AI and blockchain will ‘reshape sectors’ and create new markets from scratch — Moody’sAccording to an analysis from Moody’s Investors Service, AI and distributed ledger technologies are set to disrupt companies, industries and economies across the globe.Sep 7, 2023Ana Paula Pereira
‘NFTs will win on Bitcoin’ — OnChainMonkey NFT collection ditches EthereumMetagood CEO Danny Yang attributed the move to the Bitcoin network being seen as a more secure platform for its users, among other reasons.Sep 7, 2023Brayden Lindrea
Binance to reimburse users $1M for Cyber Earn incidentUsers were prevented from withdrawing their CYBER Earn assets on the exchange due to a cross-chain bridging issue.Sep 7, 2023Zhiyuan Sun
Bitcoin price faces 200-week trendline as US dollar hits 6-month highBTC price centers on the 200-week exponential moving average, while analysts warn that Bitcoin and risk assets are in danger from a surging dollar.Sep 7, 2023William Suberg
Binance’s indecision to freeze BNB wallets drew controversy in this $11M rug pullAs it turns out, Binance does, in fact, have the power to freeze private wallet addresses on BNB Chain — albeit only with the consensus of all its validators.Sep 7, 2023Tom Blackstone
Ripple CTO says ‘tide is turning’ on US regulatory environment David Schwartz believes the U.S. legal system is looking more skeptically at SEC cases against various cryptocurrency industry participants.Sep 7, 2023Gareth Jenkinson
Crypto whale loses $24M in staked Ethereum to phishing attackA significant portion of the stolen funds has been transferred into the fully automatic cryptocurrency exchange FixedFloat.Sep 7, 2023Helen Partz
Taiwan to restrict unregistered, noncompliant foreign crypto exchangesTaiwan’s crypto watchdog has drafted 10 guiding principles for virtual asset service providers operating in the country.Sep 7, 2023Ezra Reguerra
Ron DeSantis’ falling polls: Could crypto lose its candidate?The politician faces harsh competition from pro-crypto candidates of all sorts, with his already shaky popularity in the polls declining.Sep 7, 2023David Attlee
NFT Collector: Creative AI art, Tomorrowland sells tomorrow’s futureAI art is gaining acceptance while Squiggles inch closer to the finish line.Sep 7, 2023Greg Oakford
Polygon Foundation denies MATIC dump on Binance, claims wallets were mislabeled Nansen, which was responsible for labelling these wallets, claimed that these addresses showed strong links to Polygon; however, it removed the label after Polygon CEO’s public refute.Sep 7, 2023Prashant Jha
Bitcoin price can hit $46K by 2024 halving — Interview with FilbfilbBitcoin has the fuel to claw back some lost ground by the end of the year, but hodlers should be prepared for BTC price local lows first, says the DecenTrader co-founder.Sep 7, 2023William Suberg
Binance crypto exchange saw 10 key execs leave in 2023. Here’s the listBinance CEO Changpeng Zhao sought to dismiss concerns around executive departures, claiming they are moving into bigger roles outside Binance, and said reports are market FUD.Sep 7, 2023Prashant Jha
IMF, FSB release joint policy recommendations for crypto assets at request of G20The policy paper includes recommendations for regulating activities related to stablecoins and decentralized finance (DeFi) and was requested by the Indian presidency of the G20.Sep 7, 2023Ezra Reguerra
Marketing company wants 90% of Japanese population on Web3: KBW 2023Ava Labs head of product Nick Mussallem explained how Japanese company Loyalty Marketing is aiming to introduce Web3 to its 100 million users.Sep 7, 2023Ezra Reguerra
Palau to freeze USD-backed stablecoin after pilot launch in JulyPalau’s USD-backed stablecoin build on XRP Ledger will be frozen on Sept. 15 as the government will be collecting feedback from users to shape the way ahead.Sep 7, 2023Helen Partz
AI-generated Drake song up for Grammy nominationA hit track made from an AI-generated vocal track of the rapper Drake has been submitted to the Recording Academy for Grammy nomination in two categories.Sep 7, 2023Savannah Fortis
EU finance chief: Don’t rush digital euro before new Commission in June 2024Mairead McGuinness believes that the CBDC project should be approached “quietly and slowly” by the next European Commission.Sep 7, 2023David Attlee
Nigeria central bank missed opportunity for blockchain regulation in 2021 — Convexity CEOAdedeji Owonibi stated that the Central Bank of Nigeria should have created a blockchain regulation strategy in 2021 instead of cutting ties between cryptocurrency exchange firms and local banks.Sep 7, 2023Amaka Nwaokocha
US Treasury, IRS propose cryptocurrency regulations for brokersBrokers — referred to as “digital asset middlemen” in the regulatory proposal — will be required to provide information on gains and losses incurred during the sale of crypto assets.Sep 7, 2023Arijit Sarkar
Google makes AI disclosure mandatory in political campaign adsGoogle updated its political content policy to take effect starting November 2023, which will mandate disclosure of all AI-generated content in election ads.Sep 7, 2023Savannah Fortis
Casa wallet launches Ethereum vault relay service for increased user privacyPrivate key manager Casa has launched a transaction relay feature to offer Ethereum users more privacy when transacting from their personal vaults.Sep 7, 2023Gareth Jenkinson
Nigeria’s Web3 education efforts seek to tackle language challengesBello Usman Abdullahi, the chief operating officer of the blockchain education platform Bitkova Academy, said the language barrier is one of the current major challenges.Sep 7, 2023Amaka Nwaokocha
Former OpenSea manager withdraws application for bail pending appealThe attorneys representing Nathaniel Chastain informed the court that Chastain will self-surrender on Nov. 2 to begin serving his sentence.Sep 7, 2023Martin Young
Rejection of crypto bill exposes Aussies to ‘unregulated market’ — Senator BraggAustralian Senator Andrew Bragg says a rejection of his crypto bill would drive investment away from the country, but a lawyer says the work that went into the bill will inform the government’s approach.Sep 7, 2023Tom Mitchelhill
FASB rules ‘eliminate the poor optics’ that detered firms from crypto: Analyst“The change should help MicroStrategy and other companies that hold digital assets to eliminate the poor optics that have been created by impairment losses,” Berenberg Capital analysts say.Sep 7, 2023Martin Young
VanEck, ARK filings officially start clock for spot Ethereum ETFs: AnalystBloomberg ETF analyst James Seyffart expects more spot Ethereum ETFs to be filed in the coming days.Sep 7, 2023Brayden Lindrea
Celsius Network files ‘adversary complaint’ against EquitiesFirstBankrupt crypto lender Celsius Network is attempting to recover assets from a private lender called EquitiesFirst Holdings, which reportedly owes $439 million in cash and crypto.Sep 7, 2023Tom Mitchelhill
Change to US accounting rules will be a boon to companies holding crypto in 2025The Financial Accounting Standards Board has recommended recording crypto at fair market value on corporate balance sheets, removing possibly significant impairments but adding to volatility.Sep 6, 2023Derek Andersen
Following SEC delays, ARK Invest and 21Shares file for spot Ether ETF The two firms currently have a spot Bitcoin exchange-traded fund being reviewed by the SEC and recently proposed listings of two Ether futures ETFs.Sep 6, 2023Turner Wright