Bank of Italy to release crypto guidelines in ‘coming days’ — Governor
Italy’s central bank will soon share how the country should apply the EU’s MiCA crypto laws, with its governor slamming Bitcoin and Ethereum as “unbacked” cryptocurrencies.
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FTX announces next repayment round for May
The bankrupted crypto exchange started repaying its creditors on Feb. 18, over two years after its dramatic collapse.

New crypto users shouldn’t ‘rush into DeFi’ — Security firms
Hacken’s Luciano Ciattaglia said that new crypto users should not immediately jump into decentralized finance or decentralized exchanges.

Fed demands Voyager remove ‘false’ claims deposits are FDIC insured
The Fed and FDIC allege that Voyager “made various representations online" that its funds were FDIC insured. 161 Total views 38 Total shares Cypto lender Voyager Digital has been directed to remove “false and misleading” statements that its user’s deposit accounts are FDIC insured.In a joint letter written on July 28 by Seth Rosebrockfrom &…

Venus (XVS) rallies 900%, TVL hits $3.54B after Binance Smart Chain launch
Venus protocol becomes the top-ranked DeFi platform on the Binance Smart Chain as XVS price and the total value locked in the platform reach new highs. 3342 Total views 18 Total shares As decentralized finance continues to increase it hold on the wider cryptocurrency market, Binance Smart Chain (BSC) is beginning to emerge as a…

London-Based Hedge Fund Raises $50M to Launch New Crypto Investment Fund
Nickel Asset Management, a United Kingdom-based hedge fund manager, has raised $50 million for its newly launched crypto investment fund.According to a report from Finance Magnates on Sept. 9, the hedge fund has raised $50 million for its newly launched crypto investment fund, Nickel Arbitrage Fund, which aims to take advantage of arbitrage trading in…

Bitcoin Lightning Network capacity crosses 3900 BTC marking a new ATH
The Bitcoin LN was first implemented into the Bitcoin mainnet in 2018 and has ever since been able to maintain an upward trajectory in terms of expanding its capacity. 752 Total views 24 Total shares Unwithered by the ongoing bear market, Bitcoin’s (BTC) underlying architecture continues to outperform itself — further securing, decentralizing and speeding…

Bitcoin price peels back from its weekly high, but BTC derivatives markets look good
Wider economic and stock market-related issues are impacting Bitcoin’s softening price, but futures market data shows traders still feel bullish.
Pakistan aims to produce 1 million AI-trained IT graduates by 2027
The policy framework showcases Pakistan’s willingness to integrate AI for public and national betterment. The country has set 15 targets with timelines ranging from 2023 to 2028. 330 Total views 13 Total shares Just days after announcing that cryptocurrencies will “never be legalized” in the country, Pakistan’s Ministry of IT & Telecom drafted a policy…