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Fintech Giant Revolut Said to Be Planning Stablecoin
18.9.2024
Crypto-friendly Revolut is said to be quite far along in creating its own stablecoin, according to two people familiar with the plan
Bitget, Foresight Ventures Buy $30M TON Tokens From Whales
18.9.2024
Deal was with a number of TON whales directly, and not a fundraising round with the TON Foundation
Ethereum Devs Poised to Split Blockchain's Next Big Upgrade, 'Pectra,' in Two
18.9.2024
On Thursday, Ethereum developers will decide if Pectra will be split into two forks. If developers agree on the split, the first package could come in 2025, as early as February
Australia to Prioritise Wholesale CBDC Over Retail
18.9.2024
The Reserve Bank of Australia made a strategic commitment to prioritize work on a wholesale CBDC
Ethereum Is the Microsoft of Blockchains, ETH Underperformance May Reverse Into Year-End: Bitwise
18.9.2024
The Ethereum blockchain has the most active developers, the most active users and a market cap that is five times larger than its nearest competitor, the report said
Fed Rate Cut Could Crash Crypto Markets, but Era of Central Banks Is Over: Arthur Hayes
18.9.2024
A rate cut could add to inflation and strengthen the Japanese yen, crashing markets, Hayes explained
Bitcoin Holds Above $60K as Traders Warn of Sell-Off on 50 Basis Point Fed Rate Cut
18.9.2024
Traders betting on Fed fund contracts are pricing in a 65% implied probability of rates cut to a 4.5-5% range. PLUS: Circle announces partnership with Polymarket
BitGo to Enter Stablecoin Market With Reward-Bearing USDS Coin
18.9.2024
BitGo says USDS is an "open participation" stablecoin that provides rewards to institutions for providing liquidity to the ecosystem
Animoca's Timeline to Go Public Would Depend on The Market's Status: Yat Siu
18.9.2024
Animoca Brands is hoping to go public soon but the final decision on the timeline is dependent on a key component, the "market’s status, amongst other" aspects, the Web3 giant’s chairman Yat Siu told CoinDesk in Singapore on Monday
Decentralized AI Society Launched to Fight Tech Giants Who 'Own the Regulators'
18.9.2024
Web3 industry leaders have launched a non-profit organization called the Decentralized AI Society (DAIS), dedicated to tackling the probability of the monopolisation of the Artificial Intelligence (AI) industry, the chair of DAIS, Michael Casey told CoinDesk in an interview on the sidelines...
DePIN Tech Shows Promise, But Implementation Faces Several Hurdles, Moody's Says
17.9.2024
The Wall Street ratings agency's first-ever report about the sector underscores the increased attention towards DePIN apps
SEC Charges 3 Individuals, 5 Companies With Operating Pig Butchering Scams
17.9.2024
The U.S. Securities and Exchange Commission (SEC) has filed suit against three individuals and five companies for allegedly operating pig butchering scams – a type of confidence-enabled investment scam in which fraudsters befriend victims over text-based social media apps, gain their trust...
Forget Meme Coins, Crypto Utility Is Already Here
17.9.2024
Memecoin mania has many wondering if crypto will stop the nonsense and deliver real use-cases, but crypto utility is already here if we simply look, says David Zimmerman, a research analyst at K33 Research
Brian Armstrong, ETF Experts Shoot Down 'Paper Bitcoin' Rumors
17.9.2024
Rumors alleging Coinbase (COIN) of issuing bitcoin IOUs to BlackRock were quickly shut down by industry experts as well as Coinbase CEO Brian Armstrong on Monday
Key Opinion Leaders Are Bad for the Crypto Industry
17.9.2024
That’s why my new project isn’t paying them. (And who is Professor Crypto, anyway?)
FTX’s Accounting Firm Prager Metis to Pay SEC $1.95M to Settle Negligence Allegations
17.9.2024
International accounting firm Prager Metis has agreed to pay $745,000 to settle misconduct allegations from the U.S. Securities and Exchange Commission (SEC) tied to its bungled audit of FTX before its collapse in November 2022
Will Ether’s Supply Crunch Lead to Higher Prices in Q4?
17.9.2024
Ether’s price might be falling, but its liquid supply is shrinking. If demand picks up next quarter, we could see a supply crunch that pushes prices higher, says Lucas Schweiger, Digital Asset Research Manager at Sygnum Bank
U.S. Treasury Sanctions Cambodian Tycoon With Ties to Pig Butchering Scams
17.9.2024
One of Cambodia’s wealthiest businessmen has been hit with U.S. sanctions for allegedly playing a role in serious human rights abuses – including human trafficking and torture – tied to a pig butchering scam operation headquartered in the Southeast Asian country
Bitcoin Gains 5% to $61K Ahead of Fed, but Order Books Suggest Rally Could Be Capped
17.9.2024
Wednesday's FOMC meeting carries uncertainty for the market, with investors still divided on the magnitude of rate cut
U.S. Republican Lawmakers Say Crypto Legislation Not Yet Off the Table for This Year
17.9.2024
Two of the leading U.S. lawmakers seeking crypto oversight legislation, Rep. Patrick McHenry (R-N.C.) and Sen. Cynthia Lummis (R-Wyo.), are maintaining their position that a chance remains for a bill to clear Congress before the year is out