Japanese Web3 developer HashPort Group raises $8.5M in funding round
The funds will be used to aid the firm’s global expansion across tough regulatory landscapes. Go to Source Powered by WPeMatico
Cryptocurrencies
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Binance, CZ challenge CFTC, seek lawsuit dismissal
They pointed out that the CFTC is attempting to regulate foreign individuals and corporations operating outside the United States, going beyond the limits of its statutory jurisdiction. Go to Source Powered by WPeMatico
Elon’s ‘not afraid of blowing things up’ — ex-Twitter exec on working under Musk
Esther Crawford claimed Elon Musk’s inability to handle criticism created a “zealous and fanatical” inner circle. Go to Source Powered by WPeMatico
‘Pro crypto bill’ passes out of US House Agriculture Committee
The Republican bill, dubbed FIT for the 21st Century, was drafted by two House committees and passed after strenuous preparations by members of both parties. Go to Source Powered by WPeMatico
99-year-old Hungarian artist’s computer generated NFTs sold for $1.2M
Vera Molnár pioneered the use of computer-generated art in the latter half of the 20th Century. Go to Source Powered by WPeMatico
Bitget exec discusses limitations and benefits of CTA AI trading bot
The bot is the third in a series of AI-trading initiatives launched this year. Go to Source Powered by WPeMatico
ERC-20 inventor discusses origins, new blockchains, BRC-20 and more
Fabian Vogelsteller has been working full-time to create his new blockchain since 2018, with its mainnet launching just this May. Go to Source Powered by WPeMatico
Canada proposes new capital rules for crypto holdings
The Office of the Superintendent of Financial Institutions (OSFI) is opening public consultations on two draft guidelines updating its capital and liquidity approach to crypto assets. Go to Source Powered by WPeMatico
Existential threat? Why some banks are anxious about CBDCs
The prospect of a retail CBDC has some major banks anxious over their revenue streams. Go to Source Powered by WPeMatico
Binance lists new zero trading fee stablecoin, halts shortly after on technical issues
Ahead of the launch, Binance said it would offer zero maker fees for all FDUSD trading pairs. Go to Source Powered by WPeMatico