Search
UK FCA's Blueprint for Fund Tokenization Nearing Completion
13.10.2023
The Financial Conduct Authority (FCA), the regulatory body overseeing the financial sector in the UK, is close to completing of a blueprint for fund tokenization.
In a recent speech, FCA Chair Ashley Alder revealed that the FCA has been collaborating with the Technology Working Group to develop...
US Oversight and Accountability Committee Slams Gary Gensler For Lack of Cooperation
13.10.2023
The US House Committee on Oversight and Accountability has issued a warning to Gary Gensler, Chair of the US Securities and Exchange Commission (SEC), asking him to cooperate or face disciplinary action.
In a letter addressed to Gensler, James Comer, Chairman of the Committee on Oversight...
Chinese IT Giant Tencent Launches Digital Yuan Smart Contract Services
13.10.2023
The Chinese tech titan Tencent, the WeChat operator, will launch a digital yuan smart contract offering for small and medium-sized enterprises (SMEs).
The move comes weeks after the firm announced it would join a central bank-led e-CNY and global CBDC interoperability pilot.
Per the Securities...
Web3 Credentials Platform Galxe to Refund $396,000 to Affected Users Post DNS Attack – Here's the Latest
12.10.2023
Web3 credentials and rewards platform Galxe has announced intentions to refund over $396,000 to more than 980 users who were impacted by a significant DNS attack last week.
In addition to the refund, Galxe has committed to adding an extra 10% to the lost funds as a goodwill gesture, according...
Biggest Crypto Gainers Today on DEXTools – LYNX, DEE, HOLD
12.10.2023
Blue chip cryptocurrency markets, with Bitcoin (BTC) flat in the $26,700s and Ether (ETH) over 1% lower in the past 24 hours after recently hitting its lowest level since March at $1,520....
Read More: Biggest Crypto Gainers Today on DEXTools – LYNX, DEE, HOLD
Kraken Co-Founder Criticizes Venture Capitalists for Enabling Fraud at FTX
12.10.2023
In an X social media post on Wednesday, Jesse Powell, the co-founder of Kraken, criticized venture capital firms for their role in what he described as "obvious fraud" at FTX, led by Sam Bankman-Fried (SBF).
Powell's comments come amid ongoing legal proceedings against SBF in New York....
Read...
Dogecoin Price Prediction as DOGE Climbs Into Top 10 Crypto – Is a Price of $1 Possible in 2023?
12.10.2023
The price of Dogecoin (DOGE) has dropped by 1% in the past 24 hours, with the meme token re-entering the top ten of cryptocurrencies by market cap prior to its loss today.
At $0.058112, DOGE is down by 5% in a week and by 6% in a month, with the original meme coin also having fallen by 13% since...
Billionaire Investor Paul Tudor Jones Backs Bitcoin and Gold Amid Market Challenges
12.10.2023
Renowned investor Paul Tudor Jones has shared his bearish outlook on stocks while expressing optimism for gold and Bitcoin (BTC).
In a recent interview with CNBC, Jones cited two main reasons for his cautious stance, including the potential escalation of the conflict between Israel and Hamas...
Today in Crypto: Trezor Launches New Wallet, Seed Phrase Store & Limited-edition Trezor Safe 3, COZ and AxLabs' ITEM Systems Focuses on Non-fungible Items (NFIs)
12.10.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Trezor Launches New Wallet, Seed Phrase Store & Limited-edition Trezor Safe 3, COZ and AxLabs' ITEM...
Cardano Price Prediction as Machine Learning Anticipates Subtle Dip to $0.23 by October End – What's the Cause?
12.10.2023
The Cardano price has declined by nearly 1% today, weakening to $0.245331 as the wider market experiences a 1.5% dip in the past 24 hours.
ADA's current price means it has lost 5.5% in a week and 1.5% in a month, with the altcoin also down by a slight 0.5% since the beginning of the year.
Such...
XRP Price Prediction as XRP Dips -3.01% Today – Will it Keep Falling?
12.10.2023
The XRP price has fallen by 2% in the past 24 hours, sinking to $0.479290 as the cryptocurrency market as a whole suffers a similar dip today.
XRP is now down by 8.5% in the last seven days, yet it remains flat in the past month and up by 41% since the beginning of the year.
It seems that...
The McRib Meme: A Curious Connection to Bitcoin and Stocks
12.10.2023
Is there a connection between McRib, bitcoin, and stocks? Some (jokingly) argue there just may be.
Some commenters have opined that the three may be correlated - but without having a causal relationship.
Firstly, the popular McRib sandwich is scheduled for a comeback in November, and it will...
DeFi Protocol Platypus Finance Hacked for Over $2 Million on Avalanche – Here's What Happened
12.10.2023
Decentralized finance (DeFi) protocol Platypus Finance has fallen victim to a security breach resulting in the loss of over $2 million.
In a recent blog post on X (formerly Twitter), security firm PeckShield noted that the Avalanche-based project has been exploited.
Following the alert...
Hong Kong Retail Investors More Interested in Crypto Than Ever Before, Reveals SFC Survey
12.10.2023
Hong Kong's retail investors' interest in cryptocurrencies has recorded a significant surge this year, according to a recent survey by the Investor and Financial Education Council (IFEC), a subsidiary of the Securities and Futures Commission (SFC), Hong Kong’s securities regulator.
The survey...
China’s Shenzhen Launches Digital Yuan Industrial Park
12.10.2023
A group of Chinese firms will move into a CBDC-themed “digital yuan industrial park.”
Per the Shanghai Securities News and the Securities Times, the Southeastern city of Shenzhen held an “official launching ceremony” for its “first digital yuan industrial park” on the morning of October 11.
The...
Crypto Stolen From Indian Businessman Used by Hamas in Attacks on Israel
12.10.2023
Nearly 4 crore INR ($480,000) crypto stolen from a businessman in Delhi, India has been traced back to crypto accounts linked to Hamas by Indian police.
Indian authorities received input from Israeli intelligence agency Mossad regarding some suspect wallets that were being used by terror...
Russia Could Use Digital Ruble to Evade SWIFT, Wants Foreign Banks to Use its CBDC
12.10.2023
Russia’s Central Bank thinks its digital ruble could let citizens pay abroad without making use of the SWIFT banking platform – and wants to let foreign banks use its CBDC.
Per the Russian IT-focused media outlet CNews, the Central Bank has drafted a bill that, if passed, would allow foreign banks...
Report: Long-Term Holders Gobble Up $1.35B in Bitcoin Each Month While Altcoin Mania Lies Dormant
11.10.2023
Seasoned crypto investors continue scooping up bitcoin (BTC) at a rate of 50,000 coins per month valued at $1.35 billion, according to blockchain analytics firm Glassnode’s latest onchain report. This supply tightening comes as the broader digital asset market remains “exceptionally...
Brazilian Congressional Committee Recommends Indictment of Binance CEO and Three Other Executives
11.10.2023
A Brazilian congressional committee has recommended the indictment of four Binance senior executives, including the company's CEO and founder Changpeng Zhao.
The committee, which had been investigating crypto-related Ponzi schemes in Brazil, has the authority to make suggestions, while...
Pepe Price Drops Another 5% While Latest Hot Meme Coin Meme Kombat Blasts Past $450,000
11.10.2023
Wednesday, October 11th, 2023 – Pepe’s price has dropped another 5% while the latest hot meme coin, Meme Kombat, raises $453,000 as investors buy into its gaming vision of battling meme characters.
The struggles of Pepe to stay relevant continue, even though it is still the third-largest meme coin...