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Voyager's token transfer to Coinbase grows selloff suspicions
13.8.2023
The motive behind these transactions has triggered more speculation within the larger crypto community
Binance Japan to Use KYC Services From Liquid
13.8.2023
The world’s leading cryptocurrency exchange, Binance, has selected Liquid as an identity verification partner for its Japanese platform. The services of the Tokyo-headquartered biometrics firm will allow Binance Japan to ensure its know-your-customer (KYC) procedures comply with Japan’s strict...
Coinbase gains legal support as scholars file amicus brief
13.8.2023
In their filing, the legal practitioners advocated for the Court to steadfastly adhere to the established definition of the term 'investment contract' when interpreting its scope
Zimbabwe Central Bank Says Gold-Backed Tokens Set to Be Used for ‘Transactional Purposes’
13.8.2023
The Zimbabwean central bank recently said it is close to rolling out gold-backed digital tokens “for transactional purposes.” According to the bank’s governor, the gold-backed digital tokens have already proven to be an effective monetary policy instrument. Central bank governor...
Former SEC Official Warns ‘Crypto Regulatory Onslaught Will Never End’
13.8.2023
The U.S. Securities and Exchange Commission’s former head of internet enforcement has warned that “crypto regulatory onslaught will never end.” He claimed that cryptocurrency trading platforms, like Binance and Coinbase, are simply playing “a short game of regulatory...
Brazil's Congress moves to levy higher taxes on cryptocurrencies
12.8.2023
If approved, the legislation would place crypto assets held by Brazilians overseas subject to the same tax rules governing traditional assets
Nigerian Association of Money Changers Calls for Banning of Binance
12.8.2023
The leader of Nigeria’s Association of currency exchangers has accused the crypto giant Binance of helping to worsen the local currency’s woes and asked authorities to consider banning the platform. The leader suggested that the optimism which ensued after Tinubu’s government floated...
Redefining Possibilities in RWAs: BG Trade Gears Up for 2 Exchange Listings and IDO Debut
12.8.2023
PRESS RELEASE. In the ever-evolving landscape of finance and investments, BG Trade has emerged as a trailblazing platform that reshapes real-world assets (RWA) issuance and trading. The company’s innovative approach introduces a groundbreaking concept known as the “Meta-Asset...
Crypto Exchange Bittrex Settles With SEC — Agrees to Pay $24 Million
12.8.2023
Cryptocurrency exchange Bittrex has agreed to settle charges with the U.S. Securities and Exchange Commission (SEC). Bittrex and Bittrex Global agreed to pay $24 million. The SEC’s director of enforcement alleged that for years, Bittrex worked with token issuers to “scrub”...
Nigerian Currency Plunges to New Low, Central Bank Says the Naira Is Undervalued
11.8.2023
The Nigerian currency continued its slide versus the greenback when it fell to a new all-time low of NGN950 per dollar. Folashodun Shonubi, the acting governor of the Central Bank of Nigeria, insists that the naira is currently undervalued. The International Monetary Fund (IMF) has said...
Sam Bankman-Fried is Heading Back to Jail For Witness Tampering After Judge Ruling
11.8.2023
Disgraced former FTX CEO Sam Bankman-Fried is being sent back to jail over alleged witness tampering.
US District Judge Lewis Kaplan stated that there is probable cause to believe that the defendant attempted to tamper with witnesses on at least two occasions.
Bankman-Fried had been staying...
Spot Bitcoin ETF Applications Face More Delays
11.8.2023
The U.S. Securities and Exchange Commission (SEC) on Friday asked for additional public feedback on a proposal to list a spot bitcoin exchange-traded fund (ETF), likely delaying any decision on the high-profile applications. SEC Seeks Public Opinion on Spot Bitcoin ETF The SEC put out a 34-page...
Here’s what happened in crypto today
11.8.2023
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation
Worldcoin Value Plummets 24% in Week Amid Increase in Unique Addresses, Strong Hold by Top Wallets
11.8.2023
In the course of the previous week, the value of worldcoin (WLD) against the U.S. dollar has plummeted by 24.6%, while a broader view of the past fortnight reveals a decline of 21.4%. Simultaneously, five days ago when the contract recorded 408,721 unique addresses in possession of WLD, the figure...
5 things crypto must get right for mainstream adoption to happen
11.8.2023
Mainstream crypto adoption will require an enormous effort, and it’s still likely to be several years away
Bitcoin trader reveals 'important' BTC price zone as bulls hold $29.3K
11.8.2023
Bitcoin traders continue to battle for control of a rangebound market — but some nearby BTC price levels are more significant than others
Bitcoin trader reveals ‘important’ BTC price zone as bulls hold $29.3K
11.8.2023
Bitcoin traders continue to battle for control of a rangebound market — but some nearby BTC price levels are more significant than others
Gemini unlocks XRP Ledger: amplifies Crypto possibilities
11.8.2023
Gemini, a well-known cryptocurrency exchange, has announced its latest support for XRP Ledger (XRP), a significant addition to the platform’s constantly growing list of compatible blockchain networks. This is exciting news. Traders and enthusiasts now have the opportunity to take part in...
SEC Could Approve Spot Bitcoin ETF Within 6 Months, Says Mike Novogratz
11.8.2023
Galaxy Digital CEO Mike Novogratz is optimistic that the U.S. Securities and Exchange Commission (SEC) could approve a spot bitcoin exchange-traded fund (ETF) within four to six months. The executive cited his contacts at Blackrock, the world’s largest asset manager, and investment...
SEC Isn’t Appealing Whether XRP Is a Security, Lawyer Clarifies
11.8.2023
The U.S. Securities and Exchange Commission (SEC) is not appealing District Judge Analisa Torres’ ruling that XRP is not a security, a lawyer has explained. The securities regulator is appealing “programmatic and individual sales issues,” he clarified, adding that “If...