Stablecoins
Crypto
Analysts predict Bitcoin volatility spike as market aligns like a ‘coiled spring’
Glassnode and FalconX highlight a 'coiled spring' setup in Bitcoin, driven by compressed price ranges and increased liquidity.
Crypto
Institutional players drive crypto adoption in South Korea, Hong Kong — Chainalysis
Tech sophistication and a friendly regulatory framework are the key reasons behind the institutional movement in the Eastern Asia.
Crypto
WisdomTree introduces Ethereum-based tokenization platform for its customers
WisdomTree's goal is to gather interest from B2B and B2B2C customers, with plans to integrate the tokenized RWA with dApps.
Crypto
BlackRock calls Bitcoin a ‘unique diversifier’ in document sent to clients
Despite acknowledging the risky nature of Bitcoin, the 9-page document highlights the asset strength as a reliable alternative reserve.
Regulation
FTX auditor fined $2 million by SEC to settle negligence allegations
The settlement is related to two FTX audit reports from February 2021 to April 2022 where the SEC found traces of negligence.
Regulation
SEC commissioners argue securities laws are unnecessary in Flyfish NFT case
Peirce and Uyeda claimed that the Howey Test is not applicable to the NFT collection sold by the dining establishment.
Stablecoins
Circle integrates USDC in Brazil and Mexico via national payment systems
This movement will allow users to buy USDC directly using Brazilian Reais and Mexican Pesos, reducing conversion costs to U.S. dollars.
Crypto
Potential for Bitcoin volatility caused by rate cuts is quite high — Bitfinex
Sell-off after rate cuts, nearing resistance, and overall bullish indicators paint Bitcoin's landscape this week, according to analysts.
ETF
Bloomberg analyst refutes controversial allegations against Coinbase, says BlackRock is ‘not messing around’
Eric Balchunas stated that BlackRock would act if they discovered that Coinbase is "screwing around" with their Bitcoins.
Mining
Bhutan fourth largest Bitcoin holder among countries with 13,029 BTC stash
The 13,029 BTC stash tied to different wallets is believed to be related to the Himalayan kingdom's Bitcoin mining operations.
Gaming
Blockchain gaming sets new record with 4.2 million daily active users in August
Ronin continues its dominance over the blockchain sector, with over 1.3 million active users registered last month.
RWA
Swift unveils global infrastructure to streamline tokenized asset transfers
The payments infrastructure provider said the move aims to solve the interoperability issues related to different technologies and regulatory discrepancies.
