Here’s what happened in crypto today
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.
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Geopolitical tensions, US elections favor Bitcoin ‘debasement trade’: JPMorgan
If Donald Trump wins the United States presidential elections in November, the trend could accelerate, according to the report.
BitMEX Taunts Plaintiff: ‘Incorporated in Seychelles, Come at Me Bro’
The plaintiff in a lawsuit accusing BitMEX of market manipulation and operating without a license in the U.S. believes that Twilio possesses thousands of incriminating email records that prove their case.The Bitcoin Manipulation Abatement LLC (BMA) has asked the court to preserve all BitMEX-related email data held by the U.S. cloud communications platform, Twilio. BMA…
Belarus Seeks South Korean Investors Interested in Blockchain and Fintech
Belarusian diplomats are seeking South Korean investors for the country's growing blockchain and fintech industry, Korea JoongAng Daily reported September 6.During a visit to Seoul on Tuesday, the deputy foreign minister of Belarus Andrei Dapkiunas reportedly stated that Belarus endeavors to establish relations with Korean investors interested in “fourth industrial revolution” technologies, including blockchain and…
BNY nears crypto custody for ETFs after SEC softens SAB 121 stance
Bank of New York Mellon will not be held to SEC accounting practices for client crypto custody after a review.
Litecoin, Dogecoin and large-cap altcoins rally as Bitcoin price hits $23.8K
Litecoin (LTC) and Dogecoin (DOGE) are rallying strongly as Bitcoin (BTC) fights to stay above $23,800. Many analysts say the surge in large-cap altcoins is directly connected to Bitcoin's price action and historical data shows the two tend to move in tandem when BTC goes through bull and bear cycles. As altcoins begin to show signs…
Grayscale CEO Michael Sonnenshein steps down
The CEO will be replaced by Goldman Sachs executive Peter Mintzberg effective Aug. 15.
Paxos’ DLT Settlement Platform Is Live With Credit Suisse and Instinet
Paxos, a New York-regulated financial firm and the issuer of a USD-pegged stablecoin, has launched its blockchain-based settlement platform.After announcing Paxos Settlement Service in late 2019, Paxos Trust Company has launched the product to settle select United States-listed equity trades between the two broker-dealers, Swiss financial services firm Credit Suisse and Nomura Group-owned Instinet, according…
Could a financial crisis end crypto’s bull run?
Blockchain technology doesn’t exist in a vacuum, and the outside world has become a less secure place. Could crypto survive a TradFi collapse?