Hong Kong Is World’s Most Crypto-Ready Hub For Second Year
Hong Kong is the world’s most crypto-ready destination, securing top spot for the second consecutive year in a ranking by Forex Suggest. The ranking is Go to Source
Deutsche Bank To Provide Crypto Custody Services To Customers Via Partnership With Taurus
Deutsche Bank will provide its customers with crypto custody services via a partnership with Swiss digital asset infrastructure firm Taurus. The move underscores the growing Go to Source
SEC Says Binance.US Isn’t Cooperating With Its Investigation, Worries About Assets Being Shifted Overseas
The Securities and Exchange Commission (SEC) said cryptocurrency exchange Binance.US isn’t cooperating with its investigation and may be in breach of an earlier deal to Go to Source
Binance CEO responds to rumors, says US executive is ‘taking a deserved break’
Despite Brian Shroder resigning as CEO of the exchange’s US wing amid SEC and CFTC lawsuits, Binance CEO Changpeng Zhao claimed that the departure was normal. Binance Holdings CEO Changpeng…
3 key Ether price metrics suggest that ETH is gearing up for volatility
Network, futures and user data all point toward Ether potentially charting a new course. Ether’s price has been dealing with some strong headwinds, and on Sept. 11, the price of…
Ethereum launches new testnet ‘Holešky,’ allocates 1.6B ETH for devs
Holešky testnet had a 1.6 billion ETH supply at launch, making it potentially more accessible than the older Goerli network. Ethereum developers launched a new testnet on Sept. 15. Called…
BitGo, Swan unveil plans for Bitcoin-only trust company
The trust company will target institutional investors in the United States as asset managers line up for a spot Bitcoin ETF. The United States may soon have a Bitcoin-only trust…
Government objects to ‘unnecessary,’ ‘prejudicial’ SBF jury selection questions
The U.S. attorney sees no reason for potential jurors to discuss effective altruism or ADHD, among other things, before trying SBF. On Sept. 15, the United States government responded to…
Gemini legal team accuses DCG of ‘gaslighting’ Genesis creditors
Lawyers representing Gemini Trust filed a response in bankruptcy court to Digital Currency Group’s plan claiming to offer unsecured creditors a “70–90% recovery.” Lawyers representing Gemini Trust have pushed back…
Crypto Biz: PayPal rolls out crypto ramps, Franklin Templeton joins BTC ETF race, and more
This week’s Crypto Biz looks at PayPal’s crypto gateway, Franklin Templeton’s BTC ETF filing, Coinbase’s Lightning Network integration, and Meta’s plans for a new AI model. Without aggressive marketing tactics,…
SEC reverses decision on sealing, redacting some documents in Binance.US case
The documents filed Aug. 28 may be seen by the public in a week. They are not all the sealed documents in the case, however. Observers should soon get a…
Sam Bankman-Fried says ‘I did what I thought was right’ in leaked docs: Report
Documents provided by crypto influencer Tiffany Fong reportedly revealed details about the former FTX CEO’s life under house arrest and his relationship with Caroline Ellison. Former FTX CEO Sam Bankman-Fried…
Coinbase CEO stands up for DeFi, Polygon says $1B ZK-rollup paying off: Finance Redefined
Coinbase’s CEO has become the latest ally of the DeFi space, calling for apt regulations of the ecosystem rather than enforcement action by regulatory bodies. Welcome to Finance Redefined, your…
Nvidia AI partner Databricks raises $500M to achieve $43B valuation
Capital One also joined the investment round, despite being the top client of rival cloud platform Snowflake. Cloud data company Databricks recently announced the completion of a Series I fundraising…
What a US government shutdown would do to Bitcoin
Marcel Pechman explains the myth of excess cash in U.S. households and the lack of sufficient savings, and how a U.S. government shutdown could impact Bitcoin. On the latest episode…