Bitcoin price flash crash raises chance of BTC dip to $54K
Bitcoin price drops more than 2% in an hour, leading to $127 million in long liquidations.
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FTX CEO testifies on ‘pure hell’ post-bankruptcy days at exchange
John Ray said when he took control of FTX in November 2022, there was a “massive scramble for information” related to the exchange’s funds, insurance and personnel. 657 Total views 37 Total shares Own this piece of history Collect this article as an NFTJohn Ray, who took over as CEO of crypto exchange FTX, has…

Gensler hints Grayscale ruling forced SEC to take ‘new look’ at Bitcoin ETFs
The SEC chair could be softening his stance on Bitcoin ETFs following the Grayscale court victory, but if so, he hasn’t admitted it outright. U.S. Securities and Exchange Commission chair Gary Gensler has hinted that the regulator has been rethinking its approach to spot Bitcoin exchange-traded products following a recent Grayscale court decision.Speaking to CNBC

Blockchain Bridges, Explained
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SEC is not the appropriate regulator for stablecoins: Circle CEO
Circle boss Jeremy Allaire maintains that "payment stablecoins" are payment systems, not securities. 107 Total views 19 Total shares Own this piece of history Collect this article as an NFTThe United States Securities and Exchange Commission is not the appropriate agency to regulate stablecoins, according to Circle founder and CEO Jeremy Allaire.In an interview with Bloomberg…

US regulator seeks feedback on DeFi’s impact on financial crime: Finance Redefined
Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you significant developments over the last week.The United States regulators want to take a closer look at money laundering and terror financing laws by the Financial Crimes Enforcement Network (FinCEN), as it asked banking sector players…

Central African Republic ‘CAR’ memecoin info pages plagued with phishing links
Investors may find themselves clicking on malicious links while researching the controversial Central African Republic memecoin.

Nifty News: Playboy’s revealing tokens, SNL’s NFT skit sold as an NFT, and more …
Playboy centerfolds will be sold as NFTs after the classic men’s magazine announced a partnership with Nifty Gateway today. The entertainment and lifestyle brand, famous for its Playboy bunnies, distinctive logo, and the dubious claim that men “only read it for the articles”, is planning to tokenize its art, cartoon and photography archive built up…

Australian Government Awards Grant to Blockchain Project for Sustainable Sugar
The Australian government has granted A$2.25 million ($1.7 million) to the Sustainable Sugar Project, Foodnavigator-Asia reports July 30. The Sustainable Sugar Project, led by the Queensland Cane Growers Organization, will use blockchain technology to track the provenance of sugar supplies to Australia. The initiative known as the Smart Cane Best Management Practice (BMP) is part…