July 20, 2023

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

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

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

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

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

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

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

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

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 […]
July 18, 2023

Crypto memes can be considered financial promotions, says UK watchdog

Memes found to be non-compliant with financial promotion rules could carry up to two years in jail under a proposal from the FCA.   According to […]

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