Author: Tony Pearce
Kraken to Offer IT Stock Trading
Reading Time: < 1 minuteIn response to declining interest from investors in the cryptocurrency market, Kraken has announced plans to bolster its financial standing by launching trading for shares of IT companies.
Binance in Vulnerable Position Due to Regulatory Pressure in US: WSJ
Reading Time: < 1 minuteThe Wall Street Journal has reported that Binance is facing pressure from US regulators, leading to its vulnerability.
BlockFi Receives Approval to Implement Liquidation Plan
Reading Time: < 1 minuteThe bankruptcy proceedings for BlockFi, a crypto lending platform, have been granted court approval to move forward with their plan to cease operations.
Ordinals Creator Introduces Alternative to BRC-20 Standard
Reading Time: < 1 minuteThe creator of Ordinals has stated that a new standard for fungible Runes tokens would not result in as much unwanted clutter on the Bitcoin network as BRC-20 did.
US Sanctions Ethereum Wallet Linked to Sinaloa Cartel
Reading Time: < 1 minuteThe US Treasury Department’s Office of Foreign Assets Control (OFAC) has taken action against Jimenez Castro, a member of the Mexican Sinaloa drug cartel, by imposing sanctions on him.
Coinbase’s BTC Holdings Amount to Almost $1M
Reading Time: < 1 minuteCoinbase is reported to hold approximately 5% of the current Bitcoin market supply.
Tim Draper Creates Accelerator to Support Crypto Startups
Reading Time: < 1 minuteTim Draper, a well-known investor and billionaire, has recently introduced Draper Goren Blockchain (DGB), a “venture studio” focused on driving innovation in the realm of decentralized finance through early-stage funding for crypto projects.
Bitcoin Could Reduce Methane Emissions by 8%: Report
Reading Time: < 1 minuteBitcoin has the potential to contribute to the global energy transition and decrease the emission of harmful pollutants.
MarketAcross and Turingum Will Help Bridge Japanese and Global Web3 Ecosystems
Reading Time: < 1 minuteMarketAcross has announced it has joined forces with Turingum, a Japanese Web3 technology company focusing on tokenomics design, DeFi and smart contract development.
Robert Kiyosaki Calls Investors to Buy BTC and Precious Metals
Reading Time: < 1 minuteAccording to financial expert Robert Kiyosaki, the safest assets during times of global economic uncertainty are Bitcoin, gold, and silver.
Crypto Exchange CoinEx Resumes Operations
Reading Time: < 1 minuteStarting from September 21, users will once again be able to deposit and withdraw funds on the trading platform.
Jeremy Allaire Believes US Will Not Launch a Stablecoin Law in Short Term
Reading Time: < 1 minuteIn late 2022, Circle CEO Jeremy Allaire urged the US Congress to prioritize the creation of legislation for stablecoins.
Paxos Unveils Data on PYUSD Reserves
Reading Time: < 1 minuteAs of August 31, there are currently 44.4 million PYUSD in circulation, which are backed by US Treasuries.
North Korean Hackers Steal $340M in Crypto in 2023
Reading Time: < 1 minuteTRM Labs has reported in August that North Korean cybercriminals had stolen around $2 billion in digital currencies since 2018.
Bybit Considering Leaving the UK’s Market Due to Regulatory Pressure
Reading Time: < 1 minuteThe CEO of Bybit, Ben Zhou, has noted that the company may be forced to leave the British market.
Brad Garlinghouse Says US is Worst Country for Crypto Companies
Reading Time: < 1 minuteRipple CEO Brad Garlinghouse has reiterated his earlier claim that crypto companies are facing repressiveness in the US due to the harsh policies of the authorities.
Lazarus Hackers Might Be Behind CoinEx’s $55 Million Attack
Reading Time: < 1 minuteExperts from SlowMist have surmised that the Lazarus Group may be responsible for the attack on CoinEx.
Gary Gensler: The SEC Seeks to Regulate Crypto
Reading Time: < 1 minuteGary Gensler has stated in a Senate Banking Committee hearing that the majority of cryptocurrencies are regarded as securities and fall under the SEC’s jurisdiction.
MetaMask Starts Tests of Cross-chain Project Snaps
Reading Time: < 1 minuteMetaMask have begun open beta testing of their Snaps protocol, which expands their non-custodial wallet application beyond EVM networks.
Animoca Brands Attracts $20M for Mocaverse Metaverse
Reading Time: < 1 minuteAn additional round of $20 million in common stock has been raised by Animoca Brands, a Hong Kong based blockchain gaming operator, for the Mocaverse metaverse project.
Accused of Organizing $27M Crypto Fraud Are Arrested in Thailand
Reading Time: < 1 minuteOver 3,280 victims were deceived by the bchgloballtd.com platform which is suspected of being involved in gold and USDT stablecoin investment frauds.
JPMorgan: The Cost of Mining 1 BTC is $18K
Reading Time: < 1 minuteJPMorgan experts have revised estimates regarding the cost of mining 1 BTC; previously estimated at $21,000, they have lowered it to $18,000.
Apple Buys Film Rights to a Book About FTX Former CEO
Reading Time: < 1 minuteApple reportedly paid $5 million for the rights to film a book based on the story of the founder of the now-bankrupt crypto exchange FTX, Sam Bankman-Fried.
A Market Maker Loses $24M Due to Phishing Attack
Reading Time: < 1 minuteOn September 7, a major market maker involved in extensive trading experienced the most dramatic single-person wallet hack to date.
Polygon Management Team Says MATIC Was Not Dumped
Reading Time: < 1 minute10.6 million MATIC tokens seemed to have been transferred from two wallets believed to belong to the Polygon Foundation to Binance.
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