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The Big Tesla Short, Copper Raises USD 50M, Gemini's Waitlist + More News


Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. ___ Investments news Michael Burry, the American hedge manager who famously made some USD 100m for himself by speculating on the 2008 economic...

Facebook’s New Stablecoin Aims a ‘Big Comedown’ from Grand Libra Plans


Once heralded as the future of global finance, it appears that the Facebook-led Diem project (formerly Libra) is now set to launch in the United States as a USD-pegged stablecoin. In a press release, Facebook and its Diem partners announced that it would be teaming up with the American crypto...

My Singing Monsters Comes To Consoles With A Bunch Of Non-Singing Minigames


Mobile hit My Singing Monsters is a game about collecting and breeding musical monsters whose unique noises join together to create beautiful music. Coming to consoles this November, My Singing Monsters Playground is a party game featuring more than 20 different minigames. Hopefully one of those...

South Korean Banking Regulations a Threat to ‘Big 4’ Crypto Exchanges


South Korea’s newly imposed anti-money laundering (AML) and banking regulations are causing tensions that have reportedly left even the big four domestic crypto exchanges to fear for their futures. The new regulations, which force crypto exchanges to ensure all of their customers use real name-...

FATF Makes Small Crypto Platforms Easy Prey For Big Players


As the cryptoasset industry grows, it’s only inevitable that it attracts more regulatory attention. The truth of this assumption was highlighted in March, when the Financial Action Task Force (FATF) published an update for its guidance relating to the money laundering risks posed...

How Big Is Your Backlog?


It’s once again time for Ask Kotaku, the weekly feature in which Kotaku-ites deliberate on a single burning question. Then, we ask your take.Read more

Société Générale Launches Blockchain-Based Structured Product


French financial services giant Société Générale has issued security tokens on Tezos’ public blockchain as part of its ongoing experimentation with cutting-edge fintech applications. Latest Move Reflects Bank’s Efforts to Fold Cryptocurrency Operations Into...

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