Author: Chris Smith
Coinbase Obtains License from Singaporean Authorities
Reading Time: < 1 minute Coinbase has obtained a license from the Singaporean authorities, allowing the exchange to serve local Bitcoin traders.
Circle Says Stablecoins Aren’t Securities
Reading Time: < 1 minute According to Circle’s general counsel and former CFTC head Heath Tarbert, buyers of stablecoins are not looking for profit, making it clear that these assets are not considered investment contracts.
Hong Kong Seizes Almost $3M in JPEX’s Case
Reading Time: < 1 minute The ongoing investigation into the collapse crypto exchange JPEX has resulted in the seizure of over $2.8 million.
ETH and BTC Will Grow Following ETF Launch: Report
Reading Time: < 1 minute Research by K33 and Kaiko analysts have revealed that the Ethereum to Bitcoin ratio has reached new annual lows.
Ethereum Devs Restart Holesky Testnet
Reading Time: < 1 minute The Holesky testnet, developed by the Ethereum blockchain team, was finally launched after a failed first attempt on the anniversary of the Merge update.
Coinbase CEO Criticizes British Bank Chase Decision to Suspend Crypto Transactions
Reading Time: < 1 minute Coinbase CEO Brian Armstrong has expressed his thoughts on Chase Bank’s recent decision to cease cryptocurrency operations in the British market.
Volume of Crypto Funds Increases to $650B: Bernstein
Reading Time: < 1 minute According to a report from the brokerage firm Bernstein, the assets under management of cryptocurrency funds are expected to increase to $650 million in the next five years.
JPEX Organizers Said to Have Escaped
Reading Time: < 1 minute According to reports from the South China Morning Post, the co-founders and CEOs of JPEX, a now-collapsed Hong Kong exchange, are suspected to have fled.
Tether Suspends USDT Tranfers to Fiat and DeFi Project from Singapore
Reading Time: < 1 minute Cake, a DeFi protocol based in Singapore, has announced that Tether will no longer be converting its stablecoin into US dollars.
Bloomberg Strategist: Bitcoin Will Fall to $25K
Reading Time: < 1 minute According to Bloomberg Intelligence strategist Mike McGlone, Bitcoin’s value may continue to face downward pressure until the end of 2023.
US Democrats Say Republican Bill Against Digital Dollar is Stupid
Reading Time: < 1 minute The introduction of a bill by Republicans that would ban the distribution of CBDCs by the Federal Reserve to individual citizens has sparked criticism from Democrats.
Tether Spends $420M to Purchase Nvidia GPUs
Reading Time: < 1 minute Tether Limited, the issuer of the USDT stablecoin, has made a $420 million purchase of 10,000 H100 chips from Nvidia.
Hester Peirce: SEC’s Crypto Policy Might Change
Reading Time: < 1 minute SEC Commissioner Hester Peirce has acknowledged that the agency’s current stance on the crypto industry may see changes.
Stanford University to Return $5.5M in Donations from FTX
Reading Time: < 1 minute Stanford University, where the parents of FTX and Alameda Research founder Sam Bankman-Fried (SBF) were employed, has decided to return $5.5 million in donations.
Ukraine Becomes 5th Country in Terms of Crypto Adoption: Report
Reading Time: < 1 minute Ukraine held the fifth position globally for cryptocurrency adoption in 2023.
Binance CEO Rejects SEC’s Arguments Against Exchange’s US Division
Reading Time: < 1 minute Binance CEO CZ has rejected the SEC’s allegations, stating that their US division had never used the custody service previously known as Binance Custody.
Outflows From Crypto Funds Hit $455M: Report
Reading Time: < 1 minute During the period of September 9 to 15, a total of $54 million were withdrawn from cryptocurrency investment products.
TikTok Scammers Use Elon Musk’s Image to Steal BTC
Reading Time: < 1 minute A new round of fraudulent cryptocurrency distribution allegedly on behalf of Elon Musk is targeting TikTok users.
Meta to Expand its Horizon Worlds Metaverse to Mobile Devices
Reading Time: < 1 minute Meta has announced the opening of early access to the first world of the Horizon Worlds metaverse beyond VR headsets.
ApeCoin Community Gives Green Light to $12M Allocation for New NFT Collection
Reading Time: < 1 minute AIP-304, a proposal put forth by Taiwanese entrepreneur Jeffrey Huang (known under the pseudonym Machi Big Brother), was voted in favor of by token holders of ApeCoin (APE) on September 15-21.
Binance Rolls Out a New Anti Scam Program for P2P Platform Users
Reading Time: < 1 minute Binance has launched an Anti-Scam Ninja program for all users of its P2P platform.
SWIFT’s CBDC Interoperability Pilot is Joined by Additional Central Banks
Reading Time: < 1 minute SWIFT has connected the central banks of three countries to the second stage of its pilot testing for the compatibility of traditional systems with CBDC.
Crypto Exchange Binance Announces $500K in BNB Tokens Donation to Libya Flood Victims
Reading Time: < 1 minute Binance Charity is donating BNB tokens worth up to $500,000 to Libyan users in aid of their flood recovery.
PayPal Launches a Service to Convert Crypto into USD
Reading Time: < 1 minute PayPal has announced the launch of a service that will give U.S. residents the ability to exchange cryptocurrencies such as Bitcoin (BTC), Ether (ETH), Bitcoin Cash (BCH), and Litecoin (LTC) for US dollars.
SushiSwap Adds Support for Aptos Network
Reading Time: < 1 minute Decentralized exchange SushiSwap has just announced it has added support for the Aptos blockchain.
