Crypto investment platform Fasset granted operational license in Dubai
Fasset has been granted a Virtual Asset Service Provider (VASP) license from regulators in Dubai, allowing it to perform broker-dealer services legally in the emirate.Digital asset investment platform Fa...
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Replace-by-fee (RBF), explained
Replace-by-fee (RBF) is a feature in Bitcoin that allows users to replace an unconfirmed transaction with a higher fee to expedite confirmation....
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Robinhood to roll out US stock trading in British market
Robinhood CEO Vladimir Tenev said in an interview with Bloomberg that the company is still focused on its global aspirations, and its U.K. expansion is one step toward that.In another attempt to expand ...
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DeFi could solve Africa’s foreign exchange problems, neobank CEO says
The CEO and co-founder of neobank Canza Finance claims that utilizing Baki for foreign exchange trades in Africa creates a hub for African businesses to participate in intra-African and FX trades at a reduced cost....
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Digital Canadian dollar fails to impress despite high awareness
People who were aware of CBDCs were more reluctant to adopt the technology when compared with those who didn’t know about it.A recent public consultation on Canada’s central bank digital currency (CB...
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Australia tries again to combat ‘future sectors’ crypto scams
The “Proposed Scams Code Framework” consultation paper aims to delegate clear roles and responsibilities to government and private entities when combatting scams.A consultation paper on a new ...
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Elon Musk to advertisers trying to ‘blackmail’ X — ‘Go fuck yourself’
The billionaire X owner lashed out at advertisers ditching the platform due to his controversial posts.Billionaire entrepreneur Elon Musk is making the headlines again, this time for an expletive-laden o...
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12 days of unemployment later, Sam Altman is officially back at OpenAI
Sam Altman addressed employees in a company memo on Nov. 29, marking his official return to the top leadership position at OpenAI.OpenAI co-founder Sam Altman has officially returned to office as the fir...
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Crypto exchange FTX gets nod to sell $873M of assets to repay creditors
Nearly $700 million of the $873 million trust assets allowed to be sold by FTX comes from Grayscale’s flagship product, the Grayscale Bitcoin Trust.Bankrupt crypto exchange FTX has been given the green...
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Bitcoin ETF race gets 13th entrant, BlackRock revises ETF model
Pando’s ETF bid comes as several spot Bitcoin ETF applications draw closer to a final decision deadline.Swiss asset manager Pando Asset has become an unexpected late entrant into the spot Bitcoin (...
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Brazilians may soon need to stump up taxes on crypto held abroad
The new rules would make crypto income from exchanges outside Brazil taxable at the same rate as local income.Brazilians may soon be required to pay up to 15% tax on income derived from cryptocurrencies ...
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Research the dynamics of market manipulation before you jump in Bitcoin ETFs
Bitcoin ETFs could be subject to manipulation in the spot Bitcoin market. The SEC's chief concern is figuring out how to prevent manipulation induced by ETFs.Investors are eagerly anticipating the potent...
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Over 75% of Web3 games ‘failed’ in last five years: CoinGecko
The “failed” blockchain games are those that have seen their 14-day moving average number of active users down more than 99% from its peak.More than three-quarters of all blockchain games launched in...
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Can Sony and Microsoft bring blockchain to gaming consoles?
Sony and Microsoft are angling to get into crypto gaming. Will they be able to succeed where others in the industry have failed?Sony and Microsoft, two of the biggest names in gaming, have been making si...
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Outrage that ChatGPT won’t say slurs, Q* ‘breaks encryption’, 99% fake web: AI Eye
Elon Musk claims ChatGPT has been infected with “woke mind virus”, 4chan thinks OpenAI broke all encryption, and the web seems 99% AI fakes.Outrage = ChatGPT + racial slurs In one of those storms i...
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CME Bitcoin futures show investors betting on $40K BTC price
The Bitcoin futures annualized premium jumped to 34% on Nov. 28, leading analysts to speculate about an imminent spot BTC ETF approval.The demand for institutional investors for Bitcoin (...
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Binance will end support for BUSD stablecoin in December
Many users' Binance USD balances will automatically be converted into First Digital USD starting on Dec. 31.Major cryptocurrency exchange Binance announced it will cease support for all Binance USD (BUSD...
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Here’s what happened in crypto today
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.Swiss asset manager Pando Asset,...
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Estonian court nixes extradition of accused crypto scammers to US
Ivan Turogin and Sergei Potapenko are suspected in a $575 million fraud case, but they can’t be exposed to U.S. detention conditions.Ivan Turogin and Sergei Potapenko, co-founders of Bitcoin (...
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US deputy treasury secretary calls for additional tools to sanction crypto firms
Wally Adeyemo cited a recent settlement with crypto exchange Binance and sanctions against crypto mixer Sinbad in calling for an expansion of the U.S. Treasury’s authority.Wally Adeyemo, deputy secret...
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Why is the crypto market down today?
The crypto market is down today as regulatory enforcement against the sector reaches a head and short-sellers jockey for the lead in liquidations.The crypto market is down today as a slew of regulatory e...
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Square Enix auction dates, Azuki DAO rebrands to Bean: Nifty Newsletter
Game developer Square Enix announced the auction dates for NFTs of its upcoming blockchain game Symbiogenesis.In this week’s newsletter, read about footballer Cristiano Ronaldo facing a lawsuit after p...
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Former British Chancellor’s crypto firm Copper launches tokenized securities platform
Copper plans to use its arm in the United Arab Emirates, Copper Securities, to capitalize on the demand of institutional investors.London-based crypto trading firm Copper ...
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NFT sales and pricing driven by luck, scarcity and optimism, according to studies
Several new research studies indicate that personal experiences may be the NFT market’s primary mover.A trio of studies published in November may shine some light on the social and psychological factor...
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Price analysis 11/29: BTC, ETH, BNB, XRP, SOL, ADA, DOGE, TON, LINK, AVAX
Bitcoin is struggling to sustain above $38,000, but the bulls have not given up much ground, which some analysts say increases the chance of a rally to $40,000.Bitcoin (...
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Bitcoin price fails $38.5K breakout as US GDP fuels Fed hard-landing woes
BTC price encounters classic resistance as sellers refuse to let Bitcoin crack through its November ceiling.Bitcoin (BTC) shrank back from resistance...
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BIS advises central banks to plan in advance for CBDC security
From legal issues to hackers, launching a CBDC is fraught with risks, and BIS has a big list of them to consider.Issuing a central bank digital currency (CBDC) requires adequate attention to security, th...
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Paxos receives in-principle approval to issue stablecoins in Abu Dhabi
The approval followed a similar move by regulators in Singapore, where Paxos said its local entity would launch a U.S. dollar-backed stablecoin.Crypto firm Paxos has secured in-principle approval from Ab...
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Crypto Stories: Charlie Shrem tells how he became a Bitcoin millionaire
Shrem made a fortune off his Bitcoin payment service, BitInstant, but then went to prison for alleged money laundering.Charlie Shrem went from running a small online business to becoming a Bitcoin (...
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US Treasury sanctions crypto mixer Sinbad, alleging North Korea ties
The government department has previously imposed sanctions on crypto mixers Blender and Tornado Cash despite many in the space pushing back on actions against software tools.The United States Treasury De...
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