UK Excluding Unbacked Cryptos from Digital Securities Sandbox Initiative
Michael ScottThe UK government ruled out plans to amend the legislative framework to accommodate derivatives and unbacked cryptos like Bitcoin.The UK…
Bitcoin (BTC)
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Vanguard Group Holding $597 Million Stock in Bitcoin Mining Firms
The Vanguard Group illustrates continuing with the rapid stock acquisition in Bitcoin miners. The asset manager with an estimated portfolio…
Bitcoin (BTC)
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CBDC (Central Bank Digital Currency)
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Brazil’s CBDC Pilot Features Code Allowing Freezing and Balance Reduction
Blockchain developer involved in reverse-engineering the pilot central bank digital currency (CBDC) reveals code the central authority could use to…
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Terra (LUNA)
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MiCA’s Stablecoin Transaction Cap to Hinder Crypto Adoption
Legal experts are critical of the €200 million daily cap that Markets in Crypto Assets (MiCA) legislation imposes on the…
ZachXBT’s Research Findings Feature in Canadian NFT Case Against Bonehaeads Rug Pull
Court documents reveal that the Boneheads team are accused of hoodwinking investors, misusing funds, and breaching contract. ZachXBT is an…
Decentralized Twitter Competitor Bluesky Nets $8M in Seed Round
Bluesky has announced the conclusion of seed round that raised $8 million. The proceeds from the fundraiser will facilitate Bluesky…
United States Military Leverage AI in Issuing Orders and Controlling State Secrets
Questions have been asked concerning the likelihood of artificial intelligence making battlefield decisions. According to a United States Air Force…
OpenAI Terminates Web Browsing Feature in ChatGPT, Citing Abuse
OpenAI decries the continued abuse of web-browsing features, forcing it to turn off. The artificial intelligence firm led by Sam…
Crypto Analysts Share Divided Opinions Concerning Bitcoin’s Bull Run
Answers concerning the duration that Bitcoin will rally are difficult. However, investors and crypto analysts are portraying different ideas. Bitcoin…
Thailand embraces Singapore’s Move to Ban Crypto Exchanges from Lending services
Thailand is the latest country to replicate the bold move by Singapore authorities to prohibit crypto exchanges from lending services.…
CME Group Awaits Regulatory Approval for Ethereum-to-Bitcoin Ratio Futures
The global leading derivatives exchange is expanding its digital assets offering by adding Ethereum/Bitcoin (ETH/BTC) futures. The Chicago Mercantile Exchange…
UK Reform Bill Gets Royal Assent, Crypto Trading Considered Regulated Financial Activity
The UK government press release on Thursday, June 30, reveals approval of reforms to the Financial Services and Markets Bill…
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Coinbase Petitions for SEC Suit Dismissal Alleging Aggravated Process Abuse
Coinbase filed a motion seeking court to dismiss the lawsuit filed by the US Securities and Exchange Commission (SEC). Coinbase,…
Altcoins
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Celsius Network Granted Motion to Convert Altcoins into ETH or BTC
The insolvencies will benefit creditors in the near future by creating a path for fund distribution. Celsius Network, a bankrupt…