SEC yet to indicate approval timeline, says Grayscale CEO on spot Bitcoin ETFs

Michael Sonnenshein, Grayscale CEO, said his firm has not received any word about approval for spot Bitcoin ETFs from the Securities and Exchange Commission (SEC) leading up to a window where all 12 applications could receive the green light. дальше »

332 +

BIS Researchers Say Stablecoins Are Failing to Live Up to Promise

For stablecoins to be able to be used as a means of exchange they should be able to maintain their value during the day, economists at the Bank for International Settlements said. дальше »

127 +

UK’s Tough Crypto Regulator FCA Won’t Go Easy on Stablecoins, Official Says

The Financial Conduct Authority (FCA) on Monday published a discussion paper with proposals for a stablecoin regime. Though the country’s Conservative government has said it wants the U.K. to be a crypto hub and has managed to push through legislation that lets stablecoins be regulated as a means of payment, the FCA has been a strict regulator and it will do most of the supervision work involving the broader crypto sector. дальше »

59 +

EU Banking Watchdog Seeks Feedback on Draft Liquidity, Capital Rules for Stablecoin Issuers

Three consultations on relevant rules will run until Feb. 8, 2024, the European Banking Authority has said. дальше »

332 +

Wintermute threatens lawsuit against Near Foundation over failed $11M stablecoin conversion

Evgeny Gaevoy, the CEO of Crypto market maker Wintermute, said his firm would take legal action against Near(NEAR) Foundation and Aurora Labs for failing to deliver on their promise to convert $11 million worth of USN stablecoins into Tether’s USDT. дальше »

293 +

Investment Adviser Two Prime Sees $2B in Demand for Bitcoin-Backed Loans

"We have seen about $2 billion in demand for bitcoin-secured loans since we started offering them in September, " Two Prime's Alexander Blume said. дальше »

127 +

I asked ChatGPT what the future holds for Shiba Inu, it said...

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. One of the market's most popular memecoins, The post I asked ChatGPT what the future holds for Shiba Inu, it said... appeared first on AMBCrypto. дальше »

253 +

Founder who suffered eye damage at Bored Ape Yacht Club event sends ‘formal legal notice’ to Yuga Labs

A founder who attended Yuga Labs’ recent Ape Fest in Hong Kong has sent legal notice to the company after suffering eye damage related to the event. Asif Kamal, founder of the art-tech and NFT company Artfi, said that he fell ill to a “widespread eye infection outbreak” during the Bored Apes Yacht Club-themed event, […] The post Founder who suffered eye damage at Bored Ape Yacht Club event sends ‘formal legal notice’ to Yuga Labs appeared first on CryptoSlate. дальше »

300 +

Federal Reserve’s Michael Barr comments on stablecoin regulations, CBDCs

Michael Barr, vice chair for supervision at the U. S. Federal Reserve, commented on matters related to stablecoins and CBDCs on Nov. 7. According to reports from Bloomberg, Barr said: “There is interest in strong, federal regulation of stablecoins that makes sure the Federal Reserve can approve, regulate and enforce against stablecoin issuers, including wallets. дальше »

353 +

Acting OCC chief says tokenization holds immense promise, but crypto still risky

The acting chief of the U. S. Office of the Comptroller of the Currency (OCC), Michael Hsu, said he is optimistic about the transformative potential of tokenization but continues to be wary of the crypto due to high levels of risk. дальше »

372 +

U.S. Banking Watchdog Hsu Says Tokenization Promising, But Crypto Full of Fraud

Tokenization of assets could be the answer to the risky complexities of settling the movement of funds and securities, said Michael Hsu, the acting head of the U.S. Office of the Comptroller of the Currency. дальше »

126 +

BTC’s top critic creates token behind Binance

Binance CEO Changpeng Zhao said famous economist Nouriel Roubini used his company's logo without permission for promotional purposes. дальше »

168 +

Kraken’s ambiguous response fuels speculation of layer-2 network development

Kraken said it is “always looking to identify and solve for new industry challenges and opportunities,” in a Nov. 7 email sent to CryptoSlate. The exchange made this statement in response to recent speculations about its potential development of a layer-2 network. дальше »

333 +

Crypto Broker sFOX Offers Commission-Free Blockchain Staking from Regulated Custody

“We are providing a gateway to staking without stepping in the middle or taking any revenue or profit,” founder Akbar Thobhani said. дальше »

245 +

SEC Commissioner emphasizes the need for clarity in crypto regulation

Uyeda pointed out that enforcement should not overshadow the various challenges faced by global market participants. He said SEC should have proactively contributed to creating regulatory guidaThe post SEC Commissioner emphasizes the need for clarity in crypto regulation appeared first on AMBCrypto. дальше »

245 +

Kraken Said to Seek Partner to Help Build It a Layer 2 Blockchain Network

The crypto exchange is still considering which blockchain developer should build its network, with Polygon, Matter Labs and the Nil Foundation in the mix, according to people familiar with the situation. дальше »

293 +

Elon Musk denies that X, Tesla, or SpaceX will ever issue crypto tokens

Billionaire entrepreneur Elon Musk said in a social media post on on Nov. 3 that his various companies will never issue a cryptocurrency token. Musk stated: “To be super clear, none of my companies will ever create a crypto token. дальше »

275 +

Did BNB Chain overcome its security challenges in Q3?

