Monthly archives: August 2024

Economist Steve Hanke cited a University of Toronto study that links cryptocurrency ownership to traits of the “Dark Tetrad,” including psychopathy, narcissism, Machiavellianism, and sadism. According to the research, crypto owners exhibit psychopathic tendencies, he explained. Study Links Crypto Ownership to Psychopathic Traits Economist Steve Hanke highlighted research from the University of Toronto this week, …

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Onchain Highlights DEFINITION: Realized volatility is the standard deviation of returns from the mean return of a market. High values in realized volatility indicate a phase of high risk in that market. It is measured on log returns over a fixed time horizon or over a rolling window to obtain a time-dependent observable. While implied volatility …

Continue reading “Bitcoin’s realized volatility in August reaches highest level in over a year”

Spot Bitcoin (BTC) and Ethereum (ETH) exchange-traded funds (ETFs) in the US helped improve liquidity in the crypto market, but it’s still not enough to absorb larger volatility, according to an Aug. 29 Kaiko report. Kaiko said that liquidity has improved significantly since the FTX collapse in November 2022, with the daily trading volume of …

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Former FTX executive Ryan Salame has withdrawn his petition to dismiss the indictment against Michelle Bond just days before a critical court hearing. In a letter dated Aug. 29, Salame’s legal team informed Judge Lewis A. Kaplan of the Southern District of New York that the petition was being withdrawn “without prejudice” to allow Bond …

Continue reading “Salame withdraws dismissal request, clears way for Bond’s campaign finance trial”

Double Jump.Tokyo, a Japan-based Web3 gaming company, has secured over $10 million in its Series D first closing led by SBI Investment. The round, which had the participation of Sony Group Corporation and others, will allow the company to continue developing blockchain games and offering related services, strengthening its talent base at the same time. …

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The Reserve Bank of India (RBI) is actively exploring the potential of central bank digital currency (CBDC) on an international scale, according to Governor Shaktikanta Das at the Global Fintech Fest. The RBI is focusing on enhancing CBDC’s interoperability with existing retail payment systems like the Unified Payment Interface (UPI) to facilitate seamless cross-border transactions. …

Continue reading “India’s Central Bank Governor Discusses CBDC Progress and International Strategy”

The CEO of cryptocurrency deposit service Haru Invest was stabbed in the neck during his fraud trial in Seoul. The attack occurred in the courtroom, carried out by a man in his 50s. Lee survived the attack with non-life-threatening injuries and was taken to a hospital. Crypto Platform’s CEO Stabbed During Fraud Trial The CEO …

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Telegram CEO Pavel Durov was reportedly unaware of an arrest warrant issued against him in France, according to a source from the Paris prosecutor’s office. The French investigation was not linked to any U.S. actions. Neither President Emmanuel Macron nor the French foreign ministry were informed in advance of Durov’s arrest or presence in France. …

Continue reading “Durov Unaware of French Arrest Warrant — Macron Denies Knowledge of Durov’s Visit”

The CEO of Binance has responded to allegations that the cryptocurrency exchange seized all funds from Palestinians at the request of the Israeli Defense Forces. Ray Youssef, CEO of Noones, criticized Binance, accusing it of yielding to external pressures and engaging in discriminatory practices. He called for a boycott of Binance and supported platforms that …

Continue reading “Binance CEO Addresses Allegations of the Exchange Seizing All Palestinian Funds”

The Russian government has warned France that pursuing criminal charges against Pavel Durov, the founder of Telegram, could be considered “political persecution.” Durov, a Russian-born French citizen, was detained in Paris for allegedly failing to control illegal content on the messaging platform. He was released on bail but must stay in France and report regularly …

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