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Cryptocurrency exchange Bitget and Foresight Ventures have announced a significant $30 million investment in The Open Network (TON) blockchain.
At the Token2049 conference in Singapore, Ethereum co-founder Vitalik Buterin discussed the evolution of cryptocurrencies, stating that the industry has moved beyond its early phase.
The Commodity Futures Trading Commission (CFTC) is closely monitoring offshore crypto betting platforms like Polymarket that offer derivative contracts to U.S. customers, warning of potential enforcement actions for legal violations.
At the Token2049 event on September 18, Arthur Hayes, co-founder of BitMEX, warned that upcoming interest rate cuts by the U.S. Federal Reserve could trigger a major downturn in the crypto market.
The bankruptcy proceedings for BlockFi and FTX are nearing their conclusions, though their approaches have been notably different.
Venture capital firm Dragonfly Capital is aiming to raise $500 million for its fourth crypto fund, according to a Bloomberg report from September 17.
A recent crypto-themed networking event held aboard a Qatar Airways flight has sparked safety concerns after videos surfaced showing possible violations of seatbelt and smoking regulations.