Dubai lures AI, Web3 enterprises with 90% subsidized commercial licenses
In addition to attracting talent, Dubai has also given out operational licenses to crypto exchanges over the past several months.
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Singapore central bank releases regulatory framework for stablecoins
The framework outlines requirements for stablecoin issuers to meet to be deemed as regulated by the Monetary Authority of Singapore.
Base project RocketSwap shares emergency plan following $865K exploit
RocketSwap Labs plans on reaching out to the exploiter on-chain, who stole an estimated $865,000 from the protocol on Aug. 14.
‘Evidence is piling’ for a new crypto bull run: Delphi Digital co-founder
Delphi Digital co-founder Kevin Kelly believes a recent change in a key U.S. manufacturing business index could be one of the bellwethers for a crypto bull run.
Binance seeks protective order against SEC’s ‘fishing expedition’
The exchange claims the SEC's deposition and discovery requests are outside the scope of the regulators lawsuit it filed against Binance.
Ex-FTX exec Salame won’t testify in alleged illegal campaign donation case
Ryan Salame plans to plead the Fifth if he is asked to testify at Sam Bankman-Fried's criminal trial, according to United States prosecutors.
Crypto highlighted as ‘novel and complex’ risk to US banks: FDIC report
The Federal Deposit Insurance Corporation has warned that uncertainty around crypto's legal status, the likelihood of fraud and contagion present key risks to United States banks.
Analysts tip 5 catalysts that could break Bitcoin, crypto from its stupor
Analysts believe spot Bitcoin ETFs, new stablecoin adoption, and an upcoming Ethereum scaling upgrade are among the catalysts that could reignite the crypto markets.
Crypto custodian Prime Trust files for Chapter 11 bankruptcy
The crypto custodian’s bankruptcy comes as it’s been unable to honor customer withdrawals for months.
Grayscale Bitcoin ETF decision could happen this week, pundits say
The pending Grayscale ruling could impact the race for an approved spot Bitcoin exchange-traded fund.
Immutable zkEVM begins testnet phase with 12 Web3 games in development
The Web3 gaming company announced that its fully Ethereum-compatible network is now available for public testing.
Commodity tokenization is the economic aid Africa needs
Commodity tokenization would enable African countries — such as Ghana and Botswana — an opportunity to empower themselves without relying on international aid.
Celsius customers to vote on settlement plan with Fahrenheit after judge gives okay
The settlement was reached in July and, if the customers agree, it will go before the court for approval in October.
Kraken Ventures to raise $100M in second fund, with focus on ‘early stage founders’
The organization will also reserve a “significant portion” of the fund for follow-on investments and long-term entrepreneurial support.
Superseding indictment against Sam Bankman-Fried includes using $100M for campaign contributions
Sam Bankman-Fried allegedly used more than $100 million in user funds “in campaign contributions to Democrats and Republicans to seek to influence cryptocurrency regulation.”
SBF jailed, FTX partners under attack: Law Decoded
Sam Bankman-Fried, the former CEO of the failed FTX crypto exchange, will be held in jail through the end of his two upcoming trials.
Sam Bankman-Fried will 'return to his depression' without access to medication, say defense lawyers
According to Sam Bankman-Fried's legal team, he was "only able to bring a small supply” of ADHD medication and antidepressants to jail following the judge revoking his bail.
Zimbabwe central bank close to introducing gold-backed digital tokens into retail
Physical and digital gold tokens have been a big success as investments and an inflation hedge in Zimbabwe, which continues to face triple-digit inflation.
Bitcoin vs. gold: Are market cap and other comparisons actually relevant for investors?
Bitcoin’s future price surge and mainstream adoption could happen independently of institutional adoption of the digital currency.
Price analysis 8/14: SPX, DXY, BTC, ETH, BNB, XRP, ADA, DOGE, SOL, MATIC
After weeks of low volatility, Bitcoin bulls are trying to make a comeback, but the rise in the U.S. Dollar Index may limit the upside recovery.
Bitcoin Frontier Fund launches accelerator program for Ordinals startups
The program will provide seed money, mentoring and support to approved applicants.
Machi Big Brother withdraws defamation lawsuit against ZachXBT
Jeffrey Huang withdrew the lawsuit after ZachXBT edited his article that Huang claimed to be defamatory.
CoinDesk to lay off part of editorial staff in preparation for sale of stake: Report
Estimates of staffers facing the axe range from 45% (20 people) to 16%. A companywide meeting is reportedly scheduled for Aug. 14.
What is PayPal USD, and how does it work?
PayPal has launched its own stablecoin, dubbed PayPal USD (PYUSD). The coin is only available to American customers.
Bitcoin teases new volatility as BTC price taps 4-day high near $29.6K
BTC price movements edge higher as the Wall Street trading week begins, Bitcoin building on a weekly close which gave cause for cautious optimism.
How to identity fake cryptocurrency
Learn essential cryptocurrency security practices to safeguard your digital assets. Explore crucial ways to protect your wallets, prevent hacks and ensure safe transactions.
Chinese man sentenced to 9 months in prison for buying 13K in USDT
China has been harshly enforcing its crypto ban since the start of the year, cracking down on individuals and projects alike.
TeraWulf increases self-mined BTC in Q2 while Hut8 looks to USBTC merger
U.S. miner TeraWulf expanded its Bitcoin mining capacity in 2023, resulting in 70% more BTC mined in in Q2.
Coinbase VP says Canada can be a ‘global leader’ in crypto
The cryptocurrency exchange Coinbase officially launched in Canada in August 2023 and is expanding its service offerings amid a promising local crypto climate.
Metaverse project The Sandbox unlocks $133M worth of tokens
The next batch of token unlocks for The Sandbox is on Feb. 14, 2024, and will unfreeze over 200 million SAND for its team, company reserve and advisors.