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Blockchain Association Sues OFAC Over Sanctions on Tornado Cash
21.11.2023
Source: US Department of Treasury Blockchain Association, the crypto advocacy group, has filed an amicus brief with the US Office of Foreign Assets Control (OFAC). The Association has criticized the agency’s decision to sanction crypto mixer Tornado Cash, pointing out the regulatory repercussions....
FTX-Linked Anthropic Declines OpenAI’s Merger and Leadership Offer
21.11.2023
Source: OpenAI / Anthropic Amid leadership changes at OpenAI, Anthropic, backed by FTX, has turned down an offer to merge and take on a leading role, according to The Information. The Information reports that after OpenAI’s board fired the former CEO Sam Altman, the company approached its rival...
DWF Labs and MovieBloc partner to decentralize the film industry
21.11.2023
DWF Labs has partnered with MovieBloc, which will facilitate the company’s consistent promotion of the innovative platform’s development. DWF Labs is widely recognized as a global leader in the production of digital assets. In addition, it makes investments at multiple levels in Web3....
SEC Accuses Kraken of Operating Unregistered Platform, Kraken Responds
21.11.2023
Source: Kraken The U.S. Securities and Exchange Commission (SEC) has initiated legal proceedings against the cryptocurrency exchange Kraken, claiming it has been operating an unregistered securities trading platform. The SEC filed the lawsuit in North District of California against the parent firms...
Crypto Exchanges Including OKX, Bybit & Bitstamp ‘Working with Russian Arbitrators’ on Bankruptcy Cases
21.11.2023
Source: Oleg/Adobe One of Russia’s biggest banks says international crypto exchanges such as OKX, Bybit, and Bitstamp are “cooperating with Russian arbitration managers” in bankruptcy investigations. Per Vedomosti, the Sberbank enforcement and bankruptcy department chief Evgeny Akimov said that...
Another Overseas Crypto Exchange Wants to Break into South Korean Market
21.11.2023
Source: JorgeEduardo/Adobe Another international crypto exchange wants to gain a foothold in the elusive South Korean market, with a platform named Bitbest planning to launch in 2024. Per the South Korean media outlet Fn Today, the firm said it had launched a “global site” ahead of the “official...
Blockchain Association files support in suit to lift Tornado Cash sanctions
21.11.2023
The crypto advocacy group said OFAC must act within its statutory authority by sanctioning bad actors, not open-source software tools
Digital Asset Funds Record $176 Million Inflows as Market Rebounds: Here’s More
20.11.2023
Source: Adobe / Luisa The digital asset market continues to notch multiple wins in recent months as it recovers losses recorded in previous months with multiple assets soaring to yearly all-time highs. A new CoinShares Weekly Asset Flow report shows a massive increase in investor sentiments over...
Coinbase Becomes Custodian for WisdomTree’s Bitcoin ETF, Aiming for SEC Approval
20.11.2023
Source: Adobe / prima91 Crypto exchange Coinbase (COIN) will be the official custodian for WisdomTree’s spot Bitcoin ETF, according to the asset manager’s recently amended S-1 filing. “Coinbase Custody Trust Company LLC is the custodian of the Trust with respect to the Trust’s bitcoin holdings,”...
Dfinity Foundation and Singularitynet Partner to Transform Decentralized AI with Blockchain Integration
20.11.2023
The Dfinity Foundation and Singularitynet have announced an initiative to merge the Internet Computer blockchain with Singularitynet’s marketplace. This collaboration aims to transform the accessibility and transparency of decentralized large language models. By integrating these advanced...
Cathie Wood’s Ark Invest and 21Shares Amend Bitcoin Spot ETF Application
20.11.2023
Image Source: iStock Cathie Wood’s Ark Invest has made a recent amendment to its spot Bitcoin exchange-traded fund (ETF) application in collaboration with 21Shares. The amended filing, dated November 20, offers insights into the proposed spot Bitcoin ETF, focusing on critical aspects such...
Canadian Regulators Call for Feedback on Crypto Reporting Guidelines
20.11.2023
Canadian regulators launched a consultation today asking for feedback in regards to public disclosure of crypto assets from federally regulated financial institutions (FRFIs). Digital innovation internationally “Digital innovation is transforming how we transact, manage money, and view value...
Crypto Markets Chop as Reports Emerge That US DoJ Wants Over $4 Billion From Binance to Settle Yearlong Investigation – Here’s The Latest
20.11.2023
Binance Logo / Source: Adobe The US Department of Justice (DoJ) is seeking a settlement of more than $4 billion from the world’s largest crypto exchange Binance as a proposed resolution to a yearlong investigation into the exchange, Bloomberg reported on Monday citing people familiar with...
Political donations aplenty: Event recap for North American Blockchain Summit
20.11.2023
Republican presidential candidate Vivek Ramaswamy, Independent presidential candidate Robert F. Kennedy, Jr. and many U.S. lawmakers were in attendance at NABS 2023
Vega Protocol Introduces Perpetual Futures
20.11.2023
Source: Pixabay Trading-focused blockchain Vega Protocol has launched the first perpetual futures market on its network. In an X post published on Monday, the company said that perpetual futures would allow its users to “trade with leverage, unmatched capital efficiency and great UX on...
Tether Confiscates 225M USDT Involved in Pig Butchering Romance Scam
20.11.2023
Source: AdobeStock After months of investigation, USDT stablecoin maker Tether has announced the confiscation of $225 million of its tokens involved in a pig butchering romance scam. The announcement, conveyed through a press release, detailed Tether’s collaboration with the OKX crypto...
CoinDesk Media Site Acquired by Crypto Exchange Bullish – Here’s the Latest
20.11.2023
CoinDesk X Crypto media website CoinDesk has just been acquired by cryptocurrency exchange Bullish in an undisclosed all cash deal, the Wall Street Journal reported on Monday. Bullish, which is run by former New York Stock Exchange (NYSE) President Tom Farley, said that the acquisition won’t impact...
Solana's Latest Block Explorer Shoots for Simplicity
20.11.2023
The team behind SolanaFM thinks the new block explorer will be more accessible
Ethereum Price Prediction as ETH Breaches $2,000 Resistance – Time to Buy?
20.11.2023
Ether (ETH) Chart / Source: TradingView Ether (ETH), the cryptocurrency that powers the smart-contract-enabled Ethereum blockchain, has pushed back to the north of the $2,000 per token mark on Monday, extending its gains since last week’s near-$1,900 lows to above 6%. The rally comes as the broader...
Poloniex Crypto Exchange Reveals Hacker’s Identity, Offers $10 Million Bounty
20.11.2023
Source: AdobeStock / Tomasz Bidermann Digital asset exchange, Poloniex has uncovered the identity of the hacker who stole over $100 million from its wallet offering a $10 million bounty for a smooth recovery process. Blockchain security firm PeckShield revealed that Poloniex has made progress...