Jack Dorsey’s ₿trust acquires African Bitcoin organization Qala
As part of the acquisition, Qala rebrands as the ₿trust Builders Programme and aims to drive the development and education across the Global South. Go to Source
Cryptocurrencies
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Nima Capital goes dark after dumping 9M SNY tokens, community calls it VC rug
The VC firm had received a grant from the project in return for locking $40 million worth of liquidity in SYN. Go to Source
Crypto collapses generate hundreds of millions of dollars for lawyers
Lack of cryptocurrency regulations have made the legal work on crypto bankruptcies more difficult and expensive, FTX lawyers said. Go to Source
South Korean Hana Bank enters crypto custody business with BitGo
KEB Hana Bank and BitGo plan to launch a joint cryptocurrency custody venture in the second half of 2024. Go to Source
Grayscale victory, SEC delays decision on Bitcoin ETFs: Law Decoded
Grayscale victory doesn’t help Bitocoin spot ETF approval on first deadline as SEC postpones decison to next deadline. Go to Source
Former MAS chair who called crypto ‘highly risky’ wins Singapore’s presidential race
Tharman Shanmugaratnam has served as Singapore’s finance minister and the head of the country’s financial regulator during his time in government. Go to Source
OKX crypto exchange enters final stage of Hong Kong VASP license application
Hong Kong regulators have only approved a handful of crypto exchanges to date that are permitted to offer crypto retail trading services. Go to Source
Binance head of product quits as executive exodus continues
Binance’ product lead Mayur Kamat says he is passing the baton to “next gen leaders” to take some time off after years of product work. Go to Source
Web3’s Swiss Army knife of personal finance Changex joins Cointelegraph Accelerator
Changex combines crypto trading and lending with traditional banking features that also include an upcoming Visa debit card. Go to Source
Attorney outlines Ripple-SEC settlement path amid Coinbase case impact
Deaton clarified that even if an appeal were possible in such a situation, the agency’s authority would be diminished. Go to Source