Coinspeaker Changpeng Zhao Faces Travel Restrictions amid Plea Deal and Legal Battle In a recent development in the legal saga surrounding Binance Holdings Ltd‘s former CEO Changpeng ‘CZ’ Zhao, prosecutors are intensifying efforts to keep him within the United States ahead of his sentencing hearing on February 23, 2024. This follows Zhao’s guilty plea on […]
DEX Platform KyberSwap Faces Exploit Losing $47M
Coinspeaker DEX Platform KyberSwap Faces Exploit Losing $47M KyberSwap, a decentralized exchange (DEX) protocol, has reportedly experienced a $47 million exploit, based on on-chain data. The funds were associated with its Elastic Pools liquidity solution. Unexpectedly, funds from wallets linked to the protocol moved to a single wallet, as highlighted by a user known as […]
United Kingdom Seeks to Strengthen Its Digital Asset Sector
Coinspeaker United Kingdom Seeks to Strengthen Its Digital Asset Sector Recent efforts by the United Kingdom (UK) suggest that the nation may be looking to expand its digital assets sector. This follows the news that British Finance Minister Jeremy Hunt recently announced new legislation to that effect. This statement came alongside a mini-budget of 110 measures […]
Austria’s Raiffeisen Bank to Launch Retail Crypto Trading Services for Customers in Vienna
Coinspeaker Austria’s Raiffeisen Bank to Launch Retail Crypto Trading Services for Customers in Vienna Austria’s financial landscape is gearing up for a major transformation as Raiffeisen Bank International announces the launch of its crypto trading services for retail customers, CoinDesk reported, citing an interview with the company’s head of innovation, Curt Chadha. According to the […]
Netflix Director Carl Rinsch Spent $4M of Production Budget on Dogecoin and Made $27M
Coinspeaker Netflix Director Carl Rinsch Spent $4M of Production Budget on Dogecoin and Made $27M A Hollywood movie director is making the news for receiving millions of dollars to fund a project that may never see the light of day, and using the show’s budget to invest in Dogecoin (DOGE). Carl Erik Rinsch, who also […]
Bank of Korea to Involve 100K Citizens in CBDC Testing
Coinspeaker Bank of Korea to Involve 100K Citizens in CBDC Testing South Korea, through its apex bank – The Bank of Korea (BOK) – has revealed its plans to begin testing its central bank digital currency (CBDC) in 2024. A local news outlet Korea Times confirmed the report, saying that the testing will begin either […]
Grayscales Files Updated Spot Bitcoin ETF Application with US SEC after Binance’s Forced Exit
Coinspeaker Grayscales Files Updated Spot Bitcoin ETF Application with US SEC after Binance’s Forced Exit After the United States Department of Treasury purged Binance Holdings Ltd’s operations in the country, the pathway for spot Bitcoin exchange-traded funds (ETFs) was clear. Around the same time, Grayscale Investments, a digital asset management company owned by Digital Currency […]
BlackRock and SEC Discuss iShares Bitcoin Trust Listing on Nasdaq
The SEC is reviewing multiple proposals for iShares Bitcoin Trust’s listing as a spot Bitcoin ETF on Nasdaq, marking a significant step in mainstream cryptocurrency acceptance. (Read More)
Sam Altman Reinstated as OpenAI CEO Amid Board Restructuring
Sam Altman returns as OpenAI’s CEO, with a reconstituted board, after a brief ouster, underscoring his pivotal role in the AI industry. (Read More)
New Research Center Opens In Serbia’s Capital To Drive Bitcoin Innovation
Belgrade, the capital of Serbia, welcomes the inception of HUB21, a pioneering non-profit association dedicated to education, fostering research, and creating networking avenues within the global Bitcoin design and development ecosystem, according to a press release sent to Bitcoin Magazine. The association’s launch aims to bridge the gap in understanding and participation in Bitcoin within […]