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  Posted by u/ 12 months ago

AnchorWatch raises $3 million in seed round led by Ten31

Crypto insurance provider AnchorWatch has announced a $3 million round led by investment firm Ten31. AnchorWatch offers Trident Vault, a protocol native custody solution for commercial entities holding Bitcoin. The platform will use the funding to undertake key regulatory and capital requirements. AnchorWatch, a US-based provider of bespoke insurance products for commercial entities that hold […]

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  Posted by u/ 12 months ago

Stafi (FIS) defies crypto market outlook, token up 13%

Stafi (FIS) price is up 3% in the past 24 hours and 13% this past week. The Staking Finance governance token has seen a spike in whale transactions of $100k+, on-chain data shows. Interest is seeing FIS outperform major altcoins. Stafi (FIS), the governance token of the StaFi protocol, has seen a decent spike in […]

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  Posted by u/ 12 months ago

Bitcoin could dip below $26k as Memeinator?s presale commences in a few hours

Key takeaways Bitcoin has been underperforming this week and could drop below the $26k level soon. Memeinator’s presale is set to commence in less than 20 hours as investors show interest. The cryptocurrency market has been underperforming this week, with prices of most coins and tokens in the red zone. Despite the bearish trend, investors […]

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  Posted by u/ 12 months ago

Chase Bank announces an outright ban on crypto payments in the U.K.

Chase Bank will start to block crypto payments in U.K. from October 16th. The retail bank says the ban is related to an increase in crypto frauds. Chase Bank has an active user base of well over 1.0 million in the U.K. Chase Bank – a subsidiary of JPMorgan has decided to ban crypto-related transactions […]

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  Posted by u/ 12 months ago

Decrypt Introduces the 1000x Loyalty Program and Destination for Financial Entertainment

New York, United States, September 26th, 2023, Chainwire Decrypt Media Inc. has officially announced 1000x, the first loyalty program for degens. The announcement comes on the heels of the launch of Degen Alley, an expansion of the site’s editorial coverage into new and barely explored corners of the crypto space. Degen Alley embraces the “degenerate” […]

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  Posted by u/ 12 months ago

SEC delays decision on ARK Invest Bitcoin ETF

The SEC has delayed its decision on the ARK 21Shares Bitcoin ETF decision to early 2024. Also delayed is the Global X Bitcoin Trust application. Analysts expect the regulator to delay other proposals amid the likelihood of a US government shutdown. The Securities and Exchange Commission (SEC) has yet again delayed a decision on the […]

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  Posted by u/ 12 months ago

US gov?t messed up my $250K Bitcoin price prediction: Tim Draper, Hall of Flame

Tim Draper?s first big Bitcoin prediction came off without a hitch, but he says the current administration is making his second one look bad.

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  Posted by u/ 12 months ago

Ben Armstrong, Founder of Bitboy Crypto Channel, Released on Bail After Arrest

Armstrong has had an apparent fallout with his former business partners, several tweets suggest.

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  Posted by u/ 12 months ago

World May Not Be Ready for U.S. Interest Rate at 7%, JPMorgan CEO Says

U.S. rates at 7% could push the U.S. economy into a recession, triggering risk aversion in financial markets.

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  Posted by u/ 12 months ago

Celsius' Bankruptcy Nears End as Creditors Approve Reorganization Plan

Bankrupt crypto lender Celsius' creditors have voted to approve a plan that would return 67%-85% of holdings back to them.

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  Posted by u/ 12 months ago

Crypto Funds Could Manage as Much as $650B Within 5 Years, Bernstein Says

The crypto industry is expected to transition into a formal, regulated asset management industry from a ?cottage industry? with $50 billion of assets, the report said.

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  Posted by u/ 12 months ago

Sam Bankman-Fried Refiles for Temporary Release Ahead of Trial

The jailed founder of collapsed cryptocurrency exchange FTX, has renewed his request to be released temporarily during the course of his trial.

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  Posted by u/ 12 months ago

Binance Restarts in Belgium Three Months After Order to Stop

In June the exchange was ordered by the Financial Services and Markets Authority to stop serving Belgium clients.

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  Posted by u/ 12 months ago

Ethereum Staking in 2023: A Year of Growth and Transformation

Ethereum staking saw strong demand from institutions following the Merge. Even if the adoption rate slows down in a few months, its future looks promising, say Vivek Chauhan and David Lawant, of FalconX.

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  Posted by u/ 12 months ago

Overcrowded, No Heat, Little Light: Inside SBF's Prison Digs

Former FTX CEO Sam Bankman-Fried has traded his palatial Bahamas bunker for a bunk bed as he transitions from luxe to lockup.

