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news-imageOctober 1, 2024

Crypto Think Tank Coin Center Announces Senior Staff Departure by Year-End

Jerry Brito, founding executive director at Coin Center since 2014, announced his resignation on the organization's website on Monday, saying he will step down by year-end.
Publisher: Cryptonews
Sentiment: Neutral
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cover-imageCrypto news
October 1, 2024

Base creator Jesse Pollak joins Coinbase execs team

Creator of layer 2 blockchain Base, Jesse Pollak has joined the executive team at Coinbase as engineering vice president while also leading Coinbase Wallet. Jesse Pollak announced on his X account on Oct.

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Positive
cover-imageBitcoin
October 1, 2024

Japan to Review Crypto Regulations, Potentially Easing Tax Burden

Japan is reportedly set to review its cryptocurrency regulations, potentially reducing taxes on digital assets. The Financial Services Agency (FSA) plans to assess whether current crypto regulations under the payments act provide sufficient investor protection.

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Neutral
cover-imageBitcoin
October 1, 2024

China's Former Vice Minister of Finance Calls for Research on Crypto as US Policy Pivots

Zhu Guangyao, China's former vice minister of Finance, has called on the country to continue researching crypto as the US changes its attitude towards the asset class. During the 2024 Tsinghua PBOC Chief Economist Forum, Guangyao stated that crypto should be studied “because it is a crucial aspect of the development of the digital economy.

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Neutral
cover-imageCryptopolitan
October 1, 2024

“Pro-crypto candidates,” should U.S. voters be worried?

Voters' interest in crypto and its political role is pumping up as the United States Presidential election 2024 is zoning in. The digital assets industry leaders are now weighing their opinions openly on the running candidates' stances and pledges to safeguard the market participants.

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Negative
cover-imageBitcoin
October 1, 2024

Binance Confirms Access Restrictions on Sanctioned Russian Users

Crypto exchange Binance says it is complying with international sanctions by denying sanctioned Russian individuals and entities access to its platform. “Compliance remains our top priority. We are deeply committed to our users and maintaining their trust in our platform. We constantly invest in our teams and systems to protect our users,” Binance claimed.

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Negative
cover-imageBitcoin
October 1, 2024

FCA Secures First Conviction for Illegal Crypto ATM Operation in UK

Olumide Osunkoya has pleaded guilty to illegally running a crypto ATM network across the UK. Even though the UK Financial Conduct Authority (FCA) denied his registration, his operation handled millions in cryptocurrency transactions. This case represents the first conviction of its type under the UK's anti-money laundering laws.

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Neutral
cover-imageCointelegraph
October 1, 2024

Restaking is growing like crazy

Users are flocking to yield farm restaking protocols, but poor risk management and due diligence is a ticking time bomb.

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Positive
cover-imageBitcoin
October 1, 2024

Binance Founder CZ Reflects on Release — Plans to Focus on Blockchain, AI, Biotech

Former Binance CEO Changpeng Zhao (CZ) has shared a personal update, reflecting on his recent experiences and future aspirations. He emphasized his intention to focus on various projects related to education, blockchain, artificial intelligence (AI), and biotechnology. Zhao expressed confidence that future opportunities will exceed those of the past.

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Neutral
cover-imageCoingape
October 1, 2024

Federal Appeals Court Revives AT&T $24M Crypto Hack Lawsuit

A panel from the Ninth Circuit Court of Appeals has reinstated a key claim in the lawsuit brought by cryptocurrency investor Michael Terpin against AT&T. Terpin claims that AT&T permitted hackers to take over his phone, which resulted in the loss of $24 million in cryptocurrency.

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Positive
cover-imageBitcoinist
September 30, 2024

Taiwanese Financial Watchdog OKs Foreign Crypto ETFs For Pro Investors

In an announcement on September 30, 2024, Taiwan's Financial Supervisory Commission (FSC) greenlit foreign crypto exchange-traded funds (ETF) for professional investors. Foreign Digital Assets ETFs Approved For Professional Investors According to the announcement, Taiwan's FSC permits institutional investors to invest in foreign digital asset ETFs through a re-entrustment process.

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Positive
cover-imageCryptoGlobe
September 30, 2024

Crypto Investment Products Attract $1.2 Billion Following Fed Rate Cut

Cryptocurrency investment products saw inflows above $1.2 billion over the past week as investors increasingly turn to riskier assets after the Federal Reserve's recent 50 basis point interest rate cut. According to CoinShares' latest Digital Asset Fund Flows report, the $1.

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Positive
cover-imageThe Daily Hodl
September 30, 2024

Crypto Exchange Bithumb Considering Public Listing on Nasdaq: Report

South Korean crypto exchange Bithumb is reportedly telling shareholders that it is mulling a U.S. stock exchange listing. According to local outlet DNews, Bithumb told shareholders on Monday that South Korea's second-largest crypto exchange by trading volume is mulling a Nasdaq listing.

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Negative
cover-imageCoingape
September 30, 2024

Crypto Hack: 250 UK Victims Fall For Fake Bybit Demo Account Scam

In the last a few months, the UK has seen an attack of a major crypto hack which affected more than 250 people and the hackers stole $650,000. The scheme used fake Bybit demo accounts to entice the unwitting into the scam and offer them easy money.

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Positive
cover-imageCryptoSlate
September 30, 2024

Japan to potentially lower capital gains tax on crypto in regulatory review

Japan's Financial Services Agency (FSA) is poised to reassess its crypto regulations, potentially reducing taxes on crypto gains and reclassifying digital assets in a bid to foster a more favorable investment environment by 2025, Bloomberg News reported Sept. 25.

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Positive
cover-imageCoinPedia
September 30, 2024

Crypto Rally Incoming? US Inflation Cooling Down, Says Powell

Federal Reserve Chair Jerome Powell, during the National Association for Business Economics (NABE) Annual Meeting, in Nashville, stated that the U.S. economy is doing well and has made notable progress over the past two years.

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Positive
cover-imageBitcoin
September 30, 2024

Coinshares: Inflows Into Digital Asset Products Reach $1.2 Billion

Coinshares, through its lead research analyst James Butterfill, has reported a third consecutive week of inflows into digital asset investment products. Total inflows amounted to $1.2 billion, reflecting a reaction to continued expectations of dovish U.S. monetary policy.

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