Memecoins are a ‘cornerstone’ of crypto: Galaxy’s Novogratz
Galaxy Digital CEO Michael Novogratz has hailed memecoins as the “most powerful narratives out there” but others in the crypto industry are not so confident.
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Court denies Kraken’s motion to dismiss SEC lawsuit
The SEC alleges Kraken is operating an unregistered securities exchange.

Romania Is on the Way to Blockchain and Crypto Regulation
The European Union and the European Central Bank wanted to create a unitary legal framework that would limit the anonymity of cryptocurrency transactions, especially in the spectrum of money laundering, terrorist financing and tax evasion. The simplest method of control and probably the only one possible in the case of digital currency transactions is by…

Dwight, not Wright: ‘I am Satoshi Nakamoto,’ says beet farming #BitcoinTuesday star
Question: what kind of crypto is best? False — Bitcoin. 1464 Total views 9 Total shares The search for Satoshi Nakamoto may be nearing its end as Rainn Wilson, best known as Dwight Schrute from the U.S. version of the TV series The Office, has stepped up to the role as part of Bitcoin Tuesday.In…

Institutional crypto custody: How banks are housing digital assets
Until 2020, most of the crypto market action was largely driven by retail enthusiasm. It was only around August 2020 that institutions started to participate meaningfully in this asset class. As the United States Federal Reserve unleashed trillions of dollars of liquidity into the market during the COVID-19 pandemic, retail and institutional investors jumped onto…

USD Is the Most Actively Traded Fiat Against Cryptocurrencies, Study Says
Management and technology consulting firm GreySpark has found that U.S. dollars are the most actively traded fiat currency against cryptocurrencies in a new study published September 4.The study focuses on the recent popularity of cryptocurrencies that went viral in late 2017, when Bitcoin’s (BTC) price peaked at $20,000.GreySpark experts found that crypto prices correlated with…

WEMIX token plunges 70% after it’s delisted by Korean exchanges
DAXA claimed that the circulating number of WEMIX exceeds what has been disclosed by Wemix, much to the chagrin of the issuers. 255 Total views 8 Total shares South Korea’s largest crypto exchanges have announced they will delist WEMIX (WEMIX) — the native token of gaming company Wemade’s blockchain platform Wemix — alleging the firm…

Blythe Masters: ‘Hundreds’ of Blockchain Benefits Will Hit Commodity Supply Chains
Former JPMorgan executive Blythe Masters predicts “tens if not hundreds” of blockchain projects will soon increase the efficiency of commodity markets, Bloomberg reports Tuesday, Oct. 9.Masters, who since leaving the investment banking giant has become CEO of her own software outfit Digital Asset Holdings, said commodity supply chains would greatly benefit from the advent of…

SEC boss says DeFi platforms are ‘highly centralized’ and will need to register
SEC chairman Gary Gensler stated that many DeFi projects are “highly” centralized in certain aspects, as they are developed by a “core group of folks” who are incentivized to promote their platforms. 121 Total views 40 Total shares Gary Gensler, chairman of the U.S. Securities and Exchange Commission stated that DeFi is highly centralized in…