Regulation
Sam Bankman-Fried Is Now in Jail
It’s a bit of a truism in journalism that any headline that ends in a question that can be answered with “yes” or “no” will usually be answered with “no.” A few weeks ago, however, […]
Month: August 2023
Ethereum
Genesis, FTX Strike Deal for $175M Bankruptcy Claim
Lawyers are trying to untie a complex financial web among companies that went under in the crypto winter. Source link
Bitcoin
Avalanche Foundation Provides $3M in AVAX Tokens to Dexalot
Starting in fall, Avalanche’s Multiverse funds will be released over 12 months via the Dexalot incentive program. The funds are contingent and will be distributed in accordance with the subnet hitting new milestones, said the […]
Market Analysis
X (Twitter) Verification May Dox Crypto Users for KYC Compliance
X (formerly Twitter) is introducing optional identity verification for Premium users in a throwback to Twitter’s early days. Previous attempts by CTO Elon Musk to remove impersonations failed because they didn’t rely on ID checks. […]
Regulation
Just-Launched Sei Blockchain’s New Token Plunges 24% After Airdrop
The Sei Foundation, which coordinated the airdrop, posted on X early Thursday that it had tripled the number of eligible wallets for the cross-bridge airdrop to 1.5 million from 500,000, on blockchains including Ethereum, Polygon, […]
Ethereum
UK ‘Travel Rule’ Guidance Set Out by FCA as Stricter Rules Halt PayPal Crypto Business
Controversial new measures known as the travel rule, requiring crypto operators to identify the sender and recipient of funds transfers, are already legislated to take effect in the U.K. as of Sept. 1. While the […]
Bitcoin
Stablecoin Issuer Tether (USDT) Stops Support for Bitcoin Layer Omni Citing Lack of Demand
“Over the years, the Omni Layer faced challenges due to the lack of popular tokens and the availability of USDT on other blockchains. This led many exchanges to favor alternative transport layers, leading to a […]
Market Analysis
Why Founder is Not Focused on The Depeg of GHO Stablecoin
Aave founder Stani Kulechov has brushed off concerns about the instability of the stablecoin GHO. Keeping stablecoins stable has been one of the biggest challenges for the issuers. However, is Aave’s founder trying to normalize […]
Regulation
First Mover Americas: Bitcoin Drops to Lowest Level Since June
The latest price moves in bitcoin (BTC) and crypto markets in context for August 17, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets. Source link
Ethereum
XRP Options Now Available on Crypto Exchange BIT
“We are proud to become one of the first exchanges making XRP options trading accessible to both institutional and retail traders, enabling long and short for options traders at the same time. We look forward […]