Binance drops support for Sandbox NFT staking, will soon end support for all Polygon NFTs

Leading crypto exchange Binance said that it will end support for features related to non-fungible tokens (NFTs) on Sept. 9 and for all Polygon-based NFTs on Sept. 26. The company asked users to withdraw Polygon NFTs by Dec. дальше »

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Stake co-founder Eddie Craven shares details on $41m heist

Despite looting $41 million in cryptos, Stake co-founder Ed Craven said the hackers did not compromise private user info or access customer funds during the attack. Edward Craven, co-founder of crypto casino Stake, published preliminary findings from a Sept. 4… дальше »

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JPMorgan reportedly considers a payment token as Shiba Memu raises $2.58 million

JPMorgan is said to be launching a blockchain-powered token to revolutionise its global payments. Shiba Memu takes on meme tokens with an AI application amid the hunt for new crypto use cases. Shiba Memu could increase by up to 50x, given the historic price moves of meme cryptocurrencies. дальше »

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Ripple Acquires Crypto-Focused Chartered Trust Company Fortress Trust

A person with knowledge of the matter said the figure was less than the $250 million price tag for custody firm Metaco, which Ripple acquired in May. дальше »

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CFTC fines Mirror Trading $1.7B for Bitcoin-related forex fraud

The CFTC has brought or resolved 10 fraud cases involving digital assets or foreign exchange since June 2023, Commissioner Kristin Johnson said. дальше »

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U.S. Fed’s Vice Chair Barr Says CBDC Decision Still a ‘Long Way’ Off

The U.S. is far from making any decision on a central bank digital currency (CBDC), said Federal Reserve Vice Chairman Michael Barr, who described the Fed as still being in the “basic research” phase. дальше »

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Crypto firm LBRY files to challenge ruling it violated US Securities Law

The SEC filed a lawsuit in a New Hampshire court arguing that LBRY’s LBC tokens were tokens and not cryptocurrencies. The SEC won a case in November 2022 and LBRY said that it would close. LBRY was also ordered to pay a fine of $111,614. дальше »

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MicroStrategy's Large Bitcoin Impairment Losses Have Given a False Impression: Berenberg

FASB accounting rule changes should help companies that hold digital assets to eliminate the poor optics that have been created by impairment losses, the report said. дальше »

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Mirror Trading International to pay $1.7B in restitution to victims of Bitcoin investment scam

The U. S. Commodity Futures Trading Commission (CFTC) announced on Sept. 7 the outcome of a case against a South African company involved in crypto fraud. The CFTC said that a judge has entered a consent order against Mirror Trading International Proprietary Limited (MTI), finding the company liable for several types of fraud. дальше »

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Binance CEO brushes off negativity, assures firm has 'no liquidity issues'

Despite the so-called FUD, Changpeng Zhao said in reality, the crypto industry has scored a number of massive wins in recent weeks. дальше »

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FBI: Lazarus Group hacked and stole $41m from crypto casino, Stake

the Federal Bureau of Investigation (FBI) said North Korea-backed hacker group Lazarus was behind the attack on crypto casino, Stake дальше »

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CFTC Commissioner Pitches Pilot Program for U.S. Crypto Regulation

The U.S. watchdog for derivatives markets should create a limited pilot program for regulating cryptocurrencies, said Caroline Pham, one of the members of the Commodity Futures Trading Commission (CFTC). дальше »

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XRP Poised for Take-Off in the US via Ripple’s ODL as Pundit Sees Potential Adoption By Big Banks

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Litecoin (LTC) and Polygon (MATIC) Move Hand in Hand; VC Spectra (SPCT) Emerges as The Better Choice

Litecoin (LTC) and Polygon (MATIC) began the month of September on the wrong foot, both recording losses of over 10%. However, the same can’t be said for the newly launched VC Spectra (SPCT), which continues to see positive returns for its early investors. дальше »

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Blockchain and AI Are Set to Transform Financial Markets: Moody's

Incorporating AI and DLT into business models may require "substantial investment" at first – but could help lower expenses and improve market liquidity over time, a new report said. дальше »

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Crypto Spot Market August Trading Volume Hits 4.5-Year Low as Volatility Fails to Spur Activity

Volatility following the Grayscale's court victory over the SEC failed to translate into trading volumes on centralized exchanges, CCData said. дальше »

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Depressed Crypto Markets, Regulatory Risks Fail to Dissuade Asset Managers From Investing

