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December 27, 2023
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Hong Kong to oblige stablecoin issuers to obtain license – consultation paper

The criteria for obtaining an HKMA license will include full backing of all circulating stablecoins with reserves “at least equal to the par value.”   Hong […]
December 27, 2023
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Grayscale refiles Bitcoin ETF application as Barry Silbert departs

Grayscale has “finally surrendered” to cash creations in its amended filing to convert GBTC into a spot Bitcoin ETF.   Grayscale, a cryptocurrency asset management firm, […]
December 27, 2023
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Crypto ‘trading platforms’ were part of $2.2B illegal Chinese forex ring: Report

The latest bust is another salvo in China’s war on capital flight — which some believe is the real reason behind the country’s continued ban on […]
December 27, 2023
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Bitrace report zeroes in on stablecoin money laundering methods

Illegally obtained stablecoin may sell at a premium or a discount, depending on how it is being laundered.   Blockchain research firm Bitrace has conducted a […]
December 27, 2023
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ARK’s Cathie Wood sees short-term effect of spot Bitcoin ETF as ‘sell on news’

ARK Invest CEO Cathie Wood expects some investors to “sell on the news” of spot Bitcoin ETF approval in the short term, but the long-term perspective […]
December 27, 2023
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Amid legal troubles, Changpeng Zhao’s wealth increased by $25B in 2023

Bloomberg ranked the former Binance CEO as the 35th wealthiest person on the planet, ahead of Citadel CEO Ken Griffin and behind Uniqlo CEO Tadashi Yanai. […]
December 26, 2023
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Tether mints $1B USDT for ‘inventory replenish’ — CEO Paolo Ardoino

Tether Treasury minted another one billion “authorized but not issued” USDT on Christmas Day, triggering some skepticism from the community.   Tether, the company behind the […]
December 26, 2023
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Stablecoin laws: 25 countries had legislation in place in 2023

Out of 43 countries analyzed by PwC, as many as 25 jurisdictions had stablecoin regulations in place in 2023.   The stablecoin sector, featuring cryptocurrencies like […]
December 26, 2023
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Sotheby’s sold $35 million worth of digital art in 2023

The 279-year-old British-American auction house also recorded the highest fee for digital artwork yet in 2023.   Sotheby’s, the renowned fine arts auction house, has reported […]
December 26, 2023
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SEC sets deadline for spot Bitcoin ETF updates on Dec. 29

The issuers that don’t meet the Dec. 29 deadline will not be part of the first wave of potential spot Bitcoin ETF approvals in early January. […]
January 12, 2024
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Big changes coming to Ethereum’s account abstraction to save on gas

The Ethereum Foundation is making significant strides in enhancing the Ethereum network’s efficiency, particularly focusing on reducing gas consumption, a critical issue for both the main […]
January 11, 2024
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SEC bent rules for spot Bitcoin ETF approvals — Commissioner Uyeda

Following the United States Securities and Exchange Commission (SEC) approval of several fund managers’ applications to list spot Bitcoin exchange-traded funds (ETFs), SEC Commissioner Mark Uyeda […]
January 11, 2024
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Polymarket punters gambled $12M on the outcome of spot Bitcoin ETFs

A decentralized predictions market built on the Polygon network saw over $12 million wagered on whether the United States would approve a spot Bitcoin exchange-traded fund […]
January 11, 2024
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OpenAI to introduce AI app monetization with GPT Store

OpenAI has announced plans to enable creators of generative pre-trained transformer (GPT) models to monetize their personalized AI systems through its GPT Store, a marketplace for […]
January 11, 2024
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OpenAI eyes partnership with CNN, Fox and Time to secure news content licensing

OpenAI, the AI development company, is currently engaged in discussions with major media corporations, including CNN, Fox Corp., and Time, regarding the licensing of their news […]
January 11, 2024
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New Bitcoin ETFs “democratize access to the market,” EU analyst says

The recent decision by the United States Securities and Exchange Commission (SEC) to approve the country’s first spot Bitcoin exchange-traded funds (ETFs) has generated significant excitement […]
January 11, 2024
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BlackRock SEC approval record at 576-1 post-BTC ETF nod — Is Ether ETF next?

On January 10, the United States Securities and Exchange Commission (SEC) granted approval to the world’s largest asset manager, BlackRock, and 13 other institutional giants to […]
January 11, 2024
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First spot Bitcoin ETF in US begins trading in pre-market with double-digit gains

The first-ever spot Bitcoin exchange-traded fund (ETF) in the United States has commenced trading in the pre-market after receiving approval from the U.S. Securities and Exchange […]
January 11, 2024
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Elon Musk initially disses, then considers using Bitcoin on Mars

Initially hesitant about using Bitcoin as a currency on Mars, Tesla CEO and SpaceX founder Elon Musk may have had a change of heart, albeit cautiously. […]

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