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July 20, 2023
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No impact from Ripple ruling? SEC chair cites risks from crypto in budget request

Gary Gensler cited the “Wild West of the crypto markets” that was “rife with noncompliance” in requesting more than $2.4 billion for the commission’s 2024 fiscal […]
July 20, 2023
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Kuwait bans crypto and virtual asset transactions

Kuwait’s Capital Markets Authority has officially confirmed the commitment to “absolute prohibition” of virtually all crypto operations in the country.   On July 18, Kuwait’s main […]
July 20, 2023
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China’s digital yuan nears $250B transaction volume: Central bank governor

While the adoption and use cases of China’s central bank digital currency are expanding, the digital yuan still only represents 0.16% of China’s monetary supply.   […]
July 20, 2023
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ChatGPT’s capabilities are getting worse with age, new study claims

Some of ChatGPT’s responses have shown the model’s accuracy deteriorated over the last few months and researchers can’t figure out why.   In a recent study […]
July 19, 2023
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Australia’s financial regulator cancels license for FTX’s local entity

ASIC had previously suspended FTX’s license to operate in Australia; now the securities regulator has canceled it entirely.   The Australian financial services regulator, the Australian […]
July 19, 2023
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Altcoins ‘bled’ as Bitcoin gained dominance in Q2: CoinGecko

Exchange, DeFi and metaverse tokens were hit hard in the second quarter of 2023 while Bitcoin continued to make gains.   According to CoinGecko’s industry report […]
July 19, 2023
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Dormant pre-mined Ethereum worth $116M resurrects after 8 years

During the pre-mine period, the 61,216 Ether was worth roughly $20 million, but eight years later, it’s worth more than $116 million.   A wallet address […]
July 19, 2023
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Celsius could repay all claims if Bitcoin, Ether prices rose 2X – Simon Dixon

Dixon said creditors should fight to get out of the bankruptcy proceedings before the end of 2023, or before the price of BTC and ETH hit […]
July 19, 2023
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Bitcoin miners hedging with recent sell-offs: Bitfinex report

All-time high hash rates and mining difficulty indicate that miners are bullish on Bitcoin, while recent sell-offs could be a means to hedge positions.   According […]
July 18, 2023
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Healthy competition welcome – Polygon zkEVM lead

Prominent Ethereum development firms have rolled out varying zero-knowledge scaling solutions that drive healthy competition in the ecosystem.   According to Jordi Baylina, the technical lead […]
September 18, 2023
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Base Network hits almost 2M transactions in a day, still trails Polygon, BSC

Base surpassed other layer-2 networks like Optimism and Arbitrum in terms of daily transactions but still lagged behind Polygon and BSC.   Coinbase’s layer-2 network, Base, […]
September 18, 2023
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9 US senators publicly back Elizabeth Warren’s crypto bill

Senator Elizabeth Warren announces the expansion of her coalition to crack down on “crypto’s use in money laundering, drug trafficking, sanctions evasion.”   Nine US Senators […]
September 18, 2023
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Web3 is about solving business problems, not token prices: Google Cloud exec

While TradFi is the main source of demand for blockchain tech, digital identity and supply chain are exciting areas too, according to Google Cloud Head of […]
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. […]

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