BitMEX pleads guilty to Bank Secrecy Act violation

Bluesky outlined that it is “not possible to have a usable social network without moderation,” and intends to build a moderation model for the network dubbed “speech and reach.” 135 Total views 11 Total shares Twitter’s decentralized social media project Bluesky has released its first batch of code, and also committed to content moderation on…

The growing stablecoin supply suggests cryptocurrency adoption is at its mainstream “tipping point.” 5223 Total views 13 Total shares The global stablecoin supply could surge to $1 trillion by the end of 2025, potentially becoming a key catalyst for broader cryptocurrency market growth, according to David Pakman, managing partner at crypto-native investment firm CoinFund. “We’re

In a possible decentralized finance (DeFi) first, Inverse Finance’s governance has approved today a proposal to buyout Tonic Finance in a $1.6 million-dollar deal that will bring Tonic under Inverse’s umbrella. First floated after “weeks of negotiation” in early April, members of the Inverse Finance DAO began voting yesterday on a proposal to acquire Tonic and…

Bitcoin price spikes continue as data reveals exchange activity is anything but flat this week. 365 Total views 9 Total shares Bitcoin (BTC) whales are moving large amounts of coins to exchanges in tandem with large outflows, curious new data shows. According to the exchange whale ratio indicator from on-chain analytics firm CryptoQuant, large transactions have…

Major video game publisher Electronic Arts sees NFTs and blockchain-based games as the future of the industry. 1170 Total views 68 Total shares Wider adoption for nonfungible tokens (NFT) and play-to-earn games appears to be on the horizon, as one of the biggest names in the gaming industry sees both as the future of the…

Though the resolution overturning an SEC rule on banks handling crypto passed in the House in May, the legislation required at least 288 members to override President Biden’s veto.

This week’s Crypto Biz examines recent acquisitions in the crypto industry, Tether’s plans for a dirham stablecoin, and Polychain’s investment in the Bitcoin protocol Corn.

The Uniswap community is voting on its second-ever governance proposal to distribute 5 million governance tokens to users who interacted with the DEX via a third-party platform. 406 Total views 7 Total shares The second-ever governance proposal for the Uniswap decentralized exchange (DEX) is more than halfway to reaching a quorum with a little over…

Thursday, August 2: Bitcoin (BTC) and Ethereum (ETH) are trading around yesterday's levels, while other top 20 coins are seeing notable losses, according to data from Coinmarketcap. Market visualization from Coin360 Bitcoin (BTC) is up around 0.3 percent over the past 24 hours and trading at $7,579 at press time after testing a slight rebound…