Mercado Libre launches USD-pegged Meli Dollar stablecoin in Brazil
The new stablecoin will provide Mercado Libre customers a new option for managing their finances in Brazil’s volatile economy.
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Arkham launches crypto perpetuals exchange
Analysts expect crypto products to proliferate after Republican presidential candidate Donald Trump's Nov. 5 US election win.

‘Operation Cryptosweep’ Results in 200 Crypto-Related Investigations
The North American Securities Administrators Association (NASAA) announced today, August 28, that its ongoing initiative “Operation Cryptosweep” has resulted in over 200 investigations of Initial Coin Offerings (ICOs) and crypto-related investment products. State and provincial securities regulators in the U.S. and Canada launched probes into potentially fraudulent crypto investment programs as part of the NASAA’s…

Grayscale announces plans for Bitcoin ETF spinoff
Current GBTC shareholders will receive shares in Grayscale’s new Bitcoin ETF in proportion to what they currently hold in GBTC.

You Can Now Trade Litecoin on the Ethereum Blockchain With Kyber
pTokens has now listed Ethereum-compatible pLTC tokens on the Kyber Network. The Kyber Network, a decentralized, on-chain cryptocurrency exchange, has just listed the Ethereum-compatible pLTC token — a new cross-chain token developed by pTokens project.Announcing the news to Cointelegraph on Aug. 3, Kyber Network said that pLTC tokens will be accessible through KyberSwap and other…

SBF seeks to probe FTX lawyers’ roles in $200M Alameda loans
Sam Bankman-Fried’s legal team is seeking permission to cross-examine Gary Wang over FTX lawyers' involvement in Alameda loan approvals. 130 Total views 3 Total shares Sam Bankman-Fried’s legal team is looking for permission to probe the alleged involvement of FTX lawyers in the issuance of $200 million worth of loans from Alameda that were approved

CeFi and DeFi will finally meet in 2021 — Let’s hope they hit it off
The decentralized finance industry undoubtedly has vast potential — the value locked in it has exploded, surpassing $14 billion this month. Though there is speculation over whether decentralized finance is yet another bubble, I believe it is here to stay. How it stays, however, is another matter that depends on how DeFi handles ongoing hacks…

RBI seemingly wants to ban cryptocurrencies, but not for the reasons you might think
It appears the root cause of concern is the potential for digital assets to disrupt the rise of India as a global power. 190 Total views 3 Total shares On Thursday, the Reserve Bank of India, or RBI, the country's central bank, published a critical bulletin regarding the cryptocurrency industry. While the report praised the…

Jack Dorsey’s Block joins $41M funding for Japanese fintech Kyash
This latest raise brings Kyash's valuation to approximately $107.7 million. 417 Total views 31 Total shares Kyash, a Tokyo-based digital wallet, announced a $41.2 million, or 4.9 billion yen, raise in a Series D round. Since launching in 2015, the cashless mobile app and corresponding credit card have grown its total funding to an estimated…