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California Governor Signs "BitLicense" Crypto Licensing Bill Into Law, Effective July 2025
16.10.2023
California Governor Gavin Newsom approved a crypto licensing bill that is set to enforce a structural framework for businesses conducting operations in the crypto industry and is set to take effect in July 2025.
On Friday, October 14, Newsom declared that the bill, titled the Digital Financial...
Haru Invest Crypto Firm Suspends Servers to Reduce Maintenance Costs
16.10.2023
Crypto yields platform Haru Invest has revealed plans to suspend its server as a cost-saving measure amid a fallout with one of its service partners.
This new development comes a few months after the company suspended deposits and withdrawals in June 2023.
The company's CEO, Hugo Lee, made...
SEC Announces Increased Oversight of Cryptocurrencies in 2024 Fiscal Plan
16.10.2023
The U.S. Securities and Exchange Commission (SEC) released its fiscal plan for 2024 today, detailing a heightened regulatory focus on cryptocurrency and associated financial technologies. This report comes from the SEC's Division of Examinations and outlines the agency's approach to emerging market...
Biggest Crypto Gainers Today on DEXTools – MINEP, TIP, JOE
16.10.2023
Fake rumors that the SEC had approved a spot Bitcoin ETF that surfaced earlier on Monday triggered a short-lived pump in the crypto market, with Bitcoin (BTC) briefly reaching as high as $30,000.
As it became obvious that the reports were fake news, the entire almost entirely reversed, although...
Uniswap Labs to Charge 0.15% Fee on Crypto Swaps Involving ETH, USDC, Other Tokens
16.10.2023
The entity behind popular DeFi exchange Uniswap will levy a small fee – the first in its history
Tether Freezes 32 Suspicious Addresses Linked to Ukraine and Israel Conflicts
16.10.2023
On Monday, Tether, the leading stablecoin issuer, revealed it had frozen 32 addresses allegedly linked to activities involving war, terrorism, and crime. These USDT accounts are said to have ties to suspicious operations in Israel and Ukraine. The firm further disclosed that it is actively...
Crypto Exchange Listing and Delisting Announcements: October 16, 2023
16.10.2023
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....
From Larry David to Tom Brady, FTX paid $1.13 Billion in Endorsement Deals says Former Head of Engineering
16.10.2023
The trial of Sam Bankman-Fried readjourned Monday morning with FTX's former head of engineering, Nishad Singh, beginning his testimony.
Calling the FTX founder "a formidable character," "brilliant," and "intimidating," Singh first met Bankman-Fried when the two were in high school but didn't...
Crypto Projects Turn to Asia for Growth Opportunities Amid Regulatory Scrutiny in the U.S.
16.10.2023
Crypto projects and investors are turning to Asia in search of growth opportunities amid increasing regulatory scrutiny in the United States.
Over the past year, there has been a notable increase in the expansion of U.S.-based crypto projects into the Asia-Pacific (APAC) region, driven...
UK City Minister Andrew Griffith Advocates Clarity in Crypto Ad Rules
16.10.2023
UK City Minister Andrew Griffith has called for more clarity and flexibility in the country's recently enacted crypto advertising rules, according to a Financial Times report.
The rules, which became effective earlier this month, are among the strictest in the world and are designed to enhance...
SEC plans scrutiny of crypto dealer-brokers, transfer agents, per 2024 exam guide
16.10.2023
The SEC sets examination priorities based on feedback from examiners and input from investors and the industry
Anthony Scaramucci Projects Bitcoin Market Cap Could Hit $15 Trillion: Here’s How
16.10.2023
SkyBridge Capital’s founder Anthony Scaramucci says Bitcoin (BTC) could soar to a $15 trillion market cap, a massive 2,662% despite recent regulatory hurdles and market tightening factors.
The manager restated his bullish stance on the OPTO – Invest in Innovation podcast commenting on wide issues...
Microsoft's Activision Buy: A Shift Towards the Metaverse and Crypto?
16.10.2023
Microsoft’s official purchase of the video game publisher Activision has raised more questions about how crypto and the metaverse will influence both companies’ products and operations....
Read More: Microsoft's Activision Buy: A Shift Towards the Metaverse and Crypto?
Wipe Out — Fake SEC Approval Report Erases $71M in Bitcoin Short Positions
16.10.2023
In the wake of fabricated news asserting the U.S. Securities and Exchange Commission (SEC) green-lit Blackrock’s Ishares spot bitcoin exchange-traded fund, short positions worth $78.92 million were cleared out. This sum represented 57% of the overall $136.29 million in short positions erased...
Crypto Prices Pump As Grayscale ETF Won’t Be Appealed By SEC, Is This Bitcoin Alternative The Best Crypto To Buy Now?
16.10.2023
Monday, October 16th, 2023 - After the US Securities and Exchange Commission (SEC) declined to request an appeals court reconsideration of the Grayscale Bitcoin ETF, the Bitcoin price has exploded - triggering a scramble for Bitcoin alternatives such as Bitcoin Minetrix ($BTCMTX)....
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Biggest Movers: BCH, SOL Big Gainers Following Cointelegraph’s ‘Inaccurate’ Tweet
16.10.2023
Bitcoin cash was a huge gainer on Monday, as the cryptocurrency rallied by as much as 14% in today’s session. The surge comes after Cointelegraph falsely suggested that Blackrock’s bitcoin ETF was approved by the SEC. An apology has since been issued, following the mistaken report....
Binance to Stop Accepting New U.K. Users to Comply With Ad Rules
16.10.2023
The firm will stop accepting new users starting Monday after U.K. regulator FCA last week restricted Binance's local partner from approving crypto ads
What is Reed’s law, and why does it matter in the crypto space?
16.10.2023
Reed’s Law highlights exponential growth from diverse communities, crucial in crypto for innovation, DeFi and decentralized governance
Coinbase Ventures, Haun Ventures Raise Crypto Political Capital With University of Arkansas Tech Sprint
16.10.2023
Bitcoin Surges on Fake Blackrock ETF Approval News: Misinformation Ripples Through Crypto Markets
16.10.2023
On a bustling Monday, the cryptocurrency-focused news platform Cointelegraph broadcasted that the U.S. Securities and Exchange Commission (SEC) had given the green light to Blackrock’s Ishares spot bitcoin exchange-traded fund (ETF). The unverified news spread like wildfire, and in its wake...