Indian cryptocurrency exchange CoinDCX is reducing its staff by 12%, after the platform’s revenues were hit by an ongoing slump in virtual currency trading https://www.bloomberg.com/news/articles/2023-08-22/indian-crypto-exchange-coindcx-cuts-staff-by-12?utm_source=telegram&utm_content=crypto&utm_medium=social
Bloomberg.com
Indian Crypto Exchange CoinDCX Cuts Staff by 12%
Indian cryptocurrency exchange CoinDCX is reducing its staff by 12%, after the platform’s revenues were hit by an ongoing slump in virtual currency trading.
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EDX Markets, the crypto exchange backed by Charles Schwab and Citadel Securities, is moving ahead with Anchorage Digital as its custodial partner https://www.bloomberg.com/news/articles/2023-08-22/citdael-backed-edx-taps-anchorage-to-custody-crypto-as-regulators-crack-down?utm_source=telegram&utm_content=crypto&utm_medium=social
Bloomberg.com
Citadel Securities-Backed EDX Taps Anchorage to Custody Crypto
EDX Markets, the crypto exchange backed by Charles Schwab and Citadel Securities, is moving ahead with Anchorage Digital as its custodial partner.
Crypto exchange Binance US is teaming up with MoonPay in an attempt to regain access to a steady flow of dollars https://www.bloomberg.com/news/articles/2023-08-22/crypto-exchange-binance-us-turns-to-moonpay-for-payments-after-us-banks-cut-ties?utm_source=telegram&utm_content=crypto&utm_medium=social
Bloomberg.com
Binance.US Looks to Crypto Startup MoonPay as Alternative After US Banks Cut Ties
Crypto exchange Binance.US has faced a series of legal and financial challenges as regulators have increased their scrutiny of crypto companies of all kinds. Now it’s teaming up with another embattled crypto firm in an attempt to regain access to a steady…
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BNB, the crypto at the heart of the Binance exchange ecosystem, is approaching its lowest price level in more than a year https://www.bloomberg.com/news/articles/2023-08-22/binance-s-bnb-token-approaches-more-than-year-low-as-regulatory-pressure-mounts?utm_source=telegram&utm_content=crypto&utm_medium=social
Bloomberg.com
Binance’s Token Approaches More Than One-Year Low as Regulatory Pressure Mounts
BNB, the cryptocurrency at the heart of the Binance exchange ecosystem, is approaching its lowest price level in more than a year as controversy swirls around the world’s largest digital-asset trading platform.
Europe finally has a Bitcoin ETF. Did it really need one, @Tanzeel_Akhtar asks in the Bloomberg Crypto newsletter https://www.bloomberg.com/news/newsletters/2023-08-22/jacobi-bitcoin-etf-met-with-social-media-shrugs-thin-trading-bcoin?utm_source=telegram&utm_content=crypto&utm_medium=social
Bloomberg.com
A Bitcoin ETF Debuts, But Traders Aren't Biting
In this issue of the Bloomberg Crypto newsletter, Tanzeel Akhtar explains why a Bitcoin “first” failed to excite:
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BlockFi, FTX and Three Arrows remain locked in a legal battle over billions of dollars in potential repayments https://www.bloomberg.com/news/articles/2023-08-22/blockfi-fights-ftx-three-arrows-over-potential-repayments?utm_source=telegram&utm_content=crypto&utm_medium=social
Bloomberg.com
BlockFi Fights FTX, Three Arrows Over Potential Repayments
Bankrupt crypto lender BlockFi Inc. wants to block attempts by FTX and Three Arrows Capital to get back billions of dollars exchanged between the firms before all three companies unraveled last year.
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This month’s crypto retreat may get worse if key charts for Ether prove prescient https://www.bloomberg.com/news/articles/2023-08-23/bitcoin-btc-rival-ether-s-eth-risky-chart-outlook-stirs-crypto-gloom?utm_source=telegram&utm_content=crypto&utm_medium=social
Bloomberg.com
Bitcoin Rival Ether’s Perilous Chart Outlook Adds to Crypto Gloom
This month’s crypto retreat may get worse if key charts for Ether, the second-largest token, prove prophetic.
