Hong Kong Monetary Authority to Prepare for Retail CBDC
[Jun 9, 2023 4:26 AM] The regulator will start conducting in-depth studies and pilots on the implementation of a future e-HKD.
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US Senator Bill Hagerty Warns SEC Actions ‘Pave the Way’ for a CBDC
[Jun 9, 2023 4:00 AM] Tennesse U.S. senator Bill Hagerty has warned about the consequences of the recent actions of the Securities and Exchange Commission (SEC) against cryptocurrency platforms in the country and the objectives that might be behind these. Hagerty stated…
Crypto Exchange OKX Burns $258M of OKB Tokens in Record Move
[Jun 9, 2023 3:10 AM] OKX periodically buys back and burns the tokens to gradually reduce their supply on the open market.
Cardano Developer Rejects SEC Claim Its ADA Token Is a Security
[Jun 9, 2023 2:51 AM] “Under no circumstances is ADA a security under U.S. securities laws,” IOG said.
Ripple CEO Brad Garlinghouse: ‘The SEC Is Throwing Lawsuits at the Wall’
Vitalik Buterin’s Shiba Inu Donations to Power New Round of India Covid Relief Funds
[Jun 9, 2023 12:51 AM] Buterin said the new donation would work toward reducing the long-term impact of coronavirus.
EU’s Landmark Crypto Law MiCA Published in Official Journal
[Jun 9, 2023 12:34 AM] The procedural move means landmark licensing, stablecoin and anti-money laundering rules apply as of December 30, 2024.
Bitcoin Advocate Nic Carter Accuses ‘Laser-Eyed Maxis’ of Turning Bitcoin Into a ‘Secular Cult’
[Jun 8, 2023 11:30 PM] In a tweet this week, crypto advocate Nic Carter took aim at those who claim to be bitcoin enthusiasts but have been applauding the U.S. Securities and Exchange Commission’s (SEC) enforcement actions. Carter accused these individuals of…
New Stablecoin Bill Drafted by House Republicans as Compromise With Democrats
[Jun 8, 2023 10:08 PM] The Republican chair of the House Financial Services Committee has released a new draft of the leading U.S. legislative proposal for overseeing stablecoins, and it includes some of the positions of Democratic lawmakers.
Binance.US Suspends Use of Fiat as Legal Troubles Mount
[Jun 8, 2023 10:07 PM] The exchange says users should withdraw USD as soon as possible as the Securities and Exchange Commission engages in "extremely aggressive and intimidating tactics" against the company.
First Mover Asia: Bitcoin Remains Resilient Near $26.5K, Despite Ongoing Binance, Coinbase Fallout
[Jun 8, 2023 6:54 PM] ALSO: Valkyrie's chief investment officer expects the U.S. central bank to suspend its nearly year-long diet of interest rate increases. That might please digital and other asset markets, but Steven McClurg said that the monetary dovishness is…
FTX Bankruptcy Judge Says U.S. Courts Should Have Full Control Over $7.3B in Disputed Assets
[Jun 8, 2023 4:25 PM] Tk
NFT Inspect Introduces New PFP Discovery Tool for Twitter
[Jun 8, 2023 3:12 PM] The recently-resurrected NFT analysis platform has a new Chrome browser extension that provides real-time data on Twitter PFPs.
Solana Foundation: SOL is 'Not a Security'
[Jun 8, 2023 3:04 PM] SOL, the native token of the Solana blockchain, was declared an unregistered security in this week’s SEC lawsuits against crypto exchanges Binance.US and Coinbase.
Do Kwon Moved $29 Million Worth of Coins Since Arrest, Prosecutor Says
[Jun 8, 2023 2:30 PM] Founder of Terraform Labs, Do Kwon, has withdrawn millions of dollars in crypto from an entity linked to his failed blockchain firm, investigators claim. South Korean authorities are now trying to locate the digital assets that have been allegedly…
BitGo Announces Preliminary Deal To Acquire Prime Trust Custody Firm
[Jun 8, 2023 2:30 PM] BitGo Holdings, Inc., has announced its intention to acquire Prime Core Technologies, Inc., the parent company of Prime Trust. According to a blog posted by BitGo, the acquisition aims to bring business continuity, long-term stability and…
Crypto Custody Firm BitGo Reaches Preliminary Agreement to Buy Prime Trust: Sources
[Jun 8, 2023 1:24 PM] Cryptocurrency custody firm BitGo is seeking to buy Prime Trust, another crypto custody specialist regulated in the state of Nevada, according to a person familiar with the matter.
