Changex combines crypto trading and lending with traditional banking features that also include an upcoming Visa debit card. Decentralized finance (DeFi) gave birth to a wide range of financial services that aim to challenge what traditional finance (TradFi) offers. However, the user experience persists as a major issue hindering the widespread adoption of DeFi apps...Continue Reading
Keep track of Grayscale’s victory over the SEC, Ben Armstrong getting the boot and delays for spot Bitcoin ETFs. Top Stories This Week Grayscale wins SEC lawsuit for Bitcoin ETF review Crypto asset manager Grayscale Investments recently scored a big win in its battle against the United States Securities and Exchange Commission. In an ongoing...Continue Reading
Bitcoin has neither broken out nor down, but the status quo still includes the risk of a trip to BTC price “bearadise.” Bitcoin (BTC) stayed below $26,000 into the Sep. 3 weekly close as analysis brushed off overly bearish trader sentiment. BTC/USD 1-day chart. Source: TradingView BTC price weekly close puts $25,900 in focus Data...Continue Reading
Deaton clarified that even if an appeal were possible in such a situation, the agency’s authority would be diminished. Amidst speculation regarding a potential resolution between Ripple and the United States Securities and Exchange Commission (SEC), attorney John Deaton, representing numerous XRP token holders, has outlined the possible steps the two parties might take if...Continue Reading
Cathie Wood, CEO of Ark Invest, shares her views on the intersection of Bitcoin and Artificial Intelligence, highlighting its economic implications. In a recent Twitter post, Cathie Wood, CEO of Ark Invest, expressed her positive view on the intersection of Bitcoin (BTC) and artificial intelligence (AI) In her tweet, Cathie Wood subtly hinted at the...Continue Reading
Binance CEO Changpeng “CZ” Zhao declares that the cryptocurrency industry will only become better as it becomes more decentralized. Binance CEO Changpeng “CZ” Zhao predicts that decentralized finance (DeFi) has the potential to surpass centralized finance (CeFi) in the next bull run. During a Sept. 1 live X Spaces (formerly Twitter Spaces), titled CZ AMA, CZ shared...Continue Reading
The payment to the American Yacht Group was disclosed under the category of payments benefiting any insider within one year prior to the crypto exchange collapse. FTX Debtors have disclosed a series of financial statements revealing transactions that benefited company executives shortly before the major cryptocurrency exchange’s collapse in November 2022. In a recent court...Continue Reading
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