The 20 members of the Bloomberg New Economy 2023 Class of Catalysts are using grit and technology to build a more equitable, sustainable world https://www.bloomberg.com/features/2023-catalysts-list/?utm_source=telegram&utm_content=crypto&utm_medium=social
Bloomberg.com
Bloomberg New Economy Announces 2023 Class of Catalysts
The 20 leaders on the Bloomberg New Economy Catalyst List are building a more equitable, sustainable world.
Mind if I scan your eyeball? https://www.bloomberg.com/news/newsletters/2023-08-23/worldcoin-s-eyeball-scanning-crypto-dream-is-under-threat?utm_source=telegram&utm_content=crypto&utm_medium=social
Bloomberg.com
Worldcoin’s Eyeball-Scanning Crypto Dream Is Under Threat
Here’s an update on how the Worldcoin crypto project has fared since its token launch. But first…
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Israeli police accuses businessman Moshe Hogeg and his partners of defrauding investors of $290 million in a cryptocurrency scam https://www.bloomberg.com/news/articles/2023-08-23/israeli-police-accuse-investor-hogeg-of-290-million-crypto-scam?utm_source=telegram&utm_content=crypto&utm_medium=social
Bloomberg.com
Israeli Police Accuse Investor Hogeg of $290 Million Crypto Scam
Israeli police accused businessman Moshe Hogeg and his partners of defrauding investors of $290 million in a cryptocurrency scam after a two-year investigation into the former owner of an Israeli Premier League soccer team.
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Copper’s chief marketing officer is leaving the company a little over a year into the role, marking the latest departure from the crypto custodian’s top ranks https://www.bloomberg.com/news/articles/2023-08-23/crypto-s-copper-adds-to-exits-with-marketing-boss-departure?utm_source=telegram&utm_content=crypto&utm_medium=social
Bloomberg.com
Crypto Custodian Copper Adds to Senior Exits With Marketing Boss Departure
Copper Technologies Ltd.’s chief marketing officer is leaving the company a little over a year after he was appointed, marking the latest departure from the London-based crypto custodian’s top ranks.
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Two founders of Tornado Cash were charged over allegations they helped launder hundreds of millions for a North Korean cybercrime organization https://www.bloomberg.com/news/articles/2023-08-23/tornado-cash-founders-charged-by-us-in-money-laundering-scheme?utm_source=telegram&utm_content=crypto&utm_medium=social
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Exchange operator Cboe can do future acquisitions and expand its global presence as long as the firm maintains a “flexible balance sheet,” CEO Edward Tilly says https://www.bloomberg.com/news/articles/2023-08-23/cboe-ceo-says-firm-is-open-to-acquisitions-in-open-jurisdictions?utm_source=telegram&utm_content=crypto&utm_medium=social
Bloomberg.com
Cboe CEO Says Firm Is Open to Acquisitions in Open Jurisdictions
Exchange operator Cboe Global Markets Inc. can do future acquisitions and expand its global presence due to its “flexible balance sheet,” according to Chief Executive Officer Edward Tilly.
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Bitcoin posted its biggest gain in almost six weeks amid increased optimism that central banks will pause interest-rate hikes that had helped to dent crypto’s appeal https://www.bloomberg.com/news/articles/2023-08-23/bitcoin-bounces-off-recent-lows-for-biggest-gain-in-six-weeks?utm_source=telegram&utm_content=crypto&utm_medium=social
Bloomberg.com
Bitcoin Bounces Off Recent Lows for Biggest Gain in Six Weeks
Bitcoin posted its biggest gain in almost six weeks amid increased optimism that central banks will pause interest-rate hikes that had helped to dent the appeal of cryptocurrencies.
