Approval of Bybit license to Facilitate Crypto Adoption in Cyprus
Michael ScottBybit secured operating approval to strengthen the crypto ecosystem of Cyprus following the sudden exit of Binance. Binance had announced…
FTX Ex-Compliance Chief Sued for ‘Hush Money’ Payments
In a civil lawsuit filed on Thursday, Daniel Friedberg, a former compliance officer, was sued by FTX. The charges revealed…
Generative AI Typeface Nets $100M in Series B Round to Realize $1B Valuation
The Typeface is a platform that provides generative information for the organization. Recently, it acquired its ‘unicorn’ valuation by generating…
CoinShares Executive Observes Rising Crypto Adoption Among Financial Institutions
CoinShares recent report demonstrates that eight top-ranked financial institutions managing a combined assets value of $27 trillion are embracing cryptocurrencies.…
TRM Labs Reports Significant Decline in Bitcoin Involvement in Illicit Crypto Activity
A recent risk management firm TRM Labs survey shows that fiat channels are preferred for criminal financing. The research shows…
Tether Partners with Georgia to Develop Bitcoin P2P Infrastructure
The issuer of the leading stablecoin USDT by market capitalization announced signing a memorandum of understanding (MoU) to collaborate with…
Circle’s CEO Confident of SEC Approving Bitcoin Spot ETF
Circle's chief executive Jeremy Allaire waded into the efforts undertaken to secure approval from the US Securities and Exchange Commission…
Riot Platforms Boosts Hashrate Capacity with $162M Acquisition of Mining Rigs
Riot Platforms is expanding its mining equipment fleet with the acquisition of 33280 mining rigs from MicroBT as it eyes…
Australia Draft Bill Proposes Hefty Fines for Misinformation
The Australian government proposes a hawkish bill to arrest misinformation perpetrated using social media channels. The proposed legislation threatens to…
Fed Chair Powell Labels Bitcoin as Asset Class, Citing’ Staying Power
The Federal Reserve chair Jerome Powell affirmed that payment stablecoins are money forms though emphasized that the central bank is…
IMF Retracts on Bitcoin Bans, Considers Them Ineffective
The International Monetary Fund (IMF) is disassociating from the initial stance advocating for countries to consider imposing crypto bans. The…
Mercedes-Benz Integrates ChatGPT to Reinforce Voice Commands
The luxury German auto manufacturer is integrating the Microsoft-backed ChatGPT chatbot into its units. The automobile maker targets OpenAI's chatbot…
Binance Exiting Netherlands Following Unsuccessful Attempt for VASP License
Binance suffered a major blow in its quest for an expanded European footprint. The largest crypto exchange by transaction volume…
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Crypto Lending Protocol Delio Suspends Withdrawals, Cites Market Volatility
South Korean saving and lending protocol Delio announced the temporary suspension of withdrawals. Delio's announcement comes days after rival platform…