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Bitget reserves top $1.44B, claims to be debt free
13.7.2023
The cryptocurrency exchange claims its total proof-of-reserves ratio has reached 223% in its latest July report
Telegram Wallet bot enables in-app payments in Bitcoin, USDT and TON
13.7.2023
Wallet, a custodial wallet bot on Telegram, says that merchants should sort out for themselves whether their jurisdictions allow them to accept payments in crypto
US industry watchdogs oppose draft bill on crypto market structure
13.7.2023
The group sent a detailed letter to the U.S. House Financial Services Committee accusing the crypto market of seeking favorable legislation under the guise of crypto innovation
'AI helps traders utilize more intuitive strategies,' says Exchange
12.7.2023
Bitget currently has a Martingale AI trading bot and a Grid Trading AI bot on its platform
PwC hedge fund survey finds crypto remains viable despite recent market turmoil
12.7.2023
The portion of traditional hedge funds investing in crypto fell, but many of those still in the market plan to increase crypto investing this year
Elon Musk kickstarts new AI company to ‘understand the universe’
12.7.2023
"The goal of xAI is to understand the true nature of the universe," the company wrote
South Korea to ask firms to disclose crypto holdings from 2024
12.7.2023
After initially mandating public officials to declare their crypto, the South Korean authorities now want all local firms to disclose such holdings
European Banking Authority calls for early adoption of stablecoin standards
12.7.2023
EBA officials anticipate a surge in stablecoin issuance over the coming months and have urged businesses to use its guiding principles before the necessary restrictions are implemented
Bank of China trials offline payments for digital yuan via SIM cards
12.7.2023
The bank plans to enable users to make phone payments by integrating its e-CNY app with specialized "super SIM cards" that have near-field communication capabilities
US Senate Finance Committee asks digital asset community how to tax it in open letter
12.7.2023
Community members may want to read up on the intricacies of tax law before they respond, but they have two months to do so
UK Regulator Continues Crackdown on Crypto ATMs, Checks 18 New Sites
11.7.2023
The U.K.’s Financial Conduct Authority (FCA) is proceeding with efforts to shut down all bitcoin ATMs “illegally operating” in the country. After more inspections in the past couple of months, the watchdog vowed to continue to take action against operators of unregistered crypto teller machines....
BIS gives CBDCs a thumbs up, crypto the middle finger in reports to G20 ministers
11.7.2023
G20 finance ministers and central bank governors are meeting this month, and the Bank for International Settlements has findings to present
Bitcoin continues dominance as 3rd week of fund inflows correct previous months’ outflows
11.7.2023
Blockchain equities inflows reached a recent high of $15 million as well. However, total trading volume dropped
Algorand decentralized lending protocol Algofi to shut down by end of year
11.7.2023
Developers say building the borrowing and lending protocol is "no longer a viable path" for Algorand
Bots Sending BTC — Lightning Labs Releases New Tools for AI-Bitcoin Integration
11.7.2023
On July 6, Lightning Labs released new developer tools to enhance the intersection of artificial intelligence (AI) and Bitcoin. The layer two (L2) startup introduced a new specification known as L402 and tools that enable AI systems to conduct transactions over the Lightning Network. The Fusion...
Arbitrum-based Rodeo Finance exploited for $1.53M, the second time in a week
11.7.2023
The exploiter manipulated price oracles to gain the upper hand on trades they executed using the manipulated price
UK FCA shuts down 26 crypto ATMs following coordinated investigation
11.7.2023
The FCA — along with other law enforcement agencies — investigated 36 crypto ATM locations using powers under the Money Laundering Regulations 2017
BOE governor trashes crypto, stablecoins in favor of ‘enhanced digital money’
10.7.2023
A retail CBDC or “enhanced” digital money would support the singleness of money and settlement finality, Andrew Bailey said, but crypto isn’t money
Social media discussions play a crucial role in influencing crypto returns: Study
10.7.2023
The researchers also determined that “news sentiment” is a much less effective predictor of cryptocurrency returns
Gaming gear maker Razer hacked, user data, encryption keys for sale online: Report
10.7.2023
The Singapore-U.S. gaming company has responded to reports of 404,000 emails, keys, logins and other info for sale; it hasn’t finished dealing with a 2020 leak yet