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Tether issues $610M debt financing to Bitcoin miner Northern Data
2.11.2023
In September 2023, Tether also invested an undisclosed amount in Northern Data in a move backing AI initiatives
Biden Administration Issues Landmark AI Executive Order
31.10.2023
United States president Joe Biden has issued an executive order to establish new rules and standards that artificial intelligence (AI) companies will have to follow to secure the leadership of America in the field. The executive order also ostensibly seeks to protect the privacy of citizens...
Indian Think Tank Urges WTO Members to Prioritize Crypto Discussions in E-Commerce Negotiations
30.10.2023
Indian think tank Global Trade Research Initiative (GTRI) is seeking to incorporate crypto discussions into the WTO e-commerce framework. India has asked the WHO member countries to include crypto-related issues while negotiating any agreement on the e-commerce sector. The crypto market...
UK Issues Over 200 Alerts Against Crypto Firms Allegedly Breaking Promotion Rules
27.10.2023
Britain’s Financial Conduct Authority (FCA) has issued hundreds of alerts regarding companies “illegally promoting crypto assets to U.K. consumers.” The regulator also highlighted several “common issues” with crypto promotions it has identified since it imposed stricter marketing rules earlier this...
USDC Issuer Circle Collaborates with Taiwanese Firms to Bring Loyalty Points to Crypto Services
26.10.2023
Global fintech firm Circle, which issues dollar-pegged USDC stablecoin, will soon offer loyalty points to stablecoin conversion service in Taiwan. Circle has collaborated with two Taiwanese firms – crypto exchange BitoGroup and convenience store chain Taiwan FamilyMart – to launch...
“We Obtained Judgments Worth $5 Billion” Gary Gensler Recounts Achievements Amid Backlash
26.10.2023
The head of the Securities and Exchange Commission (SEC) Gary Gensler disclosed a summary of the agency’s performance in its quest to promote a more transparent market. In his speech at the 2023 Securities Enforcement Forum titled, “Partners of Honest Business and Prosecutors...
UK Financial Watchdog Flags “Common” Failures in Crypto Marketing
25.10.2023
The Financial Conduct Authority (FCA) has identified some recurring issues in the marketing of cryptoassets following the implementation of new regulations on October 8. In a Wednesday blog post, the FCA highlighted three primary problems, which include misleading claims regarding...
Binance Crypto Withdrawals Temporarily Unavailable Due to Technical Issues
25.10.2023
Withdrawals on cryptocurrency exchange Binance are temporarily unavailable due to a "technical issue," according to a post on the exchange's X account
US Court issues mandate for Grayscale ruling, paving way for SEC to review spot Bitcoin ETF
23.10.2023
The court decision was expected by many after the SEC did not appeal an Aug. 29 ruling requiring Grayscale's Bitcoin ETF application to be reviewed
FinCEN issues alert regarding crypto transactions connected to Hamas
20.10.2023
The government department warned virtual asset service providers and other financial institutions to “identify and report suspicious transactions” related to terrorist groups
NYC Transit App Is Like Pokémon Go For Rats
18.10.2023
If you live in New York City, you have seen your fair share of rats. There’s the infamous pizza rat, Scabby the Rat, the recently appointed Rat Czar, and just an overall deluge of the (I think) adorable critters skittering about the city that never sleeps. Now, you can seek out those rats in...
Twitch Star Hasan Piker Raises A Huge Amount Of Money For Palestine
17.10.2023
Twitch streamer Hasan “Hasanabi” Piker often gets hate from detractors who claim that there’s an inherent hypocrisy between his own accumulation of wealth and his constant advocacy for workers and disenfranchised communities, despite the fact that he routinely walks the walk in addition to talking...
Lido Finance discloses 20 slashing events due to validator config issues
12.10.2023
The initial impact amounted to 20 Ether, worth $31,000, while the validator involved has now been taken offline
Bank of Canada Study: CBDC Can Help Overcome Inclusion Issues
10.10.2023
A recent study conducted by the Bank of Canada delved into the role a central bank digital currency (CBDC) would play in improving financial inclusion, digital inclusion, and accessibility. The study concludes that while the Canadian financial ecosystem is inclusive, a CBDC might help tackle...
Hong Kong Police Issues Warning After Binance Users Lose $450K in Phishing Scams
10.10.2023
The Hong Kong police force has issued an alert after 11 Binance users in the region fell victim to phishing scams, losing over $450,000 combined.
Through its CyberDefender program, Hong Kong police warned that fraudsters impersonating Binance sent texts claiming accounts needed verification...
UK Regulator Issues 146 Crypto Alerts Within 24 Hours
10.10.2023
British financial regulator, the Financial Conduct Authority (FCA), has issued 146 crypto promotion alerts in the first 24 hours of its new crypto marketing regime. “We expect businesses including social media platforms, app stores, search engines, domain name registrars, and payments firms...
HTX claws back $8M in stolen funds, issues 250 ETH bounty to hacker
8.10.2023
HTX was drained of 5,000 ETH in late September, and moved swiftly to get the funds back from the hacker
Russian President Putin Says US Dollar-Based Global Financial System Is Collapsing
8.10.2023
Russian President Vladimir Putin has stated that the U.S. dollar-based global financial system is gradually collapsing. “After all, a currency is a derivative of the power of the economy of the country that issues this currency,” Putin noted, emphasizing: “The share of...
Binance's Spot Market Share Dips to 34.3% – What's Behind the Decline?
6.10.2023
According to yesterday's report by cryptocurrency data provider CCData, Binance's spot market share has seen a notable decline, falling from 38.5% in August to 34.3% in September. This marks the seventh consecutive month of decreasing spot market share for the world's leading cryptocurrency...
Ripple Gains a Victory as Judge Torres Rejects SEC’s Interlocutory Appeal
4.10.2023
U.S. District Judge Analisa Torres rejected the Securities and Exchange Commission’s interlocutory appeal in the regulator’s lawsuit against Ripple, noting the SEC failed to explain why her prior decision was faulty. Torres set a trial date for April 2024 to address the remaining...