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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‘Old money has all but fled,’ Huobi co-founder discusses challenges of running $400M VC fund
Jun launched the fund amidst the bear market this year and continues to invest in Web 3.0 companies. 2551 Total views 7 Total shares Own this piece of crypto history Collect this article as NFTIn a new Twitter post dated Dec. 12, Du Jun, co-founder of cryptocurrency exchange Huobi Global, shared new insight on his…
Kronos Research hacker shifts funds to Tornado Cash
Kronos Research was exploited for $25 million in November 2023, with one of the six wallets linked to the hacker moving funds to Tornado Cash on May 7.
Blockchain dev Sphere introduces bank-to-wallet Telegram extension
Sphere Labs, a blockchain developer focused on bringing stablecoins as a service to businesses, has announced a new bank-to-wallet Telegram extension.
Iceland’s Industry to Shift From Crypto Mining to ‘Pure Blockchain Business,’ Insiders Say
Iceland’s crypto industry is expected to move away from crypto mining and shift to “pure blockchain businesses.” This is according to forecasts made by a number of local industry insiders who talked to the news site Red Herring September 23.Halldór Jörgensson, chairman of Reykjavik-based Borealis Data Center, told Red Herring that demand from local crypto…
Tether, Bitfinex agree to drop opposition to FOIL request
Tether and Bitfinex say the decision not to appeal the Freedom of Information Law request by several media outlets was made in the interests of transparency. 304 Total views 3 Total shares Tether and Bitfinex have jointly agreed to drop initial opposition to a Freedom of Information Law (FOIL) request lodged in New York by
Ukrainian Financial Stability Council Supports Regulatory Concept for Cryptocurrencies
The Financial Stability Council of Ukraine has supported a concept for crypto regulations, Timur Khromaev, head of the National Securities and Stock Market Commission (SSMCS) reported in a Facebook post July 20. According to Khromaev, the concept involves recognizing cryptocurrencies and tokens as financial instruments, establishes the roles and functions of governmental bodies in regulating…
Crypto in the well and snake villain star in FCA’s pixelated animation
The United Kingdom’s financial regulator has published a pixelated, video game-styled Wild West cartoon to enlighten investors. The United Kingdom’s financial regulator, the Financial Conduct Authority (FCA), has vigorously promoted its marketing rules for crypto firms since they were published in June. It's now found a way to bring them to life, in the form
Coinbase reminds world it tried to ‘embrace regulation’ as SEC sues for violations
Coinbase met with the SEC 30 times in 2022 seeking regulatory guidance and now it will “vigorously defend” itself, it says. 445 Total views 1 Total shares “Coinbase has embraced regulation since we were founded over a decade ago,” the cryptocurrency exchange’s chief legal officer, Paul Grewal, told the United States Congress on June 6. “The…