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Wall Street Grapples with Crypto Custody: Nasdaq's Decision Sparks Activity
25.7.2023
A decision by the Nasdaq stock exchange to shelf its plans to launch a crypto custody service has led other US firms to also reconsider their planned push into crypto.
Following the Nasdaq news, major investment bank Citigroup is now also taking time to rethink its approach to crypto, with...
Wyoming seeks stable token commission head in first steps to establish state stablecoin
25.7.2023
The state is looking for someone with connections and expertise in the blockchain industry, promising a $150,000 annual salary
Central Bank of Russia Discusses Digital Ruble Integration With Other Countries
22.7.2023
The Central Bank of Russia (CBR) is already discussing the integration of its central bank digital currency (CBDC), the digital ruble, with other countries’ payment systems. Elvira Nabiullina, Governor of the CBR, declared the bank was exploring different possibilities of integration with...
US state agency issues alert on crypto fraud happening over social media
21.7.2023
Vermont issued the investor alert after a 74-year-old man lost his life savings of over $340,000 in a crypto fraud orchestrated over Instagram and Telegram
Kuwait Capital Markets Authority Reaffirms Comprehensive Crypto Asset Ban
20.7.2023
In a circular released by the Capital Markets Authority of Kuwait, the regulator reaffirmed its position that Kuwait strictly prohibits the use of virtual currencies and bans mining activities within the Gulf state. The authority also emphasized the importance for businesses to inform customers...
Macro State of Crypto – Where It Has Been and What's Next
20.7.2023
Analytics can offer insight into how recent and past crypto and regulatory events have affected prices and movement. Plus: A quick Q&A on retirement funds
Unpacking the Latest Lummis-Gillibrand Bill Draft
18.7.2023
U.S. Senators Cynthia Lummis and Kirsten Gillibrand have developed a second draft of their comprehensive crypto regulation bill. Chances are slim that it will, as a single bill, advance to becoming a law, but it may still drive a broader conversation within Congress on what sort of provisions...
QED: A Zk-Native Blockchain Capable of Serving Millions of Concurrent Users
17.7.2023
PRESS RELEASE. July 17th, 2023, Hong Kong. Startup Open Asset Standards has recently announced QED, the world’s first ZK 2.0 blockchain protocol. Unlike existing zero knowledge blockchain protocols, QED has a novel state model which is horizontally scalable, meaning it is no longer limited...
Texas Blockchain Council director announces run for state house
13.7.2023
The director of Bitcoin mining analytics at the TBC said he was opposed to the Fed's exploration of a central bank digital currency and planned to push for “digital freedom”
Russian State Duma Passes Digital Ruble Law
13.7.2023
The State Duma, the lower house of the Russian Federal Assembly, discussed and passed the Digital Ruble law in its second and third discussion on July 11. The law will allow the Central Bank of Russia, as the sole regulator of the proposed digital currency, to organize a pilot test slated...
Blockchain group to push Philippines Web3 adoption via state partnership
13.7.2023
DICT Director Emmy Lou Versoza-Delfin said there's been a rise in innovative blockchain startups in the country, signaling that the country could be a global leader in blockchain
Temasek Has No Immediate Intentions to Invest in Crypto Exchanges After FTX Loss
13.7.2023
Singapore’s state-owned investment fund Temasek does not plan to put money into crypto firms amid the current regulatory uncertainty, according to a top executive. The statement comes months after Temasek lost $275 million from its involvement in the failed cryptocurrency exchange FTX. Temasek...
Bank of China Expands Digital Yuan Testing to SIM Cards and NFC Payments
13.7.2023
The state-owned financial institution Bank of China has revealed a partnership with China Unicom and China Telecom in order to test SIM cards and near-field communication (NFC) payments tethered to the renminbi. The Bank of China explains that the pilot will be tested by selected users and areas...
Leveraged Yield Protocol Rodeo Finance Initially Loses $1.7 Million in ‘Force-Investment’ Hack
13.7.2023
Rodeo Finance, a leveraged yield protocol on Arbitrum, was on July 10 a victim of a “force-investment” hack in which almost $1.7 million was reportedly stolen. According to Rodeo Finance, about $810,000 has been recovered so far and there are plans to freeze the stolen funds. Protocol...
Coinbase Goes to Court Against the SEC
11.7.2023
Coinbase (COIN) and the Securities and Exchange Commission will meet in court this week. The hearing – the questions asked and the answers given – should provide some hints on how the case may go (for now, anyway)
Best Prime Day Deals So You Stop Running Out Of Storage On Your PS5, Xbox, And Switch
11.7.2023
Games downloads are enormous these days, and they’re showing no signs of getting smaller. Those gigabyte numbers just keep going up, so your storage, whether hard drives, solid-state drives, or microSD cards, must match it. Tomorrow and Wednesday (July 11 and 12) could be a good time to expand your...
The UN holds a robot press conference about the state of AI
10.7.2023
The AI for Good global summit hosted by the UN tech agency invited a panel of robots and their creators to a press conference to answer questions from reporters
Central Bank of Russia: Digital Ruble Could Be Launched as Soon as 2025
8.7.2023
Olga Skorobogatova, first deputy chairman of the Central Bank of Russia, indicated that the launch of the digital ruble, the Russian central bank digital currency (CBDC), could happen in 2025. The pilot test for the CBDC will be organized later this year after the State Duma, the lower house of...
Florida's Financial Regulator Accuse Bittrex Exchange for Violating Several State Laws Before Filing for Bankruptcy
6.7.2023
Bittrex cryptocurrency exchange which filed for Chapter 11 bankruptcy on May 8 in the US state of Delaware, is now accused of violating several laws in the state of Florida.
Florida’s financial regulator has filed a case against the exchange accusing it of violating multiple state laws, prior...
Will 2023 Be the Year of the Bitcoin ETF?
6.7.2023
Excitement over the hoped-for approval of a spot bitcoin exchange-traded fund is back again. This time, financial giant BlackRock’s entrance to the race for an ETF has spurred hope that the Securities and Exchange Commission will approve the long-awaited product, a decade after the crypto industry...