July 3, 2023

Thai SEC bans the use of customer crypto assets for lending and investment

Investor protection regulations have been under discussion since September 2022 amid the crypto lending crisis that saw firms such as BlockFi and Celsius declare bankruptcy.   […]
July 3, 2023

Singapore to require crypto firms to put user assets into trusts by year-end

MAS is also working to restrict crypto service providers from facilitating lending or staking for retail customers, but not for institutional ones.   The Monetary Authority […]
July 3, 2023

Robot guest-conducts the Korean National Symphony Orchestra

The android robot EveR 6 and conductor Soo-Yeoul Choi co-conducted a performance of six pieces with the Korean National Symphony Orchestra.   On June 30, South […]
July 3, 2023

Hut 8 relocates 6,400 rigs, sees growth in AI and high-performance computing

Bitcoin mining firm Hut8 continues to relocate miners from its idle North Bay site, with increasing demand for AI and high-power computing.   Hut 8 Mining, […]
July 3, 2023

Elon Musk imposes ‘rate limit’ on Twitter, citing extreme ‘system manipulation’

Verified Twitter users will be allowed to view 10,000 posts daily, while new, unverified accounts will get 500 under the new limits.   Social media platform […]
July 3, 2023

Binance conducts 11th LUNC burn, 2.65 billion tokens destroyed

The Terra Classic burn mechanism automatically burns tokens whenever a transaction occurs on the network.   Binance, the leading cryptocurrency exchange globally, has completed its 11th […]
July 3, 2023

Belarus wants to ban P2P cryptocurrency transactions

The Ministry of Foreign Affairs of the Republic of Belarus cited a high crypto crime rate for banning all citizens from exchanging Bitcoin with each other. […]
July 3, 2023

AI-generated fake news sparks rumors of Gary Gensler’s resignation

The rumors, which have set crypto Twitter ablaze, are the latest example of AI disinformation at work.   Rumors surrounding the resignation of United States Securities […]
June 30, 2023

SEC to present response to Coinbase’s legal defense on July 13

The court also rescheduled the pre-trial conference to a pre-motion conference, shifting it to July 13 from its original date of Aug. 24.   The United […]
June 30, 2023

Revolut US to delist ADA, MATIC and SOL in September

Crypto-friendly neobank Revolut has halted purchases of Cardano, Polygon and Solana for U.S. customers, but holding and selling remains available until mid-September.   Revolut, the cryptocurrency-friendly […]

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