Implementing the Plato and Hertz hard forks helped mitigate the risk of attacks on the BNB Chain. A total of 126 incidents occurred, with over $43 million lost. Many things can be said aboutThe post Did BNB Chain overcome its security challenges in Q3? appeared first on AMBCrypto. дальше »

157 +

SEC Commissioner pushes agency to impose stronger preventative measures on crypto industry

In a Nov. 6 speech, Republican SEC Commissioner Mark Uyeda said the watchdog needs to reassess its approach to the crypto industry. According to Uyeda, regulatory clarity is the need of the hour, and the SEC has the power to establish it. дальше »

305 +

Ripple’s XRP On The Verge Of Ultimate Price Explosion To $1 As Whale Accumulation Skyrockets

4324 +

Hong Kong’s HashKey exchange to list Uniswap token

The addition of Uniswap will be available for professional investors only, HashKey said. Hong Kong cryptocurrency exchange HashKey Exchange is expanding its list of supported assets with Uniswap (UNI) as the firm doubles down on its regional strategy. On Nov.… дальше »

254 +

Bitcoin Addresses With Over $1K of BTC Hits Record 8M, Data Shows

The number could grow exponentially, representing a tremendous amount of purchasing power, one observer said. дальше »

125 +

Hong Kong reportedly considers allowing retail investors to trade spot crypto ETFs

Julia Leung, the Chief Executive Officer of Hong Kong’s Securities and Futures Commission (SFC), said the regulator was considering opening up spot crypto exchange-traded funds (ETFs) to retail investors, Bloomberg reported. дальше »

4691 +

There Is No Reason Not to Be Bullish on Bitcoin After Payroll Data, Crypto Expert Says

We’re seeing decent progress on the CPI and hourly earnings trends, giving room for the Fed to speak in a continued dovish tone, Amberdata's Greg Magadini said. дальше »

159 +

Bitfinex suffers phishing attack, says there is ‘no loss of funds’

Сrypto exchange Bitfinex resolved a security incident and contacted all customers affected by a phishing attack. However, no funds have been lost. Crypto exchange Bitfinex said in a blog post it had suffered “a minor information security incident,” affecting customer… дальше »

135 +

Crypto lawyer John Deaton believes Ripple has 90% chance of winning SEC lawsuit

Well-known cryptocurrency attorney John Deaton believes that the SEC only has a 10% chance of winning its dispute with Ripple, with 90% odds in the company’s favor. Deaton said that a settlement of $20 million or less would represent a significant legal triumph for Ripple, a sentiment echoed by many in the cryptocurrency community. дальше »

309 +

ChatGPT seems to be confident in MATIC's future - Here's what it said

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. Polygon [MATIC] rose to the price level of $The post ChatGPT seems to be confident in MATIC's future - Here's what it said appeared first on AMBCrypto. дальше »

309 +

SBF will likely serve 25 years rather than max sentence, former DOJ prosecutor says

Former FTX CEO Sam Bankman-Fried may not receive a maximum sentence, CNBC said on Nov. 4, citing statements from former government prosecutors. Renato Mariotti, once a prosecutor within the U. S. дальше »

233 +

NFT marketplace OpenSea cuts 50% of jobs amid restructure

Opensea CEO Devin Finzer said the firm took the decision as it was creating a new foundation for OpenSea 2. 0. 95% of NFTs have no value at all, as per a recent report on the state of NFTs. дальше »

195 +

Is Fantom (FTM) About To Explode Like Solana (SOL)? This Analyst Thinks So

FTM, the native currency of the Fantom ecosystem, might be the next coin to follow and perhaps outperform Solana (SOL). This optimistic preview is by one technical analyst, “Magnate,” who, in an X post on October 3, said traders who missed the SOL rally may have a chance with FTM. дальше »

325 +

Valkyrie CIO anticipates spot Bitcoin ETF approval as early as the end of November

Valkyrie Chief Investment Officer (CIO) Steven McClurg told ETF. com on Nov. 2 that regulators could approve a spot Bitcoin ETF by the end of the month. McClurg said that he expects the U. S. Securities and Exchange Commission (SEC) to send a second request for comments to various spot Bitcoin ETF applicants in the coming weeks. дальше »

293 +

US Treasury sanctions Russian national for helping oligarchs evade sanctions with crypto, cash, and real estate

The U. S. Department of the Treasury and its Office of Foreign Assets Control (OFAC) sanctioned a Russian businesswoman on Nov. 3. The agency said that Russian national Ekaterina Zhdanova helped the country’s elites launder and move funds using virtual currency and other methods. дальше »

356 +

Dogecoin Co-Creator Fires Shots At Convicted Sam Bankman-Fried – Here’s What He Said

Dogecoin co-creator Billy Markus, who is known as Shibetoshi Nakamoto on the social media platform X, has offered his commentary on the recent verdict in the case of Sam Bankman-Fried (SBF), the disgraced founder of FTX. дальше »

237 +

Individual creators will ultimately shape the metaverse: Sandbox founders

As the firm moves to open up The Sandbox Map, co-founder Sebastian Borget said he believes individual creators and brands will ultimately drive what the metaverse of the future will offer. дальше »

129 +

Coinbase narrows loss while crypto trading volumes fall in Q3

Despite seeing falling trading volumes, Coinbase said they were “pleased” with how the quarter played out.

