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Latest news from the Web3 ecosystem

Kraken Secures Direct Federal Reserve Master Account Access

Kraken Secures Direct Federal Reserve Master Account Access

Cryptocurrency exchange Kraken is now the first digital asset firm to hold a Federal Reserve master account, granting it direct access to the U.S. central bank's payment infrastructure.

1 min read
X Implements 90-Day Ban on Ad Revenue Sharing for Undisclosed AI War Content

X Implements 90-Day Ban on Ad Revenue Sharing for Undisclosed AI War Content

X has updated its revenue-sharing policy to exclude creators who post undisclosed AI-generated war footage. The ban will last for three months, impacting monetization for affected users.

2 min read
Bitcoin Approaches $72,000, Reaching One-Month Highs

Bitcoin Approaches $72,000, Reaching One-Month Highs

Bitcoin's price surged on Wednesday, nearing a significant psychological milestone and a key long-term trend line, indicating renewed bullish momentum.

1 min read
Ex-OpenAI Researcher's Fund Bets Big on Bitcoin Miners

Ex-OpenAI Researcher's Fund Bets Big on Bitcoin Miners

Leopold Aschenbrenner's hedge fund, Situational Awareness LP, has rapidly grown to $5.52 billion in equity exposure, with significant investments directed towards Bitcoin mining operations.

1 min read
FATF Flags Stablecoins for Sanctions Evasion Risks

FATF Flags Stablecoins for Sanctions Evasion Risks

The Financial Action Task Force (FATF) has issued a warning regarding stablecoins' potential use in circumventing sanctions. The watchdog highlights peer-to-peer transfers through self-custody wallets as a significant concern.

1 min read
Kraken Secures Federal Reserve Master Account Access

Kraken Secures Federal Reserve Master Account Access

Kraken is the first cryptocurrency exchange to gain direct access to a Federal Reserve master account, a move poised to streamline large-value transactions for institutional clients.

1 min read
FATF Flags Stablecoins for Sanctions Evasion Risks

FATF Flags Stablecoins for Sanctions Evasion Risks

The Financial Action Task Force (FATF) has issued a warning that stablecoins are increasingly being used to circumvent sanctions. The group highlights peer-to-peer transactions as a particular concern.

2 min read
Strategy's STRC Signals Massive 1,000 BTC Purchase

Strategy's STRC Signals Massive 1,000 BTC Purchase

Strategy's STRC stock saw significant trading volume, indicating a substantial Bitcoin acquisition. This marks the largest single-day issuance for the company since July.

1 min read
Bitcoin Approaches $72K as Bullish Momentum Returns

Bitcoin Approaches $72K as Bullish Momentum Returns

Bitcoin's price surged during Wednesday's Asia trading session, challenging a significant long-term trend line and the $72,000 psychological resistance level.

1 min read
Ex-OpenAI Researcher's Fund Bets Big on Bitcoin Miners

Ex-OpenAI Researcher's Fund Bets Big on Bitcoin Miners

Leopold Aschenbrenner's hedge fund, Situational Awareness LP, has rapidly grown to $5.52 billion in equity exposure, with significant investments in Bitcoin mining operations.

1 min read
Bitcoin Surges Past $71,000, Demonstrating Resilience Amid Geopolitical Tensions

Bitcoin Surges Past $71,000, Demonstrating Resilience Amid Geopolitical Tensions

Bitcoin has reclaimed the $71,000 mark, exhibiting significant upward momentum. This price surge highlights the cryptocurrency's robustness in the face of global instability.

1 min read
US Spot Bitcoin ETFs See $225M Inflow, BlackRock Leads

US Spot Bitcoin ETFs See $225M Inflow, BlackRock Leads

US spot Bitcoin ETFs experienced a net inflow of $225 million on Tuesday. BlackRock's IBIT fund saw significant inflows, counterbalancing outflows from competitors.

1 min read