South Korean crypto exchanges face unexpected supervisory fees
Introducing supervisory fees marks a crucial step toward increased regulation and oversight.
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Binance pushes new stablecoin as it confirms plan to cease BUSD support
Paxos has earlier said it will halt support of Binance's stablecoin by February 2024, now the exchange has said it will also stop support by that time. 432 Total views 3 Total shares Crypto exchange Binance has encouraged users to start converting their Binance USD (BUSD) stablecoin holdings into a newly listed stablecoin amid plans

Google AI turns all 10,000 BAYC NFTs into machine-made art
Google Cloud Neural Networks worked with its artificial intelligence (AI) software to make art. Not just any art — nonfungible token (NFT) art. The AI transformed all 10,000 Bored Ape Yacht Club NFTs into machine-made works of art. These pieces of art take the form of abstract paintings. However, when viewed closely, the paintings take an…

Indian enforcement agency collaborates with Binance to bust scam app
The law enforcement agency managed to track the funds linked to the E-Nugget scam app to different crypto exchanges and, with their help, seized over $10.5 million in crypto assets.

Decentralized Tech Can Protect Activists From Social Media Crackdowns
The protests in the United States against police brutality and systemic racism sparked by the murder of George Floyd by former Minneapolis police officer Derek Chauvin on May 25 are showing no signs of stopping.Rallies and marches have continued in many cities for three weeks now, with events organized in all 50 states as well…

Billionaire Citadel Securities founder compares crypto value to abstract art
“I have to live with the reality that an asset’s worth what people perceive it to be worth,” Ken Griffin stated. 130 Total views 17 Total shares Billionaire Citadel Securities founder Ken Griffin has compared cryptocurrency to abstract art, opining that the value of both is derived from the eye of the beholder. Griffin —…
Crypto may see second wind in the US as courts ‘rein in the SEC’ — Lawyer
There are hopes that the United States could see a new crypto resurgence after several rulings this year have seen court judges “rein in the SEC,” according to a digital asset lawyer from K&L Gates.On Aug. 31, Jeremy McLaughlin, a partner at the global law firm, noted that multiple U.S. court cases have stomped on

MicroStrategy, now ‘Strategy,’ records $670M net loss in Q4
Strategy's fourth-quarter loss came as it stacked another 218,887 Bitcoin — its most aggressive quarter yet.

Bitcoin hits $60K for the first time since April after reports of imminent ETF approval
Bitcoin has recaptured the $60k position after a six month period of ups and downs. 2253 Total views 29 Total shares Bitcoin has surpassed the $60,000 mark briefly for the first time since April 2021. The price has been boosted by reports suggesting a Bitcoin futures ETF is likely to begin trading in the United…