Banks Push SEC To Change Crypto Rules For Bitcoin ETFs
U.S. banking trade groups request the SEC adjust guidance to allow large financial institutions to act as custodians for the newly approved spot Bitcoin ETFs.
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Aptos Launches $99 Crypto JamboPhone Rivaling Solana Saga
The Aptos Foundation has collaborated with African startup Jambo to launch a $99 Android smartphone with built-in access to its ecosystem in over 40 countries.
GoFundMe Cancels Tornado Cash Legal Battle Fundraiser, Citing Terms Breach
GoFundMe has canceled a fundraiser aimed at collecting legal fees for the co-founder of Tornado Cash, Roman Storm, and its developer, Alexey Pertsev, citing a breach of their terms of service.
Bitcoin Rises as Yen Falls Out of BOJ’s Control
Bitcoin hit a record high against the Japanese yen as the currency continues to weaken under the Bank of Japan’s ongoing monetary stimulus, making cryptocurrencies more attractive to Japanese investors seeking to hedge inflation risks.
Param Labs and Animoca Brands Team Up
Param Labs, an Abu Dhabi-based game and technology development leader, has partnered with Animoca Brands, a company advancing digital property rights in gaming, to leverage its expertise in launching innovative Web3 products.
XRP Price Climbs Above $0.55
XRP gained significant attention today as its price surged past $0.55 amid major whale activity, with two large transfers totaling 47 million XRP to exchanges sparking speculation.
Powell’s Persistent Push for Stablecoin Regulation
Jerome Powell, the Chair of the Federal Reserve, has been urgently pushing Congress to develop a robust regulatory framework for stablecoins, emphasizing the need for clear rules and oversight as digital assets evolve.
PlayDapp Hit by $290M Crypto Theft
PlayDapp, a crypto gaming platform, suffered a $290 million hack where an unauthorized party exploited vulnerabilities to mint 1.79 billion PLA tokens.
Philippines CBDC to Use Banks, Not Blockchain
The Philippine Central Bank plans to introduce a bank-mediated, non-blockchain wholesale central bank digital currency within the next two years as part of the country’s ongoing digitization of its financial system.
Cardano Q4 2023 Growth Outshines Competitors
A new report shows Cardano had a standout Q4 2023, with major increases in total value locked (166% QoQ), average daily transactions (10.9% QoQ), and ADA price (127.2% QoQ). Cardano also hit an all-time high TVL of $449M, moving up the TVL rankings. However, NFT activity declined.