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Crypto exchange Bitstamp will discontinue staking services in the US as the Securities and Exchange Commission cracks down on the product https://www.bloomberg.com/news/articles/2023-08-24/sec-crackdown-spurs-bitstamp-to-stop-us-crypto-staking-service?utm_source=telegram&utm_content=crypto&utm_medium=social
Bloomberg.com
SEC Crackdown Spurs Bitstamp to Stop US Crypto Staking Service
Bitstamp, one of the oldest digital-asset exchanges, will discontinue staking services in the US amid a crackdown on the product by the Securities and Exchange Commission.
Google, Amazon, X, Microsoft and other big names in tech own tools and platforms that are fueling the surge in deepfake porn https://www.bloomberg.com/news/articles/2023-08-24/google-microsoft-tools-behind-surge-in-deepfake-ai-porn?utm_source=telegram&utm_content=crypto&utm_medium=social
Bloomberg.com
Google and Microsoft Are Supercharging AI Deepfake Porn
To stay up and running, deepfake creators rely on products and services from Google, Apple, Amazon, CloudFlare and Microsoft
FTX is seeking to appoint the asset management arm of billionaire Michael Novogratz’s Galaxy Digital to oversee the bankrupt crypto exchange's hoard of tokens https://www.bloomberg.com/news/articles/2023-08-24/ftx-seeks-to-appoint-novogratz-s-galaxy-to-manage-crypto-hoard?utm_source=telegram&utm_content=crypto&utm_medium=social
Bloomberg.com
FTX Seeks to Appoint Novogratz’s Galaxy to Manage Giant Crypto Hoard
The administrators of FTX are seeking to appoint the asset management arm of billionaire Michael Novogratz’s Galaxy Digital Holdings Ltd. to help oversee the bankrupt exchange’s giant pile of digital tokens.
The equity lifeline used by many Bitcoin miners to help weather the most recent crypto winter is beginning to irk some shareholders https://www.bloomberg.com/news/articles/2023-08-24/bitcoin-miners-mara-riot-equity-lifeline-dilutes-shareholders?utm_source=telegram&utm_content=crypto&utm_medium=social
Bloomberg.com
Bitcoin Miners’ Stock Market Lifeline Becomes Irritant to Shareholders
The equity lifeline used by many Bitcoin miners to help weather the most recent crypto winter is beginning to irk some shareholders.
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Why FTX co-founder Sam Bankman-Fried is unlikely to get access to Adderall in jail https://www.bloomberg.com/news/articles/2023-08-24/why-ftx-s-sam-bankman-fried-is-unlikely-to-get-access-to-adderall-in-jail?utm_source=telegram&utm_content=crypto&utm_medium=social
Bloomberg.com
Bitcoin Miners’ Stock Market Lifeline Becomes Irritant to Shareholders
The equity lifeline used by many Bitcoin miners to help weather the most recent crypto winter is beginning to irk some shareholders.
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Vanguard's best-of-both-worlds stranglehold over the money-management industry is facing a new kind of challenger. https://www.bloomberg.com/news/articles/2023-08-24/vanguard-wannabe-faces-sec-battle-to-mimic-tax-slashing-funds?utm_source=telegram&utm_content=crypto&utm_medium=social
Bloomberg.com
Vanguard Wannabe Faces SEC Battle to Mimic Tax-Slashing Funds
Vanguard Group’s best-of-both-worlds stranglehold over the money-management industry is facing a new kind of challenger.
Sam Bankman-Fried has complained about the conditions at Brooklyn's Metropolitan Detention Center, including a lack of access to Adderall. Federal policies suggest he may have to go without https://www.bloomberg.com/news/articles/2023-08-24/why-ftx-s-sam-bankman-fried-is-unlikely-to-get-access-to-adderall-in-jail?utm_source=telegram&utm_content=crypto&utm_medium=social
Bloomberg.com
Why Jailed FTX Co-Founder Sam Bankman-Fried Is Unlikely to Have Access to Adderall
Life at Brooklyn’s notorious Metropolitan Detention Center has proved challenging for disgraced former crypto CEO Sam Bankman-Fried.
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