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US Presidential Candidate Robert Kennedy Jr Unveils Plan to Back US Dollar With Bitcoin
20.7.2023
U.S. presidential candidate Robert F. Kennedy Jr. (RFK Jr.) has unveiled two new reforms for bitcoin if he is elected president. He plans to back the U.S. dollar with the cryptocurrency and eliminate capital gains taxes on the conversion of bitcoin to USD. RFK Jr. stressed that...
Apple has its own GPT AI system but no stated plans for public release: Report
19.7.2023
The Cupertino, California-based company reportedly developed an internal GPT system on Google infrastructure for employees to tinker with
Nasdaq Halts Crypto Custody Plans Amid Tough US Regulatory Environment
19.7.2023
Adena Friedman, CEO of Nasdaq, the international securities marketplace, announced that the firm is postponing its cryptocurrency custody plans due to the United States’ “regulatory environment.” During a Q2 earnings call, Friedman disclosed that Nasdaq aimed to launch...
Lawyer Says Argentina Should Bin Dollarization Plans, Adopt BTC
13.7.2023
A prominent Argentine lawyer has told a leading presidential candidate to bin his dollarization plans in favor of a Bitcoin (BTC) adoption drive.
The comments were directed at Javier Milei, a right-wing political leader who has been described as a populist by some commentators.
Milei...
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...
Singapore's Investment Conglomerate Temasek Drops Crypto Investment Plans Citing Regulatory Uncertainties
12.7.2023
Singaporean investment conglomerate Temasek has decided to drop its plans to invest in crypto exchanges, due to regulatory uncertainties.
In an interview with CNBC, Temasek’s Chief Investment Officer Rohit Sipahimalani revealed the bitter experience of writing down its entire $275 million...
Russian Parliament Passes Vital “Digital Ruble” Legislation With Plans To Start Tests In August
12.7.2023
As momentum builds around the ‘digital ruble’, the proposed Central Bank Digital Currency (CBDC) of the Russian Federation, the country’s parliament has inched closer to the landmark legislation.
On July 11, the lower parliamentary house, the State Duma passed the bill in its third reading taking...
UK Treasury plans to exclude derivatives and 'unbacked' tokens from regulatory sandbox
11.7.2023
“Until there is more certainty in these frameworks, we are intending to utilise existing regulatory initiatives to develop policy and regulation for this asset class,” said Treasury
Stepn Creator Plans to Give Away $430,000+ in Crypto to Generate Buzz for New Video Game
11.7.2023
Find Satoshi Lab, the team behind the blockchain-powered fitness app STEPN, has revealed its first Web3 video game called 'Gas Hero' and said it would give away some $431,400 in a contest promoting it.
Per Find Satoshi Lab, this is a Web3 social game that will invite users to collect Gas Hero...
Sega Rethinks GameFi Plans, COO Calls Blockchain Gaming 'Boring': Bloomberg
7.7.2023
Sega earlier promised it would carefully assess play-to-earn gaming models and NFTs to make sure its efforts in the space weren’t seen as “simply money making.”
Sega Bins Blockchain Plans, Calls F2P Games 'Boring'
7.7.2023
In April 2021, at the height of Web 3 Mania, Sega was one of the biggest companies to pledge its future to the scam that was “play to earn”. Now, just two years later and after the ass has completely fallen out of that market, Sega has had a change of heart.Read more
FTX, Three Arrows, and SEC Join Forces Against BlockFi's Bankruptcy Plans, Unveiling Billion-Dollar Dispute
6.7.2023
FTX, Three Arrows Capital (3AC), and the Securities and Exchange Commission (SEC) have united against BlockFi's bankruptcy plans, revealing a billion-dollar dispute that has brought them together.
In a legal filing submitted by FTX on June 7, it has been argued that BlockFi's proposed plans...
BlockFi Bankruptcy Plans Opposed by FTX, Three Arrows, and SEC
6.7.2023
Multiple defunct crypto companies are now scrambling to resolve complex financial ties as they seek to repay creditors and customers
Starknet Plans ‘Quantum Leap’ Upgrade Next Week After Testnet Version Deployed
5.7.2023
The upgrade will increase the number of transactions per second the blockchain can handle as well as reduce the time-to-inclusion
US reportedly plans to restrict China’s access to cloud computing services
5.7.2023
Report says sources close to the situation have said U.S. officials plan to restrict Chinese companies’ access to cloud computing services as a security measure
Report: Revolut to Delist Polygon, Solana, and Cardano Amidst Evolving US Regulations
3.7.2023
According to a report published on Monday, the British fintech firm Revolut plans to delist the cryptocurrency assets polygon, solana, and cardano from its U.S.-based platform. Revolut cited evolving regulations in the United States, and users will need to sell the three tokens by September 18th....
Singapore Plans to Safeguard Cryptocurrency Investments with New Trust Requirement
3.7.2023
Singapore has announced plans to impose a trust requirement on cryptocurrency exchanges in a bid to instill confidence in the market and protect investors from potential losses.
On Monday, the Monetary Authority of Singapore (MAS) stated that cryptocurrency exchanges will be required to keep...
CME Group Announces Plans to Launch ETH to BTC Ratio Futures
29.6.2023
Derivatives exchange CME Group plans to launch ether/bitcoin (ETH/BTC) ratio futures on July 31, if approved by regulators, the company announced Thursday
Slovakia Significantly Lowers Crypto Tax Rates Amid Digital Euro Fears
29.6.2023
The deputies of Slovakia's National Council, the country's legislative body, voted on June 28 to endorse an amendment that will reduce the taxation of cryptocurrencies in the country.
Per the approval, the personal income tax for profits made from the sale of cryptocurrencies, held by the user...
Swiss Central Bank to Launch Wholesale CBDC Soon Says Chairman Thomas Jordan
28.6.2023
The Swiss National Bank (SNB) said it plans to issue a wholesale central bank digital currency as a pilot via SIX Digital Exchange, a subsidiary of SIX, an operator of infrastructure for the Swiss and Spanish financial centers. SNB chairman Thomas Jordan said while the Central Bank has not ruled...