Bybit’s World Series of Trading 2024 global crypto competition will kick off in early October, bringing DEX trading for the first time along with a large pool of prizes. The crypto industry is driven by the concept of “coopetition,” where cooperation and competition go hand in hand. This unique blend establishes an environment where decentralized finance…
Two top-level Hong Kong financial regulators have co-announced their intent to adopt reporting requirements set by the European Securities and Markets Authority (ESMA) for crypto over-the-counter (OTC) derivatives. On Sept. 26, the Hong Kong Monetary Authority (HKMA) and the Securities and Futures Commission (SFC) shared a plan to bring their OTC reporting requirements up to global standards…
Almost $2 billion in tokens from major projects will be released in October, with 175.75 million Celestia tokens — worth $1.1 billion in current market prices — accounting for a huge chunk of the month’s total unlocks. According to crypto vesting tracker DropsTab, $1.1 billion Celestia tokens will be unlocked on Oct. 31. The tokens…
The United States Securities and Exchange Commission will continue to pursue changes to the definition of “exchange” and alternative trading systems, Chair Gary Gensler told attendees of the US Treasury Market Conference on Sept. 26. Gensler was speaking about issues that affect the efficiency and resilience of the US Treasury bond market, but that proposal has been heavily…
Ethereum co-founder Vitalik Buterin wants to increase its “blob count” — introduced during its Dencun upgrade — to scale the network further and enable layer-2 protocols to boost capacity. In a discussion thread following its latest developer call, Buterin revealed that blob space is currently around 75% full, and changes need to be implemented via Ethereum Improvement…
Dubai’s digital asset regulator will adopt stricter requirements for companies marketing crypto investments in the country. In a press release sent to Cointelegraph, Dubai’s Virtual Asset Regulatory Authority (VARA) announced that companies promoting digital asset investments in the country should add a disclaimer to their material. The crypto regulator said that the disclaimer must be…