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Aptos CEO Defends 'Fair' Tokenomics That Prompted Community Backlash
4.11.2022
The CEO of Aptos, the newly launched layer 1 blockchain that went live last month, defended the token allocation following a wave of criticism from its community
Mark Cuban-Backed Multichain Wallet Launches $3 Million Aptos Ecosystem Fund to Onboard New Users
4.11.2022
Blocto, a multichain wallet has announced the launch of a $3 million Aptos Ecosystem Fund whose objective is to help onboard new users to Aptos. Besides financially supporting projects, the Aptos fund will be used to back standout projects when they get to the “user acquisition phase.”...
Bakkt Acquires Turnkey Platform Apex Crypto to Bolster Digital Asset Footprint
4.11.2022
Digital asset manager Bakkt Holdings, Inc., announced on Thursday that the company has acquired the firm Apex Crypto from Apex Fintech Solutions. Bakkt detailed that the acquisition of the turnkey crypto platform aims to “bolster Bakkt’s cryptocurrency product offering and expand...
Swiss Financial Watchdog Releases Revised AML Ordinance, Clarifies Crypto Requirements
4.11.2022
The Swiss financial regulator has published its updated anti-money laundering (AML) ordinance, noting it’s extending the coverage to include blockchain trading platforms. It also clarified certain reporting and identification requirements that apply to crypto transactions. Financial Authorities...
Singapore Approves In-Principle License for Crypto Fund Manager Hashkey
4.11.2022
The license from the Monetary Authority of Singapore will allow Hashkey Capital's local arm to conduct fund management services
JPMorgan, DBS Bank, SBI Complete Live Defi Trades on Public Blockchain
4.11.2022
JPMorgan, DBS Bank, and SBI Digital Asset Holdings have completed their first lives trades on a public blockchain using decentralized finance (defi), tokenized deposits, and verifiable credentials under the supervision of the Monetary Authority of Singapore (MAS). Singapore’s central bank...
First Mover Asia: Alameda Research, FTX Are Bound to Each Other; Bitcoin Trades Sidways, Dogecoin Plunges Late as Twitter Halts Work on Crypto Wallet
4.11.2022
US Lawmakers Accuse Gary Gensler of ‘Hypocritical Mismanagement of SEC’ — Say the Chairman ‘Refuses to Practice What He Preaches’
4.11.2022
Four congressmen have accused the U.S. Securities and Exchange Commission (SEC) under Chairman Gary Gensler of “regulatory hypocrisy and inconsistency.” They added: “While the SEC is failing to comply with federal transparency and record-keeping laws, the SEC is aggressively...
Twitter Halts Work on Crypto Wallet: Report; Dogecoin Drops 4%
4.11.2022
The social media platform has been looking to cut costs and find new sources of revenue; DOGE falls below 13 cents
$1B Crypto Hack Fears Spur 20% GALA Plunge, But Firm Implies It Attacked Itself as a Safeguard
4.11.2022
Routing protocol pNetwork said it's working with Gala on a "misconfiguration" and that "all GALA tokens on Ethereum as well as the underlying bridge collateral are SAFE."
Binance CEO Sees No Threat to Crypto From Central Bank Digital Currencies — Says CBDCs Will Validate Blockchain Concept
4.11.2022
The CEO of cryptocurrency exchange Binance does not see central bank digital currencies (CBDCs) as a threat to cryptocurrencies, like bitcoin and ether. “It will validate the blockchain concept so that anybody who still has concerns about the technology will say: ‘Ok, our government...
Former Fed Chair Alan Greenspan Says Decreasing Supply of Greenbacks Makes the US Dollar a ‘Better Store of Value’
3.11.2022
On Nov. 2, 2022, the American economist and 13th chairman of the U.S. Federal Reserve, Alan Greenspan, published an opinion editorial that says he envisions a monetary “tailwind” for the U.S. dollar next year. Greenspan expects this to happen even if the Fed decides to pivot its restrictive...
Market Wrap: Ether, Other Cryptos Rise Despite Unsettling Inflationary Concerns
3.11.2022
Bitcoin was trading sideways but other major cryptos were solidly in the green despite a jumbo interest rate hike by the Bank of England and a dip in jobless claims. Market Wrap is CoinDesk’s daily newsletter diving into what happened in today's crypto markets
Circle Begins Putting Reserves Into New BlackRock Fund
3.11.2022
Circle Internet Financial has begun moving the reserves for its USDC stablecoin into a dedicated fund set up by BlackRock Inc. and registered with the U.S. Securities and Exchange Commission, the company disclosed Thursday
Zero Hash Launches Operations in Brazil as First Step in Latin America
3.11.2022
After opening an office in São Paulo, the company now plans to offer execution, settlement and liquidity solutions to clients in the South American country
Canada Announces Crypto, Stablecoin Consultation in New Budget Statement
3.11.2022
Federal government plans to examine crypto, which it said is "transforming financial systems" around the world
Coinbase Deal Shows Google Is Committed to Crypto – How Much Depends on Whom You Ask
3.11.2022
Canadian Energy Provider Hydro-Quebec Proposes Stopping Electricity Supply to Blockchain Industry
3.11.2022
It asked the Canada's energy regulator to suspend the allocation of 270 megawatts already planned for mining in Quebec
Santander UK Puts Limits on Payments to Crypto Exchanges
3.11.2022
The bank takes note of the risks of investing in crypto and rising crypto fraud
Jack Dorsey's Block Sees Drop in Bitcoin Revenue as Consumer Demand, Crypto Prices Slump
3.11.2022
Block cited declines in consumer demand and the price of bitcoin for its bitcoin-based revenue decline