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BitGo raises $100M after losing lawsuit against Galaxy
16.8.2023
BitGo’s Series C funding featured entirely new investors based in the United States and Asia, CEO Mike Belshe said
Spot Bitcoin ETF approved, but not in the US
16.8.2023
This week’s episode of The Market Report discusses the spot Bitcoin ETF that just launched in Europe and why the U.S. still lags behind
PayPal UK to halt Bitcoin purchases until early 2024
16.8.2023
PayPal will temporarily halt crypto purchases in the United Kingdom starting from Oct. 1, 2023, expecting to re-enable the service in early 2024
Coinbase wins NFA approval to offer Bitcoin and Ether futures in US
16.8.2023
Coinbase is preparing to roll out cryptocurrency futures trading for institutional investors in the United States soon
SEC v. Ripple: Judge greenlights investment banker declarant's entry
16.8.2023
The court seeks to address issues related to orders that rejected the SEC's plea to seal the Hinman speech documents and Ripple's request to seal information regarding XRP sales
Singapore Announces Stablecoin Rules, MAS to Label Regulated Tokens
16.8.2023
The Monetary Authority of Singapore (MAS) unveiled regulations aimed at ensuring the value stability of each stablecoin regulated in the city-state. Under the new rules, issuers that want their fiat-pegged tokens to be labeled as “MAS-regulated” will have to meet certain requirements. Singapore...
US Congressman Warren Davidson: ‘Banning CBDC Is Essential to America’s Fintech Future’
16.8.2023
U.S. Congressman Warren Davidson has railed against central bank digital currencies (CBDC), stating that enacting a ban on these instruments is “essential” for the future of the fintech industry in America. Davidson explained that many people wrongly conflate cryptocurrencies with CBDC...
Crypto Crashes and Climate Chaos: FDIC Highlights Key Banking Risks in 2023
15.8.2023
The U.S. Federal Deposit Insurance Corporation (FDIC) flagged escalating risks from cryptocurrencies in its annual review of risks facing the banking industry. FDIC: Cryptos and Climate Top Risk List for Banks in 2023 Cryptocurrencies present “novel and complex risks” that are difficult...
Breaking: Binance Connect shutting down on August 16
15.8.2023
A spokesperson said the move came in response to 'changing market and user needs.'
11 potential impacts on crypto and the market from the rise of CBDCs
15.8.2023
The ultimate impacts of CBDCs on the crypto industry may be a mixed bag of positives and negatives, and insiders need to monitor developments
Sei token valued at $1.8B after beta launch, exchange listings
15.8.2023
The token opened to a wild trading session across major exchanges
Prime Trust bankruptcy spotted by crypto community months ahead
15.8.2023
Months before Prime Trust filed for Chapter 11 bankruptcy, online sleuths in the crypto community were on the case and continue to follow the money
Coinbase Launches in Canada — Executive Says Canada ‘Well Positioned’ to Be a Global Leader in Crypto Economy
15.8.2023
Nasdaq-listed crypto exchange Coinbase has officially launched in Canada with new offerings to “make cryptocurrencies more accessible to millions of Canadians.” A Coinbase executive stated: “Canada is well positioned to be a global leader in the cryptoeconomy.” Coinbase...
Bitcoin Frontier Fund launches accelerator program for Ordinals startups
14.8.2023
The program will provide seed money, mentoring and support to approved applicants
Machi Big Brother withdraws defamation lawsuit against ZachXBT
14.8.2023
Jeffrey Huang withdrew the lawsuit after ZachXBT edited his article that Huang claimed to be defamatory
Chinese man sentenced to 9 months in prison for buying 13K in USDT
14.8.2023
China has been harshly enforcing its crypto ban since the start of the year, cracking down on individuals and projects alike
PayPal Unveils Cryptocurrencies Hub: A New Crypto-Inclusive Feature
14.8.2023
Payments giant PayPal has launched a new feature that allows users to hold and interact with Bitcoin (BTC) and other cryptocurrencies in their accounts.
The new functionality, called Cryptocurrencies Hub, will allow users to not only hold a balance in various cryptocurrencies but also engage...
PayPal to roll out Cryptocurrencies Hub for select users
14.8.2023
The Cryptocurrencies Hub is key for PayPal to reinvent itself as a crypto-inclusive platform. The service will allow for the sale and purchase of cryptocurrencies among other functionalities
This scenario could spark Gary Gensler’s resignation: Former SEC official
14.8.2023
John Reed Stark believes SEC chair Gary Gensler could throw in the towel, depending on a possible scenario to play out in 2024
An ETF will bring a revolution for Bitcoin and other cryptocurrencies
14.8.2023
A Bitcoin ETF is on the cusp of receiving approval in the United States — and it may not be long before we see one in Hong Kong or elsewhere in Asia