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September 18, 2023
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US lawmakers advance legislation blocking the digital dollar

On Sept. 20, the House Financial Services Committee will mark up two bills blocking a potential digital dollar in the United States.   The U.S. House […]
September 18, 2023
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South Korea focuses on OTC crypto regulations as unlawful deals reach $4B

According to the Korea Customs Service report, the value of unlawful foreign exchange transactions made using digital currency was estimated to be worth $4 billion last […]
September 18, 2023
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Scaramucci leads bidding for Silicon Valley Bank VC arm: Report

Anthony Scaramucci’s SkyBridge Capital is among the asset management firms leading the bids for Silicon Valley Bank’s venture capital arm, with a sale expected in the […]
September 18, 2023
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Kazakhstan establishes regulatory agency to implement CBDC

The National Payment Corporation will be responsible for the development of “digital financial infrastructure,” including the implementation of the digital tenge.   The National Bank of […]
September 18, 2023
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JPEX blames partners for ‘maliciously’ freezing funds, causing liquidity crisis

Crypto exchange JPEX has pointed the finger at its third-party market makers for “maliciously” freezing funds, which led to the exchange being forced to hike withdrawal […]
September 18, 2023
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Crypto influencer arrested in Hong Kong for JPEX association

Hong Kong police reportedly arrested crypto influencer Joseph Lam (Lin Zuo), who goes by the username “jolamchok” on Instagram, for his association with crypto exchange JPEX. […]
September 15, 2023
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Decentralized stablecoins could dominate crypto: MakerDAO founder

MakerDAO’s Rune Christensen says appropriate regulation will see stablecoins become mainstream, but the real opportunity is in decentralized stablecoins.   Rune Christensen, co-founder of MakerDAO, believes […]
September 15, 2023
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Crypto market outflows reached $55B in August as liquidity dwindled — Bitfinex

Crypto’s liquidity crunch could allow event-based volatility to have a greater impact on prices, according to a recent analysis from Bitfinex.   In August, the crypto […]
September 15, 2023
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Bitcoin clean energy usage reportedly exceeds 50% — will Tesla start accepting BTC payments?

A Bloomberg analyst reported the percentage of energy used for Bitcoin mining coming from renewable sources had exceeded 50% due in part to miners fleeing China’s […]
September 14, 2023
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Coinbase CEO Champions DeFi, calls for court action to set legal precedent

Coinbase CEO Brian Armstrong cautioned the United States Commodities and Futures Trading Commission to avoid taking enforcement actions against DeFi protocols.   The world of artificial […]
October 31, 2023
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Biden administration issues executive order for new AI safety standards

Biden’s executive order establishes six new standards for AI safety and security and its intentions for ethical AI usage within the government.   The United States […]
October 31, 2023
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Avalanche blockchain explorer to shut down as Etherscan fees draw controversy

Annual subscription fees for Etherscan’s EaaS service has reportedly grown to $2 million per year.   SnowTrace, a well-known blockchain explorer tool for Avalanche, will be […]
October 30, 2023
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Google to invest another $2B in AI firm Anthropic: Report

Google has already invested $500 million as part of the deal, while the outstanding $1.5 billion will be paid over time, according to The Wall Street […]
October 30, 2023
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Gemini sues Genesis over GBTC shares used as Earn collateral, now worth $1.6B

Genesis wants to use the shares’ initial value in claims and is not releasing additional collateral transferred by DCG, the suit claims.   Gemini, a cryptocurrency […]
October 30, 2023
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Bitcoin-friendly El Salvador can become ‘Singapore of the Americas’ — VanEck adviser

VanEck strategy adviser Gabor Gurbacs expects a wave of new investment capital and immigration will push El Salvador’s economic growth in the coming years..   El […]
October 27, 2023
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Crypto reshapes the American dream for younger generations: Report

Young Americans are actively exploring fresh economic prospects independent of an obsolete financial system supported by sluggish institutions, according to a Coinbase report.   A recent […]
October 27, 2023
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Circle launches ‘points-to-crypto’ program with Taiwan convenience store chain

The partnership will allow FamilyMart customers to exchange their loyalty points for the Circle-issued USDC.   Circle, a U.S.-based stablecoin issuer, is collaborating with Taiwan’s second-largest […]
October 27, 2023
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Bitmain to start shipping new Bitcoin Antminer T21 in January 2024

Bitcoin miner supplier Bitmain has released its brand-new Antminer T21, featuring a computing power of 190 TH/s and an energy efficiency ratio of 19 J/TH.   […]
October 26, 2023
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Bitfinex Securities announces tokenized bond

Paolo Ardoino, Bitfinex chief technology officer and incoming Tether CEO, said the “exciting” initiative marks the beginning of a new era in capital raising.   Bitfinex […]

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