SatoshiLabs Introduces Vexl Foundation With KYC-Free P2P Bitcoin App And Financial Tyranny Index
[Jun 8, 2023 12:43 PM] SatoshiLabs, the creator of the Trezor hardware wallet, has announced the launch of the Vexl Foundation at the BTC Prague conference. A press release shared with Bitcoin Magazine said the foundation aims to restore financial power to individuals…
SEC Chair Gensler’s Alleged Past Interest in Advising Binance Surfaces Amidst Legal Battle
[Jun 8, 2023 12:30 PM] Lawyers for Binance claim that current U.S. Securities and Exchange Commission (SEC) chair Gary Gensler once sought to become an advisor for the exchange back in 2019. This purported application occurred while Gensler was teaching at the…
Kraken NFT Marketplace Launches With Support for Ethereum, Solana and Polygon Collections
[Jun 8, 2023 11:26 AM] Cryptocurrency exchange Kraken has officially launched its NFT marketplace out of beta testing, supporting over 250 NFTs across the Ethereum, Solana and Polygon blockchains.
Ethereum Staked on Coinbase Sees Massive Redemptions, Over 27,000 Tokens Redeemed on June 6
[Jun 8, 2023 10:34 AM] Recent statistics reveal that a significant amount of ethereum staked on Coinbase has been redeemed, with 27,280 tokens being redeemed on June 6. This development comes in the wake of the U.S. Securities and Exchange Commission (SEC) filing a…
SEC’s Gensler Rebuffs Crypto Complaints, Says Gave Ample Warning Heat Was Coming
[Jun 8, 2023 10:30 AM] U.S. Securities and Exchange Commissioner (SEC) Chair Gary Gensler argued there’s nothing special about the assets or exchanges in the crypto sector, and their backers can’t hide behind claims that their tokens provide utility.
Ethereum Developers Cement Final Lineup of Changes in ‘Dencun’ Upgrade
[Jun 8, 2023 10:00 AM] Proto-danksharding is at the heart of the package, with other improvements for storage on-chain, as well as minor code changes related to the Ethereum Virtual Machine.
Fedi Hosting First Ever Pop-Up Federation At BTC Prague
[Jun 8, 2023 9:41 AM] BTC Prague and Fedi are teaming up to launch the first-ever “Pop-Up Federation” on the OS, providing attendees of the BTC Prague conference with a unique opportunity to test Fedi Alpha, the builder-focused early release of the federated operating…
Circle Rolls Out Support for USDC Stablecoin on Arbitrum
[Jun 8, 2023 9:34 AM] Several key applications will support Arbitrum-based USDC like Aave, Balancer, Camelot, Coinbase, Curve, GMX, Radiant, Trader Joe and Uniswap.
Coinbase Shares Are 'Uninvestable' in the Near Term: Berenberg
[Jun 8, 2023 8:57 AM] The investment bank cut its price target on the stock to $39 from $55.
Another Mysterious Signed Message Appears Associated With the 2009 Bitcoin Block 1,018
[Jun 8, 2023 8:00 AM] This week, the number of Ordinal inscriptions has exceeded 11 million, with one inscription in particular, numbered 11,035,214, standing out. The inscription bears a message that has been signed with the private key associated with block 1,018, and…
ZEBEDEE Announces Alpha For New Social Layer Powered By Nostr
[Jun 8, 2023 8:00 AM] ZEBEDEE, a company known for its Lightning-powered ecosystem, has unveiled the alpha version of its latest app upgrade, Social. According to a press release shared with Bitcoin Magazine, this groundbreaking social layer introduces a new paradigm…
Aave-Developed Lens Protocol Raises $15M to Expand 'Social Layer' of Web3
[Jun 8, 2023 7:32 AM] Uniswap CEO Hayden Adams, OpenSea co-founder Alex Atallah, entrepreneur Balaji Srinivasan and Polygon co-founder Sandeep Nailwal joined the round as angel investors.
Jack Dorsey-backed Nostr Creator Collaborates With Employer Zebedee on New Social Media Layer
[Jun 8, 2023 7:00 AM] Zebedee users will be able to join a waitlist for alpha access to an updated version of the app which will feature integration with decentralized social media protocol Nostr (an acronym for “notes and other stuff transmitted by relays”).