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Daily Crypto Update: Market Goes Neutral After A Slight Slump

1.10.2024
The crypto industry has entered a minor correction phase, halting the assets in one spot. The majority of…

Baden Bower Delivers Crypto PR for Axie Infinity and Pixels Token

1.10.2024
Cryptocurrency and gaming are becoming more intertwined, attracting the attention of enthusiasts and investors. Axie Infinity, a prominent…

September 2024 crypto hacks surpass $120M, centralized exchanges hit

1.10.2024
Cryptocurrency hacks in September totaled over $120 million, with centralized exchanges BingX and Indodax accounting for more than half

Bukele and Milei Meet: Zero-Deficit Budgets, Security, and Policy Discussed

1.10.2024
The presidents of Argentina and El Salvador, Javier Milei and Nayib Bukele, met on Monday in Buenos Aires to discuss several issues concerning the mutual problems of their countries. The meeting, attended by members of both cabinets, covered topics such as security, debt issuance, and political...

Japan to Review Crypto Regulations, Potentially Easing Tax Burden

1.10.2024
Japan is reportedly set to review its cryptocurrency regulations, potentially reducing taxes on digital assets. The Financial Services Agency (FSA) plans to assess whether current crypto regulations under the payments act provide sufficient investor protection. The review may lead to reclassifying...

SEC Wins Case Against Crypto Firm Rivetz Over $18 Million in ICO

1.10.2024
The U.S. Securities and Exchange Commission (SEC) has won the case against now inoperative crypto firm, Rivetz Corp…

Synthetix activist investor ‘overhaul’ gathers 99% approval from SNX holders

1.10.2024
A new proposal looking to completely reboot DeFi protocol Synthetix has garnered 99.4% approval from community members.

China’s Former Vice Minister of Finance Calls for Research on Crypto as US Policy Pivots

1.10.2024
Zhu Guangyao, China’s former vice minister of Finance, has called on the country to continue researching crypto as the US changes its attitude towards the asset class. During the 2024 Tsinghua PBOC Chief Economist Forum, Guangyao stated that crypto should be studied “because it is...

Latam Insights Encore: Latin America’s Proactive Leadership Could Change the UN’s Agenda

1.10.2024
Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and cryptocurrency news from last week. In this edition, we examine the actions of proactive leaders in Latam, such as Argentina’s Javier Milei and El Salvador’s Nayib Bukele, and their potential...

Base creator Jesse Pollak to join Coinbase exec team and lead wallet charge

1.10.2024
Two industry observers believe Pollak’s involvement in Coinbase Wallet and Base may finally offer a solution to crypto’s long-standing UX issues that have hamstrung adoption.

Crypto founders increasingly look to ‘geofencing’ amid US uncertainty

1.10.2024
Variant Fund chief legal officer Jake Chervinsky says geofencing is an extreme measure to ensure compliance with US law.

Binance Confirms Access Restrictions on Sanctioned Russian Users

1.10.2024
Crypto exchange Binance says it is complying with international sanctions by denying sanctioned Russian individuals and entities access to its platform. “Compliance remains our top priority. We are deeply committed to our users and maintaining their trust in our platform. We constantly invest...

SEC wins case against defunct crypto firm over $18M ICO

1.10.2024
A US federal judge found Rivetz and its CEO Steven Sprague sold unregistered securities when it offered an Ethereum-based token in 2017

FCA Secures First Conviction for Illegal Crypto ATM Operation in UK

1.10.2024
Olumide Osunkoya has pleaded guilty to illegally running a crypto ATM network across the UK. Even though the UK Financial Conduct Authority (FCA) denied his registration, his operation handled millions in cryptocurrency transactions. This case represents the first conviction of its type under...

Binance Founder CZ Reflects on Release — Plans to Focus on Blockchain, AI, Biotech

1.10.2024
Former Binance CEO Changpeng Zhao (CZ) has shared a personal update, reflecting on his recent experiences and future aspirations. He emphasized his intention to focus on various projects related to education, blockchain, artificial intelligence (AI), and biotechnology. Zhao expressed confidence...

Crypto exchange Gemini to close all customer accounts in Canada

1.10.2024
Gemini has told its Canadian users they have 90 days to withdraw their funds before it closes all accounts by the end of this year.

Cantor Fitzgerald CEO: Bitcoin Is a Commodity, Should Be Treated Like Gold and Oil

1.10.2024
Howard Lutnick, CEO of Cantor Fitzgerald, says bitcoin is a commodity. “When you truly understand bitcoin, it’s hard to see it any other way,” he said, adding that the crypto “should be treated like gold and like oil.” While stating that other digital assets...