In a published note, Lynn Song, Chief Economist for Greater China at ING, wrote that today’s policy package is expected to weaken the yuan slightly, with the USD-CNY exchange rate rising inRead More…
24Sep/24
SBF’s neurodivergence saw him ‘misinterpreted’ at trial, doctors argue
Sam Bankman-Fried’s criminal trial could have been hurt because of his neurodivergence disorders, leading to “longwinded answers” that frustrated the court, says a group of doctors in an amicus brief supporting hisRead More…
US judge slaps $36M fine on man for 5-year crypto investor fraud
A federal court judge has fined a New York resident $36 million for allegedly swindling crypto investors by promising high returns and using the funds to support his lavish lifestyle. According toRead More…
20Sep/24
Altcoins Surge Leaving Bitcoin and Ether Behind After Fed Cuts Interest Rate
Total3, an index that tracks the market capitalization of the top 125 cryptocurrencies, excluding bitcoin and ether (ETH), was trading 5.68% higher since the central bank’s announcement that it would slash theRead More…
AI agents could be policing all crypto txs within 5 years: Chainalysis CEO
Government prosecutors and taxation authorities will use artificial intelligence to scan the blockchain and “solve crime” within the next five years, according to the CEO of Chainalysis. “It’s not much further away,”Read More…
20Sep/24
Crypto Investment Firm Deus X Capital Unveils DeFi Unit Which Will Start New Yield Generating Protocol
Nadareski, who is currently an investment director at Deus X Capital, is co-founder and CEO of Solstice Labs. Tim Grant, CEO of Deus X Capital will be co-founder and chairman of theRead More…
Australia’s central bank launches 3-year program for wholesale CBDC
The Reserve Bank of Australia (RBA) says it won’t be pursuing a retail CBDC anytime soon, instead focusing its efforts on launching a wholesale CBDC. In a Sept.18 speech at the IntersektRead More…
18Sep/24
Animoca’s Timeline to Go Public Would Depend on The Market’s Status: Yat Siu
Singapore – Animoca Brands is hoping to go public soon, but the final decision on the timeline is dependent on a key component, the “market’s status, amongst other” aspects, the Web3 giant’sRead More…
Circle partners with Sony’s blockchain lab on USDC expansion
Stablecoin issuer and fintech firm Circle has entered into a collaboration with Sony Block Solutions Labs to expand USDC adoption on the firm’s layer-2 blockchain, Soneium. On Sept. 15, Circle announced theRead More…
15Sep/24
‘An Explosion of Election Gambling’ Is Nigh, CFTC Warns Appeals Court
“It’s likely that federal agencies will continue to see their authority curtailed as a result of the Lopper Bright ruling and in the absence of new, clearer legislation from Congress,” wrote AlexRead More…