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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
One year on, we round up the legal proceedings involving the company and founder, Do Kwon.
Alex HarutunianA routine update of interest rate parameters temporarily blocked over $100 million in various assets in the Polygon version of Aave V2.
Alex HarutunianStablecoin usage has migrated outside of Ethereum due to the high transaction fees triggered by meme-coin hype. In light of this, the second-tier blockchains are now getting increased traction.
Alex HarutunianThe two companies and a third unnamed global tier 1 bank carried out the repurchase agreement transactions on Broadridge’s Distributed Ledger Repo platform. The functionality enhances the possibilities for intraday liquidity management.
Jack MartinA year after the collapse of the Terra UST, its followers still retain hope for its revival and actively propose new schemes. Is this a new forum for innovations or a victim club?
Alex HarutunianThe Treasury Select Committee says unbacked “cryptoassets” have no intrinsic value or useful social purpose and retail trading is more like gambling than financial services. Bad news for the UK Government’s plan to make the country into a crypto hub.
Jack MartinScam videos purporting to be from CoinMarketCap or Youtube bloggers are tempting viewers with access to an Amazon token presale… which obviously isn’t real, so please, please, please don’t send any cryptocurrency if you ever want to see it again.
Jack MartinTether has announced its new investment strategy. To strengthen and diversify reserves, the company plans to regularly buy bitcoin with realized profits.
Alex Harutunian