BTC price gets a fresh boost from market calm over Fed interest rate policy, as Bitcoin traders eye further gains. Source: https://cointelegraph.com/public/index.php/news/btc-price-27k-bitcoin-ppi-inflation-surprise
Month: September 2023
From Princess Peach to Pikachu: 6 Biggest Reveals From Nintendo Direct
Nintendo livestreamed its latest Nintendo Direct announcement event Thursday, revealing a large roster of new upcoming titles, downloadable add-on content, and remakes for the Switch console. While numerous games were either announced or shown with fresh trailers, here are the six biggest takeaways from the Nintendo Direct livestream. Prince of Persia: The Lost Crown Ubisoft has developed a new Prince…
Aliens in Mexico’s Congress: Earth-Shattering Revelation or Another Hoax?
In a historic chamber where laws are usually the focal point, Mexican lawmakers earlier this week found themselves delving into the realm of the extraterrestrial. A presentation on Tuesday in the Mexican Congress has ignited fervent discussions both in the legislative halls and the virtual corridors of social media. The burning question on everyone’s lips: Alien corpses? Really? (Spoiler: very…
Binance US Legal and Risk Heads Step Down Amid Exec Exodus
Another two executives associated with Binance US are reportedly leaving the company, following ex-CEO Brian Shroder out the door. The latest departures include legal head Krishna Juvvadi and Chief Risk Officer Sidney Majalya, according to the Wall Street Journal, which cites sources familiar with the matter. Shroder’s departure earlier this week accompanied a broader round of layoffs at the firm,…
Joy Division NFT Includes Previously Unheard Ian Curtis Audio
Pace Gallery has unveiled an NFT art project that will include previously unheard Joy Division vocal samples. The project was created in collaboration with the influential English rock band’s drummer Stephen Morris, album artist Peter Saville, and the official Joy Division Archive. The “CP1919” series from the gallery’s Pace Verso division, which spans two NFT drops, features a soundtrack created…
Genesis announces winding down of crypto trading services
Crypto lending firm Genesis, a subsidiary of Digital Currency Group (DCG), will stop offering spot and derivatives trading for crypto assets through its British Virgin Islands unit. According to a Sept. 14 statement from a Genesis spokesperson, the firm will “voluntarily and for business reasons” wind down its digital asset trading services through all of its entities. Genesis had been…
Crypto Exchange Updates Marketing and Fees After Hong Kong Regulator Warning
Hong Kong’s top financial watchdog, the Securities and Futures Commission (SFC) has issued a warning against crypto exchange JPEX. According to a report in South China Morning Post, the SFC claims the platform showcases “suspicious features” and doesn’t have the necessary licensing to legally operate in Hong Kong. The territory recently passed a landmark list of crypto regulations, bidding to…
House Financial Services Comm. witnesses air multiple anti-CBDC arguments
A chorus of disapproval rang out from the halls of the United States Congress on Sept. 14 as the House of Representatives Financial Services Committee digital assets subcommittee held a hearing on the “digital dollar dilemma.” Five expert witnesses were scheduled to testify at the hearing, and all of them argued against creating a U.S. central bank digital currency (CBDC),…
Bitcoin Jumps as European Central Bank Signals End to Rate Hikes
Bitcoin (BTC) netted a modest 2% boost on Thursday following the European Central Bank (ECB) signaled that its tenth consecutive hike to its main interest rate may be the last. “Based on its current assessment, the Governing Council considers that the key ECB interest rates have reached levels that, maintained for a sufficiently long duration, will make a substantial contribution…
Sam Bankman-Fried’s Father Attended Meetings on FTX Token Marketing and Tax Issues
FTX founder Sam Bankman-Fried’s father, Joseph Bankman, played a role in meetings where marketing materials were developed for FTT—the cryptocurrency that played a pivotal role in the exchange’s collapse when it buckled last November, Bloomberg reported. Bankman, a professor at Stanford Law School, was also involved in meetings that discussed tax issues, the outlet reported, citing invoices from the law…