Almost half the 60 buy-side professionals surveyed from U.S. and Europe-based asset managers and hedge funds said they're actively managing digital assets. дальше »

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FTX reorganizing on-chain assets by bridging tokens, consolidating holdings

Bankrupt crypto exchange FTX revealed in a tweet on Sept. 6 that it is in the process of moving its cryptocurrency holdings. The company said that it is moving bridged tokens on multiple networks to their native blockchains. дальше »

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Tornado Cash developer pleads not guilty to charges of conspiracy, money laundering

Roman Storm, a key developer behind cryptocurrency mixer Tornado Cash, pleaded not guilty to several criminal charges, Inner City Press said on Sept. 6. That report indicates that Storm pleaded not guilty to charges contained within an earlier indictment. дальше »

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Tornado Cash developer Roman Storm pleads not guilty to charges of conspiracy, money laundering; released on $2M bond

Roman Storm, a key developer behind cryptocurrency mixer Tornado Cash, pleaded not guilty to several criminal charges, Inner City Press said on Sept. 6. That report indicates that Storm pleaded not guilty to charges contained within an earlier indictment. дальше »

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Grayscale revealed as second-largest Bitcoin holder despite confidentiality efforts: Arkham Intelligence

Blockchain analytical firm Arkham Intelligence identified Grayscale’s Bitcoin Trust as the second-largest Bitcoin (BTC) holder in a Sept. 6 post on X, formerly Twitter. The company said that the trust is the “second largest BTC entity globally” and that the fund contains over $16 billion of the flagship digital asset. дальше »

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FTX’s Sam Bankman-Fried Has Sufficient Time To Prepare For Trial, DOJ Claims

On Tuesday, the United States Department of Justice (DOJ) said that Sam Bankman-Fried (SBF), the embattled co-founder of the defunct FTX crypto exchange, has been given sufficient time and resources to review discovery materials for the case against him. дальше »

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Coinbase Singapore now requires counterparty’s personal information to process transactions

Coinbase Singapore users must provide additional counterparty information when initiating cryptocurrency deposits or withdrawals from their accounts starting Sept. 5. The exchange said it introduced these measures in compliance with the Monetary Authority of Singapore (MAS) regulations on anti-money laundering and countering the financing of terrorism. дальше »

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Coinbase CEO hints at creating decentralized LinkedIn

The CEO of Coinbase crypto exchange, Brian Armstrong, shared his idea for the web3 and crypto space, hinting at developing a decentralized LinkedIn. Armstrong added that companies could utilize the uniqueness of soul-bound non-fungible tokens (NFTs). He said companies could… дальше »

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Russian Lawmaker Predicts That Digital Ruble Will Displace Banks

Soon it will be possible to get a loan in the digital ruble and decisions will be made by a robot, Anatoly Aksakov, the head of the State Duma Banking Committee, said in a meeting. дальше »

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DYdX to launch decentralized order book exchange on Cosmos: KBW 2023

DYdX Foundation CEO Charles d’Haussy said that the exchange is taking a “new step forward” by decentralizing the order book.

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India G20 confirms ‘active discussions’ around global crypto framework

Sitharaman said crypto was a “threat as well as an opportunity” while confirming that G20 members are working toward establishing a global crypto framework. дальше »

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Marathon’s Bitcoin mining rate fell 9% in August

The company still mined five times more Bitcoin than in August 2022, producing 1,072 last month, and said unfavorable weather conditions caused the decrease from July. дальше »

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Report suggests 6 billionaire crypto traders earned their fortunes from Bitcoin

The firm behind the “Crypto Wealth Report” said it received a spike in the number of crypto-related inquiries by millionaires in the last six months. дальше »

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XRP Records Highest Average Daily Trade Volume Among Altcoins In August – Report

Prominent crypto research firm Kaiko reports that the XRP token recorded impressive trade volume strides across August 2023. This development comes amidst the token poor price performance in the said month. дальше »

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Visa Taps Solana and USDC Stablecoin to Boost Cross-Border Payments

The company said it is one of the first major payment institutions to use directly the Solana network for settlements. дальше »

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Baidu CEO Robin Li says more than 70 AI models already released in China

The CEO of Chinese tech-giant Baidu said that, since China’s new AI regulations have been in place, over 70 AI models have been released in China with over 1 billion parameters. дальше »

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ECB executive Fabio Panetta aims for digital euro expansion

The European Central Bank executive, Fabio Panetta, stated in a speech that the EC proposal for the digital euro could give the CBDC legal tender status. In a speech at the Economic and Monetary Affairs Committee, the executive said that… дальше »

