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The U.S. Treasury Department's Office of Foreign Asset Control listed two crypto addresses tied to Sinbad, a mixing service, in its latest sanctions list.

#finance #news #funding rounds #jump trading group #wormhole

Wormhole, which was recently separated from parent Jump Trading Group after it scaled back its crypto operations, is a developer platform which allows different blockchain networks to communicate with each other.

Copper Securities is working with Abu Dhabi’s Financial Services Regulatory Authority to have the appropriate approvals in place by early 2024.

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Experts say AI has huge potential in smart contract audits and crypto security in future. Unfortunately, ChatGPT sucks at it right now.

#news #technology #exclusive #bnb chain #layer 2s #transaction fees

The roadmap paves the way for heightened performance for the layer-2 blockchain developed by BNB Chain.

The token will be accessible to retail investors who don’t usually have the opportunity to invest in private companies without large checks and accreditation.

Poloniex says it will start resuming deposits on Nov. 30 with TRX, the cryptocurrency of Justin Sun’s Tron blockchain.

Backed by Polychain, Bioniq uses Internet Computer like a Bitcoin layer-2, tapping into its time and cost savings via wrapped assets.

Bioniq operates on the Internet Computer Protocol, tapping into native Bitcoin integration to ease the network congestion and high fees associated with Ordinals inscriptions.

An unconfirmed report suggests Taurus will provide crypto custodial services to Spanish fin-serv giant Banco Santander.

Ocean, which raised $6.2 million in a funding round led by Jack Dorsey, plans to enable miners to get block rewards directly from Bitcoin.

The latest price moves in bitcoin [BTC] and crypto markets in context for Nov. 29, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

The group reportedly said Wednesday that it has "no indications of violations of money laundering and terrorist financing laws."

Santander Private Bank last week said it was offering bitcoin and ether trading for clients with accounts in Switzerland.

#technology #news_analysis #analysis #paradigm #yield farming #yield #ponzi #ponzi scheme #pacman #pyramid scheme

The idea of a yield-paying layer-2 blockchain atop Ethereum has clearly demonstrated market allure. But even the project's biggest investor has taken issue with the execution and marketing surrounding the initial rollout.

#news #policy #regulations #crypto #ecb #eu #banking

But supervision of bank-like crypto firms could be a pain for regulators, said Andrea Enria, chair of the supervisory board at the European Central Bank.

#news #technology #dogecoin #space #elon musk

Doge-1 is a cube satellite that will orbit the moon and broadcast a video feed.

The funding round was led by G1.VC, Spirit Blockchain, Good News Ventures, K2.CA and Atoia Ventures, with Mintfox also participating.

#news #policy #regulations #crypto #nft #uk #tax

The Treasury encouraged users to voluntarily disclose unpaid income or capital gains tax from crypto, NFT and utility token holdings.

#news #policy #binance #philippines #regulation

The regulator is also seeking to have the platform blocked in the country.

While Ether represents 50% of the total crypto donations made to Save the Children’s HODL Hope Campaign, Bitcoin donations amount to 34% of the lot so far.

The Singapore-based firm has proposed to pay creditors 3.35 cents on the dollar in its latest restructuring plan, according to Bloomberg, which cites people familiar with the matter.

Bitcoin whales may yet spark mass profit-taking should BTC price action target $40,000 or higher.

#news #policy #regulations #crypto #bis #cbdc

The project is a first step in exploring privacy, security and scalability for central bank digital currency design, a report on the BIS initiative said.

According to the Philippines SEC, entities involved in promoting or trading on Binance could face up to 21 years of imprisonment and $90,000 in penalties.

Due to UAE’s National Day, Phoenix Group’s public trading launch on the Abu Dhabi Securities Exchange has been moved to Dec. 5, 2023.

Crypto market capitalization rose 2.3% in the past 24 hours.

The deal would see DCG repay $275 million it owes to Genesis by April.

Binance is paying literally billions of dollars and giving the U.S. government unfettered access to its books, while its founder and former CEO Changpeng Zhao is looking at maybe a year and a half in federal prison. But Binance the exchange is still operating, while federal prosecutors are admitting in court filings that CZ still has most of his money.

#charlie munger #investment #philosophy #tech stocks #valuation #market volatility #macroeconomy

Legendary investor Charlie Munger may have once called Bitcoin “rat poison squared” — but that doesn't mean crypto traders should ignore his years of investing wisdom.