The U.S. is urging Nigeria to release Tigran Gambaryan, a jailed Binance employee, due to humanitarian concerns. This has become a major point of tension in U.S.-Nigeria relations. U.S. officials say Gambaryan’s health issues warrant his release, while his family claims he’s denied proper medical care. Nigeria denies these claims and insists the courts will […]
Moonpay has successfully registered with the Australian Transaction Reports and Analysis Centre (AUSTRAC) to provide digital currency exchange services in Australia. This registration will enable Moonpay to establish local payment processing relationships and offer Australian users alternative payment methods such as Osko and Pay ID. As a registered entity, Moonpay will comply with Australia’s AML/CTF […]
Bitcoin price on Sept. 13 (CoinDesk)
Hamster Kombat, one of the world’s most successful Web3 games, has announced that Binance will list its HMSTR token and will include the project as the 58th initiative part of its Launchpool structure. Hamster Kombat’s team also stated that HMSTR would have a total supply of 100 billion tokens instead of the already announced 10 […]
<div>Markets are rallying as might be expected on a new rate cut cycle, but crypto continues to struggle.</div>
Bandar Alkhorayef, Saudi Minister of Industry and Mineral Resources, stated that while the petroyuan – the use of the Chinese currency to settle oil shipments – was not “substantial to the ministry,” the country was open to new ideas, trying not to mix politics and commerce. This hints at the yuan’s adoption for this purpose. […]
<div>Tether hired a government-affairs veteran from PayPal and Chainalysis, Jesse Spiro, to head its own shop as the issuer of the leading {{USDT}} stablecoin has long been under a cloud of reported U.S. investigations.</div>
Although both bitcoin and ethereum have been cruising at lower prices compared to earlier this year, there’s been a silver lining: transaction fees on these leading blockchains have significantly decreased. With costs now sitting at notable lows, it could be the perfect moment to fine-tune transaction expenses for certain activities or even gather unspent transaction […]
<div>A recent token heist at Compound DAO revealed the weakness of current DAO governance voting. There is a better way, say Andrés Fábrega, Jay Yu, Amy Zhao, and Ari Juels.</div>
Hong Kong’s Securities and Futures Commission (SFC) is actively seeking input from industry participants on proposed new licensing regulations for over-the-counter (OTC) cryptocurrency services. The initiative aims to establish a comprehensive framework that mandates licensing and adherence to anti-money laundering (AML) and counter-terrorist financing regulations. This move, which includes joint supervision by the SFC and […]
<div>The product will allow users to access up to 30% of blocked assets in a liquidity pool.</div>
It’s a golden era for Ethereum layer 2s. On-chain activity is exploding, and new innovations are releasing daily. Not least is the meme coin-focused Ethereum layer 2 Pepe Unchained ($PEPU), which has just cleared the $13 million total raised milestone at presale. This comes as Coinbase announced its new brainchild, cbBTC, a wrapped version of […]
<div>Polygon introduced last week the upgraded version the network's token, POL, migrating from its longstanding token MATIC with some tokenomics changes.</div>
Indian cryptocurrency exchange Wazirx has warned users that they may have to wait until the dispute with Binance is resolved if the moratorium, filed in Singapore, is not granted. Wazirx explained that Zettai holds the cryptocurrency tokens under protest. “If Binance is deemed the owner, it becomes liable for users’ account balances. If Zettai is […]
<div>If it turns out that the judge's ruling preempts the CFTC’s proposed rulemaking, election event contracts may now be completely legal.</div>
Ethereum (ETH) has recently struggled in comparison to its peers, according to a report by Coinbase Institutional. The analysis suggests that market dynamics, network activity, and inflationary factors are influencing the cryptocurrency’s current performance. Coinbase Institutional: Ethereum Lags Behind Crypto Peers In its September 2024 outlook, Coinbase researchers pointed out that the cryptocurrency market is […]
<div>The CoinDesk 20 inched lower, despite 10.6% gains by Polygon.</div>
<div>A decent jobs report last week and speedier than expected inflation data this week had most assuming the U.S central bank would initially proceed cautiously as it begins a monetary easing cycle.</div>
Microstrategy has acquired 18,300 additional bitcoins for $1.11 billion, funded through stock sales. As of Sept. 12, the company holds 244,800 BTC, purchased at a total cost of $9.45 billion. Executive chairman Michael Saylor announced a BTC yield of 17.0% year-to-date. This acquisition was made through a prior sales agreement enabling stock sales to fund […]
<div>The firm now holds over 244,800 bitcoin, founder Michael Saylor said in an X post.</div>