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OKX and Bybit Capitalize as Binance’s Market Share Declines + More News


Source: AdobeStock / Rafael Henrique Get your daily, bite-sized digest of crypto and blockchain-related news – investigating the stories flying under the radar of today’s news. In this edition: OKX and Bybit Capitalize as Binance’s Market Share Declines Safe Partners with Sygnum Bank...

Singapore-Based Crypto Investment Firm Cake Group Files for Liquidation


Source: Pixabay Singapore-based Cake Group, the parent company of crypto platform Bake, is winding up its company and has filed for liquidation. According to a Tech in Asia report, the founder of the crypto investment platform U-Zyn Chua has applied to wind up the Cake Group at a Singapore High...

Singapore, China to Begin Piloting Digital Currency in Tourism Spending Push


Source: AdobeStock / Proxima Studio Singapore’s regulatory body the Monetary Authority of Singapore (MAS)  plans to begin piloting the digital currency “E-CNY” – also known as the digital yuan, in collaboration with China to encourage tourism spending. The two countries first signed a Memorandum...

Bitcoin Boost: GTA VI Trailer Leak Features ‘Buy BTC’ Message


Source: WallStreetBTCX / Twitter Before Rockstar Games had time to release the official version, an anonymous leaker revealed the Grand Theft Auto 6 trailer – donning a buy-BTC ad. There has been a lot of debate over whether the much-anticipated game would feature an in-game cryptoasset. Many...

JPMorgan’s Jamie Dimon Urges Government to Shut Down Bitcoin


Source: a video screenshot During a Senate Banking Committee hearing on Capitol Hill, JPMorgan Chase CEO Jamie Dimon expressed his strong opposition to cryptocurrencies, specifically Bitcoin (BTC).  Dimon’s remarks came in response to questioning from Senator Elizabeth Warren, where...

Florida Governor Ron DeSantis Says CBDC is a Direct Threat to Personal Freedom


Image Source: AP Photo At a recent debate held at the University of Alabama, Republican candidates gathered to discuss various topics, including cryptocurrency regulation and Central Bank Digital Currency (CBDC).  During the event, Florida Governor Ron DeSantis criticized the idea of a central bank...

Parliament of India Holds Discussion on Future of Web3


Source: Pixabay The lower house of the Indian Parliament, Lok Sabha, held a discussion on the importance of web3 and blockchain sector in India on December 6. Rajeev Chandrasekhar, Minister of State for Electronics and Information Technology, emphasized the importance of Web3 and Blockchain...

Robinhood Launches Commission Free Crypto Trading App in EU


Source: Adobe Robinhood is expanding its services in the European Union (EU) by launching commission-free crypto trading.  The move comes just a week after the company made its international debut with stock-broking services in the UK.  The Robinhood app, set to go live on Thursday, will enable...

Cathie Wood’s Ark Invest Continues to Dump Coinbase and GBTC Shares


Source: Ark Invest Cathie Wood’s Ark Invest continues its selling spree of shares of the largest US-based crypto exchange, Coinbase, amid the ongoing crypto rally. Ark Invest Daily reported that the fund management firm offloaded $24.2 million worth of Coinbase shares and $3.4 million worth...

Former Binance CEO CZ’s Guilty Plea Accepted by US Judge


Source: DALL·E Changpeng Zhao, former CEO of Binance known as CZ, had his guilty plea accepted by a U.S. judge in a case involving anti-money laundering (AML) regulations. According to a recent court filing in the U.S. District Court for the Western District of Washington in Seattle, Judge Richard...

21Shares COO Departs, CEO Hany Rashwan Reassures Firm Has Transition Plan


Source: Nasdaq / Instagram Switzerland-based exchange traded product (ETP) firm 21Shares has confirmed its chief operating officer Lucy Reynolds, has left the firm. Before joining 21Shares Reynolds was head of product management at WisdomTree and joined 21Shares in 2020 – Reynolds was unavailable...

Brazilian Financial Regulator Co-launches Crypto Glossary


Source: mizar_21984/Adobe The CVM, Brazil’s markets regulator, has co-launched a glossary of crypto-related terms in a bid to “standardize” terminology in the Latin American nation. The glossary was co-compiled and published by the Brazilian Cryptoeconomics Association (ABCripto), a crypto industry...

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