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Showing posts from November, 2023

BIS advises central banks to plan in advance for CBDC security

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From legal issues to hackers, launching a CBDC is fraught with risks, and BIS has a big list of them to consider.

Judge signs off on $1.65B settlement between Voyager Digital and FTC

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The settlement between the crypto lending firm and the FTC was first announced in October and does not resolve former CEO Stephen Ehrlich’s pending case with the CFTC.

Changpeng Zhao may not leave the US pending court review, says judge

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Pending a motion to review filed by the U.S. government, the former Binance CEO will not be allowed to return to his home in the United Arab Emirates as he awaits sentencing.

IBM brings ‘utility-scale’ quantum computing to Japan as China and Europe struggle to compete

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Experts predict the global quantum computing sector will have grown from about $930 million in 2023 to $6.5 billion by 2030, but some global markets may be better poised for growth than others.

Lightning devs must ‘wake up’ and fix security bugs, not please VCs: Bitcoin dev

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Antoine Riard, who left the Lightning Network in October, argues the Lightning Network is also at risk of becoming increasingly centralized and susceptible to single points of failure and censorship risks.

Blast’s marketing approach “cheapens the work of a serious team” — Paradigm

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Paradigm, one of Blast’s seed investors, criticized the protocol’s decision to launch a bridge before its L-2 and withdraw capability.

How to buy Bitcoin and Ethereum in the UK

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Buy Bitcoin and Ether legally and securely in the U.K. and get insights on regulations, storage and investment options to make informed decisions.

California governor calls for statewide generative AI training

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In a recent report, California Governor Gavin Newsom emphasized the significance of preparing for the next generation of skills essential to thrive in the GenAI economy.

Crypto exchange Zipmex suspends trading activity in Thailand

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Cryptocurrency exchange Zipmex has announced it has suspended trading in Thailand due to ensuring it is compliant with local regulations.

Binance onboarded millions into finance but forgot the paperwork — Columbia professor

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Binance settlement highlights banks’ and crypto firms’ ambiguous treatment, says Columbia Business School adjunct professor Omid Malekan.

BlackRock meets with SEC over ETF, Binance’s new era begins and SBF loses release bid: Hodler’s Digest, Nov. 19-25

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BlackRock meets with SEC over Bitcoin ETF, Binance’s new era begins after settlement in the United States and Sam Bankman-Fried loses release bid.

Blast network hits $400M TVL, rebuts claim that it's too centralized

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The Blast team responded to claims that it’s multi-signature upgrade functionality makes it too centralized.

Crypto documentary ‘Bull Run’ takes on Bitcoin, tokenization and trading addiction

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“Bull Run” explores one director’s obsession with trading cryptocurrencies during the bull market and how it led her to create a tokenized crypto documentary.

Square Enix announces auction dates for Symbiogenesis NFTs

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The company said Symbiogenesis NFTs will be auctioned off in three separate phases.

Ethereum (ETH) price reclaims $2K as data shows a surge in network activity

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Despite regulatory action against Binance, a surge in Ethereum network activity and the expectation of a spot ETF approval fueled a price move above $2,000.

Stablecoins will remain ‘indispensable’ in Argentina under new president — Ripio CEO

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Regardless of what changes Javier Milei brings to Argentina’s monetary system, stablecoin is likely to have an unshakable place in the economy, Sebastián Serrano said.

No ‘mass exodus of funds’ following Binance-DOJ settlement — Nansen

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Roughly 24 hours following the announcement of a settlement with U.S. officials, Nansen reported Binance’s total holdings increased to more than $65 billion.

Binance CEO’s downfall is 'the end of an era' — Charles Hoskinson

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The Cardano founder claimed that crypto entrepreneurs must comply with regulation or use completely decentralized systems in the future.

Binance names Richard Teng CEO amid Changpeng Zhao’s forced departure

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The house that CZ built will now be helmed by its Head of Regional Markets as the U.S. Department of Justice has barred the former CEO from his position.

Court unseals indictments against Binance and CZ, detailing expected guilty pleas

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The U.S. Justice Department, Treasury, and CFTC are reportedly planning to announce settlements for many of the criminal and civil cases against Binance and CZ on Nov. 21.

BNB price pops, then drops, following news of DOJ-Binance settlement

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The BNB token defied today’s wider market downturn with a high volume rally, which saw its price hit a 5-month high at $271.90

Why is Ether (ETH) price up today?

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Ethereum price is up today as excitement over a potential spot ETH ETF and the price holding above the key $2,000 level motivates traders.

Political donations aplenty: Event recap for North American Blockchain Summit

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Republican presidential candidate Vivek Ramaswamy, Independent presidential candidate Robert F. Kennedy, Jr. and many U.S. lawmakers were in attendance at NABS 2023.

Price analysis 11/20: SPX, DXY, BTC, ETH, BNB, XRP, SOL, ADA, DOGE, LINK

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The weakness in the U.S. Dollar Index suggests that risky assets such as Bitcoin and the S&P 500 Index may remain in favor of the buyers.

