September, 2024

September, 2024

China stimulus boosts stocks, but crypto remains stagnant
China's stimulus lifted global stock indices but failed to shake the cryptocurrency market out of its current stagnation....

Arkham Intelligence sees surge of 490,000 X followers amid growing influence in crypto investigations
Arkham's growing influence underscores the increasing importance of transparency and security in the crypto industry....

SEC settles charges against TrueCoin LLC and TrustToken Inc. involving stablecoin TrueUSD
The U.S. SEC said it reached a settlement with TrueCoin LLC and TrustToken Inc., following charges involving the sale of stablecoin TrueUSD. ...

USDC issuer Circle unveils new compliance tool for programmable wallets
The service will help “companies build onchain while meeting rigorous demands for compliance,” including FATF's Travel Rule....

BNY Mellon moves closer to offering crypto ETF custody services: Bloomberg
Coinbase's dominant position among firms offering custodial services to crypto ETF clients could be threatened....

Benchmark says MicroStrategy could soon generate yield by lending its bitcoin holdings
Benchmark says recent crypto-supportive developments could encourage MicroStrategy to generate yield by lending part of its bitcoin holdings....

The Daily: Polymarket considers token launch, Celestia Foundation raises $100 million, Waters calls for ‘grand bargain on stablecoins’ and more
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons....

Daylight, ‘onchain for you’ actions recommender, raises $6 million in seed funding
The seed round was structured as equity priced with token warrants, Daylight co-founder Kyle McCollom told The Block....

Rep. Maxine Waters calls for ‘grand bargain on stablecoins’ before the end of 2024 following years of negotiations
Top Democrat Maxine Waters says she wants to "strike a grand bargain on stablecoins" before the end of the year....

Updated production-ready Gemini models, reduced 1.5 Pro pricing, increased rate limits, and more
Learn about the latest updates to Google's Gemini models, including reduced pricing for Gemini 1.5 Pro, increased rate limits, faster performance, enhanced quality, and more....

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