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  Posted by u/ 12 months ago

Taiwan Issues Crypto Guidance as It Steps Up Regulation

The guiding principles focus on customer protection and includes requirements to custody client funds separately from company assets.

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  Posted by u/ 12 months ago

Market Maker KeyRock Secures Swiss Anti-Money Laundering Clearance

The Brussels-based crypto firm joins the likes of BitGo in being approved by standards body VQF.

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  Posted by u/ 12 months ago

First Mover Americas: Coinbase Registers With Central Bank of Spain

The latest price moves in bitcoin (BTC) and crypto markets in context for Sept. 26, 2023. First Mover is CoinDesk?s daily newsletter that contextualizes the latest actions in the crypto markets.

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  Posted by u/ 12 months ago

Chase U.K. to Block Crypto Payments Citing Fraud, Scams

Starting Oct. 16, the bank will decline customer attempts to make payments related to crypto assets.

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  Posted by u/ 12 months ago

Kraken Pushes Forward on Expansion in Spain, Ireland With Key Regulatory Steps

Kraken obtained a registration from Spain's central bank, while its Irish subsidiary secured a license.

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  Posted by u/ 12 months ago

IRS Proposed Rule on Digital Asset Broker Reporting Could Kill Crypto in America

The proposal creates unworkable requirements for decentralized finance in the U.S. and serves as an important cautionary tale.

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  Posted by u/ 12 months ago

Arbitrum Users Can Now Trade Bitcoin Mining Power With Each Other

Mining marketplace Lumerin was released Tuesday on the Arbitrum network.

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  Posted by u/ 12 months ago

Gary Gensler Is Wrong About Proof-of-Stake Tokens

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  Posted by u/ 12 months ago

Ethereum Wallet Tied to Sinaloa Cartel Sanctioned by U.S. Government

The United States' Office of Foreign Assets Control (OFAC) has sanctioned an Ethereum wallet tied to a Mexican man from Sinaloa named Jimenez Castro.

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  Posted by u/ 12 months ago

NFT Brand Pudgy Penguins Debuts Toy Collection in 2,000 Walmart Stores

Each toy provides access to Pudgy World, a multiplayer digital social experience, which could help improve visibility and users of the Pudgy Penguin brand.

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  Posted by u/ 12 months ago

The Barrier to Mainstream Crypto Adoption Isn?t UX ? It?s Product-Market Fit

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  Posted by u/ 12 months ago

Circle's Euro-Pegged Stablecoin Is Now Available on Stellar Network

With expanding EURC stablecoin to Stellar, Circle expects to boost European remittance channels, cross-border payments, treasury management and aid disbursement.

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  Posted by u/ 12 months ago

Why Binance and Banking Giant MUFG Want to Issue Stablecoins in Japan

Binance Japan and Mitsubishi UFJ bank want to help with the country's Web3 ambitions by issuing stablecoins.

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  Posted by u/ 12 months ago

Almost All Crypto Employees Take Pay in Fiat, Pantera Study Finds

The median pay globally among 570 engineers surveyed was $120,000, with those in North America getting $193,000, up 1.5% versus the prior year, based on the study.

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  Posted by u/ 12 months ago

Bitcoin Barely Holds $26K as Interest Rate Surge Continues

Higher yields are taking a toll on traditional assets as well, with the Nasdaq sinking 1.2% to its lowest level since early June.

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  Posted by u/ 12 months ago

Binance?s Liquid Staked Ether Jumps to $1.2B in TVL After Sudden $500M Inflow

Binance?s liquid staking ether (ETH) saw a sudden $500 million burst of inflows over the weekend, pushing its total locked value (TVL) to $1.2 billion.

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  Posted by u/ 12 months ago

Sam Bankman-Fried Can Ask DOJ Witnesses About Drug Use

Judge Lewis Kaplan, who's overseeing Sam Bankman-Fried's upcoming trial, set guardrails for certain witness questions and testimony.

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  Posted by u/ 12 months ago

How Staking Rates Can Drive the Crypto Economy Forward

Similar to interest rates in the traditional economy, staking rates provide transparency and measurability to investors, unleashing a wave of crypto-native financial products.

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  Posted by u/ 12 months ago

Blocknative to Suspend MEV-Boost Relay After Economics Fail to ?Materialize?

The decision followed internal discussions among the company?s leadership and board of directors, and the company plans to focus on "economically viable opportunities."

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  Posted by u/ 12 months ago

U.S. House Lawmakers Push SEC?s Gensler to Approve Spot Bitcoin ETF ?Immediately?

