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Crypto Influencer Arrested by Hong Kong Authorities in JPEX Probe
18.9.2023
Hong Kong authorities have apprehended social media influencer Joseph Lam (Lin Zuo) for his involvement in the troubled JPEX exchange.
Lam, a trained lawyer turned insurance agent, is among the six individuals detained by the authorities in connection with the exchange, according...
Kazakhstan Sets Up National Payment Corporation To Lead CBDC Efforts
18.9.2023
The National Bank of Kazakhstan (NBK) has unveiled the National Payment Corporation (NPC), a body charged with the implementation of digital financial infrastructure and the digital tenge.
According to an official press release on Sept 15, the NPC will oversee efforts at rolling out the county’s...
Citigroup Launches New Blockchain-Powered Tokenization Service for Institutional Clients – A Boost to Crypto Adoption?
18.9.2023
Major US investment banking conglomerate Citigroup has made its first major foray into the world of crypto and blockchains with the launch of a new token service, as the bank looks to leverage distributed ledger technology (DLT) to improve its product offerings....
Read More: Citigroup Launches...
Fully-Insured Crypto Staking Service in the Works by German Finance Leaders
18.9.2023
Boerse Stuttgart Digital, the crypto-focused division of the Stuttgart Stock Exchange, has revealed plans to launch a fully insured cryptocurrency staking service.
Boerse Stuttgart Digital is a subsidiary of the Boerse Stuttgart Group, which calls itself Europe's sixth-largest stock exchange...
Crypto VC Firm Blockchain Capital Raises $580M for 2 New Funds
18.9.2023
Most of the firm's limited partners are traditional institutional investors, including university endowments, private foundations, financial institutions, sovereign wealth funds and U.S. pension plans
Decentralized finance needs alternatives to blockchain
18.9.2023
Critics often overlook the inconvenient fact that “decentralized” blockchains in fact depend on centralized points of failure that have the potential to corrupt entire ecosystems
FTX Crypto Asset Sales Will Not Crash The Market: Coinbase Report
18.9.2023
Digital asset exchange, Coinbase has said in a new report that a potential liquidation of FTX’s crypto holdings will not negatively affect the market.
This analysis comes after widespread fears that the liquidation of FTX digital assets to investors worth over $3.4 billion will lead to a sharp...
Taiwan Calls El Salvador Authorities to Establish Virtual Assets Bureau For Enhanced Crypto Regulations
18.9.2023
Taiwan’s Crypto Association has established talks with the El Salvador authorities – the Central Bank, the Virtual Assets Bureau, and the Presidential Palace – calling for enhanced crypto regulations.
According to a Wu Blockchain report, Taiwan regulators have communicated with El Salvador’s...
tripleS to make Southeast Asian debut at Philippine Blockchain Week
18.9.2023
MANILA– K-Pop mania will reach new heights in Manila when four members of tripleS stage their first-ever Southeast Asian performance on September 21! Philippine fans can look forward to watching YooYeon, SooMin, NaKyoung, and YeonJi perform live, while a privileged few will have the chance...
First Mover Americas: Friend.tech Drives Up Coinbase’s Base Blockchain Activity
18.9.2023
The latest price moves in bitcoin (BTC) and crypto markets in context for Sept. 18, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Ant Group Reportedly Plans Withdrawal from $100 Million Crypto Venture A&T Capital
18.9.2023
The Chinese fintech giant Ant Group is in the process of withdrawing its investment from the $100 million A&T Capital fund that was set up to invest in offshore crypto projects, Bloomberg reported today.
A&T played a central role in Ant Group's foray into crypto space.
A&T Capital has invested...
Bosch, EU and blockchain companies to build decentralized IoT: IAA Mobility
18.9.2023
Bosch and the Peaq network explain how the future of the Internet of Things and the Economy of Things will come via decentralization and on-chain automation
Crypto Advocates Among Arnault Heirs: LVMH's Succession in Focus
18.9.2023
The luxury conglomerate LVMH, headed by CEO Bernard Arnault, is facing a pivotal moment in its history as the business magnate decides which of his five children will inherit his vast empire.
This decision could significantly impact the adoption of crypto and blockchain technology within...
Thing Token Shoots Up 1,000% and Blockchain Analysts Say This Lesser Known Crypto is Next – How to Buy Early?
18.9.2023
As on-chain market activity continues to drive sensational gains in crypto markets, Nothing Token ($THING) has emerged as one of the latest break-out tokens on the market with an impressive +1,000% run poising price structure for a second rally-leg.
This comes amid a wave of activity in...
IOTA makes 4 key decisions with the Stardust upgrade
18.9.2023
IOTA has announced its four key decisions. These have come at a time when it is simultaneously introducing the Stardust upgrade. Making this interesting is the $IOTA tokenomics, which is set to evolve for the better. The overall objective of IOTA is to expand the utility and token economies that...
Softbank Looking to Invest Billions in AI After Pausing Crypto Investments
18.9.2023
Softbank, one of the largest investment management conglomerates in the world, is reportedly eyeing several investments in the artificial intelligence (AI) field after having paused its crypto investments. According to the Financial Times, Softbank founder and chief executive officer Masayoshi...
Crypto Exchange JPEX Suspends Earn Trading Amid Ongoing Investigations in Hong Kong
18.9.2023
Cryptocurrency platform JPEX, headquartered in Dubai, is reportedly shutting down some of its operations, as the exchange is facing a probe from Hong Kong police and the financial regulator over suspected fraud.
The company announced Sunday that it would “delist” all transactions associated with...
Ether Trading at 27% Discount to Fair Value, New Research Shows
18.9.2023
Ether is trading at a 27% discount to its fair value, according to research firm RXR's blended Metcalfe law-centric valuation model, which incorporates active user adoption of layer 2 scaling networks
NFL Star Trevor Lawrence and Two Other Celebrities Settle FTX Lawsuit
18.9.2023
Three high-profile figures, including NFL quarterback Trevor Lawrence and popular YouTubers Kevin Paffrath and Tom Nash, have chosen to settle a lawsuit relating to their promotional activities for the now-defunct cryptocurrency exchange FTX.
While the exact terms of the settlements have not been...
US House Financial Services Committee Advances Bill to Block Digital Dollar Launch
18.9.2023
The United States House Financial Services Committee is going forward with the legislative measures aimed at controlling the issuance of a digital dollar.
Chairman Patrick McHenry recently announced that the Committee has scheduled a markup session for two crucial bills related to the potential...