Stablecoins account for 90% of crypto use in Brazil — Central bank chief
Galipolo also highlighted the regulatory and oversight challenges presented by the widespread use of stablecoins in payments.
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Crypto exchange Kraken faces probe over possible securities violations: Report
The probe is reportedly looking at certain offerings that Kraken has made to its US customers that could be in breach of securities laws. 113 Total views 1 Total shares Own this piece of history Collect this article as an NFTCryptocurrency exchange Kraken is reportedly being probed by the United States Securities and Exchange Commission…

OmiseGO’s Parent Company SYNQA Raised $80 Million in Series C
According to Thailand-based company SYNQA, the firm will use the $80M investment to ‘deepen its footprint’ in cashless societies in Asia. 438 Total views 28 Total shares SYNQA, the parent company of OmiseGo formerly known as Omise Holdings, raised $80 million in a fundraising round for new cashless payment ventures.In a June 22 announcement, Thailand-based…

Clarity pushed back: Russian government fails to forge a consolidated stance on crypto regulation
On Feb. 18, the Russian Ministry of Finance kicked off public consultations on the rules of cryptocurrency issuance and transactions. While a welcome development, it is less than the country’s crypto space had expected to get. Earlier in the week, the government announced that by Feb. 18, a bill containing the finance ministry and central…

Wimbledon 2023 to feature AI-generated highlights commentary
The AI-generated tools include player analysis, personalized highlights and a new draw analysis feature for the single's path to the final. 105 Total views 1 Total shares In an effort to enhance fan engagement, this year's Wimbledon tennis tournament will incorporate artificial intelligence (AI)-powered commentary and player analysis, enabling fans to connect with the championship…

Ethena assures users of solvency after Bybit hack
According to Ethena Labs, the USDe stablecoin’s exposure to Bybit via derivatives is more than offset by its reserve fund.

Meet the judges that will preside over Coinbase and Binance’s SEC lawsuits
Court filings have revealed the names of the two United States District Court Judges that will preside over the Coinbase and Binance lawsuits brought against them by the U.S. Securities and Exchange Commission.The case of SEC v Coinbase will be heard by District Court Judge Jennifer H. Rearden in the Southern District of New York,…

Coinbase Issues Statement Clarifying It Doesn’t Engage in Proprietary Trading
Major U.S. crypto wallet provider and exchange service Coinbase has refuted “inaccurate” media reports that the platform engages in proprietary trading, in an official statement published Thursday, September 20.According to Coinbase, media coverage has “inaccurately characterized” the results of the New York Virtual Markets Integrity Report, to which Coinbase had voluntarily contributed information about its…

Price analysis 8/11: BTC, ETH, BNB, ADA, XRP, DOGE, DOT, UNI, LINK, SOL
Bitcoin’s (BTC) strong recovery and march toward the psychological level at $50,000 has improved the overall sentiment in the crypto sector. That has boosted the total crypto market capitalization to over $1.9 trillion.Data from Glassnode shows a sharp increase in the dominance of Bitcoin transactions exceeding $1 million in the past few months. The on-chain…