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Meta's Zuckerberg Eyed Instagram Spinoff Amid Antitrust Scrutiny, Document Shows
Meta CEO Mark Zuckerberg considered spinning off Instagram in 2018 over concerns about growing risk of antitrust scrutiny. The document was shown during Zuckerberg's second day of testimony at the high-stakes trial, in which the Us Federal Trade Commission is seeking to unwind Meta's acquisitions of prized assets Instagram and WhatsApp.
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EU Regulator ESMA Warns of Crypto-Linked Financial Stability Risks
Natasha Cazenave, the Executive Director of the ESMA has highlighted that crypto assets still pose significant threats to financial stability despite the introduction of the MiCA regulation in the EU.
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USDC-Issuer Circle Plans IPO, Files Paperwork with US SEC: All Details
Circle has filed for an initial public offering (IPO) with the US Securities and Exchange Commission (SEC). If approved, Circle’s stocks will get listed on the New York Stock Exchange (NYSE) as “CRCL”. The company stated that the move seeks to enhance transparency and accountability while engaging with the investor community.
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CME Group Using Google Cloud’s Blockchain for Next-Gen Derivatives Exchange Upgrades
The CME group has announced its partnership with Google Cloud to explore blockchain services like asset tokenisation. Later this year, the companies will begin testing blockchain solutions for trading and tokenisation with market participants.
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South Korea’s Central Bank Dismisses Bitcoin as Reserved Asset Citing Uncertainty, Risks: Report
The Bank of Korea (BoK) has reportedly said that Bitcoin’s volatility is a matter of risk and concern for the country’s national stability. The BoK said that it had not even begun to review the possibility of having Bitcoin as a reserved asset alongside gold and fiat currencies among other securities.
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EU’s ESMA Sets Deadline for Crypto Service Providers to Restrict Non MiCA-Compliant Stablecoins
The European Securities and Markets Authority (ESMA) of the EU has asked crypto-asset service providers (CASPs) to put such procedures in place that can assess the compliance of ARTs and electronic money tokens (EMTs) with MiCA. Those found to be non-compliant must be restricted from being circulated, the ESMA has said.
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EBA Establishes Stricter Oversight for Firms Handling Crypto-Assets and Payments: Details
The European Banking Authority (EBA) has directed payment service providers to screen all firms seeking to register their businesses in EU member states. Additionally, EU lawmakers have mandated that virtual digital asset service providers (VASPs) conduct comprehensive due diligence, including detailed risk assessments.
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Skynet-1A Satellite’s Unexplained Orbit Shift Raises Questions About Command History
Launched in 1969, the UK's oldest satellite, Skynet-1A, has moved significantly from its original position. Experts believe this was due to a deliberate command in the 1970s. The satellite now orbits over the Americas, near active satellite traffic, raising risks of collisions. Limited records exist regarding its control history, with suggestions o...
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US Government’s Crypto Wallet Holding Seized Bitfinex Funds Hacked: Arkham Intelligence
A US government crypto wallet holding assets seized from the 2016 Bitfinex hack has been compromised by an unidentified hacker, according to Arkham Intelligence.
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BIS, FSB Reports Highlight Benefits and Risks of Asset Tokenisation
The Bank of International Settlements (BIS) and the Financial Stability Board (FSB) have published their respective reports on VDAs, addressed to the G20 group. The Finance Ministers and Central Bank Governors of the G20 nations are scheduled to meet on October 23-24. The release of these reports by these financial institutes is well aligned with t...
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Crypto SIPs May Become Popular in India as Young Investors Explore Alternatives to Stocks and Bonds: Cashaa Founder
In conversation with Gadgets360, Cashaa CEO Kumar Gaurav said that in the coming years investing in crypto-based SIPs could become popular in India as the younger generation of investors are seeking alternatives to traditional assets like stocks and bonds. He highlighted that crypto investors must be aware that investing in crypto assets should be ...
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Dubai's VARA Announces Stricter Regulations for Crypto Marketing
Dubai’s Virtual Asset Regulatory Authority (VARA) has announced that marketing content related to digital assets should carry a disclaimer notifying people that engaging with digital assets could be financially risky.
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South Korea Implements Legal Framework to Protect Crypto Community Against Financial Risks: All Details
South Korea has deployed a list of rules to be followed by crypto companies. This legal framework is aimed at controlling and eventually curbing the exploit of crypto assets for illicit activities like money laundering and terror financing.
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Dogecoin Developer Issues Important Warning to Investors as Market Turns Volatile
Mishaboar, one of Dogecoin’s developers has released a warning asking the investor community to gauge the risks of investing in crypto assets before making any final decision. The Dogecoin developer has expressed his fear that investors who are losing sleep over their crypto investments – may have been overexposed to the sector.
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Rupee Drops To Record Low Against US Dollar As Israel Strikes Hit Iran
The Indian rupee opened to a record low on Friday as reports of Israeli strikes in Iran prompted investors to exit risk assets and lap up safe havens.
