Latest news — Page 570

Florin Cocos, a Romanian engineer, successfully crafted a DIY Trezor cryptocurrency wallet using open-source blueprints, promoting open-source projects.

Tether reports a rise in stablecoin loans in 2023 despite plans to end them.

Cyprus' CySEC grants eToro a CASP registration, enabling it to offer crypto services in the EU pending MiCA's 2024 enforcement.

Alchemy Pay has received an Arkansas Money Transmitter License, marking its initial U.S. regulatory approval and expanding its global reach.

The CBDC Anti-Surveillance State Act, aiming to limit a Federal Reserve-issued digital currency, progresses to a congressional vote following committee approval.

Busan outlines plans for a cohesive public blockchain network, securing its position as a global blockchain pioneer.

Casey Rodarmor suggests revamping Bitcoin Ordinals' numbering system, aiming to simplify the codebase despite mixed community reactions.

Binance's CEO, Changpeng Zhao, refutes a report regarding a $250 million loan, stating he loaned the money to BAM Management, not vice versa.

The crypto market awaits the U.S. Federal Reserve's decision on interest rates, with potential impacts on Bitcoin's price and trading environment.

South Korea's National Tax Service reports cryptocurrency dominates overseas assets, with heavy scrutiny on unreported foreign accounts.

Grayscale forgoes rights to post-Merge Ethereum PoW tokens due to lack of liquidity and custodian support.

Stanford University decides to return all donations from the defunct cryptocurrency exchange FTX amidst allegations and lawsuits.

Emerging trends show Bitcoin holders are retaining assets, with exchange holdings declining and untouched supplies peaking.

Europe lauds EU's crypto efforts while emphasizing the pressing need for global regulations.

Thailand will tax foreign incomes, including crypto profits, for residents staying over 180 days, starting 2024.

The UK is close to finalizing a bill targeting crypto-related financial crimes and emphasizing corporate transparency.

The Federal Reserve announced a $100 billion loss for 2023, with projections showing a potential increase.

The judge suggests SEC and Binance.US cooperate over document requests, emphasizing asset security and tighter compliance.

Hodlnaut declined a buyout bid from OPNX due to concerns over falling Flex token values and lack of tangible assets in the offer.

Tether authorizes $1 billion USDT for Tron network liquidity while USDC market cap falls in 2023.

JPEX, a Dubai-based crypto exchange, faces regulatory issues in Hong Kong, leading to service changes and concerns over high fees.

The Digital Asset Anti-Money Laundering Act garners increasing support from U.S. Senators and organizations, emphasizing enhanced regulations on digital currencies.

The U.S. House committee advances legislation potentially blocking the creation and deployment of a central bank digital currency.

Bitcoin's stability above $26,000 suggests potential to break September's typical downturn, influenced by altcoin trends and Federal Reserve actions.

James Tromans from Google Cloud suggests prioritizing tangible business solutions via smart contracts over mere token speculation in the crypto sector.

South Korean financial officials escalate monitoring of unregulated OTC crypto trades over criminal activity concerns.

Kazakhstan's National Bank creates NPC to oversee digital currency initiatives, partnering with global crypto exchange, Binance, for its digital tenge project.

Hong Kong's central bank warns against crypto companies imitating licensed banks. Recent regulatory actions highlight tightening financial oversight in the region.

The DeFi market witnessed a downturn in August, with exchange volumes, values, and specific tokens experiencing declines, but also showcased resilience in certain sectors.

Magic Eden supports Solana's cNFTs offering scalable and affordable options for mass-produced digital art and collections.

PolkaWorld stops its functions due to Polkadot's treasury's denial of funds; concerns over OpenGov system are raised.

Mark Cuban faced a cyberattack, with nearly $900,000 in crypto assets being taken. Blockchain expert Wazz provided insights into the mysterious transaction.

Prominent figures, including Trevor Lawrence and YouTube influencers, settled a lawsuit over undisclosed promotions for the former cryptocurrency platform FTX.

Coinbase's Base Network sets a new daily transaction record, surpassing previous highs. However, it remains behind major chains like Polygon and BSC.

The SEC charged Stoner Cats 2 LLC over NFT offerings, resulting in mixed internal and external reactions.

Grab collaborates with Circle, introducing Web3 services in Singapore, targeting blockchain adaptation and NFT voucher usage.

Coinbase's CEO Brian Armstrong advocates for DeFi protocols to consult courts for clearer regulations, amid CFTC’s actions against multiple DeFi entities.

Sui Network introduces a user-friendly sign-in process for its apps using familiar social media details, aiming to boost blockchain technology adoption and ease-of-use.

Two founders of 3AC face a nine-year ban by Singapore's bank for breaching securities regulations.

Former Mt. Gox CEO, Mark Karpelès shares jail experiences amid ex-FTX CEO Sam Bankman-Fried's release efforts due to poor internet.