Update (Oct. 3, at 2:00 pm UTC): This article has been updated to add commentary by Slava Demchuk, the CEO of blockchain forensics and cybersecurity firm AMLBot. The United Kingdom is again pressuring Apple to create a backdoor into its encrypted iCloud backup services, raising alarm among cybersecurity and crypto advocates. According to the Financial…
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Financial services holding company Nomura Holdings is preparing to expand into Japan’s cryptocurrency market through its Switzerland-based subsidiary, Laser Digital Holdings. A Laser Digital spokesperson confirmed Friday that the unit is in pre-consultation talks with Japan’s Financial Services Agency (FSA) and intends to apply for a license to offer crypto trading services to institutional investors…
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Wall Street’s growing interest in late-stage cryptocurrency firms could disrupt the traditional boom-and-bust cycle of digital assets, according to new research. Crypto financial services firm Matrixport said Friday that more than $200 billion worth of crypto companies are preparing initial public offerings (IPOs), which may raise between $30 billion and $45 billion in new capital.…
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Key points: Bitcoin futures buy volume indicates that traders are becoming increasingly long-term bullish on BTC this month. The $110,000 “gap” in CME Group’s Bitcoin futures remains unfilled. Bitcoin ETF options experience a spike in popularity as IBIT open interest nears $40 billion. Bitcoin (BTC) derivatives traders are flipping “aggressively long” as price squeezes closer…
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Kazakhstan is moving forward with a dual-track approach to digital assets, piloting its central bank digital currency (CBDC) while also backing a state-linked stablecoin. In September, the National Bank of Kazakhstan launched the Evo stablecoin in collaboration with Solana and Mastercard, marking one of the first cases of state-backed stablecoin development worldwide. The central bank…
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Michael Saylor’s digital asset treasury firm, Strategy, has just hit a new all-time high in crypto value, now worth more than several leading banks and equivalent to the gross domestic product of some nations. “Our journey began with $0.25 billion in Bitcoin — and an immediate $0.04 billion unrealized loss,” said Saylor on Thursday, noting…
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Etsy witches have become a massive trend on social media this year — from romance spells to helping manifest fame. Did you know they can also apparently help you become a crypto millionaire? The practice of witchcraft, once punishable by death by fire (or being pushed off a cliff), has become a talking point on…
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Canary Capital’s spot Litecoin exchange-traded fund is in limbo after the US Securities and Exchange Commission took no action on Thursday, the original deadline for it to make a decision. The SEC’s silence has left the crypto community uncertain about how the regulator will function amid a federal government shutdown and how its new generic…
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US Senator Ted Cruz of Texas has blocked a privacy bill that seeks to protect all Americans from having their personal information exposed by data brokers — arguing that law enforcement needs access to some data and that the bill requires refinement. The Bitcoiner was the only US senator to object to Democrat Senator Ron…
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New York State Senator Liz Krueger introduced a bill on Wednesday to impose excise taxes on energy used by crypto mining companies operating facilities in the state. The proposed excise tax, which is not the first legislative initiative of its kind, will be levied in tiers, with no charge for miners consuming 2.25 million kilowatt-hours…
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