Speaking at the Futures Industry Association Expo 2023 on Oct. 2, U.S. Commodity Futures Trading Commission (CFTC) Chair Rostin Behnam reiterated his stance on the urgency of implementing a substantial regulatory framework in the burgeoning cryptocurrency market. Behnam’s comments are among the firmest to date in a series of calls for greater attention to updating […]
Is presale sensation Memeinator the meme cryptocurrency to never miss in 2023?
Memeinator aims to destroy weak meme cryptocurrencies using AI-enabled marketing. The presale has unlocked demand, with $528,000 raised to stage 3. The token’s price can rise by strong margins due to unique project features and AI use. Memeinator (MMTR) may be just five days old in presale, but the frenzy around it is huge. The […]
Author Michael Lewis Stresses Role of ‘Effective Altruism’ in Sam Bankman-Fried’s Rise and Fall
Before it even hits the shelves Tuesday, Michael Lewis’s new book about Sam Bankman-Fried and FTX, Going Infinite: The Rise and Fall of a New Tycoon, has spurred vigorous discussion over what could have driven Bankman-Fried to act as he did. Set to appear in bookstores the same day that Bankman-Fried’s trial gets underway, the […]
Banking Giant UBS Launches Tokenized Money Market Fund Pilot on Ethereum (ETH)
Swiss multinational investment bank and financial services company UBS is launching a “tokenized money market fund” pilot program on Ethereum (ETH). In a new blog post, UBS Asset Management announces what it calls the “first blockchain-native tokenized VCC fund pilot” in Singapore. Says Thomas Kaegi, Head of UBS Asset Management, Singapore & Southeast Asia, “This […]
SBF Offered Trump $5 Billion Not To Run for President
Michael Lewis’s new book reveals ex-FTX CEO Sam Bankman-Fried (SBF) considered offering Trump $5B to forgo a presidential run. lol what?? SBF was trying to pay Trump $5 billion not to run again. pic.twitter.com/ffbmfI3R9F — Brad Michelson (@BradMichelson) October 2, 2023 In a recent revelation, Michael Lewis’s latest book exposes a previously unknown episode involving […]
Vitalik Buterin Highlights Centralization Concerns On Staking Pools
Ethereum’s Vitalik Buterin highlights centralization risks in major staking pools Lido and Rocket Pool, suggesting solutions for enhanced decentralization. Should Ethereum be okay with enshrining more things in the protocol?https://t.co/7F7yOLBoUr — vitalik.eth (@VitalikButerin) September 30, 2023 In recent news, Vitalik Buterin, the co-founder of Ethereum, has drawn attention to potential centralization issues lurking within prominent […]
Coinbase Secures Singapore License
Coinbase acquired MPI license of Singapore, enabling expanded crypto services and collaborations in the region. Beyond excited to announce that Coinbase Singapore has received an MPI license from MAS! As Singapore Blockchain Week highlighted, the energy and excitement of as a web3 hub is unmistakable. Excited to double down in this market and provide trusted […]
“Uptober” Arrives: Bitcoin & Ethereum Surge
“Uptober” began with a sudden price surge in Bitcoin and Ethereum, triggering massive short position liquidations. Happy Uptober to those who celebrate. Remember 2021? pic.twitter.com/qgHy1ThGOf — The Wolf Of All Streets (@scottmelker) October 2, 2023 October has kicked off with a bang for cryptocurrency enthusiasts. In a surprising move on Oct. 1, Bitcoin’s price shot […]
UBS Launches First Tokenized Fund on Ethereum
UBS Asset Management pilots tokenized money market fund, exploring tokenizing real-world assets on Ethereum.
Class-action suit filed against Binance for alleged harm to FTX before its collapse
A class-action suit was filed against Binance.US and Binance CEO Changpeng Zhao on Oct. 2 in the District Court of Northern California alleging various violations of federal and California law on unfair competition for attempting to monopolize the cryptocurrency market by harming its competitor FTX. The suit was brought by Nir Lahav, who is identified […]