However, the new venture raises many concerns, given the founders’ dubious reputations and the failures of their previous projects.
Alexander MardarEllison gets two years in prison, Sam Bankman-Fried shares a cell block with Sean "Diddy" Combs, while other FTX execs await their final fates.
Rebecca DentonUSDC's Circle has been making bold moves at home and abroad to secure the SEC's approval of its IPO. The combination of the digital dollar and going public strategy means this major stablecoin issuer introduces a new paradigm to money technology - a public seigniorage.
Eva Senzaj PauramPavel Durov changed Telegram's privacy policy to be more government-friendly. Is this the end?
Eva Senzaj PauramThe regulators banned platforms allegedly facilitating anonymous crypto transactions for criminal activities.
Sasha MarkevichHowever, the new venture raises many concerns, given the founders’ dubious reputations and the failures of their previous projects.
Alexander MardarRipple obtains financial services license approval in Dubai. Binance Kazakhstan secures first full trading license. Robinhood launches crypto transfers for European customers. Gemini to close all customer accounts in Canada. Binance adds risk warning banners for tokens with major tokenomics changes. FTX customers approve restructuring plan with 94% in favor.
The project will distribute approximately 12% of its supply to early users.
What do a famous vampire, TikTok, blockchain, high-end on-chain UX, $DEGEN, Base, and a guy who tokenized himself in 2020 have in common?
An ECB research paper on CBDC adoption strategies and cross border CBDC projects in Asia. Another digital note from HSBC as a new report on the state of tokenization reveals surging trading volumes and a spike in experimentation.
Happy Sunday Observers! Hamster Kombat’s “largest crypto airdrop ever” turned out to be one of the worst airdrops in crypto history. Users were disappointed, as everything that could fail failed, and the rewards of months of tapping turned out much smaller than users anticipated. Things started going south when
TUSD has always raised concerns among DeFi insiders. Now that the SEC's investigation results have become public, its survival is on the line.
The Open Network (formerly Telegram Open Network) team informed validators that the network might face overloads due to the Hamster Kombat airdrop.
Swiss nonprofit BIO Association plans to launch BIO tokens for its biotech network. Ohio state senator introduces bill requiring Ohio to accept Bitcoin for taxes. Ocean launches decentralized mining protocol to combat Bitcoin centralization. FTX restructuring hearing set for October 7. Taiwan's FSC permits pro investors to invest
The U.S. Securities and Exchange Commission has sued Coinbase, the U.S.-based cryptocurrency exchange, for operating as an “unregistered broker, exchange and clearing agency”.
Sasha MarkevichIn support of its emergency action to freeze Binance.US’s assets, the SEC filed additional details showing that the company had moved $70 billion through Silvergate and Signature banks from 2019 to 2023.
Jack MartinThe top hardware wallets Ledger and Trezor are among the strongest advocates for the self-custody of assets. Is absolute self-custody actually possible though?
Alex HarutunianThe campaign, which called for sensible crypto policy from the U.S. authorities, instead saw the SEC sue major exchanges, Binance and Coinbase. As a result, ‘Stand With Crypto’ is trending on Twitter, and almost 140,000 NFTs have been minted.
Jack MartinThe crypto arm of major options exchange Cboe has received approval to launch leveraged Bitcoin and Ether futures contracts from the U.S. commodities regulator.
Jack MartinFollowing the recent suspension of Binance’s local bank deposit and withdrawal functionality in both Australia and the UK, why does it seem to be the majority-English-speaking countries whose banks are coming down hardest on crypto?
Jack MartinThe SEC filed a suit against Binance and its CEO Changpeng Zhao for various alleged securities law violations.
Sasha MarkevichMercado Bitcoin, the leading crypto exchange in Brazil, officially launched MB Pay after being granted the Central Bank’s approval to act as a payment institution.
Eva Senzaj Pauram