FTX sues LayerZero Labs, seeks to recover over $21M moved prior to bankruptcy
FTX is seeking the cancellation of agreements made days before it collapsed, as well as the return of millions transferred to LayerZero Labs and its affiliates.
DC doesn't realize how powerful crypto voting is — Brian Armstrong
According to Brian Armstrong, the gap between current crypto policies and Americans needs will make cryptocurrencies a hot topic in the upcoming elections.
AI token trading volume stagnant despite Worldcoin buzz — Kaiko
The data revealed an increase in the trading volume of AI tokens in August, reaching approximately $870 million, up from $570 million at the close of July.
1 in 4 investment firms assign senior execs to digital assets: Report
One-quarter of asset managers and hedge funds in the U.S. and Europe have recruited senior executives to oversee digital asset strategies, according to a recent report.
Vitalik Buterin's X account hacked, draining $691K+ from victims: Report
Following the reported breach of Ethereum co-founder Vitalik Buterin's X (formerly Twitter) account, victims suffered losses exceeding $691,000 due to a malicious link that falsely promoted a free NFT.
G20 moves forward with international crypto framework
The upcoming framework will affect users in several countries by automatically exchanging information about crypto transactions between jurisdictions on an annual basis.
What is quantitative easing, and how does it work?
Quantitative easing is a monetary policy tool where a central bank purchases financial assets to increase the money supply and stimulate economic activity.
He pointed out that Gensler had requested an urgent appeal while simultaneously asserting that crypto regulations and rules were clear and must be adhered to by the industry.
Nifty News: NFT restaurant crumbles, Binance NFT ends Polygon support and more
The restaurant was being built alongside a private members lounge that was only open to people who bought NFTs, but rising construction costs ultimately halted the project.
Rep. Tom Emmer sponsors amendment to limit SEC’s crypto oversight
Emmer intends to introduce an appropriations amendment that will limit the SEC’s utilization of funds for digital asset enforcement until comprehensive rules and regulations are implemented.
Crypto Biz: Coinbase’s lending bet, a new ads policy at Google and Marathon’s mining performance
This week’s Crypto Biz explores Coinbase's lending platform, Marathon Digital’s latest Bitcoin mining report, Hana Bank’s move to offer crypto custody and Google’s new crypto ads policy.
Stellar’s pre-announcements may have caused traders to create multiple scenarios for potential XLM developments, but their impact on the XLM price could be short-lived.
Michael Barr expressed “strong concern” about stablecoins and appreciation of legislative efforts to address them at the Philadelphia Fed’s fintech event.
10 years later, still no Bitcoin ETF — but who cares?
The Securities and Exchange Commission will inevitably approve a spot Bitcoin ETF, but we should retain some healthy skepticism about the risks it will create.
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