The U.S. Securities and Exchange Commission (SEC) should listen to the courts and give up its efforts to block exchange traded funds (ETFs) holding bitcoins, a bipartisan group of lawmakers argued in a letter to SEC Chair Gary Gensler.

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  Posted by u/ 12 months ago

SEC Extends Ark, Global X ETF Deadlines as Government Shutdown Looms

The efforts from Ark 21Shares and Global X to list spot bitcoin exchange traded funds (ETFs) must now officially wait longer for the U.S. Securities and Exchange Commission (SEC) to either approve or reject or deny their applications as the agency moved to extend deadlines Tuesday.

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  Posted by u/ 12 months ago

Digital Arm of Thailand?s SCBX and Korean Web3 Firm Hashed Ink R&D Partnership

The partnership comes weeks after KBank, rival of SCBX?s parent, announced a $100 million web3 fund.

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  Posted by u/ 12 months ago

The Government Shutting Down Isn't Great for Crypto

An impending government shutdown is probably Not Good News for crypto's D.C. hopes. On a trial-related note, you received preview copies of The SBF Trial, a newsletter we launched last week to keep readers up to speed on Sam Bankman-Fried?s time in court. The trial kicks off next Tuesday.

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  Posted by u/ 12 months ago

House Committee Champions Spot Bitcoin ETF Approval Immediately As SEC Faces Grilling

The bipartisan House Committee pushes the SEC for spot Bitcoin ETF approval. This call comes ahead of an upcoming hearing with SEC Chair Gary Gensler scheduled for later this week.

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  Posted by u/ 12 months ago

ARK 21Shares Bitcoin ETF Approval Delayed By SEC To Early Next Year

SEC delays decision on ARK 21Shares Bitcoin ETF and Global X Bitcoin Trust, signaling potential future delays for similar applications. Lawmakers also pressed SEC to hasten spot Bitcoin ETF approval.

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  Posted by u/ 12 months ago

BlockFi?s Customer Repayment Plan Now Approved By Court

The US Bankruptcy Court approves BlockFi's customer repayment plan for liquidation, raising hopes for them. Creditors may receive 35% to 63% of their debts, some in Bitcoin or Ethereum.

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  Posted by u/ 12 months ago

Hong Kong Crypto Exchange Scandal: JPEX Case Spotlights New Regulatory Challenges

The Hong Kong Crypto Exchange Scandal with JPEX spotlights regulatory challenges and investor risks, prompting debate on crypto market access, as per Bloomberg.

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  Posted by u/ 12 months ago

Bankman-Fried Prosecutors Have Critical Evidence Alleging His Bribes

Sam Bankman-Fried prosecutors can discuss his political donations in his fraud trial. Evidence of Bankman-Fried's alleged bribery attempt is permitted as it relates to his motive.

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  Posted by u/ 12 months ago

Binance?s BETH Witnesses Burn Of Over $500 Million Amid Community Suspicions

In recent developments in the world of cryptocurrency, Conor Grogan, a director at Coinbase, made a notable statement on the X platform, shedding light on Binance's BETH significant transactions.

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  Posted by u/ 12 months ago

SEC Chair Gary Gensler Is Firm With His Stance On The Crypto Industry Is A Scam

In his earlier statement, SEC Chair Gary Gensler has been vocal about the prevalence of fraud, abuse, and misconduct within the crypto industry, he continues to stress this point.

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  Posted by u/ 12 months ago

Sui Network?s TVL Growth Is Incredible In Just 2 Months

Sui Network's TVL doubles to $31 million in two months, driven by DeFi strength. The network's standout features include parallel transaction processing and stable 24-hour gas fees, solidifying its blockchain presence.

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  Posted by u/ 12 months ago

Arbitrum Odyssey Relaunched With The First Week?s Tasks Are Now Available In GMX

The relaunch of the Arbitrum Odyssey campaign comes after a temporary pause of the original campaign, which was halted due to network congestion after the first week.

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  Posted by u/ 12 months ago

Top Crypto Set to Explode in the Next Bull Run

The cryptocurrency market remains synonymous with volatility; although "bear markets" signal downturns, "bull runs" signify periods of optimism.

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  Posted by u/ 12 months ago

Binance Collaborates With Banking Giants to Launch Stablecoins in Japan

BinanceÂ\xa0has announced plans to launch stablecoins denominated in the dollar, euro, and yen inÂ\xa0Japan.

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  Posted by u/ 12 months ago

SEC Concerned About Coinbase?s Deal With Celsius: Report

Celsius has recently selected Coinbase to act as a distributor for international customers, but the deal has yet again set the SEC on edge.

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