269 +

Prisoners’ Dreams to Stash $54M in Crypto in Exotic Locales Dashed as Feds Grab It for Treasury

Federal law enforcement has seized $54 million worth of cryptocurrencies from the leader of a notorious New Jersey drug ring, U.S. Attorney Philip R. Sellinger said Thursday in a statement. дальше »

62 +

‘He lied to get customers’ trust’: Prosecution makes closing argument against SBF

“He knew what he was doing was wrong — that’s why he never hired a risk officer,” U.S. Assistant Attorney Danielle Sassoon said.

651 +

Chelsea Manning-backed Nym releases privacy-first VPN powered by blockchain

Nym Technologies, the privacy infrastructure project with backing from a16z and Chelsea Manning, shares the release of its decentraized VPN for Q1 2024, which is said to disperse user traffic across a network of nodes. дальше »

160 +

Over half of musicians concerned over audience perception of AI use: Survey

Over half of musicians surveyed said they’re concerned with how their audience might perceive music created using AI, yet many artists have found it useful in their creative process. дальше »

56 +

USDC’s circulating supply falls below 25 billion after Circle curbs minting services for retail customers

USD Coin, the second-largest stablecoin, has seen its circulating supply decline below 25 billion for the first since 2021 after its issuer, Circle, curbed minting services for retail users. “In September 2021, we sunset a customer app and are now offboarding those legacy, individual consumer accounts,” Circle said in an Oct. дальше »

250 +

MicroStrategy bought $167M worth of Bitcoin in Q3 2023, holds over $4B total

Steadfast Bitcoin investor MicroStrategy announced that it purchased another batch of Bitcoin in its Q3 2023 earnings report on Nov. 1. Andrew Kang, Chief Financial Officer (CFO) at MicroStrategy, said: “We further increased our total bitcoin holdings to 158,400 bitcoins, adding 6,067 bitcoins since the end of the second quarter. дальше »

263 +

Solana Labs unveils GameShift, a web3 suite for game developers

Solana Labs announced the beta launch of GameShift, its Web3 service for game developers, in a press release published on Oct. 31. Davis Hart, Product Lead for GameShift, said: “Integrating GameShift’s API to handle blockchain complexity under the hood allows developers to dedicate more resources directly to game development … developers can provide a Web2-friendly […] The post Solana Labs unveils GameShift, a web3 suite for game developers appeared first on CryptoSlate. дальше »

271 +

Hong Kong’s HashKey unveils plans to launch ERC-20 utility token

The token’s economic model will be ‘closely tied to the long-term interests of ecosystem contributors,’ the firm said. HashKey Exchange is set to roll out its own ERC-20 token as the firm is seeking options to expand its regional presence… дальше »

1048 +

CFTC Awards $16M to U.S. Whistleblowers; Most Tips Were Crypto-Related

Crypto continues to have pervasive fraud and other illegality, Commissioner Christy Goldsmith Romero said. дальше »

135 +

CFTC paid almost $16m to crypto whistleblowers in 2023

In 2023, the majority of CFTC’s whistleblower awards involved crypto fraud schemes, said Christy Goldsmith Romero, a commissioner of the regulator. As the crypto market remains the top spot for malicious actors and hackers, the U.S. Commodity Futures Trading Commission… дальше »

164 +

BitGo Granted German Crypto Custody License by BaFin

BitGo had already been storing crypto assets under the regulator's supervision since 2019 as part of a transitional regime, the firm said. дальше »

125 +

SEC missed a step with its crypto safeguarding rule, U.S. government watchdog says

The U. S. Government Accountability Office posted a complaint about a cryptocurrency-related bulletin from the country’s main securities regulator on Oct. 31. The accountability office said that the U. дальше »

217 +

WalletConnect complies with OFAC sanctions, geo-blocks Russia and parts of Ukraine

The web3 protocol said its decision followed legal guidance from the U.S. Treasury while debunking unverified reports of restrictions on non-sanctioned countries. дальше »

148 +

Circle Curbs Stablecoin Minting for Retail Users, Moving Closer to Tether's Practice

USDC issuer Circle Internet Financial said it is curbing support for individual consumer accounts to mint stablecoins, with currently only accepting qualified institutional clients. дальше »

257 +

Drawbacks of Stablecoin Cross-Border Use Outweigh Benefits: Global Payments Watchdog

Existing stablecoins aren't fully compliant with relevant regulatory requirements, a report by the Committee on Payment and Market Infrastructures said. дальше »

125 +