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Binance Founder CZ Released From US Custody After Serving 4-Month Sentence
28.9.2024
Binance founder and former CEO Changpeng Zhao (CZ) has been released from U.S. custody after serving a four-month sentence for his role in compliance failures at Binance. His sentence followed a plea deal that included a $50 million fine and stepping down as Binance’s CEO. Despite his prison...
Bitcoin should be treated as a commodity, like gold — Cantor Fitzgerald CEO
28.9.2024
Cantor Fitzgerald CEO Howard Lutnick advocates for Bitcoin to be classified as a commodity, citing its similarities to gold and oil
Bitcoin should be treated as a commodity, like gold: Cantor Fitzgerald CEO
28.9.2024
Cantor Fitzgerald CEO Howard Lutnick advocates for Bitcoin to be classified as a commodity, citing its similarities to gold and oil
Bybit Expands in CIS Region With Kazakhstan License for Crypto Services
28.9.2024
Crypto exchange Bybit has secured a major license in Kazakhstan, marking its expansion in the Commonwealth of Independent States (CIS) region. With its new regulatory approval, Bybit plans to offer a broad range of services including digital asset trading and crypto loans, while emphasizing...
Crypto Platform CEO Arrested for Allegedly Paying Deputies in Extortion Scheme
28.9.2024
Crypto platform Zort’s CEO has been arrested on multiple charges. Allegations against Iza include paying large sums to Los Angeles County deputies for illegal activities, such as unlawful searches, extortion schemes, and even a failed kidnapping attempt. “Iza boasted about paying...
Blackrock Amasses $24 Billion in Bitcoin, Approaches 2% of Total Supply
27.9.2024
From Jan. 11 to Sept. 26, 2024, Blackrock, the world’s largest asset manager, collected an astonishing 363,626.36 bitcoin, valued at just over $24 billion as of Sept. 27. This accumulation puts Blackrock’s exchange-traded fund (ETF), IBIT, on the cusp of controlling nearly 2%...
Paypal Rolls Out Crypto Features for Business Accounts
27.9.2024
Paypal has unveiled a new feature allowing U.S. merchants to buy, hold, and sell cryptocurrency from their business accounts. Although not yet available in New York, this move caters to increasing demand from businesses. Paypal has steadily ramped up its involvement in digital currencies, including...
BNY Mellon Engages With Banking Regulators to Offer Crypto Custody Services ‘at Scale’
27.9.2024
BNY Mellon, one of the world’s largest custodian banks, is seeking to offer custody services for bitcoin and ether to exchange-traded product (ETP) clients. The bank is also eyeing large-scale growth in the crypto space, with plans to seek more regulatory approvals to capitalize on the lucrative...
SEC chair Gensler plugs changes to exchange definition that worries crypto
26.9.2024
Gary Gensler reminded a conference on Treasury bonds about a proposed rule change that would impact DeFi, too
Kamala Harris’s Blockchain Comment Sparks Mixed Reactions in Crypto Community
26.9.2024
Vice President Kamala Harris’s remarks on fostering technologies like artificial intelligence (AI) and blockchain have sparked plenty of chatter in the crypto community. While some see her words as encouraging and forward-thinking, others believe Harris is merely pandering and looking to gain...
Dubai regulator tightens rules on crypto marketing
26.9.2024
VARA CEO Matthew White said that clear and actionable guidance helps crypto providers deliver their services responsibly.
Hong Kong CBDC Pilot Enters Phase 2 With New Firms to Advance Digital Currency Use Cases
26.9.2024
The Hong Kong Monetary Authority (HKMA) has moved into Phase 2 of its e-HKD pilot program, expanding its exploration into tokenized deposits and e-HKD. With 11 groups of firms selected, the initiative delves into practical applications such as offline payments and asset settlement. The creation...
Cryptocurrency and Stocks Show High Correlation Levels as Macroeconomics Start Driving Markets
25.9.2024
A Bloomberg analysis found that cryptocurrency and stock markets have shown a high correlation after the latest set of Federal Reserve interest rate cuts. According to analysts, this related movement would be the result of the macroeconomic variables taking control of the markets and should...
AI-Focused Cryptos Outshine the Pack This Week, Bittensor Tops Gains
25.9.2024
This past week, the digital asset market experienced a broad upward trend, with the artificial intelligence (AI) crypto sector standing out as the top performer over the last seven days. This week, the AI-driven crypto sector climbed 30.59% against the U.S. dollar, with bittensor (TAU) leading...
BlackRock's head of crypto doesn’t see Bitcoin as a ‘risk on’ asset
25.9.2024
Equities, unemployment, job numbers, or manufacturing really have no connection to Bitcoin, argues BlackRock’s head of digital assets
BlackRock's head of crypto doesn’t see Bitcoin as a ‘risk on’ asset
25.9.2024
Equities, unemployment, job numbers, or manufacturing really have no connection to Bitcoin, argues BlackRock’s head of digital assets
Binance Helps Indonesian Authorities Recover Funds in Crypto Fraud Bust
25.9.2024
Crypto exchanges Binance and Tokocrypto collaborated with Indonesian law enforcement to crack down on a crypto scam, seizing $200,000 in stolen assets. “During the investigation, multiple individuals involved in managing the accounts that received the stolen funds were arrested,”...
Blackrock’s Head of Crypto Sees Bitcoin as ‘Risk Off’ Asset Despite Stock Correlation
25.9.2024
Blackrock’s digital asset chief sees bitcoin as a “risk-off” asset even though it has shown a pattern aligned with U.S. stocks. He drew parallels between bitcoin and gold, pointing to its decentralized structure and limited supply as crucial factors setting it apart....
Lawmakers Question SEC Over Disruptive Crypto Custody Rules
25.9.2024
Congressional leaders are pressing regulators over concerns that the U.S. Securities and Exchange Commission (SEC)’s new guidelines on digital asset custody could disrupt financial innovation and regulatory collaboration. Lawmakers question whether the SEC acted prematurely, potentially...
Top 10 Bitcoin Holders: Exchanges, Corporations, and Governments Dominate the Charts
23.9.2024
Over the past decade, a significant amount of bitcoin has made its way into centralized trading platforms, public and private corporations, governments, exchange-traded funds (ETFs), and derivative token projects like WBTC. With roughly 100 days remaining in 2024 after the launch of spot bitcoin...