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Amid Sanctions, Bitcoin Mining Machines Are ‘Flowing’ Into Russia, as Industry Thrives

[Jul 28, 2023 7:58 AM] Mining rig makers like Bitmain and MicroBT are expanding to Russia as the U.S. market becomes saturated, source said.

Worldcoin Being Probed by French Privacy Regulator for ‘Questionable’ Practices

[Jul 28, 2023 6:54 AM] Sam Altman’s latest eyeball-scanning initiative is attracting attention from data protection regulators.

First Mover Americas: Grayscale Urges SEC for Equal Treatment of Spot Bitcoin ETF Applications

[Jul 28, 2023 6:25 AM] The latest price moves in bitcoin (BTC) and crypto markets in context for July 28, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

Crypto.com Trumps Binance, Securing Netherlands Registration as Larger Rival Withdraws

[Jul 28, 2023 5:46 AM] The Netherlands, which has taken a tough line on rivals such as Binance and Coinbase, follows France, Dubai and the U.K. in recognizing the crypto exchange.

Near to Help Colombian Web3 Social Network Blumer Build Token Infrastructure

[Jul 28, 2023 5:45 AM] Users will be able to convert Blumer tokens for other cryptocurrencies and withdraw to wallets.

Memecoin-Focused Crypto Casino Coco Makes a Cracking Debut, Hits $36M in Volume

[Jul 28, 2023 5:23 AM] A new crypto casino inspired by the Milady NFT project has rolled out on the Ethereum blockchain, with transaction volume hitting $36 million in the first 12 hours after its release.

Bitcoin Bulls Should Switch to Call Options, Crypto Services Provider Matrixport Says

[Jul 28, 2023 2:56 AM] Lower volatility has made option prices cheaper, Matrixport's Markus Thielen said.

Shibarium Blockchain's Ethereum Bridge Goes Live for Testing as SHIB Tries to Shed Meme Coin Tag

[Jul 28, 2023 2:19 AM] The Shiba Inu-based layer 2 blockchain is expected to start operations next month.

Early Unibot Investors Sit on 200x Gains as UNIBOT Bucks Bitcoin Lull

[Jul 28, 2023 2:17 AM] UNIBOT prices have soared to $200 with a market cap of $180 million.

Crypto Mining Retailer Phoenix Looks at IPO in UAE: Bloomberg

[Jul 28, 2023 1:53 AM] The UAE-based firm is developing one of the region’s largest mining facilities.

U.S.-Listed Crypto Firms Will Need to Report Cybersecurity Breaches

[Jul 28, 2023 1:22 AM]

Sam Bankman-Fried Wants to Seal Caroline Ellison's Diary, Inner City Press Opposes

[Jul 28, 2023 12:51 AM] FTX founder Sam Bankman-Fried has asked the court to seal the contents of the private diary of his sometimes girlfriend and ex-Alameda Research CEO Caroline Ellison.

Bolivian Central Bank Using Chinese Yuan for International Settlements

[Jul 28, 2023 12:00 AM] Economy Minister Marcelo Montenegro acknowledged that the Bolivian Central Bank is harnessing the Chinese yuan in its commercial settlements. The switch to using the Chinese currency has to do with the dollar scarcity that the country is facing…

Bitcoin Steady Above $29K, Bond Yields Rise as BOJ Makes Yield Curve Control More Flexible

[Jul 27, 2023 10:52 PM] BOJ announced a proper yield curve control tweak with semantics that camouflaged the hawkish move.

Ripple and Palau Announce CBDC Stablecoin Pilot Program

[Jul 27, 2023 10:00 PM] Palau, an insular nation in the Philippines Sea, has partnered with Ripple, announcing a limited pilot for its own U.S. dollar-pegged stablecoin issued using XRP technology. According to Jay Hunter Anson, a member of the board of directors of…

FTX and Genesis Reach Agreement in Ongoing Bankruptcy Dispute

[Jul 27, 2023 9:48 PM] Crypto lender Genesis Global Capital is FTX’s largest unsecured creditor, with $226 million in claims.

