News
Mark Zuckerberg’s jiu-jitsu or Elon Musk’s street-fight ‘walrus’ — Who will win?
While Musk has a bigger frame and height advantage at 6’1, Zuckerberg has now been training in Brazilian Jiu-Jitsu for nine months. Meta founder and CEO Mark Zuckerberg has emerged as a clear favorite among betters in a proposed “cage match” with Twitter owner and...
Banking is ‘slowly dying’ — Former TradFi execs on reasons for joining crypto
Cointelegraph spoke to former senior executives in traditional finance who've made the move to crypto. Would they ever go back? Despite plenty of regulatory action in the United States and an ongoing crypto winter, former TradFi executives, now in crypto, said there’s...
Crypto firms tout ‘fictitious’ regulatory stamps, Canadian regulator warns
"Fake" regulatory and dispute resolution entities are being used to make some crypto providers look legitimate, warns the Canadian Securities Administrators. Canadian citizens are being advised to double-check crypto trading service providers, as the platforms may be...
Binance’s BNB Chain introduces layer-2 testnet powered by Optimism
The Binance-founded blockchain has introduced a new layer-2 chain opBNB, though some suggest there are other ways to scale the network. Binance-founded layer-1 blockchain BNB Chain has introduced a new layer-2 chain it hopes to address its “scalability challenge.”On...
Twitter suspends memecoin-linked AI bot after Elon Musk’s ‘scam crypto’ claim
"Explain This Bob," the popular AI-powered Twitter account also linked to a memecoin, was suspended shortly after Elon Musk alleged it was a "scam." Twitter has suspended the account of the popular memecoin-linked artificial intelligence-powered bot “Explain This Bob”...
Ripple case nears conclusion, but the fight for clarity must ‘continue’ – Brad Garlinghouse
In a video posted to Twitter, Ripple CEO Brad Garlinghouse opined that the U.S. financial watchdog acted in "bad faith, plain and simple." He warned that it is only the beginning of the battle for "so many other" crypto firms. Ripple CEO Brad Garlinghouse has warned...
Crypto payments platform Wyre shutters citing bear market conditions
Wyre has begun the process of winding down and noted that interested parties can now start inquiring about purchasing the firm’s assets. San-Francisco-based crypto payments firm Wyre is shutting down after almost 10 years in business, citing the financial challenges...
BlackRock’s Bitcoin ETF ‘is the best thing to happen’ to BTC, or is it?
Galaxy Digital CEO Mike Novogratz was among those over the moon with the news, others warn it could be the start of a major institutional takeover. BlackRock’s latest filing for a spot Bitcoin (BTC) trust will drive investors’ confidence in Bitcoin and may even be...
Institutional crypto broker FPG halts withdrawals after $20M cyberattack
Floating Point Group informed customers that withdrawals had been halted after experiencing a security breach on Sunday evening. Cryptocurrency brokerage firm Floating Point Group (FPG) has confirmed it has halted trading, withdrawals and deposits on its platform...
Privacy should be considered in ‘potential retail CBDC’ — Treasury official
U.S. Treasury official Graham Steele told an audience at a Texas payments conference that a future CBDC in America should consider anonymity. Privacy and the ability to transact anonymously should be considerations in the design of a digital dollar, a United States...