NY Regulator Seeks Crypto & AI Expert for Policy Team
The NYDFS is seeking a policy specialist to address critical crypto, DeFi, and AI issues within financial services. The New York State Department of Financial Services (NYSDFS) is looking to hire a specialist to assist in developing policies concerning cryptocurrencies, decentralized finance (DeFi), and artificial intelligence, among other related areas. The position is within the […]
Binance US Legal Issues Grow as Appeals Court Revives Lawsuit
The Ninth Circuit Court of Appeals revived a class-action lawsuit against Binance US for Hex token price manipulation. A U.S. appeals court has revived parts of a class-action lawsuit against Binance US, one of the largest cryptocurrency exchanges globally. The lawsuit, which accuses the exchange of manipulating the price of the HEX token, had been previously […]
DBS Bank Introduces Blockchain-Powered Treasury Token Pilot
The pilot offers DBS Treasury Tokens on a permissioned, EVM-compatible blockchain, improving corporate liquidity management across several markets. DBS Bank, a multinational banking and financial services company, has partnered with digital payment provider Ant International to launch a new blockchain-based treasury and liquidity management solution. On August 13, DBS Bank announced the pilot introduction of DBS […]
Metaplanet Buys Bitcoin Worth 500M Yen
Despite Metaplanet latest acquisition, Metaplanet still has 500m yen left for further Bitcoin investments. The publicly traded Japanese investment business Metaplanet announced on Tuesday that it had increased its Bitcoin holdings by 57 transactions as a result of its latest purchase. A few days before this move, the corporation made an announcement regarding a loan […]
Argo Blockchain Repays $35M Loan to Galaxy Digital
Bitcoin miner Argo Blockchain has completed the repayment of $35 million in debt, which was borrowed from asset manager Galaxy Digital in 2022 to prevent insolvency during the crypto bear market of that year. In a statement, Argo CEO Thomas Chippas stated that the repayment is “a significant milestone for Argo” and was completed “without […]