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France’s Data Watchdog Conducts Checks at Worldcoin Office in Paris

September 3, 2023 0

The French body overseeing the protection of personal data has carried out “checks” at the Paris office of Worldcoin. The news of the French inspections comes amid heightened regulatory pressure on the cryptocurrency project co-founded by the current chief executive of Chatgpt developer Openai.

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Bitwise Retracts Bitcoin and Ether Market Cap Weight Strategy ETF Registration

September 3, 2023 0

In a recent submission to the U.S. Securities and Exchange Commission (SEC), Bitwise has decided to retract its registration for its Bitcoin and Ether Market Cap Weight Strategy exchange-traded fund (ETF). The reasoning behind this action remains unknown, but Bitwise’s chief legal officer, Katherine Dowling, briefly noted that the company has postponed plans to launch […]

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Robinhood to Buy Back SBF’s Stake for Over $605 Million

September 3, 2023 0

Online broker Robinhood is going to buy back the stake purchased by a company of crypto exchange FTX founder Sam Bankman-Fried (SBF). The fintech intends to pay $605.7 million for the shares that were transferred to the custody of the U.S. government after the bankruptcy of SBF’s businesses. Robinhood to Proceed With Planned Buyback of […]

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Former SEC Chair: Institutional Investors Clearly Want Access to BTC, Approval of Spot Bitcoin ETFs Inevitable

September 3, 2023 0

U.S. Securities and Exchange Commission’s former chairman Jay Clayton has explained why he believes the approval of a spot bitcoin exchange-traded fund (ETF) is inevitable. “It is clear that bitcoin is something that retail investors want access to, institutional investors want access to,” he stressed. Former SEC Chief Says Approval of Spot Bitcoin ETFs Inevitable […]

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Robert Kennedy Jr: China Doesn’t Want War With US — They Want to ‘Bury’ Us Economically

September 3, 2023 0

U.S. presidential candidate Robert F. Kennedy Jr. (RFK Jr.) has explained that China does not want a war with the U.S. However, he warned that China wants to “bury” the U.S. economically. “I’m not afraid of the United States competing with China head to head and countries around the world. I think that’s good for […]

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Ripple Files Opposition to SEC’s Motion to Certify Interlocutory Appeal of XRP Ruling

September 2, 2023 0

Ripple Labs has filed its opposition to the U.S. Securities and Exchange Commission’s request for Judge Analisa Torres to certify an interlocutory appeal of her ruling regarding XRP. The crypto firm has argued that “the exceptional circumstances required for interlocutory appeal are absent.” Ripple Says Court Should Deny SEC’s Motion On Friday, Ripple Labs filed […]

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Study Shows Fastest Growing L2 Blockchains Adopt Users in Weeks, Not Months

September 2, 2023 0

The newest layer two (L2) blockchains are being adopted at record speeds, with some reaching one million users within weeks rather than months, according to a study by Coingecko. L2 Blockchains Hit One Million Users Faster Than Ever, Coingecko Study Shows A layer two (L2) blockchain runs alongside an existing blockchain like Ethereum to improve […]

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Defi Sector Navigates an Extended Crypto Winter: TVL Dips to February 2021 Levels

September 2, 2023 0

The realm of decentralized finance (defi) is grappling with the aftermath of the sweeping crypto market slump that marked the close of August. As it stands, the total value locked (TVL) in defi, pegged at $37.59 billion, has plummeted to a low last witnessed in the second week of February 2021. Crypto Winter’s Grip on […]

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Bitcoin’s Largest Accounts: Peering Into the Top 10 Wallets on the ‘BTC Rich List’

September 2, 2023 0

In recent weeks, buzz within the crypto sphere has centered on prominent bitcoin and ethereum holders. Some addresses are awash with speculation, while others have earned distinct labels. Interestingly, a handful have purportedly been unmasked, leading to many of the top ten BTC addresses being tagged. The following is a closer peek at the top […]

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NFT Sales Slide for Third Consecutive Week Amid Crypto Downturn

September 2, 2023 0

Sales of non-fungible tokens (NFTs) have taken another hit, declining over 10% from the previous week, with transactions totaling $85,046,840 since Saturday, August 26, 2023. This marks the third consecutive week of falling NFT sales, reflecting the broader crypto economy’s downturn and its significant impact on the NFT marketplace. Can NFTs Rally in September? Recent […]