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China ‘does not want to miss out’: Community reacts to HK spot Bitcoin ETF news
6.11.2023
Despite regulatory clarity, Hong Kong has failed to pick up the pace regarding futures-based cryptocurrency ETFs so far
London Stock Exchange seeks digital assets director
6.11.2023
In a LinkedIn job posting the London Stock Exchange Group says it's seeking a digital assets lead with a “passion” for digital assets, crypto and blockchain
OFAC Sanctions Russian National Accused of Using Virtual Currency to Launder Money
5.11.2023
According to the United States Office of Foreign Assets Control (OFAC), Russian national Ekaterina Zhdanova has been sanctioned as punishment for using virtual currency to launder money for designated Russian elites. OFAC said Zhdanova’s properties and interests in the United States are now either...
DeFi Protocol SafeMoon Still Running Despite Securities Violations
3.11.2023
Decentralized finance (DeFi) protocol SafeMoon has addressed the recent litigation by the United States Securities and Exchange Commission (SEC), expressing its intent to seek a resolution. We are reviewing the recent news and we of course take these issues extremely seriously. As we receive more...
FTX advisers sharing customers’ data with FBI: Report
3.11.2023
FTX advisers have complied with subpoenas from multiple FBI field offices in recent months, providing law enforcement with records of some customers’ trades
English school turned BTC miner in China expands capacity with 220 new units
3.11.2023
BTC Digital used to be a chain of English schools based in Shenzhen. Now it has mining farms in Pennsylvania and Tennessee
Could regulation have prevented Sam Bankman-Fried’s criminal verdict?
3.11.2023
Former FTX CEO Sam Bankman-Fried dreamed of being the President of the United States, but his lawlessness eventually caught up with him
DeepMind co-founder chides Elon over UK AI summit comments: ‘He’s not an AI scientist’
3.11.2023
World renowned AI scientist Mustafa Suleyman appears to disagree with Elon Musk’s assessment of the threats and benefits A.I. technologies could pose in the future
UK AI Safety Summit: Musk likens AI to 'magic genie,' says no jobs needed in future
3.11.2023
The second day of the UK AI summit featured a one-on-one talk between Prime Minister Rishi Sunak and Elon Musk that discussed the future of the job market, China and AI as a “magic genie.”
5 nations challenge crypto experts and investigators to target tax crimes
3.11.2023
The J5 generates significant leads through events, which, in the past, has helped uncover multi-million-dollar crypto Ponzi schemes such as the BitClub Network
SEC seeks summary judgment in Do Kwon and Terraform Labs case
3.11.2023
The “evidence” of violations provided by the SEC points to Kwon’s involvement in misleading crypto investors by creating and marketing Terra and its in-house Terra (LUNA) tokens as securities
Another Court Finds SEC Acted ‘Arbitrarily and Capriciously’
3.11.2023
The United States Court of Appeals for the Fifth Circuit has found that the U.S. Securities and Exchange Commission (SEC) acted “arbitrarily and capriciously” in a case involving the stock buyback disclosure rule. “Another day and another court finds that the SEC again acted...
Marathon Digital will use landfill methane to mine Bitcoin in Utah pilot project
2.11.2023
The BTC miner has partnered with startup Nodal Power for a green, off-grid project that is a small start for a potentially big advancement
NIST establishes AI Safety Institute Consortium in response to Biden executive order
2.11.2023
Documentation from NIST states the consortium will adopt a “broad human-centered focus” with “specific policies.”
FCA releases guidance for compliance with new UK crypto asset promotion rules
2.11.2023
The regulator has made a few efforts to help crypto firms comply with the rules that came into force on Oct. 8
ProShares announces launch of short Ether-linked ETF
2.11.2023
ProShares’s new Short Ether Strategy ETF is set to start trading on the NYSE Arca under the ticker symbol SETH
Revolut Named Most Crypto-Friendly Bank in the UK
2.11.2023
Revolut has become the most cryptocurrency-friendly bank in the United Kingdom. According to a report by Recap, Revolut stands out from other banks by allowing customers to trade cryptocurrencies directly through its mobile banking app and providing them with educational materials to enhance their...
PayPal Faces Regulatory Scrutiny as SEC Subpoenas PYUSD Stablecoin
2.11.2023
The United States Securities and Exchange Commission (SEC) has issued a subpoena to global payment giant, PayPal over its newly launched stablecoin, PYUSD. On Nov 2, PayPal Holdings announced that it received a subpoena from the enforcement arm of the SEC tied to its U.S. dollar stablecoin...
PayPal faces SEC action related to PYUSD stablecoin: Report
2.11.2023
PayPal was the first significant fintech firm to adopt digital currencies for payments and transfers after launching its stablecoin in August
UK to invest 300M pounds in 2 AI supercomputers, Harris presses for AI safety
2.11.2023
The U.K. says the investments will help its local scientific talent have tools they need to ensure that the most advanced AI models are up to safety standards