Category: Crypto Currencies News

Changpeng Zhao steps down as Binance.US chair

The former Binance CEO faces one felony count in the United States as part of a settlement with local officials and regulators.

Canaan secures new financing as revenue falls 55% in Q3

Despite a downturn in its bottom line, the company has secured a deal with an institutional investor to potentially raise $125 million in capital.

More foreign banks join China’s CBDC pilot trials

A total of four foreign banks have integrated China’s e-CNY CBDC thus far.

‘Buy the rumor, sell the news’ — Bitcoin ETF may spark TradFi sell-off

Bitcoin retail investors may end up with a hot potato if the spot ETF go-ahead plays out like gold 20 years ago, analysis considers.

Real AI use cases in crypto, No. 2: AIs can run DAOs

Genuine, no bullsh*t, hype-free use cases for AI in crypto: How AIs can help run DAOs and make them genuinely autonomous.

Bitcoin mining firm Phoenix Group delays share listing

Due to UAE’s National Day, Phoenix Group’s public trading launch on the Abu Dhabi Securities Exchange has been moved to Dec. 5, 2023.

Upbit parent Dunamu’s profits drop 81% in Q3

Dunamu reported a net profit of $23 million in the third quarter of 2023, a steep drop compared to the $123 million it earned in Q3 2022.

Why Binance’s US plea deal could be positive for crypto adoption

Is the settlement further indication that the crypto industry’s Wild West era is winding down, with a new epoch marked by regulation and taxation beginning?

FTX failure reveals flaws in multifunction crypto-asset intermediaries — FSB

The Financial Stability Board suggested the crypto industry might still require additional regulatory measures to prevent another FTX-like situation at the hands of crypto service providers.

Decentralization and sovereignty: Debunking our approach to digital sovereignty

Whether it’s browser data or sensitive information, our digital snail trail is frequently extrapolated and shared under our noses, but its repercussions are becoming more clear.

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