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Australian crypto exchanges look to new licensing regime with cautious optimism

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Australian crypto exchanges have largely praised the Treasury’s latest proposal to place crypto exchanges under the existing financial services license regime, though some worry it could put the crypto industry into a TradFi-shaped box.

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Coin Market

Grayscale applies traditional finance models to AAVE, sees $175 value

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Grayscale and CoinShares are applying traditional valuation techniques to crypto assets as institutions explore revenue-generating DeFi protocols.

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Coin Market

Dorsey’s Block says new AI tool handles 15% of code work

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Builderbot is the “missing layer between AI coding tools and how engineering actually works at scale,” said Brad Axen, head of AI capabilities at Block.

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Coin Market

Florida man pleads guilty for promoting $1.8B ‘HyperFund’ crypto fraud

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Rodney “Bitcoin Rodney” Burton faces a maximum sentence of five years in federal prison for conspiracy to operate an unlicensed money transmitting business.

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