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Coinbase Sought to Buy FTX Europe for Its Derivatives Business, Report
24.9.2023
Leading U.S. crypto exchange Coinbase pursued the acquisition of failed coin trading competitor FTX’s European subsidiary, a media report revealed. The move has been seen as proof of the growing importance of derivatives for the American platform’s plan to expand business globally....
Client Demand and ‘Negative Events’ Pushing Tradfi Institutions Towards Crypto — Bitrue Chief Strategy Officer
23.9.2023
Growing client demand for cryptocurrencies and the belief that they represent a new asset class help to explain traditional financial institutions’ newfound interest in digital assets, the chief strategy officer at Bitrue has said. The collapse of FTX and Terra Luna in 2022 and the resulting...
DeFi activity on the decline, but investment rolls in: Finance Redefined
23.9.2023
The total value locked in DeFi plunged by nearly $5 billion in the past week, falling to $44 billion, according to DappRadar data
Hungarian Authorities Seize Crypto Worth $1M in Tax Fraud Case
23.9.2023
Hungarian authorities have seized cryptocurrency worth over $1 million from a criminal organization in a value-added tax (VAT) fraud case. The authorities raided 28 locations, arrested three suspects, and seized various assets tied to the group. The seized cryptocurrencies were transferred to...
Crypto investment firm CoinShares opens hedge fund division for US investors
22.9.2023
CoinShares’ subsidiary and broker-dealer registered with the U.S. FINRA will be conducting marketing activities for the new hedge fund division in the United States
Core Scientific cracks $77M Bitmain deal for 27K Bitcoin mining rigs
22.9.2023
The deal was first finalized in August with Anchorage as another party agreeing to equity stake in the bankrupt crypto miner
Vivek Ramaswamy Plans to Have Crypto Policy Ready by Thanksgiving
22.9.2023
Presidential hopeful Vivek Ramaswamy is working on a crypto policy framework that he aims to finalize by Thanksgiving. The Republican criticized the regulation-by-enforcement approach of U.S. government agencies like the securities regulator under the administration of President Joe Biden and vowed...
Uniswap launches educational platform with DoDAO
21.9.2023
The Uniswap University is similar to learning academies created by centralized exchanges such as Binance, Bitget, and Bybit
UK FCA gives unregistered crypto firms ‘final warning’ on ads regime compliance
21.9.2023
The financial regulator expressed its frustration at the lack of engagement from crypto firms in a strongly worded letter
Near Foundation CEO Marieke Flement resigns
21.9.2023
The Near Foundation treasury grew to $350 million under Flament's tenure
Tether 2023 stablecoin loans rise despite size-down announcement in 2022
21.9.2023
Tether said the new loans were made on request of some of their long-standing partners and they plan to cut it down to zero by 2024
South Koreans Report Over $98 Billion in Overseas Crypto Assets
21.9.2023
South Korean tax payers have declared some 131 trillion won (more than $98 billion) of crypto holdings in overseas accounts this year. The amount was announced by the country’s tax agency and it comes after the authorities in Seoul imposed a mandatory reporting requirement for financial assets held...
Busan is developing an Ethereum-compatible mainnet to become a 'Blockchain City'
21.9.2023
The city administration behind the project aims to make Busan a blockchain city and has launched a $75 million development plan to realize the goal
Best Crypto to Buy Now September 20 – XDC Network, Kaspa, Toncoin
20.9.2023
Following a major security breach that compromised $70 million in crypto assets last week, Hong Kong-based exchange CoinEx has begun gradually resuming withdrawals and deposits on its platform.
CoinEx anticipates the complete restoration of its wallet system by tomorrow, September 21.
With CoinEx...
Troubled crypto exchange JPEX applies for deregistration in Australia
20.9.2023
The unlicensed exchange allegedly solicited than $128 million from users before being reprimanded by the Hong Kong Securities and Futures Commission
Discord crypto trading bot shuts down after 'critical exploit'
20.9.2023
The bot was valued at $16.5 million during its token debut last month
Grayscale files for new Ether Futures ETF: Official
20.9.2023
Grayscale debuted its first two Ethereum futures contracts in 2021, and is now planning to launch the new Grayscale Ethereum Futures Trust ETF
Grayscale officially abandons post-Merge PoW Ethereum tokens
20.9.2023
One year after the Ethereum Merge, Grayscale has finally taken a decision to abandon all the rights to proof-of-work Ethereum tokens
Crypto makes up 70% of South Korean overseas assets: National Tax Service
20.9.2023
1,432 individuals and corporations in South Korea have reported holding $98 million in crypto overseas, which is 70% of all reported assets
New York Shrinks List of Pre-Approved Crypto — DOGE, XRP Among Coins Removed
20.9.2023
New York’s financial regulator has significantly reduced the number of pre-approved cryptocurrencies that licensed crypto trading platforms can list. XRP, dogecoin, litecoin, and ethereum classic are among the coins removed from the Greenlist. The regulator also proposed new crypto guidance...