A timeline of Sam Altman’s outing from OpenAI

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Here’s everything that’s happened since OpenAI co-founder Sam Altman was suddenly fired from his role as CEO.

Bitcoin-friendly Javier Milei wins Argentina presidential election

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Milei won over 55% of the votes with 99% of the votes counted in the run-off presidential election.

Who is Mira Murati, OpenAI’s interim CEO?

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OpenAI’s new interim CEO is considered a "product person" who supports regulatory oversight of artificial intelligence.

SOL, LINK, NEAR and THETA flash bullish as Bitcoin takes a breather

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Bitcoin price range trades as SOL, LINK, NEAR and THETA play catch up.

Bitcoin ETF approval nearing, but brace for more setbacks: BitGo CEO

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In a recent interview with Bloomberg, Mike Belshe, CEO of crypto exchange BitGo, stated that the market structure needs to improve before the U.S. SEC will grant approval for Bitcoin ETFs.

OpenAI’s Sam Altman ousted, BlackRock and Fidelity seek Ether ETF, and more: Hodler’s Digest, Nov. 12-18

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Sam Altman is ousted from OpenAI, BlackRock and Fidelity seek Ether ETF approval and Australia to tax gains from wrapped tokens.

OpenAI’s crisis escalates as more staff resign after CEO removal: Report

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At least three senior researchers have left OpenAI since Sam Altman was removed as the startup's CEO on Nov. 17.

dYdX founder claims targeted attack led to $9M insurance claim

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dYdX founder Antonio Juliano said that the decentralized exchange as well as the Yearn.Finance token (YFI) are victims of a targeted attack.

Sam Altman ousted from OpenAI, CTO Mira Murati named interim CEO

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The board of directors removed Altman on the grounds that he was allegedly “not consistently candid in his communications with the board.”

Bitcoin fees skyrocket on spot BTC ETF hype

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The Bitcoin blockchain reached $11.6 million in fees paid on Nov. 16, with the average transaction fee up 746% from a year ago.

Sushi to test Bitcoin swaps and Opyn DeFi protocol founders cave to CFTC pressure: Finance Redefined

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Sushi is set to test Bitcoin swaps on 30 different blockchains using the interpretability protocol ZetaChain.

Why is the crypto market down today?

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The crypto market is down today, resulting in over $160 million long liquidations amid concerns that the SEC could delay a decision on all pending spot BTC ETF applications

Meta introduces AI models for video generation, image editing

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Social media company Meta is developing new AI-based tools for Facebook and Instagram users

Vivek Ramaswamy unveils crypto policy platform criticizing mixer sanctions

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The Republican candidate claimed that mixers are protected by the U.S. Constitution’s First Amendment.

Tether plans major expansion into BTC mining with $500M investment: Report

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Tether has ambitions to reach 1% of BTC mining computing power under its new CEO Paolo Ardoino. New facilities in South America will be part of the push.

Why is Bitcoin price up today?

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Bitcoin price is up today, as the available liquid supply hits an all-time low right as institutional investors increase their allocations to BTC.

Disney launches NFT platform, eye issues at ApeFest and NFT sales rise: Nifty Newsletter

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Cointelegraph reached out to various professionals in the Web3 space to get their thoughts on the recent upward trend in NFT sales volumes.

46% of crypto lost from exploits is due to traditional Web2 flaws — Immunefi

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The security platform released a report categorizing Web3 exploits in 2022, concluding that nearly half came from “infrastructure” or centralized elements.

Price analysis 11/15: BTC, ETH, BNB, XRP, SOL, ADA, DOGE, MATIC, LINK, TON

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Bitcoin and select altcoins are showing strength, a possible sign that the bull trend has resumed.

Blockchain.com $110M funding round halves its 2022 valuation: Report

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Despite new investment in the crypto exchange, Blockchain.com’s valuation has more than halved from its $14 billion peak.

Delaware authorities refer fake BlackRock XRP trust filing to state's Justice Department

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State authorities may be investigating the fake registration for a BlackRock “iShares XRP Trust” following a referral from Delaware's Division of Corporations.

Tornado Cash users file appeal over judgment in favor of US Treasury

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The six individuals, supported by crypto exchange Coinbase, have taken a case involving the U.S. Treasury sanctioning Tornado Cash to federal appellate court.

Crypto advocacy group pushes back against proposed IRS rules on brokers

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The Blockchain Association claimed the U.S. Treasury overstepped its authority in proposing crypto tax rules difficult or impossible to follow by many in the space.

Why is Ether (ETH) price up today?

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Ethereum price is up today as excitement over a potential spot ETH ETF and the price holding above the key $2,000 level motivates traders.

CBOE to launch BTC, ETH margin futures trading in January with 11 firms supporting

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The new trading capability comes simultaneously with a surge in interest in crypto financial products in the United States.

DeFi vulnerability leading to $6.7M exploit 'not detected' by auditors

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The project was previously audited by Trail of Bits and Hats Finance.