Labour victory in UK elections renews crypto industry optimism
The Labour Party has promised to make the UK “a global leader in tokenization.”
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Jump Trading sells another $29M Ether with $63M left to go. Is the bottom near?
The Ether bottom could be in, as market makers like Jump Trading are running out of ETH to sell.

Grayscale and Osprey end 2-year legal fight over Bitcoin ETF promotion
A filing in the Connecticut Appellate Court shows that the two parties must finish documenting the settlement and carry out the terms before withdrawing Osprey’s appeal. Asset managers Osprey Funds and Grayscale Investments agreed to settle a lawsuit over alleged violations of Connecticut law in the advertising and promotion of Grayscale’s Bitcoin exchange-traded fund (ETF).

Wall Street’s EDX crypto exchange hits $36B trading volume in 2024
According to EDX Markets, its average daily volume rose by 59% over the third quarter of 2024.

Why banking uses at least 56 times more energy than Bitcoin
“Bitcoin uses 0.05% of world energy consumption. Banking uses 56 times more energy than Bitcoin,” Michel Khazzaka, a cybersecurity engineer and cryptographer, told Cointelegraph. 425 Total views 23 Total shares The next time Bitcoin (BTC) comes under fire for energy consumption, remember this statistic. The banking industry uses at least 56 times more energy. That's…

Binance to Launch Crypto Exchange Supporting KRW-Backed Stablecoin
Crypto exchange Binance is preparing to enter the Korean market for the first time.According to a company blog post on March 31, the Malta-based exchange will soon open Binance KR for trading. The crypto-to-crypto exchange is so named for South Korean traders. Binance KR will be launched on Binance Cloud and offer the “market’s deepest spot…

Crypto Twitter shares security concerns regarding Meta’s recent NFT integration news
Meta recently announced its latest NFT feature will allow users to connect their digital wallets to Instagram and Facebook. 168 Total views 29 Total shares On Aug 29, Facebook and Instagram’s parent company Meta announced that its users will now be able to post digital collectibles and Non-Fungible Tokens, or NFTs, across both platforms by…

Swiss Regulator Releases AML, KYC Guidance for Blockchain Payments
Switzerland’s Financial Market Supervisory Authority (FINMA) has released guidance on regulatory requirements for payments on the blockchain under FINMA supervision.The new guidance for virtual asset service providers, published on Aug. 26, applies to blockchain service providers including exchanges, wallet providers and trading platforms.In its preface to the guidance, FINMA notes its adherence to the framework…

Cryptocurrencies copying Bitcoin not really making the cut, experts say
Pierre Rochard said that Bitcoin is the best digital money network and everything else is worse. 503 Total views 24 Total shares Cointelegraph's Joseph Hall interviewed Bitcoin (BTC) advocates Pierre Rochard and Morgen Rochard, the hosts of the Bitcoin for Advisors podcast at the Surfin’ Bitcoin 2022 event held in France. The group talked about…