Trump silent on crypto platform, SEC urged to clarify airdrops: Finance Redefined
Former President Donald Trump remained silent about his family’s upcoming crypto platform, and Republican Party lawmakers urged the SEC to clarify its stance on crypto airdrops.
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Movement Labs targets 1-second L2 finality by end of 2024: Co-founder
Apps will be able to settle directly on Movement’s L2 with fast finality ‘postconfirmations’ secured by stakers, the co-founder said.

Partner at $500 Million Fund Explains Key Criteria For Investing in Startups
A partner at Initialized Capital, Brett Gibson, reveals his firm’s main criteria for investing in early stage start-ups and explains the most promising products on the market. 4114 Total views 29 Total shares Brett Gibson, a partner at Initialized Capital, has revealed the main criteria used by his venture capital firm to invest in early stage…

Crypto Hedge Fund Goes Belly Up After Bitcoin Price Drop to $3.8K
Adaptive Capital, a crypto hedge fund, has announced that it will shutter all operations after taking heavy losses during the March 13 crypto market meltdown which saw Bitcoin (BTC) price drop to a 2020 low at $3,775. The fund has now issued a letter to its investors announcing the closure of the fund and the…

Drex Brazilian CBDC pilot will work on privacy, DeFi in phase 2
The Brazilian central bank has 13 participants for phase 2 so far, and it is willing to take on an unlimited number.

Telegram Wallet avoided self-custody to ease crypto onboarding, COO says
Telegram Wallet, a major Telegram bot allowing users to buy and sell cryptocurrencies like Bitcoin (BTC), has chosen custody over self-custody to chase easier onboarding goals, according to a senior executive.In July 2023, crypto-friendly Telegram messenger announced the integration of the custodial crypto wallet to allow users to access it directly from the messenger’s settings.

Bitcoin ATMs are booming in this Latin American country
The country is relatively new to crypto adoption, but is building momentum quickly. 1686 Total views 14 Total shares Colombia now has the largest number of Bitcoin (BTC) ATMs in Latin America. According to CoinATMRadar, Bogota, the nation's capital, has 34 ATMs, followed by Medellin with 11, and Bucaramanga and Cali with 4 each. Other cities…

CZ challenges US gov’t attempt to restrict travel before sentencing date
Former Binance CEO Changpeng "CZ" Zhao has contested the U.S. Department of Justice's assertions that he is a flight risk and may not return before his sentencing next year. 498 Total views 3 Total shares Former Binance CEO Changpeng "CZ" Zhao has opposed the United States government's efforts to block his return to the United

Top 5 cryptocurrencies to watch this week: BTC, BNB, ADA, BCH, LINK
Bitcoin (BTC) has rallied about 90% year-to-date and has risen close to 191% from its March lows. The rise has been gradual without much fanfare, which suggests that crypto believers are the ones who have been buying in 2020.October’s monthly close at $13,798.99 is the highest ever, surpassing the December 2017 close at $13,789.68. The…