CFTC Chair Rostin Behnam disagrees with Gary Gensler on the state of digital asset regulation
CFTC Chair Rostin Behnam disagrees with Gary Gensler on the state of digital asset regulationThe CFTC chair issued some of his firmest statements to date on the need for new crypto regulation in stark contrast to his SEC counterpart.
Happy Tuesday!The global crypto market cap is $1.08 trillion, with a 24-hour volume of $39.12 billion. The price of Bitcoin is $27,398.03, and BTC market dominance is 49.4%. The price of Ethereum is $1,651.11, and ETH market dominance is 18.3%. The best-performing sector is Travel, which gained 7%. The Crypto Fear & Greed Index is currently Neutral (50). Top News
CFTC Chair Rostin Behnam disagrees with Gary Gensler on the state of digital asset regulationThe CFTC chair issued some of his firmest statements to date on the need for new crypto regulation in stark contrast to his SEC counterpart. Checkin.com: Innovating fast and secure KYC for Crypto & Web3
Ad: As regulations tighten their grip, KYC becomes a must-have for crypto platforms. But how can crypto and Web3 products streamline the onboarding to make the KYC process easy instead of a hassle? Checkin.com is stepping up, offering a solution that's both comprehensive and intuitive. Their platform merges IDV, document scanning, anti-fraud measures, and data collection, catering to 165+ markets. The results? High conversions and an easy user experience across devices without compromising on security. What sets Checkin.com apart is its hands-on approach. Right now, crypto and web3 products can submit their current site for analysis and receive an interactive demo of a tailored KYC process in their own branding and requirements. The insights used to remodel this experience are derived from a large collection of data points, ensuring each adaptation is precise. BCelsius lawyer says revival plans include $450M in seed fundingPlans for a relaunch have been underway since at least August. Ethereum futures ETFs launch with modest first day of tradingValkyrie, VanEck, and ProShares topped the charts on a day of lukewarm trading, with total volumes just touching $2 million. Latest Insights
The #1 CopyTrading Exchange-Bitget Turns 5, $100 Bonus for Newcomers
Ad: Five years ago, a visionary group of traditional finance experts and innovators embarked on a journey to reshape the digital landscape. Inspired by Nakamoto Satoshi’s vision of a more equitable financial system, Bitget emerged as a beacon of innovation. Deposit $100 with a 0% fee and receive a $100 bonus for newcomers! More NewsIMF paper proposes risk assessment framework for integrating crypto into financial systemAs market interest in crypto continues to grow, global monetary authorities are working on how to integrate the new technologies into legacy systems with minimal chaos. SBF Trial: The Trial of Sam Bankman-Fried Begins – Key Points to UnderstandOnce an industry poster boy, Sam Bankman-Fried is accused by government prosecutors of orchestrating one of the biggest scams in modern history. South Korean gaming titan Wemade taps Chainlink for interoperable Web3 gaming ecosystemChainlink also became the first member of Wemade's COURT consortium. Lawsuit accuses Binance and CEO of unfairly triggering collapse of competitor FTXClass action lawsuit filed by FTX customer alleging market manipulation by Binance. Grayscale looks to convert discounted $5B Ethereum trust to spot ETFGrayscale will eliminate the discount in its Ethereum Trust if it converts it into a spot ETF.
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Former FTX CEO Bankman-Fried considered $5B offer to prevent Donald Trump presidential run
Monday, October 2, 2023
Michael Lewis described SBF as a gambler who struck a goldmine by creating his cryptocurrency exchange.
What is paper Bitcoin and how does it influence price?
Sunday, October 1, 2023
CryptoSlate's latest market report dives deep into the notions of paper Bitcoin and liquid supply to understand their relationship and implications for the Bitcoin market.
OpenAI in early talks to collaborate with Jony Ive on AI rival to the iPhone
Saturday, September 30, 2023
The Japanese banking giant SoftBank is reported to be planning a $1 billion investment in the project.
SEC launches proceedings to determine fate of spot Bitcoin ETFs, invites public comment
Friday, September 29, 2023
Current filings concern proposals from BlackRock, Valkyrie, Invesco, and Bitwise.
Biden administration rumored to be working on executive order requiring disclosure of outsized power consumption
Thursday, September 28, 2023
Tech giants may be forced to disclose when customers rent large amounts of power if the order materializes.
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