Coinbase to sponsor NBA team in aftermath of FTX collapse

The United Arab Emirates (UAE)’s national securities regulator plans to introduce Initial Coin Offerings (ICO) for capital markets in 2019, Reuters reported Oct. 8.Reuters notes that the regulator has embraced the innovative fundraising model to diversify the means through which companies can raise capital, noting that in recent years, “weak” equity markets, coupled with low…

The price of Bitcoin (BTC) has increased from $9,088 to $11,800 since July 1 by more than 30%. With it, the volume of top-tier cryptocurrency exchanges has surged to a staggering $334 billion.A report from CryptoCompare released by Bitcoin futures exchange BitMEX says:“In July, Top-Tier volumes increased 42.1% to $334bn while Lower-Tier volumes decreased 38.1%…

Airtm is aiming to solve a myriad of financial challenges in Latin America tied to last-mile remittance, affordability and equitable access to the global banking system. 3043 Total views 5 Total shares Airtm, a Mexico City-based digital wallet and exchange operator, has received $15 million in funding from the Stellar Development Foundation, or SDF, as…

HKX management advises users to withdraw assets following its decision to halt operations in Hong Kong due to regulatory compliance issues.

Through Facebook’s Move-based Ethereum virtual machines, Movement Labs aims to enhance smart contract security and transaction throughput within the Ethereum ecosystem.

Australian police bust $145 million money laundering scam, Bitget gains market share in Q3, China unblocks NFTs, and more. by Zhiyuan Sun 4 min October 26, 2023 Share Share Share Share Our weekly roundup of news from East Asia curates the industry’s most important developments. Largest money laundering scandal in Australia unravels Changjiang Currency Exchange

The Palau Stablecoin, or “Kluk,” will be minted on XRP Ledger using the Ripple CBDC Platform and will be distributed first to government employees. 331 Total views 2 Total shares The government of Palau is set to begin a pilot project for a United States dollar-backed stablecoin on July 26. The new coin will be…

As the price of Bitcoin (BTC) was retracing from the massive rally four weeks ago, no clear indications were seen on the charts of a potential reversal. Thus, the price started to accelerate downwards to the next support areas, causing the price to drop $1,000 within one day.Crypto market data. Source: Coin360However, is the bear…