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Tesla’s Bitcoin Portfolio Remains Unchanged at $184M for Third Straight Quarter: Q2 2023 Report
20.7.2023
Tesla’s Q2 2023 Update reveals that the American electric car and clean energy company refrained from selling any of its bitcoin (BTC) or cryptocurrency holdings in the previous quarter. For the past three quarters, Tesla has maintained a digital asset portfolio worth approximately $184...
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...
Societe Generale Becomes First Company to Win French Crypto License
19.7.2023
SG Forge is licensed to provide buying and selling, exchange and custody of digital assets
Ripple Expects Business to Pick Up in the US After Landmark Ruling
19.7.2023
Ripple, a cryptocurrency and remittance services company, expects to start offering its services to U.S.-based businesses after the recent ruling that determines the XRP token is not “necessarily a security” on its face. Stuart Alderoty, Ripple’s CLO, stated the company hopes...
Wallex․US Launches New Non-Custodial Crypto and DeFi Wallet App
19.7.2023
Fintech company Wallex.US has launched a new non-custodial crypto and defi wallet app. The app offers a secure and encrypted way to store, send, and receive more than 150 cryptocurrencies. It also provides real-time chart monitoring and analysis capabilities, as well as easy Pay & Get Paid...
Marathon shareholders file lawsuit against company's top management
18.7.2023
The CEO and other top executives are being accused of a breach of fiduciary duties, unjust enrichment and waste of corporate assets
Sam Altman-Backed Worldcoin Reaches 2 Million Signups
17.7.2023
Worldcoin, a startup that aims to build the “world’s largest identity and financial network as a public utility,” has reached two million sign-ups. The company, which uses its biometric World ID system to differentiate human beings, stated it has more than doubled the number...
Binance Reportedly Lays Off Over 1,000 Employees, CZ Says Exchange Is Hiring
15.7.2023
Leading crypto exchange Binance has cut hundreds of jobs after a string of executive exits, according to a media report. The news, which comes as the coin trading platform marks its sixth anniversary amid increased pressure from regulators, was termed as FUD by founder Changpeng Zhao who said...
SEC Sues Bankrupt Crypto Lender Celsius, Alleges Misrepresentation of Customer Count and Risky Practices
13.7.2023
The U.S. Securities and Exchange Commission has filed a lawsuit against the now-defunct cryptocurrency lender, Celsius. The suit, filed Thursday, also names former CEO Alexander “Alex” Mashinsky as a defendant. Both he and the company stand accused of falsely promising investors a safe...
First Mover Americas: Crypto AI Tokens Rally After Musk Unveils New Company
13.7.2023
The latest price moves in bitcoin (BTC) and crypto markets in context for July 13, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Elon Musk kickstarts new AI company to ‘understand the universe’
12.7.2023
"The goal of xAI is to understand the true nature of the universe," the company wrote
Digital Toy Company Cryptoys Integrating Kid-Friendly AI Chatbot Into NFTs
12.7.2023
The company’s ChatGuardian is designed to be as “safe as possible” and will allow kids to play and interact with their Cryptoys NFT, while allowing parents to filter and control the conversations
US Senator Expresses Concern Over Prometheum Co-CEO’s Congressional Testimony
11.7.2023
On Monday, U.S. senator Thomas Tuberville (R-AL) published an open letter to U.S. attorney general Merrick Garland and Securities and Exchange Commission (SEC) chairman Gary Gensler expressing concern over allegations that Prometheum, Inc., a registered digital asset company, may have provided...
Japanese Gaming Giant Sega to Pull Support From ‘Boring’ Blockchain Games
11.7.2023
Sega, one of the biggest game developers in Japan, has recently announced changes regarding its blockchain and Web3 gaming policy. The company announced it would not involve its largest franchises in blockchain initiatives, avoiding a possible devaluation of its intellectual properties (IPs)...
Ranking Pikachu Clones From Worst To Best
10.7.2023
The Pokémon Company struck gold when it made Pikachu the mascot for its monster-catching series, and was so pleased with the marketable little yellow guy that the developers at Game Freak started including lookalikes in nearly every mainline game that followed. These little guys are typically...
Pokémon Sleep App Will Include Shiny Hunting
10.7.2023
The upcoming Pokémon Sleep tracker app seems to include “shiny” Pokémon, or Pokémon that appear in atypical color variations. Joe Merrick, webmaster of Poké-compendium Serebii.net, noted shinies’ presence in Sleep on Twitter, along with a warning for players: “I hope you’re all prepared for your...
Tom Brady Lost $30 Million in FTX Stock After Exchange’s Collapse, Report
9.7.2023
Former National Football League (NFL) quarterback Tom Brady has reportedly lost tens of millions of U.S. dollars in stock of the failed crypto exchange FTX. Brady is one of several celebrities sued by FTX customers for their endorsements of the collapsed crypto trading platform. Brady and Bündchen...
Gemini Files Lawsuit Against Digital Currency Group and Barry Silbert Alleging Fraud and Deception
7.7.2023
After Gemini co-founder Cameron Winklevoss published an open letter to Digital Currency Group (DCG) CEO and founder Barry Silbert, threatening legal action if the firm failed to respond by July 7, Winklevoss announced on Friday that his company had filed a lawsuit against DCG and Silbert in...
Bitwage Purges USDC Payments for US Residents Due to a ‘More Strict Regulatory Climate’
7.7.2023
Bitwage, a cryptocurrency payroll company, has announced it will remove USDC-based payments for U.S. residents. In an email sent to U.S.-based customers, Bitwage explains removing the second-largest stablecoin by market cap from its platform is related to a “more strict regulatory...
Binance's top strategist departs company amid reported US exec resignations
7.7.2023
Patrick Hillmann confirmed in a tweet that would be departing the company "on good terms" after a two-year stint. The departure comes amid a trying time for Binance