The Bank of England’s (BOE) position on stablecoins is evolving to a more friendly stance, but according to the bank’s deputy governor, constructive dialogue with the industry is still lacking. The UK’s central bank launched […]
The US Treasury has sanctioned six people and two entities for their alleged roles in an IT worker fraud scheme orchestrated by North Korea, which frequently targets the crypto industry. The Office of Foreign Assets Control […]
OP Labs, the development company behind the Ethereum layer 2 network Optimism, has let go of 20 employees as part of an organizational restructuring aimed at narrowing its strategic priorities and streamlining decision-making processes. “This […]
Bloomberg reported Thursday that US prosecutors urged a federal judge to reject Sam Bankman-Fried’s request for a new criminal trial, arguing that the former FTX chief failed to meet the legal standard for a retrial. […]
Stani Kulechov, the founder of decentralized lending platform Aave, says decentralized autonomous organizations (DAOs) need a rethink, namely, how much tokenholders vote on as opposed to input from leaders. His comments came in the wake […]
Crypto-backed political action committee Fairshake reported additional spending in Illinois congressional races with the US midterm elections less than eight months away. In filings on Sunday with the Federal Election Commission, Fairshake reported a $16,000 […]
Prediction market platforms Kalshi and Polymarket are exploring fundraising rounds that could value each company near $20 billion, according to a Wall Street Journal report. Both companies have recently held early discussions with potential investors […]
US banks are the ones most in need of crypto regulatory clarity, according to Chris Giancarlo, former chairman of the US Commodity Futures Trading Commission, who argues that they risk falling behind the rest of […]
Former Binance CEO Changpeng “CZ” Zhao said centralized crypto exchanges have “zero motive” to assist terrorists after a US court dismissed a lawsuit accusing the exchange of facilitating terrorist financing. In a post on X, […]
Bitcoin and the leading cryptocurrencies staged a recovery this week following initial shockwaves from the outbreak of the US-Israel conflict with Iran. Bitcoin (BTC) initially fell to $63,245 on Sunday, before briefly recovering to $73,000 […]
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