Tue, July 8

Binance Ex-CEO CZ Vows Continued Tech Investments After Release from US Custody

Former Binance CEO Changpeng Zhao, popularly known as CZ, has made his first public statement since his release from US custody. In a post on social media platform X on Sep 29, Zhao, a prominent figure in the crypto world, pledged to continue investing in sectors like blockchain/DeFi projects, artificial

September 30, 2024 2 mins read

TrueCoin and TrustToken Settles with SEC for Misleading TUSD Backing

Improper stablecoin investment programs and unregistered selling of securities were among the allegations levied against TrueCoin and TrustToken by the US Securities and Exchange Commission (SEC). As stated in the agency’s news release, the SEC has settled the allegations against the businesses and ordered them to pay a combined penalty

September 30, 2024 2 mins read

Taiwan Allows Professional Investors to Access Foreign Virtual Asset ETFs

Taiwan’s Financial Supervisory Commission (FSC) has announced a new initiative allowing professional investors to invest in foreign virtual asset exchange-traded funds (ETFs) via a re-entrustment method. This decision, detailed in a press release on Monday, aims to diversify investment options and enhance the re-entrustment business of the nation’s securities firms.

September 30, 2024 2 mins read

BlackRock’s Spot Ether ETF Surpasses $1 Billion in Net Asset Value

After six weeks of negative withdrawals, spot Ethereum exchange-traded funds based in the US have had their strongest weekly inflows since early August. One of these funds has achieved a historic milestone: a net asset value of more than $1 billion. After six weeks of net weekly withdrawals, US-based spot

September 30, 2024 1 min read

CryptoQuant CEO Advocates for Smart Regulation to Ensure Web3 Growth

One of the most important factors in the future of Web3 and cryptocurrency, according to CryptoQuant CEO Ki Young Ju, is regulation. Ju said in an X post from September 29 that crypto and Web3 could “thrive responsibly” if the appropriate regulations were in place to reduce the prevalence of

September 29, 2024 2 mins read

Dutch Authorities Issues Warning Ahead of MiCA Enforcement

In anticipation of impending legislation, the Dutch Financial Markets Authority (AFM) issued a warning against the dangers of pump-and-dump schemes using cryptocurrencies. On December 30, the Markets in Crypto-Assets Regulation (MiCA) will be put into force. As stated in an official press release by the AFM. Market manipulation methods, such

September 29, 2024 2 mins read

Ex-Chinese Finance Minister Warns of Crypto Risks Amid US Policy Shift

Former Chinese finance minister Lou Jiwei called on China to carefully study cryptocurrency progress during his comments at the 2024 Tsinghua Wudaokou Chief Economists Forum in Beijing. The speech was reported by Sina Finance and it said that the former minister warned about the dangers of cryptocurrency, including its volatility

September 29, 2024 2 mins read

FTX’s $16 Billion Reimbursement Set to Spark Significant Market Shifts

The reimbursements procedure for the insolvent derivatives exchange FTX, which is one of the most eagerly awaited, starts next week, which might be a pivotal moment for the crypto market. However, experts predict that the purchasing demand for Bitcoin and altcoins in particular is going to grow dramatically. As almost

September 29, 2024 2 mins read

Crypto Market Awaits Key US Jobs Report for Market Direction

With US job statistics due out soon, the crypto market is bracing for a pivotal week. Especially in light of last week’s weaker US PCE inflation statistics, this data would be useful for investors in gauging fourth-quarter market patterns. With anticipation building for a possible “Uptober” surge, traders will also

September 29, 2024 2 mins read
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