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Head of Dubai Crypto Regulator to Quit to 'Pursue Other Interests'

[Nov 16, 2023 6:55 AM] Henson Orser, the CEO of VARA, Dubai's crypto regulator, is set to leave the job and will be replaced by a partner at PwC.

Lloyds Bank Issues ‘Urgent Warning’ on Rising Threat of Crypto Scams

[Nov 16, 2023 4:30 AM] Lloyds Bank, a major retail and commercial bank in the U.K., has issued an “urgent warning” about the growing threat of cryptocurrency scams. “Crypto is a highly risky asset class and remains largely unregulated, which makes it an…

Philippines to Sell Tokenized Treasury Bond Next Week

[Nov 16, 2023 3:39 AM] The Bureau of the Treasury has set a minimum target of 10 billion pesos.

South Korea's Pension Fund Bought $20M Coinbase Shares in Q3, Made 40% Profit: Report

[Nov 15, 2023 11:30 PM] The fund snapped up COIN at an average price of $70.5 in the third quarter, achieving a 40% profit from investment.

Sora's First Summit Brought Sam Bankman-Fried to Hong Kong. Now, They've Got Their Eyes on Taipei.

[Nov 15, 2023 4:00 PM] Jason Fang and Sora Ventures have opened up shop with a marquee office in Taipei 101, and want to revolutionize science with the bitcoin blockchain.

Hong Kong Gaming Company Boyaa Interactive Seeks Approval to Buy $100M in Crypto to Boost Web3 Strategy

[Nov 15, 2023 11:07 AM] Boyaa Interactive unveiled plans this week to potentially buy up to $100 million worth of cryptocurrencies, mostly bitcoin [BTC] and ether [ETH] within a year.

Tokenization Firm Superstate Gets $14M Investment to Bring Traditional Funds On-Chain

[Nov 15, 2023 9:00 AM] The company has earmarked the funds for expansion, creating private funds for institutional investors and crafting a framework for tokenized public funds that U.S. clients can access.

Solana-Based Stablecoin Remittances Get a Boost with CFX Labs' Fresh $9.5M Fundraise to Expand Globally

[Nov 15, 2023 8:38 AM] Remittances are one of the most compelling use cases for stablecoins, offering fast, non-stop settlements and cheap transactions using blockchains as payment rail.

From ‘Big Short’ to Big Shift — Michael Burry Rotates Out of Bearish Bets Following Several Misfires

[Nov 15, 2023 8:30 AM] Michael Burry, famously known for his bold ‘Big Short’ wager against subprime mortgages in the early 2000s, has recently offloaded several substantial bearish positions following unsuccessful outcomes. As the founder of Scion Asset…

Blockchain Startup Kinto Plans 'First KYC'd' Ethereum Layer-2 Network After Raising $5M

[Nov 15, 2023 6:00 AM] The Kinto network, built with the Optimism's OP Stack, features native know-your-customer (KYC) checks and investor accreditation mechanism to help onboard regulated financial institutions.

Crypto Giant OKX Goes Live With Off-Exchange Derivatives Trading

[Nov 15, 2023 1:30 AM] Asset manager CoinShares along with crypto custody joint venture Komainu are aiming for TradFi standards in derivatives settlement with much reduced counterparty risk.

Blockchain.com Closes $110M Raise: Bloomberg

[Nov 14, 2023 11:19 PM] The exchange's valuation in the $110 million round was less than half of its previous $14 billion valuation, according to the report.

Fake BlackRock XRP Filing Referred to Delaware Department of Justice

[Nov 14, 2023 2:23 PM] Delaware's Department of Justice may be investigating the fake filing made for an apparent XRP exchange-traded fund.

Bitcoin Miner Hut 8 Q3 Net Loss More Than Doubles as Production Slumps

[Nov 14, 2023 9:22 AM] The firm said it mined fewer coins due to a higher network difficulty, operational issues and the suspension of some operations.

FTX Can Start Mediation, File Counterclaims in BlockFi Bankruptcy Case, Judge Rules

[Nov 14, 2023 5:20 AM] BlockFi filed for bankruptcy in late November last year, in part because of the ripple effects of the sudden collapse of FTX, which triggered an automatic stay that halted proceedings between the two.

