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Binance Japan is partnering with Mitsubishi UFJ Trust Bank (MUTB) to create new stablecoins pegged to major currencies in Japan. The partnership will launch stablecoins pegged to fiat currencies, such as the Japanese Yen, and other foreign currencies, such as the U.S. Dollar.
The stablecoins will be...
As the decentralization of finance continues to steer the course of modern financial systems, the interplay between traditional bank savings and web-based liquid staking is something most may not fully comprehend.
Let's break the topic down using the 'Explain Like I'm 5' (ELI5) concept.
ELI5: Liquid...
Recently leaked documents reveal that tech giant Microsoft plans to integrate cryptocurrency wallets into its Xbox gaming console.
The leaked internal documents posted on the gaming forum ResetEra show that the Xbox roadmap for May 2022 included crypto wallet support. However, specifics about this p...
News
26 Sep 2023
Bitboy’s Ben Armstrong had gun ‘on the back seat’ while arrested ranting on livestream
Ben Armstrong, founder of the popular cryptocurrency YouTube channel BitBoy Crypto, was arrested during a bizarre livestream rant outside a private residence on Saturday.
The rambling, one-sided conversation appeared to show Armstrong accosting someone named Carlos Diaz, whom he accused of stealing ...
News
26 Sep 2023
SBF lawyers again plead for temporary release during trial with less than 1 week to go
According to a recent court filing, the defense team for FTX founder Sam Bankman-Fried has renewed their request for his temporary release during the upcoming trial, citing difficulties preparing an adequate defense under current restrictions.
As the letter to Judge Kaplan explained, Bankman-Fried's...
There is nothing in the world that is more scrutinized than money. How could it not be when money relays information on the value of…everything? And all economic activity arises from that record-keeping, if it is conducted accurately.
When Bitcoin launched in 2009, it opened a new door, a new perspe...
Bitwise has added new material to its application for a spot Bitcoin exchange-traded fund (ETF), the company's CIO Matt Hougan said on Sept. 25.
Hougan suggested that if the U.S. Securities and Exchange Commission (SEC) ultimately does not approve a spot Bitcoin ETF following recent developments, ap...
The U.S. Securities and Exchange Commission (SEC) on Sept. 23 filed an objection to part of a reorganization plan advanced by bankrupt crypto firm Celsius.
That filing indicates that Celsius aims to have the crypto exchange Coinbase act as a distribution agent and return funds to former users affect...
ChatGPT will soon offer new features that allow users to engage with it through images and voice recognition, according to an announcement from OpenAI on Sept. 25.
OpenAI announced that users will be able to interact with ChatGPT using voice commands, enabling a more personalized user experience. Th...
News
25 Sep 2023
Justin Sun confirms $8M HTX exploit; attacker offered 5% bounty and a security advisor role to return funds
Crypto entrepreneur and HTX global adviser Justin Sun confirmed today that the exchange was compromised in an exploit that resulted in a loss of $7.9 million.
Web3 security firm Cyvers first reported the hack, noting that its system detected a suspicious transaction involving the exchange on Sept. 2...
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