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Fraud Lawsuit Against Michael Egorov, the CEO of DeFi Giant Curve, Is Quashed in California
7.9.2023
A judge ruled a California courtroom is the wrong venue since Egorov wasn’t living in the state when the alleged misdeeds took place
FASB's Crypto Accounting Shakeup Could Lure More Corporate Investment, Michael Saylor and Others Argue
7.9.2023
The U.S. accounting standards board yesterday unanimously voted in favor of "fair value" accounting for crypto assets held on corporate balance sheets
Crypto Exchange Kraken's UK Derivatives Unit Looking to Expands Its Service: Bloomberg
7.9.2023
The firm is looking move into a void in the crypto derivatives market left when FTX collapsed last November
Coinbase-Backed Insurance Alternative OpenCover Debuts on Layer 2 Blockchain Base
7.9.2023
OpenCover, which raised $4 million in a seed round led by the likes of NFX and Jump Crypto, received a $200,000 funding bump from Coinbase to bolster its debut on Base
Ark Invest, 21shares, and Vaneck Forge Ahead With Spot Ethereum ETF Applications
7.9.2023
The U.S. Securities and Exchange Commission (SEC) has temporarily postponed its ruling on seven bitcoin exchange-traded fund (ETF) applications. Meanwhile, a fresh wave of applications has emerged, with Ark Invest and 21shares, in addition to Vaneck, seeking approval for spot ethereum ETFs. These...
Report: Nintendo Is Holding Secret Switch 2 Demos For Developers
7.9.2023
A successor to Nintendo’s massively popular Switch gaming console has been rumored for years, but actual Switch 2 hardware now appears to be out in the wild. Eurogamer reports that Nintendo used a special version of The Legend of Zelda: Breath of the Wild to demo the new console for developers...
Tokenization Advocacy Group Wants to Bring the 'Next Trillion' of Assets to Blockchain
7.9.2023
Founding members such as Coinbase, Circle and Aave Companies aim to foster the use of blockchain technology for traditional assets
Blockchain, AI Set to Transform Financial Markets: Moody's
7.9.2023
Incorporating AI and DLT into business models may require "substantial investment" at first – but could help lower expenses and improve market liquidity over time, a new report said
Pantera Capital Leads $16.5M Investment in ZK-Powered DEX Brine Fi at $100M Valuation
7.9.2023
The investment happens at a time when crypto venture capital has mostly dried up and trading volumes plummeted
Depressed Crypto Markets, Regulatory Risks Fail to Dissuade Asset Managers From Investing
7.9.2023
Almost half the 60 buy-side professionals surveyed from U.S. and Europe-based asset managers and hedge funds said they're actively managing digital assets
$500B Korean Asset Manager Taps Polygon Labs to Develop Tokenized Securities Network
7.9.2023
Mirae Asset Management teams up with Ethereum scaling solution Polygon Labs to develop a tokenized securities network and accelerate adopt of Web3 technologies
Cathy Wood's ARK Invest Files for First Spot Ether ETF
6.9.2023
The Ark 21Shares Ethereum ETF is the first attempt to list such a fund in the U.S. that directly invests in ETH, the second largest cryptocurrency by market capitalization
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