Category: News
Latest news on blockchain, cryptocurrencies and the crypto world in general.
Argentina’s Central Bank: The CBDC Will Protect Domestic Economy
Reading Time: < 1 minuteAccording to the Central Bank of Argentina, the introduction of a digital currency (CBDC) into the domestic market has the potential to stabilize the nation’s economy.
Report: Interest in Ethereum-ETF Futures Not as High as Expected
Reading Time: < 1 minuteAccording to analysts from K33 Research, the trading volume of Ethereum futures ETF after its listing was only 0.2% of similar Bitcoin-based instruments in 2021.
Judge Rejects SEC’s Appeal in Ripple Case
Reading Time: < 1 minuteJudge Analisa Torres of the District Court has denied the SEC’s request for an interlocutory appeal in the case against Ripple, where XRP was only partially recognized as a security.
Portugal Gives Support to EU Legislation on Crypto Regulation
Reading Time: < 1 minutePortugal is in support of this regulatory framework, but believes that oversight of cryptocurrency transactions should also happen on a global scale.
Court Gives Bitcoin Pyramid AirBit Club Employees Prison Sentences
Reading Time: < 1 minuteEmployees of the international cryptocurrency pyramid, AirBit Club, were sentenced to prison by the Southern District of New York court.
Spanish Law Enforcement Agency Confirms John McAfee Committed Suicide in Prison
Reading Time: < 1 minuteA Spanish court has officially attributed suicide as the cause of death for cryptocurrency entrepreneur John McAfee.
Chainalysis to Lay Off Up to 150 Employees Due to Financial Difficulties
Reading Time: < 1 minuteFacing financial difficulties, Chainalysis, a firm specializing in blockchain analysis, has been forced to reevaluate its approach to personnel policies.
LayerZero Teams Up with Conflux to Expand into China
Reading Time: < 1 minuteThe LayerZero Omnichain protocol has formed a partnership with Conflux to utilize the blockchain-based SIM cards (BSIM) developed by the startup and China Telecom.
Solana’s TVL Hits Yearly High
Reading Time: < 1 minuteThe total locked value (TVL) on the Solana blockchain yesterday surpassed $339 million, marking the highest amount since November 2022.
Coinbase Obtains License from Singaporean Authorities
Reading Time: < 1 minuteCoinbase has obtained a license from the Singaporean authorities, allowing the exchange to serve local Bitcoin traders.
Shutdown Fears Stimulate Investments in Crypto Funds: Report
Reading Time: < 1 minuteFrom September 23 to September 29, there was an increase in investments in cryptocurrency products due to concern about a potential US government shutdown.
Circle Says Stablecoins Aren’t Securities
Reading Time: < 1 minuteAccording 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.
Bernstein Analysts Predict Cryptos’ Legalization Will Be Completed in 5 Years
Reading Time: < 1 minuteAccording to forecasts from Bernstein, the crypto market will likely be legalized in most countries around the world in the next five years.
Hong Kong Seizes Almost $3M in JPEX’s Case
Reading Time: < 1 minuteThe 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 minuteResearch by K33 and Kaiko analysts have revealed that the Ethereum to Bitcoin ratio has reached new annual lows.
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.
Ethereum Devs Restart Holesky Testnet
Reading Time: < 1 minuteThe Holesky testnet, developed by the Ethereum blockchain team, was finally launched after a failed first attempt on the anniversary of the Merge update.
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.
Coinbase CEO Criticizes British Bank Chase Decision to Suspend Crypto Transactions
Reading Time: < 1 minuteCoinbase CEO Brian Armstrong has expressed his thoughts on Chase Bank’s recent decision to cease cryptocurrency operations in the British market.
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.
Volume of Crypto Funds Increases to $650B: Bernstein
Reading Time: < 1 minuteAccording 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.
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.
JPEX Organizers Said to Have Escaped
Reading Time: < 1 minuteAccording 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.
Coinbase’s BTC Holdings Amount to Almost $1M
Reading Time: < 1 minuteCoinbase is reported to hold approximately 5% of the current Bitcoin market supply.
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