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Binance pulls out of FTX takeover

/crypto

Binance pulls out of FTX takeover

Binance says it will not go ahead with plans to buy FTX, citing the results of due diligence and reports of US regulatory investigations into its rival crypto exchange.

Binance to buy troubled rival FTX

/crypto

Binance to buy troubled rival FTX

Facing up to a liquidity crunch, crypto exchange FTX has agreed to sell itself to rival Binance. Terms have not been disclosed.

US authorities seize 50,000 bitcoin related to Silk Road

/crypto

US authorities seize 50,000 bitcoin related to Silk Road

US authorities say they have seized more than 50,000 bitcoins - now valued at around $1 billion - related to the Silk Road dark web marketplace.

Gate.io launches crypto payment product

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Gate.io launches crypto payment product

US-based Gate.io, one of the largest crypto exchanges in operation, is set to branch out into the payments sector.

Philanthropy is facing a ‘triple squeeze’ and digital assets can help - Citi

/crypto

Philanthropy is facing a ‘triple squeeze’ and digital assets can help - Citi

Citibank’s recent report ‘Philanthropy and the Global Economy’ has found that digital assets can be the future of philanthropy in wake of the cost of living crisis. Amy Thompson, report author, and Ronit Ghose, global head of future of finance at Citi, sat down with Finextra to discuss the significance of this report in light of the cost of living crisis.

Santander imposes limits on payments to crypto exchanges

/crypto

Santander imposes limits on payments to crypto exchanges

Citing rising fraud, the UK arm of Santander is putting in place a £3000 monthly limit on payments to cryptocurrency exchanges.

Singapore Fintech Festival 2022: Ethereum’s Vitalik Buterin on the success of The Merge

/crypto

Singapore Fintech Festival 2022: Ethereum’s Vitalik Buterin on the success of The Merge

Ethereum co-founder Vitalik Buterin graced the main stage at Singapore Fintech Festival to highlight successes since The Merge in September 2022.

Singapore Fintech Festival 2022: MAS MD Menon equates fintech transformation to Wu Xing

/crypto

Singapore Fintech Festival 2022: MAS MD Menon equates fintech transformation to Wu Xing

Day two of Singapore Fintech Festival kicked off with Ravi Menon, managing director of the Monetary Authority of Singapore on the global plenary stage highlighting that innovation and digitalisation of financial services has marched on, gathered pace, and has become more pervasive.

Goldman, MSCI and Coin Metrics launch digital asset classification system

/crypto

Goldman, MSCI and Coin Metrics launch digital asset classification system

Goldman Sachs has joined forces with MSCI and Coin Metrics to launch a classification system, called datonomy, for the digital assets market.

Binance chief downplays CBDC threat to crypto

/crypto

Binance chief downplays CBDC threat to crypto

Central bank digital currencies (CBDCs) do not pose a threat to cryptocurrencies and would actually help build trust among sceptics by validating the underlying blockchain technology.

Bitwise launches active crypto fund

/crypto

Bitwise launches active crypto fund

The world's largest crypto index fund manager, US-based Bitwise, is expanding from passive to active management in an effort to attract more institutional investors.

BIS and three central banks to test cross-border CBDCs using DeFi protocols

/crypto

BIS and three central banks to test cross-border CBDCs using DeFi protocols

The Bank for Inernational Settlements is working with three central banks to explore cross-border CBDC trading and settlement using DeFi protocols.

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