August 2023 | Last Cryptocurrency News Feed

Ethereum staking services agree to 22% limit of all validators

At least five Ethereum liquid staking providers have either imposed or are working to impose a self-limit rule in which they promise not to own more than 22% of the Ethereum staking market — seen as a move to ensure the Ethereum network remains decentralized.Among the Ethereum staking providers either already committed or are working

Cointelegraph Feed

Binance Australia GM ‘really confident’ regulators will side with crypto

Binance Australia General Manager Ben Rose says he’s “really confident” that Australian regulators will eventually make the right choices when it comes to laws that govern digital assets in the country. “There are lots of very smart people in the government working really hard on [crypto] policy, so I'm really confident that we’ll get there in

CoinDesk Feed

OKX Planning Web3 Foray Into India, Chief Marketing Officer Says

OKX, one of the 10 largest crypto exchanges by trading volume, is planning to enter India and recruit local employees to explore potential Web3 applications, the firm's chief marketing officer told CoinDesk on Wednesday.The company, which doesn't have a global headquarters, has regional hubs in Hong Kong, Singapore, Dubai and the Bahamas. It plans to

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Could The Grayscale Court Victory Backfire On Bitcoin? Experts Weigh In

After suffering defeat against Grayscale in court, the Securities and Exchange Commission (SEC) is faced with a difficult decision on how to handle the wave of Bitcoin spot ETF applications knocking on its door. The agency need not approve the applications, however: instead, it may choose to rescind prior approval of the nation’s Bitcoin futures

Cointelegraph Feed

UK’s Travel Rule comes into effect, could halt certain crypto transfers

The crypto Travel Rule, which came into effect on Sept. 1, aims to stop anti-money laundering and counter-terrorist financing activities carried out on-chain. Cryptoasset businesses in the United Kingdom could now begin withholding certain crypto transfers to comply with the new Travel Rule for crypto that came into effect on Sept. 1.The rules targeting virtual

Cointelegraph Feed

Bitcoin traders wipe Grayscale gains after SEC delays spot ETF decisions

The price of BTC rose sharply and fell almost as fast over the past three days amid two recent events impacting pending applications for spot Bitcoin ETFs. 262 Total views 1 Total shares In less than a day, Bitcoin (BTC) has shed nearly all the gains it made from Grayscale Investment's court victory against the

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Sam Bankman-Fried’s Defense Strategy Draws Scrutiny From DOJ: Report

The US Department of Justice (DOJ) is seeking additional disclosures about Sam Bankman-Fried’s planned defense. According to a Tuesday filing, the lawyers representing the agency responded to the disgraced exec’s plan to use an advice-of-counsel defense during his scheduled trial in October. If this request is not met, the DOJ asked the court to restrict

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SEC Delays Upcoming ETF Decision For Blackrock and Others

As expected by analysts, the Securities and Exchange Commission (SEC) has again delayed its upcoming decision on whether to approve a slew of Bitcoin spot ETF applications. This pushes forward their respective decision dates by another 45 days. According to the SEC’s website, decisions for proposed ETFs from Blackrock, Invesco, WisdomTree, Valkyrie, Bitwise, VanEck, and

Cointelegraph Feed

Thailand’s national airdrop, Delio users screwed, Vietnam top crypto country: Asia Express

Thailand set to budget $16B for a crypto universal basic income scheme, Binance Japan to list 100 digital assets, Delio users' holdings slashed in half, and more. by Zhiyuan Sun 4 min August 31, 2023 Share Tweet Share Share Our weekly roundup of news from East Asia curates the industry’s most important developments. Thailand’s crypto

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Presidential Candidate Ramaswamy Says Grayscale’s Win ‘Clears a Path to Keep BTC in the US’

The American entrepreneur Vivek Ramaswamy, who is one of the US Presidential nominees of the Republican Party, thinks Grayscale’s court victory against the SEC is positive news that could keep Bitcoin and blockchain innovation within the States rather than see it relocate abroad. The 38-year-old businessman has presented himself as a proponent of the primary