Circle starts pouring money into its Reserve Fund, aims to fill it in 2023
The Circle Reserve Fund is managed by BlackRock under the custody of Bank of New York Mellon. Circle, the issuer...
Month: November 2022
Mark Cuban-Backed Multichain Wallet Launches $3 Million Aptos Ecosystem Fund to Onboard New Users
Blocto, a multichain wallet has announced the launch of a $3 million Aptos Ecosystem Fund whose objective is to help...
Bakkt Acquires Turnkey Platform Apex Crypto to Bolster Digital Asset Footprint
Digital asset manager Bakkt Holdings, Inc., announced on Thursday that the company has acquired the firm Apex Crypto from Apex...
Swiss Financial Watchdog Releases Revised AML Ordinance, Clarifies Crypto Requirements
The Swiss financial regulator has published its updated anti-money laundering (AML) ordinance, noting it’s extending the coverage to include blockchain...
Moonvember kicks off with sweeping staff layoffs across crypto
There are still pockets of hope, however, with some companies looking to expand despite the market conditions. The crypto and...
‘Everything is fine’ — Gala Games calls for calm after fears of multi-billion dollar hack
Gala Games said the unusual activity of its pGALA token was actually part of efforts to safeguard it from potential...
NFTs still in ‘great demand’ as unique traders rise 18% in Oct: DappRadar
A DappRadar report found that despite a fall in NFT trading volumes and sales counts throughout October, monthly unique traders...
You have our swords: 12 independent entities pledge legal support for Ripple
The evidence is mounting as “friends of the court” line up in support of Ripple Labs. Fintech firm Ripple is...
Coinbase transaction revenues plummet 44% as users activity declines in Q3
While poor market conditions have resulted in revenues falling for the crypto exchange in Q3, its effort to reduce expenses...
What will Crypto Twitter look like post-acquisition? Blockchain executives share their insights
Many stakeholders expressed a desire to see more decentralization on the quintessential social media platform for the blockchain industry. Nearly...
JPMorgan, DBS Bank, SBI Complete Live Defi Trades on Public Blockchain
JPMorgan, DBS Bank, and SBI Digital Asset Holdings have completed their first lives trades on a public blockchain using decentralized...
US Lawmakers Accuse Gary Gensler of ‘Hypocritical Mismanagement of SEC’ — Say the Chairman ‘Refuses to Practice What He Preaches’
Four congressmen have accused the U.S. Securities and Exchange Commission (SEC) under Chairman Gary Gensler of “regulatory hypocrisy and inconsistency.”...
Binance CEO Sees No Threat to Crypto From Central Bank Digital Currencies — Says CBDCs Will Validate Blockchain Concept
The CEO of cryptocurrency exchange Binance does not see central bank digital currencies (CBDCs) as a threat to cryptocurrencies, like...
Former Fed Chair Alan Greenspan Says Decreasing Supply of Greenbacks Makes the US Dollar a ‘Better Store of Value’
On Nov. 2, 2022, the American economist and 13th chairman of the U.S. Federal Reserve, Alan Greenspan, published an opinion...
South Korean prosecutors accuse Do Kwon of manipulating Terra’s price
Prosecutors have reportedly secured a "messenger conversation" in which Kwon ordered an employee to manipulate Terra's market price.
