Industry
Twitter Secures Remittance Licenses from Three US States, Paving the Way for Financial Innovation
Twitter Payments LLC, a subsidiary of Elon Musk's Twitter social network, has reportedly obtained its first money-transmitting license after being approved by the states of Michigan, New Hampshire, and Missouri.Martha GrizzardBlackRock CEO Optimistically Declares Bitcoin as an International Asset
BlackRock CEO Larry Fink has expressed his support for cryptocurrencies as the asset manager seeks to list a spot bitcoin exchange-traded fund (ETF) in the United States.Wayne IngramCEX Crypto Volume Soars to $2.7T in June Amid SEC Lawsuit and BlackRock Bitcoin ETF Filing
According to CCData's monthly transaction report, spot and derivatives volumes on centralized exchanges (CEXs) experienced a 14.2% increase in June, reaching $2.71 trillion.Hallie Gill$160M Bitcoin Surge: Crypto Users Transfer Funds from Luna Foundation Guard Wallets
Approximately $160 million worth of bitcoin has been moved from wallets associated with the Luna Foundation Guard (LFG),Jerry McNeillHSBC Trials Quantum-Secure Financial Network: Transforming Transactions in the UK
HSBC the London-based eighth largest bank in the world, has formed a partnership with Amazon Web Services, British Telecom (BT), and ToshibaSherry CantwellBitgetX Joins HKVAC in Pursuit of HKEX License: Uniting for Future Financial Opportunities
BitgetX, a cryptocurrency exchange, has become a member of the Hong Kong Virtual Assets Alliance (HKVAC), an organization that offers rating services and indices for cryptocurrencies,James DeanSam Bankman-Fried Ends FTX Sponsorship with Taylor Swift
Contrary to previous reports, it has emerged that the sponsorship deal between defunct cryptocurrency exchange FTX and Taylor SwiftCraig GreenElon Musk Urges Urgent AI Regulation: The Future of Technology at Stake
Elon Musk, the executive chairman of Twitter, continues to advocate for increased regulation of artificial intelligence (AI)Cornell RachelMastercard Empowers Banks to Combat Fraud with Cutting-Edge AI Tool
Mastercard has introduced a new artificial intelligence (AI) tool designed to assist banks in combating payment fraud and scams in real time.Martha GrizzardExecutives Stay Optimistic Despite VC Investment Slump, Eyeing Bright Future Ahead
The second quarter of 2023 has been a challenging period for venture capital (VC) funding in the cryptocurrency industry, with significantly lower inflows compared to the previous year.Wayne IngramBinance Enhances Wallet System: Temporary Deposit Address Suspension
Binance, a major cryptocurrency exchange, has announced an upcoming upgrade to its wallet infrastructure and alerted users about an impending address migration.Hallie GillEmployee Happiness Plunges at Binance, Coinbase, and Gemini: Data Reveals
According to data from job review platform Glassdoor, cryptocurrency exchanges such as Gemini, Binance, and Coinbase have been ranked as having some of the unhappy employees in the industry.James DeanCoinbase Executive Aids Recovery of $322K Worth of Lost Cryptocurrencies
In an unexpected turn of events, one cryptocurrency investor woke up on July 5th to find themselves $322,000 richer.Barry StidhamVoyager Digital Creditors Pay $5.1M in Legal Fees Amid Bankruptcy
McDermott Will & Emery, a New York-based law firm, has filed a court claim seeking $5.1 million in damages from the creditors of bankrupt cryptocurrency brokerage Voyager DigitalCornell RachelChina Strengths Export Controls on AI Chip-Making Materials
The Chinese government has unveiled its plans to implement export controls on metals primarily used in semiconductor production for artificial intelligence (AI) systems.Martha GrizzardUK Watchdog Sets Marketing Compliance Deadline for Crypto Firms
The Financial Conduct Authority (FCA) in the UK has declared that all crypto asset firms targeting users in the country must adhere to its financial promotion regulations by October 2023.Wayne IngramPrivacy Takes a Backseat in Bitcoin's Core Feature
KuCoin Exchange is set to implement mandatory Know Your Customer (KYC) checks, and its CEO, Johnny Lyu, believes that privacy is not the most crucial aspect of Bitcoin.Hallie GillBarnBridge DAO Halts DeFi Protocols Amid SEC Investigation
The US Securities and Exchange Commission (SEC) has launched an investigation into the BarnBridge DAO,Jerry McNeillFBI Raids Kraken Co-Founder's Home in March
In a Surprising Turn of Events, The FBI Reportedly ConDucted A Raid On the Residence of Jesse Powell, CO-FOUNDER of Kraken,Sherry CantwellBinance Chief Strategist Confirms Departure Amid US Resignation Reports
Patrick Hillmann, the chief strategy officer of Binance, has confirmed his departure from the cryptocurrency exchange amidst reports of other key compliance executives resigningJames Dean