-
Meta's Zuckerberg Eyed Instagram Spinoff Amid Antitrust Scrutiny, Document Shows
Meta CEO Mark Zuckerberg considered spinning off Instagram in 2018 over concerns about growing risk of antitrust scrutiny. The document was shown during Zuckerberg's second day of testimony at the high-stakes trial, in which the Us Federal Trade Commission is seeking to unwind Meta's acquisitions of prized assets Instagram and WhatsApp.
-
EU Regulator ESMA Warns of Crypto-Linked Financial Stability Risks
Natasha Cazenave, the Executive Director of the ESMA has highlighted that crypto assets still pose significant threats to financial stability despite the introduction of the MiCA regulation in the EU.
-
USDC-Issuer Circle Plans IPO, Files Paperwork with US SEC: All Details
Circle has filed for an initial public offering (IPO) with the US Securities and Exchange Commission (SEC). If approved, Circle’s stocks will get listed on the New York Stock Exchange (NYSE) as “CRCL”. The company stated that the move seeks to enhance transparency and accountability while engaging with the investor community.
-
CME Group Using Google Cloud’s Blockchain for Next-Gen Derivatives Exchange Upgrades
The CME group has announced its partnership with Google Cloud to explore blockchain services like asset tokenisation. Later this year, the companies will begin testing blockchain solutions for trading and tokenisation with market participants.
-
South Korea’s Central Bank Dismisses Bitcoin as Reserved Asset Citing Uncertainty, Risks: Report
The Bank of Korea (BoK) has reportedly said that Bitcoin’s volatility is a matter of risk and concern for the country’s national stability. The BoK said that it had not even begun to review the possibility of having Bitcoin as a reserved asset alongside gold and fiat currencies among other securities.
-
EU’s ESMA Sets Deadline for Crypto Service Providers to Restrict Non MiCA-Compliant Stablecoins
The European Securities and Markets Authority (ESMA) of the EU has asked crypto-asset service providers (CASPs) to put such procedures in place that can assess the compliance of ARTs and electronic money tokens (EMTs) with MiCA. Those found to be non-compliant must be restricted from being circulated, the ESMA has said.
-
EBA Establishes Stricter Oversight for Firms Handling Crypto-Assets and Payments: Details
The European Banking Authority (EBA) has directed payment service providers to screen all firms seeking to register their businesses in EU member states. Additionally, EU lawmakers have mandated that virtual digital asset service providers (VASPs) conduct comprehensive due diligence, including detailed risk assessments.
-
Skynet-1A Satellite’s Unexplained Orbit Shift Raises Questions About Command History
Launched in 1969, the UK's oldest satellite, Skynet-1A, has moved significantly from its original position. Experts believe this was due to a deliberate command in the 1970s. The satellite now orbits over the Americas, near active satellite traffic, raising risks of collisions. Limited records exist regarding its control history, with suggestions o...
-
US Government’s Crypto Wallet Holding Seized Bitfinex Funds Hacked: Arkham Intelligence
A US government crypto wallet holding assets seized from the 2016 Bitfinex hack has been compromised by an unidentified hacker, according to Arkham Intelligence.
-
BIS, FSB Reports Highlight Benefits and Risks of Asset Tokenisation
The Bank of International Settlements (BIS) and the Financial Stability Board (FSB) have published their respective reports on VDAs, addressed to the G20 group. The Finance Ministers and Central Bank Governors of the G20 nations are scheduled to meet on October 23-24. The release of these reports by these financial institutes is well aligned with t...
-
Crypto SIPs May Become Popular in India as Young Investors Explore Alternatives to Stocks and Bonds: Cashaa Founder
In conversation with Gadgets360, Cashaa CEO Kumar Gaurav said that in the coming years investing in crypto-based SIPs could become popular in India as the younger generation of investors are seeking alternatives to traditional assets like stocks and bonds. He highlighted that crypto investors must be aware that investing in crypto assets should be ...
-
Dubai's VARA Announces Stricter Regulations for Crypto Marketing
Dubai’s Virtual Asset Regulatory Authority (VARA) has announced that marketing content related to digital assets should carry a disclaimer notifying people that engaging with digital assets could be financially risky.
-
South Korea Implements Legal Framework to Protect Crypto Community Against Financial Risks: All Details
South Korea has deployed a list of rules to be followed by crypto companies. This legal framework is aimed at controlling and eventually curbing the exploit of crypto assets for illicit activities like money laundering and terror financing.
-
Dogecoin Developer Issues Important Warning to Investors as Market Turns Volatile
Mishaboar, one of Dogecoin’s developers has released a warning asking the investor community to gauge the risks of investing in crypto assets before making any final decision. The Dogecoin developer has expressed his fear that investors who are losing sleep over their crypto investments – may have been overexposed to the sector.
-
Rupee Drops To Record Low Against US Dollar As Israel Strikes Hit Iran
The Indian rupee opened to a record low on Friday as reports of Israeli strikes in Iran prompted investors to exit risk assets and lap up safe havens.