Inflows Into Digital Asset Investment Products Cross the $1 Billion Mark — Study

[Nov 14, 2023 1:30 AM] The U.S. dollar value of funds flowing into digital asset investment products or exchange-traded products (ETP) in 2023 now exceeds $1 billion. In the week ending Nov. 10, approximately $293 million flowed into ETPs. Bitcoin ETP trading volumes in…

Tokenized Cash Fintech Fnality Raises $95M Led by Goldman and BNP Paribas

[Nov 13, 2023 6:00 PM] DTCC, Euroclear, Nomura and WisdomTree also participated in the Series B funding round.

Bogus BlackRock XRP Filing Spoofs ETF Watchers, Crypto Traders

[Nov 13, 2023 3:36 PM]

Former FTX, Alameda Executives to Start New Crypto Exchange: WSJ

[Nov 13, 2023 11:33 AM] Two former colleagues of recently convicted Sam Bankman-Fried are building a new crypto exchange, just days after their former CEO was found guilty on seven charges of fraud.

FTX Sues Bybit to Claw Back $953M in 'Misappropriated Funds'

[Nov 13, 2023 10:48 AM] The FTX estate says the funds were "preferentially" or "fraudulently" transferred to Bybit and affiliates in the lead-up to its November 2022, bankruptcy filing.

Ethereum Wallet Drainer Steals $60M in Six Months

[Nov 13, 2023 9:56 AM] Hackers that stole more than $60 million worth of crypto in six months are using a piece of code to bypass security alerts after maliciously gaining access to a private key.

Cboe Digital to Launch Margined Futures for Bitcoin, Ether

[Nov 13, 2023 9:22 AM] CBOE Digital, the crypto arm of the Chicago Board of Options Exchange, said it will list margined bitcoin and ether futures on Jan. 11.

Asia Fund Picks Up Majority Stake in The Block, Buys Out Shares Tied to Sam Bankman-Fried Loan

[Nov 13, 2023 7:30 AM] Singaporean venture capital firm Foresight Ventures has bought a majority stake in The Block, with the crypto media outlet being valued at $70 million.

Hacker Steals $27M in Tether From Wallet Linked to Binance Deployer

[Nov 13, 2023 7:20 AM] A hacker seemingly stole $27 million worth of tether [USDT] from a wallet linked to the Binance deployer over the weekend, according to blockchain analyst ZachXBT.

Grayscale's Solana Trust Trades at 869% Premium as Institutions Flock to SOL

[Nov 13, 2023 6:32 AM] Grayscale's Solana Trust (GSOL) is trading at $202 a share following a 653% rise since the start of September. The Trust's underlying asset, SOL, has trebled to $58 in the same period.

Bitget's Hong Kong Unit Halts Operations, Won't Apply for Crypto License

[Nov 13, 2023 5:52 AM] BitgetX HK, which launched in April, is withdrawing from Hong Kong and will shut operations on Dec. 13.

Genesis, Three Arrows Capital Reach Agreement on $1B of Claims

[Nov 13, 2023 4:59 AM] The bankrupt crypto lender is seeking court approval to settle the claims with a $33 million payment to defunct hedge fund 3AC.

Crypto Exchange Bithumb Plans South Korea IPO in Second-Half 2025: Report

[Nov 13, 2023 4:10 AM] Bithumb is aiming to close the market-share gap with fellow exchange Upbit, which has over 80% of the South Korean market.

Standard Chartered’s SC Ventures Partners With SBI to Establish Digital Asset Joint Venture in UAE

[Nov 11, 2023 1:30 AM] Standard Chartered’s ventures arm, SC Ventures, and Japanese conglomerate SBI Holdings are collaborating to establish a digital asset joint venture in the United Arab Emirates (UAE). “The joint venture will focus on investing in…

Swiss Financial Giant UBS Now Offers Crypto ETFs to Wealthy Clients in Hong Kong, Report

[Nov 10, 2023 11:30 PM] UBS has reportedly begun offering wealthy clients access to some crypto exchange-traded funds (ETFs) in Hong Kong. Initially, the Swiss financial services giant is offering three crypto ETFs that have received regulatory approval from the…