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
Tether and Strike money app have merged their user bases by adding USDT to the bitcoin-only platform.
Alex HarutunianThe Hong Kong Monetary Authority launched its e-HKD Pilot Programme last Thursday. The scheme will involve 16 firms from the finance, payments and technology sectors, including Ripple, which will showcase a real estate tokenization solution.
Jack MartinTether and KriptonMarket announced a collaboration which will give small businesses access to stablecoins at the Central Market of Buenos Aires.
Sasha MarkevichAfter network congestion saw hundreds of thousands of unconfirmed transactions in the mempool and fees hitting $30+ earlier this month, things appear to be getting back to normal… slowly. Have Ordinals and BRC-20 meme-coins already had their day in the sun?
Jack MartinWhile the leaders of the G7 countries are currently in Tokyo discussing how to deal with China's 'economic coercion', let's take a look back at some of the news stories that have 'coerced' the crypto economy over the past week. In Euro-land,
Jack MartinBinance.US and CEO Changpeng Zhao are exploring strategies to reduce his majority stake in the company to ease tension between Binance and U.S. regulators and continue operations in the region.
Sasha MarkevichUbisoft and Integral Reality Labs have partnered to create Assassin’s Creed Smart Collectibles, which are NFT access passes minted on Polygon and paired with physical collectibles inspired by the popular franchise.
Alex HarutunianBarbados-based Abed Group launches its accounts payable solution ADAR on the SORA blockchain network.
Alex Harutunian