The Activity of BUSD Addresses is Weakening: Report
The number of transactions with Binance USD (BUSD) has dropped to its lowest level since mid-2021, as observed by Glassnode.
Gemini Rolls Out a Crypto Derivatives Exchange
Crypto exchange Gemini announced last month the launch of its own platform for crypto derivatives, available to investors outside of US jurisdiction.
a16z Urges UK Government to Take More Nuanced Approach to Crypto Regulation
A16z crypto has urged the UK to take a “more nuanced approach” to the regulation of digital assets as the country considers a new framework for both trading and lending.
Ark Invest Spends $8.4M to Buy Coinbase Shares
US investment management firm Ark Invest added yesterday 129,604 Coinbase shares worth over $8.4 million.
Poloniex Will Pay $7.6M in Settlement with OFAC
The Office of Foreign Assets Control (OFAC) has determined that the platform had conducted 66,000 transactions worth more than $15.3 million in “prohibited jurisdictions.”
SEC Fines Crypto ATM Provider Coinme Almost $4 Million
Coinme, Up Global, and Neil Bergquist, CEO of both firms, have settled a dispute with the US Securities and Exchange Commission (SEC).
Block Develops Prototype Chip for Crypto Mining
Jack Dorsey’s Block has announced the completion of a prototype open source Bitcoin mining ASIC chip.
