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Crypto Investment Products Witness Highest Inflow in 15 Months Led by Bitcoin and Solana
October 30, 2023
The influx of investments into crypto products has reached its zenith in 15 months, propelled by the prospect of approval for Bitcoin spot exchange-traded funds (ETFs) in the U.S. Latest …
Read moreTerra Co-founder Defends Himself in Trail, Blames Collapse on Former Associate's Mismanagement
October 30, 2023
In a heated trial on Oct 30, Terra's co-founder Daniel Shin defended himself against several charges arising from the 2022 collapse of the Terra ecosystem. The primary blame, according to …
Read moreSam Bankman-Fried faces cross-examination in FTX fraud trial
October 30, 2023
FTX founder, Sam Bankman-Fried is under fire in his ongoing criminal trial in New York. During his cross-examination, Assistant U.S. Attorney Danielle Sassoon scrutinized his involvement with FTX’s sister firm, …
Read moreVanEck Adjusts Bitcoin ETF Application, Indicates an Innovative Seeding Strategy
October 30, 2023
Global asset management firm VanEck has recently revised its spot Bitcoin (BTC) exchange-traded fund (ETF) proposal with the U.S. Securities and Exchange Commission (SEC). The updated filing has gained the …
Read moreCrypto Theft Rises amid LastPass Breach with $4.4M Loss in One Day
October 30, 2023
Victims of the LastPass data breach experienced a significant hit with a reported $4.4 million in cryptocurrency drained from about 80 wallets in just one day. An increase from earlier …
Read morePresident Biden Issues Executive Order on AI Risk Management
October 30, 2023
United States President Joe Biden has released an executive order pronounce new standards for the safety, security and trustworthiness of artificial intelligence (AI). The orders pertain to AI developers who …
Read moreSaudi Arabia's NEOM and Animoca Brands Poised for Web3 Development Partnership
October 30, 2023
Saudi Arabia's upcoming regional development project, NEOM, has formed a partnership with Web3 games developer, Animoca Brands. This partnership is aimed at bolstering Web3 development within the region and potentially …
Read moreUK Unveils Proposed Legislation for Stablecoin and Crypto Regulation
October 30, 2023
The United Kingdom government has released its final proposed regulations for stablecoins and cryptocurrency. The new plans outline restrictive measures applied to non-fiat-backed stablecoins, which will not be allowed into …
Read moreCME and Binance Gearing Up in Close Competition for Top Spot in Bitcoin Futures
October 30, 2023
Strong Competition in the Bitcoin Futures RealmThe high-stakes race for the top slot in the Bitcoin futures market between CME and Binance continues to brew. The global cryptocurrency exchange Binance …
Read moreGlobal Regulatory Collaboration on Digital Asset Innovation Led by Singapore
October 30, 2023
The Monetary Authority of Singapore (MAS) spearheads a global initiative with regulators, including the Financial Services Agency of Japan (FSA), the Swiss Financial Market Supervisory Authority (FINMA), and the United …
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