U.S. Senate Passes $886B Military Spending Bill With Crypto AML Provision

[Jul 27, 2023 8:48 PM] The amendment takes aim at crypto mixers and “anonymity-enhancing” crypto assets.

Parrot Finance to Begin PRT Token Buyback on Monday, Capping Fiery Vote

[Jul 27, 2023 8:34 PM] Solana-based protocol Parrot Finance will buy PRT tokens from all sellers at $0.0045 apiece.

CFTC Overreached in Suing Binance, Crypto Exchange Says

[Jul 27, 2023 8:26 PM] The U.S. Commodity Futures Trading Commission (CFTC) is reaching beyond its jurisdiction in trying to sue Binance, the global crypto exchange said in a motion to dismiss the regulator's lawsuit against it.

U.S. Stablecoin Bill Takes Big Step Despite Fight From Democrats, White House

[Jul 27, 2023 8:00 PM] House lawmakers cleared stablecoins legislation for the next step in its route through Congress on Thursday, though the House Financial Services Committee moved the bill toward a potential floor vote without bipartisan support as Chair Patrick…

First Mover Asia: Some Bitcoin Whales Appear Content to Wait for the Next Price Catalyst

[Jul 27, 2023 6:49 PM] PLUS: BTC continued to trade above $29.2K, slightly down over the past 24 hours amid another day of low volatility.

Top 5 South Korean Crypto Exchanges Reveal Compliance Strategies to Curb Illicit Activities

[Jul 27, 2023 4:30 PM] According to a statement published by the South Korean Financial Services Commission (FSC), the entity’s Korea Financial Intelligence Unit held a meeting with virtual asset service providers (VASPs) in order to strengthen regulatory…

Bitcoin Wobbles, Then Regains Its Balance Above $29.2K; ETH, DOGE, MATIC Fall

[Jul 27, 2023 4:11 PM] The largest cryptocurrency ticked down for a couple of hours after a report that the Bank of Japan was mulling a change to its yield curve control policy before regaining ground.

Grayscale Urges Equal Treatment for All Spot Bitcoin ETF's in Letter to SEC

[Jul 27, 2023 4:10 PM] If the SEC decides to change course and approve one or more of of the current spot bitcoin ETF applications, “it must do so in a fair and orderly manner,” the statement said.

KIN Token Surges Over 20% After Vote to Burn 70% of Supply Passes

[Jul 27, 2023 4:06 PM] The token climbed on news that about 7 trillion KIN tokens worth $156 million will be burned.

TD Cowen Publishes Bullish Report on Bitcoin And MicroStrategy

[Jul 27, 2023 3:36 PM] Investment banking company, TD Cowen, published a recent report on MicroStrategy and its adoption of Bitcoin, according to documents obtained by Bitcoin Magazine.“MicroStrategy represents a new kind of firm, which generates dollar -based cash flow…

Sequoia Capital Slashes Crypto Fund From $585M to $200M : WSJ

[Jul 27, 2023 3:29 PM] The vaunted VC firm told investors earlier in the year it would shrink the fund to reflect a changed market.

Disgraced U.S. Congressman George Santos Involved Crypto in Nigerian Prince-Like Scheme: NYT

[Jul 27, 2023 3:07 PM] A source told The New York Times that Santos and two others appeared to try a crypto-centric version of the classic Nigerian prince email scam.

A ‘Two-Tiered Justice System’ — Public Reacts to DOJ Dropping Campaign Finance Charges Against FTX Co-Founder

[Jul 27, 2023 1:30 PM] In a court filing released Wednesday, the U.S. Department of Justice dropped campaign finance charges against disgraced FTX co-founder Sam Bankman-Fried. Prosecutors said the charges were dropped in accordance with U.S. treaty obligations to the…

Crypto Bill Advances Out of House Agriculture Committee

[Jul 27, 2023 12:11 PM] The House Agriculture Committee advanced the Financial Innovation Technology for the 21st Century Act, a day after the House Financial Services Committee did.