Trump’s CBDC ban to boost crypto adoption, Musk’s dad plans $200M memecoin raise: Finance Redefined
Trump’s executive order may be a “game-changer” for institutional crypto adoption, signaling a presidential bet on the existing crypto ecosystem.
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SEC vs. Telegram: Part 1 — Key takeaways for now
Telegram is a popular, global, cloud-based instant messaging, videotelephone and voice-over service company. Particularly popular with crypto-enthusiasts, at the end of 2017, Telegram came up with a plan to raise funds to support the development of a new crypto asset, dubbed Gram, and a network originally planned as the Telegraph Open Network. Proceeds would also…

Coincheck Owner Mulls Addition of Crypto to Its Retail Offerings
Online brokerage Monex Group Inc., owner of the hacked Japanese crypto exchange Coincheck, is considering adding crypto to its retail client offerings in a bid to become more competitive in the local brokerage market. The news was reported by Bloomberg on April 15.As previously reported, Monex acquired Coincheck in April 2018 in the wake of…

Beijing sees digital currencies as ‘new battlefield’ in global finance
China's central bank aims to challenge the global financial status quo. 513 Total views 19 Total shares The People’s Bank of China is placing a strong emphasis on the geopolitical stakes of the country’s central bank digital currency development.An article published in the PBoC-run magazine China Finance this weekend argued that Beijing should “accelerate the…

September ‘crash’ to $22K? — 5 things to know in Bitcoin this week
Bitcoin (BTC) starts a new week struggling with $26,000 as August becomes its worst month of 2023.BTC price strength remains dubious after a snap crash 10 days ago, with bulls unable to wrestle back control of the market to provide a relief bounce.The outlook is similarly uncertain, with September traditionally a poorly performing month for…

Bybit CEO declares ‘war against Lazarus’ after $1.4B hack
Ben Zhou announced the launch of a bounty program after reporting hackers tied to North Korea used an exploit to steal more than $1.4 billion in crypto from Bybit.

XRP cuts reserve requirement by 90%, allowing for smaller new wallets
XRP Ledger reduced its reserve requirement from 10 to 1 XRP, letting users fund wallets with as little as $2.56.

Polkadot Web3 wallet Talisman closes $2.35M seed funding round
Talisman plans to release an early version of its Polkadot wallet extension before the end of November. 403 Total views 8 Total shares Talisman, a Polkadot Web3 wallet platform, has raised $2.35 million from early backers including Hypersphere Ventures, Koji Capital and Advanced Blockchain AG as well as several anonymous Flex Dapps investors.According to an…

Some pro-crypto Trumpers suggest he ‘lost their votes’ after token launch
Though many Donald Trump supporters said nothing would stop them from voting for the Republican candidate, others didn’t seem to be pleased by his latest crypto lending project.