CME becomes second-largest Bitcoin futures exchange as open interest surges
The surge in CME Bitcoin futures OI has helped the regulated derivatives platform attain a 25% market share in Bitcoin futures. Go to Source
Month: October 2023
UK publishes plans for stablecoins regulation
Non-fiat-backed stablecoins will not be allowed into regulated payment chains. Go to Source
Bitcoin builder climbs Africa’s tallest mountain to raise awareness
Advocates for the Bitcoin Lightning Network and decentralized protocol NOSTR fueled Kweks’ Kilimanjaro climb. Go to Source
G7 countries to launch AI code of conduct: Report
The Group of Seven (G7) countries will agree on a voluntary AI code of conduct for companies developing AI to reference for mitigating risks and benefits of the technology. Go to Source
Singapore plans joint crypto pilots with Japan, Switzerland and UK
Singapore’s central bank and financial regulator is seeking closer cross-border collaboration for its asset tokenization project. Go to Source
Saudi’s NEOM partners with Animoca Brands for regional Web3 development
Saudi Arabia’s forthcoming regional development project, NEOM, has partnered with Animoca Brands to push Web3 in the region and a potential $50 million investment deal. Go to Source
Bitcoin price and energy use for mining highly correlated: UN Report
The UN scientists evaluated the activities of 76 Bitcoin mining nations during the 2020–2021 period and found that the global Bitcoin mining network consumed 173.42 Terawatt hours of electricity. Go to Source
Kraken will share data of 42,000 users with IRS
The information will be sent to the Internal Revenue Service in early November. Go to Source
Thailand’s KBank acquires crypto exchange business Satang
Thailand’s second-largest lender by assets, Kasikornbank, is moving into crypto by acquiring a majority stake in the local crypto business Satang. Go to Source
3 unique ways hackers are stealing your crypto: Bitrace Report
Crypto investors claiming “my coins disappeared suddenly” have been found to recently download crypto applications from unverified sources. Go to Source
