The notion that BlackRock gains from cheaper Bitcoin for its ETF launch isn’t straightforward, neither is the government’s suppression of BTC price. Numerous theories emerge whenever the price of Bitcoin (BTC) takes a sudden and steep drop. The usual suspects include government regulations, the possibility of exchanges manipulating prices, Bitcoin whales manipulating prices, over-leveraged traders,…
Read more
Florida Gov. Ron DeSantis and businessman Vivek Ramaswamy will be in attendance at the political debate on Aug. 23, but not Miami Mayor Francis Suarez, despite earlier claims. Candidates for the Republican nomination for the 2024 United States presidential election who have publicly expressed their support or disdain for certain crypto-related policies will be meeting…
Read more
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________… Read More: Today in Crypto: Thailand May Banish Facebook Because of Crypto Scam Ads, Terra Freezes Website Due to Phishing Scams, Phantom Launches the ‘Sign In With Solana’ Feature Read more »Sign up…
Read more
According to a judge’s order, SBF will be allowed access to one laptop and “WiFi device” for roughly 6.5 hours while meeting with counsel in a courthouse cell block attorney room. A federal judge overseeing former FTX CEO Sam Bankman-Fried’s criminal case has issued an order allowing Sam Bankman-Fried to meet with his legal team…
Read more
The crypto advocacy group’s suggestions included a de minimis exemption for crypto transactions and having the IRS provide guidance on block rewards, airdrops and hard forks. Cryptocurrency advocacy group Coin Center has provided suggestions for United States lawmakers to consider in potential legislation related to the taxation of digital assets. In an Aug. 21 letter…
Read more
The Australian securities regulator recently revealed that the crypto lending platform Helio pleaded guilty to the allegation of falsely claiming to be a holder of the Australian Credit License (ACL). For admitting to committing the offense, Helio is said to have entered a “recognisance” of $9,560 (AUD15,000) for 12 months which is contingent on the…
Read more
The U.S. Securities and Exchange Commission (SEC) has filed a motion to certify an interlocutory appeal of two rulings in the Ripple case regarding XRP. According to the securities regulator, “Immediate appeal of these rulings is warranted … because they involve controlling questions of law.” SEC v Ripple Case Update On Friday, the U.S. Securities…
Read more
According to the United Kingdom’s Financial Conduct Authority, crypto asset firms operating in the country will be required to comply with the Financial Action Task Force’s travel rule starting on Sept. 1, 2023. Crypto asset businesses will be required to take “all reasonable steps” to ensure compliance with the travel rule. When the rule becomes…
Read more
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________… Read More: Today in Crypto: Mastercard Forms a CBDC Program with Ripple, Consensys & Fireblocks, OpenSea is Set to Disable its Operator Filter, Taiwan Proposes Business Category for Crypto Firms to Self-regulate &…
Read more
The cybercrime fighting unit within the Philippines National Police has asked residents to be wary of rewards promised by play-to-earn (P2E) games because they can be used to steal crypto assets worth millions of dollars. The unit said players can reduce the chances of losing money to scammers by doing their own research before committing…
Read more