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Crypto collapses generate hundreds of millions of dollars for lawyers

Lack of cryptocurrency regulations have made the legal work on crypto bankruptcies more difficult and expensive, FTX lawyers said. дальше »

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India’s finance minister calls for global crypto regulation

India’s Minister of Finance, Nirmala Sitharaman, said that all countries must unite for better worldwide crypto regulation. Speaking at the Global Fintech Fest 2023, Sitharaman added that there should be a global regulatory framework “for handling issues related to crypto… дальше »

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Swyftx launches ‘Earn and Learn’ — paying Aussies to learn about crypto scams

Australian crypto exchange Swyftx said it had identified a rise in demand for crypto education during the bear market as the reason for its launch. дальше »

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Multibillion Dollar Oracle Tool Chronicle to Expand Outside of MakerDAO Ecosystem

Chronicle is said to safeguard over $5 billion in assets held on Maker by ensuring pricing data is in line with the general market. дальше »

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Digital euro can ward off a host of private payment service ills: ECB official

Private payment services can gain a monopoly over services with no benefit to other market players or economic stability, ECB board member Fabio Panetta said. дальше »

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Binance records mild outflow as another top executive leaves

Binance confirmed to CryptoSlate in a Sept. 4 email that its head of product, Mayur Kamat, had left his role at the exchange. A Binance spokesperson said: “We can confirm that Mayur has stepped down from his role as product lead. дальше »

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Australia Senate Committee Rejects Crypto Bill From Opposition Senator Andrew Bragg

Bragg said the Labor government had put regulating crypto in the slow lane. дальше »

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Crypto ETF Opportunity Doesn't Stop at Bitcoin, Extends Into Multiple Digital Assets: Bernstein

The industry push for an ether spot ETF will follow immediately after a bitcoin ETF approval since ETH has a similar market structure of a traded CME futures market and a spot market, the report said. дальше »

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Grayscale's Legal Win Versus SEC Makes Spot Bitcoin ETF Approval More Likely: JPMorgan

For the SEC to defend its denial of Grayscale’s proposal to convert GBTC into an ETF, it would have to withdraw its previous approval of futures-based bitcoin ETFs, which is unlikely, the report said. дальше »

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Artbitrum founder says Stylus is a game changer for EVMs

The Arbitrum-building Offchain Labs co-founder Ed Felten said its new tool would allow more seasoned devs to build EVMs, possibly making them safer. дальше »

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I asked ChatGPT about Solana's Q3, 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. Solana [SOL] has a bearish outlook for the nThe post I asked ChatGPT about Solana's Q3, here's what it said appeared first on AMBCrypto. дальше »

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Binance's CZ Says 'Bitcoin Is Traceable'

Binance CEO said something not many crypto investors were ready to hear дальше »

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XRP Attorney Challenges The SEC, Binance Labs Spurs Web3 Startup Funding, Borroe Exceeds Both in Innovation

A pro-XRP attorney has challenged the regulator, but the price of XRP ($XRP) is still struggling. On the other hand, Binance Labs said it now offers Web3 startup funding, enabling BNB ($BNB) to consolidate and be ready to rise. дальше »

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New SEC hedge fund rules not expected to trouble crypto firms

The SEC overstepped its legal mandate when it issued sweeping new rules, plaintiffs said. дальше »

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Ex-SEC chair Jay Clayton says approval for a spot Bitcoin ETF is ‘inevitable’

Former SEC chair Jay Clayton suggested that U. S. securities regulators will likely approve a Bitcoin ETF during an interview with CNBC on Sept. 1. Clayton nevertheless said he was not surprised that the U. дальше »

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Approval Of A Spot Bitcoin ETF In U.S. Is ‘Inevitable’, Claims Ex-SEC Chair Despite Delays

Former SEC chairman Jay Clayton today said that the approval of a spot Bitcoin exchange-traded fund (ETF) is “inevitable” despite the U.S. Securities and Exchange Commission (SEC) postponing decisions on several ETF proposals for 45 days. дальше »

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New Russian malware, dubbed ‘Infamous Chisel,’ identified targeting Binance, Coinbase, and Trust wallets

Newly discovered malware dubbed “Infamous Chisel” targets crypto wallets and other Android apps, according to a U. K. government report on Sept. 1. The U. K. ’s National Cyber Security Centre (NCSC) said that the malware works by scanning various directories on infected mobile devices and exfiltrating data. дальше »

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