3AC founders fined by Dubai regulator over OPNX exchange
OPNX CEO Leslie Lamb and executives Kyle Davies, Su Zhu and Mark Lamb were all issued a $58,000 fine for violating marketing regulations in the emirate. The founders of the…
Coinbase Secures Regulatory Approval To Offer Crypto Futures, Stock Soars 5%
Coinbase has gained approval from the National Futures Association to offer crypto futures trading. The regulatory approval comes nearly two years after the crypto exchange initially submitted an application to…
Coinbase wins NFA approval to offer Bitcoin and Ether futures in US
Coinbase is preparing to roll out cryptocurrency futures trading for institutional investors in the United States soon. Cryptocurrency exchange Coinbase has obtained approval from the National Futures Association (NFA) to…
Bitcoin speculators now own the least BTC since $69K all-time highs
Short-term holder supply has declined to just 2.56 million BTC, but the current Bitcoin market may be “top heavy,” warns Glassnode. Bitcoin (BTC) speculators are leading a period of “exhaustion…
Bitcoin-friendly El Salvador sees bond returns soar to 70% in 2023
El Salvador paid $800 million in debt at the start of the year before the maturing period, raising the confidence of investors, as President Bukele says “told you so”. El…
SEC v. Ripple: Judge greenlights investment banker declarant’s entry
The court seeks to address issues related to orders that rejected the SEC’s plea to seal the Hinman speech documents and Ripple’s request to seal information regarding XRP sales. In…
US House Democratic coalition creates AI working group
Representative Derek Kilmer will chair the Artificial Intelligence Working Group, which is aimed at introducing “sensible, bipartisan” policies for AI technology. Democrats from the United States House of Representatives have…
Crypto mining lobby group to dispel misconceptions in Washington DC: Founder
The crypto mining industry is getting a dedicated lobby group aimed at opening up discussions with lawmakers in Washington. The United States crypto mining industry is getting a new lobbying…
SEC delays set deadlines for Bitcoin ETF approval to early 2024
With a maximum 240-day window available to the SEC to delay crypto ETF applications, some firms could wait until March 2024 to hear decisions on filings made in July 2023.…
Senator Cynthia Lummis Wants SEC Lawsuit Against Coinbase Dismissed, Says It’s ‘Out of Step’ With Legislative Efforts
Senator Cynthia M. Lummis of Wyoming called for the dismissal of the U.S. Securities and Exchange Commission’s (SEC) lawsuit against cryptocurrency exchange Coinbase, arguing it Go to Source
Sonik Coin’s New Crypto Presale: Can it 50x and Reach $100M MCAP?
Sonik Coin is the newest meme coin cryptocurrency, and it aims to be the fastest crypto to reach a $100 million market cap. Inspired by Go to Source
Stellar dips into treasury to buy minority stake in MoneyGram
The financial details weren’t disclosed but the investment gave the Stellar Development Foundation a seat on MoneyGram’s Board of Directors. The Stellar Development Foundation (SDF) has become a minority investor…
Caroline Ellison’s list of ‘Things Sam Is Freaking Out About’ could be used in trial
The prosecution intends to use Caroline Ellison’s personal memos alongside a trove of other evidence against Sam Bankman-Fried at his criminal trial. Prosecutors intend to use personal notes and diary…
What are crypto-backed mortgages, and how do they work?
Crypto-backed mortgages involve using cryptocurrency holdings as collateral to secure loans, offering benefits like access to liquidity without selling assets. Risks concerned with crypto-backed mortgages The volatility of crypto collateral,…
Dubai lures AI, Web3 enterprises with 90% subsidized commercial licenses
In addition to attracting talent, Dubai has also given out operational licenses to crypto exchanges over the past several months. The city of Dubai in the United Arab Emirates has…