Industry
Canine Creativity Unleashed: German Intelligence Presents Dog-Themed NFT to Attract Cyber Talent
Germany's foreign intelligence agency, the BND, has made an intriguing foray into the world of non-fungible tokens (NFTs) with the launch of a unique collection inspired by their guard and security dogs, aptly named the "BND Dogs" series.Seth RowdenMicroStrategy to raise $42B to buy Bitcoin in '21/21 plan'
This initiative, known as the "21/21 plan," aims to leverage the growing potential of Bitcoin to enhance the company's asset value significantly.Romero Diaz
Circle Introduces Higher USDC Cash-Out Fees Impacting Large-Scale Transactions
The revised fees now start at 0.03% per transaction and can go up to 0.1% for transactions exceeding $15 million.Romero DiazExpanding Horizons: Binance Sets Sights on United Arab Emirates as Prominent Hub for Future Operations
In the wake of regulatory crackdowns on cryptocurrency exchanges in the United States, the United Arab Emirates (UAE) is emerging as a key focus for Binance.Seth RowdenChallenging the Blockchain Status Quo: Cardano Foundation Executive Reveals the Quest for the Elusive 'Non-Existent' Blockchain
During the World Token Summit in Dubai, Mel McCann, Vice President of Engineering at the Cardano Foundation, expressed the view that debates over the ultimate blockchain should cease.Seth RowdenRobinhood's Workforce Takes a Blow: Company Announces 7% Staff Reduction in Recent Layoff Wave
According to sources within the company, online brokerage Robinhood Markets is reportedly planning to lay off approximately 150 full-time employees, which accounts for around 7% of its workforce.Herman HayesCrypto payments platform Wyre shuts down, citing bear market
San Francisco-based cryptocurrency payments firm Wyre has collapsed after nearly a decade in business, citing the financial challenges of the bear market as irrelevant to the “direction of regulators” by US hawks.Seth RowdenBattle of Accusations: Binance, Binance.US, and CZ Challenge SEC's 'Misleading' Claims Regarding Exchange Assets
Lawyers representing US-based cryptocurrency exchange Binance.US, global exchange Binance Holdings Ltd., and Binance CEO Changpeng Zhao have accused the US Securities and Exchange Commission (SEC) of making misleading statements regarding an ongoing securities litigation caseHerman HayesFederal Reserve Acknowledges Stablecoins' Monetary Significance, Calls for Strong Regulatory Oversight
Federal Reserve Chairman Jerome Powell expressed the view that stablecoins serve as a form of money and emphasized the need for robust regulatory oversight during a hearing at the House Financial Services Committee.Seth RowdenBitcoin Think Tank Dismisses 'Limited Adoption Problem' Paper as Flawed Science
A group of researchers from the Bitcoin Policy Institute, a nonprofit think tank, strongly rejected the conclusions presented in a 2022 paper that claimed Bitcoin's scaling issues would result in limited future adoption.Seth RowdenBinance.US Resolves USD Withdrawal Issues, but Issues Warning on Temporary Fix
Binance.US, the US-based cryptocurrency exchange, has informed its customers that it has resolved the issues with US dollar withdrawals by working with its banking partners.Herman HayesBitGo's Acquisition of Prime Trust Comes to a Halt: What's Next for Both Companies?
On June 22, wallet infrastructure provider BitGo announced via Twitter that it has decided to terminate its acquisition of fintech infrastructure provider Prime Trust.Herman HayesGoogle's Groundbreaking 'AI for Anti-Money Laundering' Unveiled Following HSBC Trial
Google Cloud has announced the launch of its Anti-Money Laundering Artificial Intelligence (AMLAI) service, following a trial with London-based financial services group HSBCSeth RowdenTrueUSD Provides Reassurance to Users Amidst Prime Trust Troubles
On June 22, TrueUSD took to Twitter to announce that its TUSD stablecoin had no exposure to Prime Trust, the trust company currently facing regulatory challenges.Seth RowdenNevada Regulator Imposes Withdrawal Restrictions on Prime Trust Customers
Cryptocurrency custody firm Prime Trust is facing heightened regulatory scrutiny, with Nevada business regulators declaring the company's financials to be "seriously deficient."Herman HayesFTX Sets Ambitious Goal: Seeks $700 Million Funding Boost from Bankman-Fried Associates and Affiliate Funds
FTX, the cryptocurrency exchange, has filed lawsuits in Delaware bankruptcy court against several investment firms it was previously associated with, seeking over $700 million in damages.Seth RowdenCybersecurity Firm Raises Alarm: 100,000 ChatGPT Logins Exposed on the Dark Web
According to a Singapore-Based CybeRSECURITY FIRM, Over 100,000 Login Credentials for ChatGPT, a Popular Artificial Intelligence Chatbotd By Openai,Seth RowdenCrypto Era Unleashed: Alibaba Appoints Crypto-Forward Chairman as Yong Zhang Departs
Joe Tsai, the soon-to-be former executive vice chairman of Chinese tech giant Alibaba, is set to take over as the company's chairman following the resignation of Zhang Yong.Herman Hayes
Netherlands Seeks Input on Crypto Tax Monitoring Laws to Align with EU
As the European Union tightens its crypto regulations, the Netherlands is moving to align its tax monitoring of crypto assets.Romero DiazCardano Founder Charles Hoskinson Begins Hunt for Aliens and UFOs
Cardano founder Charles Hoskinson is currently searching for a UFO — or some kind of space entity that crashed off the coast of Papua New Guinea in the Pacific Ocean.Seth Rowden
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