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Crypto News
Blockchain and AI Are Set to Transform Financial Markets: Moody’s
Incorporating AI and DLT into business models may require "substantial investment" at first – but could help lower expenses and improve market liquidity over time, a new report said.
Pantera Capital Leads $16.5M Investment in ZK-Powered DEX Brine Fi at $100M Valuation
The investment happens at a time when crypto venture capital has mostly dried up and trading volumes plummeted.
Crypto Spot Market August Trading Volume Hits 4.5-Year Low as Volatility Fails to Spur Activity
Volatility following the Grayscale's court victory over the SEC failed to translate into trading volumes on centralized exchanges, CCData said.
Blanket Crypto Bans Won’t Work, IMF and FSB Warn in Joint Paper
The global standard-setters instead suggest targeted restrictions when necessary, and urges jurisdictions to strengthen monetary policy frameworks.
Depressed Crypto Markets, Regulatory Risks Fail to Dissuade Asset Managers From Investing
Almost half the 60 buy-side professionals surveyed from U.S. and Europe-based asset managers and hedge funds said they're actively managing digital assets.
$500B Korean Asset Manager Mirae Taps Polygon Labs in Securities Tokenization Drive
Mirae Asset Management teams up with Ethereum scaling solution Polygon Labs to develop a tokenized securities network and accelerate adopt of Web3 technologies.
Cboe’s BZX Exchange Files to Launch Ark 21Shares, VanEck Spot Ether ETFs
Cboe's BZX exchange filed the first documents in a bid to offer the first spot ether exchange-traded funds in the U.S.
Bitcoin Little-Changed at $25.7K After Newsy and Volatile Session
Broader crypto markets were modestly lower late on Wednesday.
Celsius Network Files ‘Adversary Complaint’ Against EquitiesFirst to Recover Assets
EquitiesFirst, a private lender, owed Celsius $439 million of assets as of July 2022.
Sam Bankman-Fried’s Motion for Pretrial Release Goes Before 3-Judge Panel
Former FTX CEO Sam Bankman-Fried is trying to win back his freedom – at least temporarily.