The power tussle between the United States Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) over regulatory oversight of the crypto market continues to confuse investors about which rules to follow. In line with the turf war conflict between the two market watchdogs, CFTC chairman Rostin Behnam has reiterated that Bitcoin...Read More
The world’s largest cryptocurrency by market cap has always been a risk-on asset since its inception. The currency has lost nearly 70% from its all-time high of $69,000 in November 2021. Currently, the King currency is struggling for a massive bull run. At the time of publication, Bitcoin is selling at $19,290 with a fall...Read More
CashApp is now fully compatible with the lightning network for sending and receiving Bitcoin payments. The full integration makes Bitcoin significantly easier to use as a means of payment via a commonly used consumer app. CashApp Integrates Lightning The mobile payment service enabled users to send lightning payments to external lightning wallets (ex. Chivo Wallet,...Read More
[PRESS RELEASE – Please Read Disclaimer] October 24th sees the dawn of a new era for VERTU, with the launch of the METAVERTU in London – the world’s first Web3.0 enabled smartphone. Having built a reputation for investing in innovative design, luxurious materials, VIP services and network security, VERTU is now breaking new ground when...Read More
[PRESS RELEASE – Madrid, Spain, 25th October 2022] SEMPSA JP, the leading Spanish Good Delivery precious metals refinery, has partnered with Aurus to offer digital tokens backed by gold and silver to its network of bullion dealers. Five precious metals dealers working with SEMPSA JP are selling tGOLD and tSILVER tokens to the broader retail...Read More
The wave of cryptocurrency-related C-level execs leaving their positions amid the ongoing bear market continues. The latest to do so is the CEO of BitMEX – Alexander Höptner, according to a recent report. The Block’s coverage informed that Höptner has stepped down from its role effective immediately, and Stephan Lutz will replace him as the...Read More
Dash 2 Trade, a new crypto analytics and signals platform, has been breaking records after selling out the first stage of its token presale within just 72 hours, raising $1,666,000. This huge demand has prompted investors to buy the project’s native D2T tokens before prices are pushed higher as the presale progresses. Could this be...Read More
Apple users will be able to enjoy certain NFT features on their devices, according to the firm’s latest update on the matter. However, the Cupertino, California-based giant wants to keep control over the entire process. The new guidelines updated by the company on Monday provided more information on how it sees the entire crypto industry,...Read More
As one of the more prominent networks, the NEAR protocol is a building block for many blockchain ecosystems. One of these is USN, a stablecoin built on top of NEAR in April and run independently by Decentral bank. In an effort to prevent a catastrophic collapse mirroring that of Terra earlier this year, Decentral Bank...Read More
On Oct. 24, Coinbase announced that MakerDAO governance had voted in favor of the proposal to custody $1.6 billion USDC with Coinbase Prime. This means that Coinbase has expanded its USDC rewards program to an institutional client for the first time, it added. MakerDAO will hold the funds with Coinbase Prime, the firm’s institutional broker,...Read More
(Any views expressed in the below are the personal views of the author and should not form the basis for making investment decisions, nor be construed as a recommendation or advice to engage in investment transactions.) The story of the crypto capital markets is one centred in North Asia – specifically, Greater China. Side note:...Read More
South Korea’s top monetary regulator – the Financial Service Commission (FSC) – thinks cryptocurrencies and stablecoins could facilitate money-laundering activities. As such, it will reportedly closely monitor the actions of the country’s largest crypto holders (those who own over $70,000 worth of digital assets). According to a local coverage, the Financial Intelligence Unit (a division...Read More
