Crypto

Chinese gov't mulls anti-money laundering law to 'monitor' new fintech

According to the Chinese government, 1,391 individuals have been prosecuted on money laundering-related charges in the first half of 2024. Source link

Crypto

OpenAI fundraising could push valuation to $150B

As fundraising unfolds, OpenAI’s valuation is expected to reach $150 billion. Several tech giants, including Apple and Nvidia, are reportedly backing the round.  Source link

Crypto

Bitcoin ‘could very well catch fire’ as next generation of investors mature

Economist and podcast host Suze Orman is bullish on Bitcoin, but says ETFs are the way to go. Source link

Crypto

US prosecutors allegedly link ex-FTX exec to Chinese bribery scandal

Notes from a 2023 conference call between Assistant US Attorneys revealed allegations against Ryan Salame tied to Alameda Research’s bribery scheme in China.  Source link

Crypto

BNB Chain DEX volumes drop 24% in a week — Is BNB in trouble?

BNB price has struggled, but some investors claim Changpeng “CZ” Zhao’s release will pump BNB price even as network fundamentals worsen. Source link

Crypto

Bitcoin price volatility expected at Fed September FOMC meeting — Here’s how to prepare

Bitcoin traders expect BTC to rally if the Fed rolls out a 0.50% rate cut, but hedging these bullish positions is also necessary. Here is

Crypto

Ondo’s USDY yield coin expands to Arbitrum

Tokenized treasury products are gaining widespread adoption on blockchain networks. Source link

Crypto

Breaking: Telegram CEO Pavel Durov allegedly arrested in France

Reports are trickling in via social media, but so far, we haven’t seen any official confirmation. Source link

Crypto

Picking winners in the next cycle — Wyoming Blockchain Symposium VC panel

Crypto startup companies attracted $2.7 billion in venture capital funding during the second quarter of 2024. Source link

Crypto

WazirX restores balances post-hack, withdrawal timeline unclear

The delay in withdrawals has impacted individual investors and raised concerns about the overall security and reliability of cryptocurrency exchanges. Source link