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Today in Crypto: Binance Says US CFTC 'Relies on Overreaching and Internally Inconsistent Theories', US Senate Includes Crypto Mixers in its Approved National Defense Bill, The British Museum Partners with The Sandbox
28.7.2023
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: Binance Says US CFTC 'Relies on Overreaching and Internally Inconsistent Theories', US Senate Includes...
Bankrupt FTX and Genesis Global to Settle Dispute in Bankruptcy Cases
28.7.2023
Bankrupt crypto exchange FTX and crypto lender Genesis have come to an agreement to settle their disputes within their bankruptcy cases.
The agreement was disclosed in a letter submitted by their legal representatives to the US bankruptcy court for the Southern District of New York...
Israeli Government Forms Special Team and Seeks Public Input on DAO Regulation
28.7.2023
The Israeli government has established a special examination team tasked with regulating decentralized governance organizations (DAOs).
In an official announcement, the country revealed that the team, led by the Chief Economist at the Ministry of Finance and the Head of the Corporations...
FTX Founder Sam Bankman-Fried Faces Tightened Bail Conditions and Possible Jail in Trial
27.7.2023
Sam Bankman-Fried, the founder of now-defunct cryptocurrency exchange FTX, is facing tightened bail conditions and the possibility of jail time as he awaits trial over the collapse of his exchange.
At a recent hearing, US District Judge Lewis Kaplan imposed a "gag order" on Bankman-Fried...
Biggest Crypto Gainers Today on DEXTools – HUTAO, $PAAL, HOPPY
27.7.2023
Major blue chip cryptocurrencies for the most part remain within this week’s ranges, with bitcoin (BTC) in the low $29,000s and ether (ETH) in the mid-$1,800s, as traders continue to digest Wednesday’s Fed policy announcement.
The Fed lifted interest rates by 25 bps as expected to 5.25-5.5%, their...
Today in Crypto: BNB Chain Report Shows Web3 Growth Despite Bear Market, Beam Wallet Leveraging Optimism and Base Launches, Binance Withdraws its Crypto License Application in Germany
27.7.2023
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: BNB Chain Report Shows Web3 Growth Despite Bear Market, Beam Wallet Leveraging Optimism and Base Launches...
Singapore High Court Declares Cryptocurrency as Property that Can Be Held in Trust
27.7.2023
A recent ruling by Judge Philip Jeyaretnam of the High Court of Singapore surprised the crypto community, as the judge declared that digital currencies are not different than fiat money.
The ruling took place on July 25th, and the judge decided that crypto is a form of property eligible for trust...
Ripple, Solana, And Stellar-based Products Record Massive Institutional Investments As Market Rebounds
27.7.2023
Institutional investments continue to flow into digital asset-related products in recent weeks following market-swinging wins recorded by Ripple (XRP) and other macroeconomic factors.
According to new data from crypto analytics firms CCData, XRP, Solana (SOL), and Stellar (XLM) saw major inflows...
Winklevoss Twins Implement Leaderboard Tactic on Gemini to Boost Derivatives Exchange
27.7.2023
Gemini, the cryptocurrency exchange founded by the billionaire twins Tyler and Cameron Winklevoss, has resorted to a popular tactic to boost activity on its derivatives exchange.
The company plans to launch its first-ever "leaderboard" competition in August, offering prizes and recognition...
Russian Regions Welcome Digital Ruble Developments – But When Will CBDC Debut?
27.7.2023
Russian regions are welcoming news that the nation’s digital ruble pilot is set to officially launch on August 1, but banks and officials claim that a full CBDC rollout may not come until 2027.
Ludmila Panina, the head of the payment systems and settlements department at the Chelyabinsk Branch...
Russian CBDC Pilot Launch News Draws Mixed Reactions from Biz Community
27.7.2023
The Russian business community and financial experts have spoken about the potential pitfalls – and possible advantages – of a digital ruble as Moscow prepares for the August launch of a CBDC pilot.
Izvestia quoted Sergey Katyrin, the President of the Russian Chamber of Commerce and Industry,...
Pro-Crypto Robinhood Taps Former Barclays Executive Jordan Sinclair as CEO for UK Expansion
26.7.2023
Pro-crypto brokerage firm Robinhood has appointed former Barclays executive Jordan Sinclair to spearhead its UK expansion.
On July 18, the Financial Conduct Authority (FCA) approved Sinclair's appointment as CEO of Robinhood's UK entity, according to a register maintained by the watchdog. ...
Today in Crypto: South Korea Launches the Joint Investigation Centre for Crypto Crimes, Singapore Rules Crypto is Property Capable of Being Held in Trust, Craig Wright Must Pay £400,000 in Coinbase & Kraken Cases but Judge Doesn't Think He Has the Money
26.7.2023
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: South Korea Launches the Joint Investigation Centre for Crypto Crimes, Singapore Rules Crypto is Property...
Dogecoin Pulls Back as These Indicators Signal Conditions Overbought – But Here’s Why the DOGE Outlook Remains Strong
26.7.2023
After surging more than 10% on Tuesday, its biggest one-day gains since early April, Dogecoin (DOGE) has succumbed to profit-taking on Wednesday and was last trading around 3.5% lower.
Dogecoin hit its highest level since April on Tuesday around $0.084 as traders bid the meme coin up on hopes...
SEC Appeal Can Bring More Wins To XRP, RippleLabs Legal Team Suggests
26.7.2023
Ripple’s legal chief Stuart Alderoty says that a potential appeal by the Securities and Exchange Commission (SEC) after the recent ruling could play into the hand of the company.
Alderoty believes that any appeal by the Commission will consolidate the company’s partial win as the battle...
US DOJ Seeks 6-8 Weeks to Process Evidence in Alex Mashinsky's Crypto Fraud Case
26.7.2023
The US Department of Justice (DOJ) has requested six to eight weeks to gather evidence for its case against Alex Mashinsky, the founder and former CEO of cryptocurrency lender Celsius.
In a court filing on Tuesday, Judge John G. Koeltl announced that the next conference for the case will take...
Shaoxing, China, Launches Asian Games-themed Digital Yuan Giveaway – CBDC Showcase Planned
26.7.2023
The Chinese city of Shaoxing is planning an Asian Games-themed digital yuan giveaway, as the nation prepares for a major central bank digital currency (CBDC) showcase.
China News Network (via East Money) reported that Shaoxing will issue residents with around $5.6 million worth of digital yuan...
Chinese Bank Launches CBDC Bulk Commodity Clearing Service – Digital Yuan Adoption Accelerates?
26.7.2023
Banks in China are looking to adopt the digital yuan in more of their operations, and have launched the nation’s first central bank digital currency (CBDC)-powered settlement service for bulk commodity spot clearing.
Per JRJ, Industrial Bank, a Fuzhou-based joint-stock commercial bank,...
Dogecoin Price Prediction as DOGE Bulls Eye Quick 20% Rally to This Key Resistance Zone
25.7.2023
Dogecoin (DOGE) is pumping.
The world’s largest meme cryptocurrency by market capitalization, which is an independent decentralized crypto network in its own right, jumped another 10% on Tuesday, taking its weekly gains to nearly 15%.
Dogecoin has been pumping ever since Elon Musk’s rebrand...
Sam Bankman-Fried's Family Under Scrutiny: Court Filings Reveal Alarming Behavior
25.7.2023
Recent court revelations surrounding Sam Bankman-Fried's family have exposed a web of deceit.
One such revelation concerned Samuel Bankman, Bankman-Fried's father, who has been using the $10 million gifted to him by his son, which was allegedly looted from FTX customers, to pay for his legal...