Gemini invests $24M for expansion in India
Launched in May, the Gemini Gurgaon Hub has since added over 70 staff. Cryptocurrency exchange Gemini is allocating 2 billion rupees ($24 million) for its expansion in India. According to…
US Federal Reserve Banks say stablecoins could ‘become a source of financial instability’
The report compares stablecoins to money market funds and ultimately concludes they have similar shortcomings. The Federal Reserve Banks of Boston and New York published a staff report on Sept.…
US Treasury sanctions Ethereum wallet tied to cartel over ‘illicit fentanyl trafficking’
An ETH wallet tied to Mexican national Mario Alberto Jimenez Castro was allegedly used for illicit fentanyl sales in the United States. The Office of Foreign Assets Control (OFAC) of…
10 crypto insiders share their advice for traders considering trading bots
Being fully aware of both the strengths and weaknesses of bots can help traders leverage them with optimal success. Investment marketplaces — particularly the volatile cryptocurrency market — move at…
Kraken secures money license registrations in Spain and Ireland
The move follows the crypto exchange’s successful VASP registration in Italy. Cryptocurrency exchange Kraken has received an Electronic Money Institution (EMI) license from the Central Bank of Ireland and a…
Bitcoin analysts flag key BTC price points as bulls cling to $26K
BTC price support and resistance lines in the sand are crystallizing amid a fresh bout of low volatility for Bitcoin. Bitcoin (BTC) hit intraday lows after the Sept. 26 Wall…
JPMorgan’s subsidiary Chase UK to restrict crypto transactions
Starting from Oct. 16, Chase Bank customers in the United Kingdom will no longer be able to make crypto transactions. Chase Bank, a digital bank owned by the investment bank…
French telecom group invests millions in local AI industry
The French telecom group Iliad revealed it has purchased one of Europe’s most powerful supercomputers and plans to create an AI research lab in Paris, among other developments. The French…
US gov’t messed up my $250K Bitcoin price prediction: Tim Draper, Hall of Flame
Tim Draper’s first big Bitcoin prediction came off without a hitch, but he says the current administration is making his second one look bad. Tim Draper is a prominent venture…
MoneyGram to launch non-custodial crypto wallets by Q1 2024
The non-custodial wallet will continue MoneyGram’s remittance focus allowing users to easily convert their digital assets to fiat. Payment processing giant MoneyGram is all set to launch its own non-custodial…
The Top U.S. Dollar Stablecoins for 2024: Tether, Circle, Binance, and PayPal
Stablecoins are dollar-pegged tokens that play an important role in crypto investing. They allow investors to “cash out” their crypto without moving it out of an exchange. In other words,…
Sam Bankman-Fried’s lawyer renews request for temporary release from jail
The lawyer representing Sam Bankman-Fried has renewed a request for temporary release before his upcoming trial for preparation purposes. The lawyer representing Sam Bankman-Fried (SBF) in his upcoming case against…
CZ appoints Binance security team to track Huobi HTX stolen funds
To minimize the damage, HTX proactively offered 5% of the drained funds as a “white-hat bonus,” which would amount to nearly $400,000. Hours after the crypto exchange HTX (rebranded from…
Taiwan’s major crypto exchanges form association to advance industry interests
MaiCoin Group, BitoGroup and Ace Exchange became the first three founders of the Taiwan Virtual Asset Platform and Transaction Business Association. As Taiwan regulators prepare to lay out a crypto…
Amazon invests $4B in Anthropic AI startup
Amazon has agreed to invest $4 billion into the artificial intelligence startup Anthropic to develop high-performing foundation models. Amazon and artificial intelligence (AI) startup Anthropic have announced a new investment…