Bitcoin price holds steady amid spot BTC ETF outflows and uptick in unfriendly regulation

The country's National Securities and Stock Market Commission will determine policies on digital assets, issue licenses to crypto firms and act as a financial watchdog 1175 Total views 31 Total shares Volodymyr Zelenskyy, the president of Ukraine currently based in Kyiv, has signed a law establishing a legal framework for the country to operate a…

Days after CZ took to Twitter to announce a new proof-of-reserve system for Binance users, the site went live with public details of its wallet addresses and on-chain activity. 1208 Total views 9 Total shares In light of the FTX liquidity crisis and the almost-acquisition by Binance, Binance CEO Changpeng “CZ” Zhao assured his community…

Last week, A16z reportedly said it would raise $3.5 billion for its VC fund, as well as another $1 billion for Web3 seed investments. 261 Total views 16 Total shares A16z, a VC company with investments in Protocol Labs, Polychain Capital and Opensea among others, is now planning to raise $4.5 billion for its latest…

Stablecoins with a clear governance framework may be hampered by the uncertainty of the lack of regulation, according to the European Central Bank (ECB).Four major types of stablecoins outlinedOn Aug. 29, the ECB released a new paper devoted to stablecoins, which it describes as digital units of value that are not a form of any…

The past few years have been a watershed moment for security in crypto. As the asset class has gained popularity, more and more security breaches have been highlighted and more institutions targeted.The burgeoning industry is ripe with opportunity, but also with risk. Two incidents that highlight this lapse in security spring to mind.Back in January…

This past week, the decentralized finance (DeFi) ecosystem was ruled by decentralized autonomous organizations and new fund launches for the growth of the Web3 ecosystem. The total number of DAOs surged by eight times while Solana launched a $100 million DeFi fund.Optimism, an Ethereum layer-2 protocol that Vitalik Buterin recently praised for its governance model,…

FTX creditor repayments being facilitated a little over 2 years after FTX’s shock collapse is a “win” given all the jurisdictional issues that were involved, an industry pundit said. A crypto trader and marketing executive who correctly predicted FTX’s collapse said FTX creditor repayments coming a little over two years after the incident is a

In the weeks following new sanctions from the European Union, Binance has kept its doors open for non-sanctioned Russian nationals, but that does not mean that the firm isn't complying with EU sanctions, according to Binance’s newly-appointed sanctions executive.Western sanctions against Russia have been a major challenge for Binance from day one, and the firm…