The Hong Kong Securities and Futures Commission (SFC) has issued a stern warning against the use of the crypto exchange known as JPEX. The commission has accused the platform of exhibiting “suspicious features” and promoting misleading information about its licensing status. The SFC has also denied that JPEX is regulated. SFC Issues Warning Against JPEX […]
Vitalik Buterin’s Concerns Over Hong Kong’s Crypto Position Explained
Ethereum founder Vitalik Buterin expressed reservations about Hong Kong’s recent warming towards crypto. He voiced his concerns at the Web3 Transitions Summit in Singapore on Thursday. As Hong Kong boldly positions itself as a potential crypto hub by adopting a new regulatory framework, skepticism grows among top industry leaders. Buterin Doubts Hong Kong’s Crypto Stance […]
Oil prices have surged 55% during Jerome Powell’s tenure as Fed Chair
Quick Take WTI Crude oil is currently hovering around the $90 a barrel mark, with Brent crude oil reaching as high as $93 a barrel. This escalation, if sustained, is likely to exert additional inflationary pressure on global central banks. Under the stewardship of Jerome Powell, the Federal Reserve has witnessed a 55% surge in […]
Binance.US Plagued By Staff Exodus: Legal And Risk Executives Abandon Ship
In recent developments, Binance.US, the American affiliate of cryptocurrency giant Binance, is engulfed in a storm of legal challenges and a wave of executive departures. Binance.US Rocked By Legal Woes And Executive Exodus As regulatory scrutiny intensifies, key risk and legal executives have chosen to part ways with the company, adding to the growing list […]
Crypto market outflows reached $55B in August as liquidity dwindled — Bitfinex
Crypto’s liquidity crunch could allow event-based volatility to have a greater impact on prices, according to a recent analysis from Bitfinex.
R3 downsizing, lays off 20% of staff citing economic challenges
R3, a New York-based blockchain enterprise, slashes its workforce by over 20% in a strategic move to conserve resources
The Inanity of the SEC ‘Stoner Cat’ Action
Mila Kunis on Launching New Animated NFT Show ‘Stoner Cats’ On Wednesday, the U.S. Securities and Exchange Commission (SEC) told the creators of the NFT-powered, animated web series “Stoner Cats” it’s going to have to cough up a $1 million fine, and kill the cartoon kitties left in its possession. And today, Stoner Cat NFTs […]
CEO: Bybit might halt operations in the UK from October
Amid tightening regulations from the UK’s FCA, Bybit might halt operations from Oct. 8
Judge Faruqui Issues Minute Order Supporting SEC’s Motion to Compel Against Binance.US
Magistrate Judge Faruqui schedules a key hearing on September 18 in the legal dispute between the SEC and Binance, Binance.US, and their CEO “CZ.” Binance and Binance.US jointly seek a protective order to safeguard sensitive information in the lawsuit In a significant development, Magistrate Judge Zia M. Faruqui has scheduled a crucial hearing date in […]
LaLiga NFT Fantasy Soccer Games Coming to North America
Spanish soccer league LaLiga has tapped gaming startup GameOn to develop fantasy games built around NFTs for the U.S. and Canada.