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DOJ Asks Court to Reject Bankman-Fried's Planned Defense, Labeling it "Irrelevant"
30.8.2023
The US Department of Justice has asked a court to reject Sam Bankman-Fried’s planned defense to blame a law firm for the FTX fraud.
In a Tuesday legal filing, the DOJ said Bankman-Fried’s defense, which argues that the disgraced crypto boss acted on the advice of previous counsel in regard to...
Robinhood Ends Crypto Partnership with Jump Trading – What's Going On?
30.8.2023
Retail broker Robinhood has reportedly ended its crypto business relationship with market maker Jump Trading, and the regulatory environment in the US may be a reason.
In 2018, Robinhood Markets Inc. decided to add cryptocurrency trading - but it needed help to do so, given the major trading...
Transport Operators in Jamaica Interested in Adopting CBDC Payments
30.8.2023
Transport operators in Jamaica have expressed interest in using the country's central bank digital currency (CBDC) for payments.
Aldo Antonio, co-founder and acting executive chairman of the National Transporters Alliance Group (NTAG), has been actively promoting the adoption of Jam-Dex within...
China’s JD, ICBC to Launch Digital Yuan Supply Chain Financing Solution
30.8.2023
Chinese firms and commercial banks are working on new digital yuan supply chain financing solutions, with a new CBDC smart contract solution set to launch.
Per CICC (via Cnfol), the latest innovation has been developed by JD Technology, in conjunction with the Industrial and Commercial Bank...
Russian Banks to Quiz Central Bank on Digital Ruble Pilot Next Month
30.8.2023
Russian banks will have the opportunity to question the Central Bank on its digital ruble pilot next month.
The Central Bank is facing a backlash from some sections of the banking industry after beginning “real-world” transactions with its CBDC earlier this month.
The megabanks Sberbank...
Coinbase Probes Technical Glitch Leading to Empty Balances for Wallet Users – Here's the Latest
29.8.2023
Coinbase has resolved a technical glitch that showed empty balances for some wallets and did not allow users to create new wallets or import existing wallets.
According to an update on the company's status page, Coinbase has resolved the error plaguing its wallet.
"Customers of Coinbase Wallet...
Biggest Crypto Gainers Today on DEXTools – X–Bird, NCWW, XSHIB
29.8.2023
A U.S. appeals court overturned a previous SEC decision on Tuesday, ruling in favor of asset management firm Grayscale Investments in its effort to launch a spot bitcoin exchange-traded fund (ETF).
The unanimous verdict by the U.S. Court of Appeals for the District of Columbia could pave the...
Today in Crypto: Regulator Allows Belgians to Use Binance Poland, US SEC Says an Issuer’s NFTs are Securities and Orders It to Compensate Investors, LimeWire Launches 'World's 1st Blockchain-Based AI Creator Studio on Polygon'
29.8.2023
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: Regulator Allows Belgians to Use Binance Poland, US SEC Says an Issuer’s NFTs are Securities and Orders...
Binance Crypto Exchange Gauges Complete Exit from Russian Market Amid Sanctions
29.8.2023
Binance is reportedly considering a complete withdrawal from the Russian market amid growing Western sanctions on the country.
On Monday, an exchange spokesperson told The Wall Street Journal that Binance is exploring all possible options, including a full exit from Russia.
"All options are...
Republican Trio Voices Concerns on Fed's Influence on Stablecoin Regulation
29.8.2023
Three Republican lawmakers have lashed out at the Federal Reserve regarding its recent moves to strengthen oversight of banks' cryptocurrency and stablecoin activities.
In a Monday letter to Fed Chair Jerome Powell, the lawmakers argued that these actions are undermining their efforts to pass...
Ethereum Transaction Fees Fall To Levels Not Seen Since Late 2022
28.8.2023
Ethereum’s total daily transaction fees hit an eight-month low after it plunged to 1,719 ETH approximately $2.1 million on Aug 27.
The recent decline in total gas fees can be attributed to low network activity and the rise of layer 2 scaling solutions.
According to data from on-chain analytics...
Crypto Exchange Listing and Delisting Announcements: August 28, 2023
28.8.2023
Here is our weekly collection of digital asset listing and delisting, trading pair-related announcements by crypto exchanges that we found last week and today.
Have we missed something? Do you have information about new listings and/or delistings? Let us know here....
The Swift Decline of Friend.tech: Crypto's Latest Fad Loses Steam
28.8.2023
Friend.tech, a blockchain-based platform that allows users to buy and sell digital tokens connected to their favorite influencers, has lost steam after its splashy debut.
The project became the highest-earning service provider in decentralized finance shortly after its release. However, its rise...
Today in Crypto: SBF's Attorneys Ask for His 'Temporary Release', Bybit and OKX Exclude Sanctioned Russian Banks From Payment Options, Verified Scam Accounts Targeting Crypto Twitter are 'Out of Control'
28.8.2023
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: SBF's Attorneys Ask for His 'Temporary Release', Bybit and OKX Exclude Sanctioned Russian Banks From...
Oman's Multi-Million Crypto Investments Trigger Sharia Compliance Discussion
28.8.2023
The Sultanate of Oman is continuing its push into the world of cryptocurrency with a series of multi-million-dollar investments.
The country, located on the southeastern coast of the Arabian Peninsula, aims to establish itself as a digital hub in a highly competitive region.
The government...
Digital Ruble Scammers ‘Target Russians in Multiple Regions’
28.8.2023
Digital ruble scammers have reportedly struck in multiple Russian regions, with fraudsters apparently hoping to dupe citizens who do not yet fully understand how the CBDC works.
Media outlets around the country say that scammers are sending citizens emails that use commercial and Central Bank...
DYdX Founder: Crypto Developers Could Benefit from Avoiding US Market – What's Going On?
27.8.2023
Antonio Juliano, founder of the decentralized exchange dYdX, has suggested that crypto developers forget about serving customers in the United States for the next five to 10 years due to a hostile regulatory environment.
In a recent X (formerly Twitter) thread, the crypto veteran encouraged...
Judge Cites Ripple Case in Rejecting CEL's Security Classification in Bankruptcy Proceedings
26.8.2023
A bankruptcy judge has refused to determine whether CEL, the native token of Celsius, should be classified as a security, citing the ongoing legal battle between Ripple Labs and the US Securities and Exchange Commission (SEC).
Otis Davis, one major CEL token order, had previously asked the judge...
Dubai Crypto Exchange BitOasis Secures Investment from Jump Capital and Wamda – Here's the Latest
26.8.2023
Dubai-based cryptocurrency exchange BitOasis has secured a round of funding from a group of investors, including Indian digital-asset platform CoinDCX.
According to a Friday report from Bloomberg, the specific terms of the deal and the valuation of the exchange have not been disclosed.
The...
Polygon Network Embraces Colombian Peso Stablecoin nCOP – Crypto Adoption on the Rise?
25.8.2023
A stablecoin pegged to the Colombian peso (COP) has gone live on the Polygon network, stablecoin issuer Num Finance announced on Thursday.
The new stablecoin, called nCOP, is a traditional fiat-backed stablecoin, and was described by Num Finance in a post on X as “overcollateralized” in a way that...