has pumped 60% to $0.0001155 over the past seven days, but it is the next big meme coin Meme Kombat that is ready to explode 100x after raising $709,000 in its presale. Since bottoming on October 20, the Pepe price has been on a roll....