Crypto News Roundup for Nov. 4, 2021

Coinbase (COIN) rose almost 10% Tuesday after the crypto exchange was listed as a “surveillance partner” for several spot bitcoin ETFs, and rising options trading volumes and open interest indicate bullish sentiment may stay with the stock in the coming months.The firm was already named as a partner for BlackRock’s proposed bitcoin ETF – underpinning…

The U.S. Securities and Exchange Commission is looking to impose its steepest fine yet on a cryptocurrency project, a $5.3 billion penalty for Do Kwon and Terraform Labs, the man and company behind the fatally flawed algorithmic stablecoin that jumpstarted a multi-billion-dollar, industry-wide contagion event when it imploded two years ago.This is an excerpt from

The 19-day streak of net inflows for U.S.-listed spot bitcoin exchange-traded funds (ETFs) ended on Monday with a combined $65 million in net outflows.Grayscale’s GBTC led the outflows with $40 million, continuing its trend as the worst-performing ETF by outflows since going live in January.A record 19-day streak of net inflows in U.S.-listed spot bitcoin

Two Binance executives, Tigran Gambaryan and Nadeem Anjarwalla, will remain in Nigerian custody at least until a hearing on March 20.The men were arrested on Feb. 26 after flying to Abuja to meet with the Nigerian government at the government's invitation.The country is experiencing a foreign exchange crisis and has accused Binance of contributing to

Danish bank Saxo has been ordered by Denmark's financial regulator to shed its own crypto holdings, the authority announced on Wednesday.The Danish Financial Supervisory Authority's (FSA) explained that it isn't legal for banks to conduct such activity as ancillary bank business for reasons of financial stability under current regulations."Saxo Bank A/S' trading in crypto assets…

Most jurisdictions still aren’t fully complying with international anti-money laundering norms for crypto, standard-setter the Financial Action Task Force (FATF) has said .“Almost three quarters of jurisdictions are only partially compliant or not compliant with the FATF’s requirements” for virtual assets, according to a statement issued following a regular plenary meeting of the watchdog, chaired…

Non-fungible token (NFT) artist FEWOCiOUS has teamed up with Adidas Originals on a new digital NFT release linked to real-life sneakers.According to the drop's website, the Adidas Originals x FEWOCiOUS collection is a "harmonious collision of perspectives" that includes an NFT and an artist-designed physical Adidas Originals Campus 00’s sneaker. Beginning on June 22, a…

Nov 25, 2019 at 19:00 UTCUpdated Nov 25, 2019 at 19:03 UTCUnregistered ICO Issuer Gladius Shuts Down 9 Months After SEC Settlement Crypto startup Gladius Network LLC announced it would close its operations via a Telegram message on Thursday, several months after settling charges of selling an unregistered security with the U.S. Securities and Exchange…

Mar 27, 2020 at 13:00 UTCUpdated Mar 27, 2020 at 13:40 UTCOLD GUARD: The Bretton Woods gathering in 1944 entrenched the dollar’s near-century-long reign as the world’s dominant currency (Credit: U.S. Office of War Information in the National Archives, via World Bank).After Coronavirus ‘War,’ Bretton Woods-Style Shakeup Could Dethrone the DollarFor governments, fighting the coronavirus…