Binance operating without license in Philippines, regulator says
According to the Philippines SEC, entities involved in promoting or trading on Binance could face up to 21 years of imprisonment and $90,000 in penalties.
Posts published by Cointelegraph.com News 296/651
Cristiano Ronaldo sued for promoting Binance, unregistered securities
The soccer star’s Binance-tied NFTs allegedly promoted investments in unregistered securities on the crypto exchange.
KyberSwap DEX hacker sends an on-chain message: Be nice, or else
The exploiter behind the $46 million KyberSwap hack says they plan to outline a treaty for the potential return of funds on Nov. 30, but not if threats and hostilities from execs keep up.
Tether’s ‘new era for capital raises’ Bitfinex bond flops
The ALT2611 tokenized Tether bond from Bitfinex has only managed to raise 15% of its target two weeks after launch.
Genesis strikes repayment deal with parent firm DCG to end $620M lawsuit
Digital Currency Group has over $320 million left to repay, according to Genesis, and the deal would see that remaining sum repaid by April next year.
What crypto traders can learn from Charlie Munger — even if he hated BTC
Legendary investor Charlie Munger may have once called Bitcoin “rat poison squared” — but that doesn't mean crypto traders should ignore his years of investing wisdom.
‘Clear runway’ opens for all Bitcoin ETF approvals in Jan: Analysts
The SEC’s delays on two spot Bitcoin ETFs could mean it’s lining up to approve all pending applications in one swoop, say analysts.
SEC seeks public input on Franklin Templeton, Hashdex Bitcoin ETFs
The requests for public comment are standard for ETFs under review and have an open period of 35 days.
Amazon launches ‘Q’ — a ChatGPT competitor purpose-built for business
Employees in HR, legal, product management, design, manufacturing and operations departments will benefit from Q, said AWS CEO Adam Selipsky.
Jump Crypto filed docs confidentially in SEC v. Terraform Labs case
The trading firm and its CEO, Kanav Kariya, allegedly manipulated the price of TerraUSD to gain roughly $1.3 billion in profits.
Futures will be the best crypto game in town even after a Bitcoin spot ETF
A spot Bitcoin ETF will bring fresh money to the market, but it will not change a fundamental reality: Bitcoin liquidity is declining.
Coinbase warns customers about subpoena in apparent CFTC Bybit probe
Cryptocurrency exchange Bybit restricts use in the United States, although it may be possible to get around it.
Future of business through the synthesis of blockchain technology, data and AI
AI and blockchain are emerging technologies and have a very bright future. Both of them are at the cutting edge of innovation.
Fireblocks launches trading system to mitigate centralized exchange risk
The “Off Exchange” trading system was launched by Fireblocks, allowing institutions to trade without fully relinquishing custody.
Judge signs off on $1.65B settlement between Voyager Digital and FTC
The settlement between the crypto lending firm and the FTC was first announced in October and does not resolve former CEO Stephen Ehrlich’s pending case with the CFTC.
Oxford quantum computing spinout announces $100M funding round led by Japan’s SBI
OQC is also launching what it calls “the world’s first enterprise ready quantum computing platform.”
Interactive Brokers opens Hong Kong retail crypto trading with OSL
Hong Kong clients will be able to purchase Bitcoin and Ethereum in their personal accounts.
Changpeng Zhao steps down as Binance.US chair
The former Binance CEO faces one felony count in the U.S. as part of a settlement with local officials and regulators.
Canaan secures new financing as revenue falls 55% in Q3
Despite a downturn in its bottom line, the company has secured a deal with an institutional investor to potentially raise $125 million in capital.
More foreign banks join China’s CBDC pilot trials
A total of four foreign banks have integrated China’s e-CNY CBDC thus far.
‘Buy the rumor, sell the news’ — Bitcoin ETF may spark TradFi sell-off
Bitcoin retail investors may end up with a hot potato if the spot ETF go-ahead plays out like gold 20 years ago, analysis considers.
Real AI use cases in crypto, No. 2: AIs can run DAOs
Genuine, no bullsh*t, hype-free use cases for AI in crypto: How AIs can help run DAOs and make them genuinely autonomous.
Bitcoin mining firm Phoenix Group delays share listing
Due to UAE’s National Day, Phoenix Group’s public trading launch on the Abu Dhabi Securities Exchange has been moved to Dec. 5, 2023.
Upbit parent Dunamu's profits drop 81% in Q3
Dunamu reported a net profit of $23 million in the third quarter of 2023, a steep drop compared to the $123 million it earned in Q3 2022.
Why Binance’s US plea deal could be positive for crypto adoption
Is the settlement further indication that the crypto industry’s Wild West era is winding down, with a new epoch marked by regulation and taxation beginning?
FTX failure reveals flaws in multifunction crypto-asset intermediaries — FSB
The Financial Stability Board suggested the crypto industry might still require additional regulatory measures to prevent another FTX-like situation at the hands of crypto service providers.
Decentralization and sovereignty: Debunking our approach to digital sovereignty
Whether it's browser data or sensitive information, our digital snail trail is frequently extrapolated and shared under our noses, but its repercussions are becoming more clear.
Hong Kong authorities say 145 victims, $18.9M lost in Hounax scam
Authorities in Hong Kong confirmed 145 users were scammed on the unlicensed crypto exchange Hounax, resulting in $18.9 million of lost funds.
Vitalik Buterin thinks AI may surpass humans, community responds
Members of the AI and blockchain community have shared their views on the concerns posted by the Ethereum founder; some concur, while others disagree with the points laid out by Vitalik Buterin.
Animoca becomes largest validator of Telegram's TON blockchain
Animoca Brands invests in Telegram’s TON blockchain protocol and becomes its largest validator as it eyes GameFi development on the platform.