Dan Berkovitz, one of three commissioners currently serving at the U.S. Commodity Futures Trading Commission, said while the agency is suited to futures contracts, swaps, and options trading, it would need additional resources to handle the cash market for crypto assets. Speaking at the Managed Funds Association Digital Assets Conference on Tuesday, Berkovitz said the …
Continue reading “CFTC commissioner: agency doesn’t have enforcement resources without Congress”
Ripple plans to take the ongoing Securities and Exchange Commission (SEC) lawsuit all the way to trial, saying it does not intend to settle with the regulator. Speaking to Fox Business, Ripple’s defense team says they are confident in their position. They add that standing up to the SEC in a trial setting is necessary …
Continue reading “Ripple (XRP) has no plans to settle SEC lawsuit. It’s prepared to go to trial”
The great Spanish Flu in 2018 may have killed many more people – some 50 million and may not even have been Spanish at all – but that was before we lived in a world of the internet, citizen-curated news and fast-track vaccines. Now, as the world is starting to reopen in many parts, vaccine …
Continue reading “How employees can return to the office “Crypto Style””
Another decentralized finance (DeFi) protocol on Avalanche (AVAX) chain, Vee Finance, has fallen victim to an attack, merely a week after Zabu Finance got hit. The lending protocol platform has confirmed the exploit on Twitter, which counts as the second major attack in the Avalanche ecosystem. $35 million gone “Our platform may have been exploited. …
Continue reading “Another hit on Avalanche as Vee Finance exploited for $35 million”
On September 19, 2021, the software developer and cofounder of Casa, Jameson Lopp, announced a new project called bitcoinpoliticians.org which sifts through Congressional financial disclosures and records them into a database. Lopp says the aim is to create “more transparency around bitcoin ownership” and so far he’s analyzed about 13% of Congressional financial disclosures. Jameson …
press release PRESS RELEASE. INTERNET CITY, DUBAI – LBank Exchange, a global digital asset trading platform, is proud to list THN on September 22, 2021. For all users of LBank Exchange, the THN/USDT and THN/ETH trading pairs will be officially available for trading at 21:00 (UTC+8) on September 22, 2021. In recent months, NFTs have …
Continue reading “LBank Exchange Will List THN (Throne) on September 22, 2021”
On September 21, the non-fungible token (NFT) fantasy football platform Sorare announced the company raised $680 million in a Series B funding round led by Softbank. The capital raise gives Sorare a new valuation of around $4.3 billion and the company plans to open a U.S.-based office. Sorare Reveals $680M Capital Raise Non-fungible token (NFT) …
Stock trading and investing app Robinhood has reportedly been testing new features, including a crypto wallet and cryptocurrency transfers. “The ability to deposit and withdraw cryptocurrencies is tricky to do with scale, and we want to make sure it’s done correctly and properly.” Robinhood to Add Crypto Wallet and Transfer Features Investing app Robinhood is …
Continue reading “Robinhood Testing New Crypto Wallet and Cryptocurrency Transfer Features: Report”
A cross-chain decentralized finance (DeFi) platform says it has lost millions of dollars worth of Bitcoin (BTC) to hackers. pNetwork, which allows the teleporting of any digital asset to a different blockchain, says in a tweet that an attacker stole 277 Bitcoin wrapped as pBTC on the Binance Smart Chain (BSC). ADVERTISEMENT “We’re sorry …
The New York Digital Investment Group (NYDIG) just released a major research report analyzing the environmental impact of mining Bitcoin (BTC). The report entitled “Bitcoin Net Zero” weighs the implications BTC’s potential to improve “civilizational progress” against its carbon footprint. ADVERTISEMENT The report assesses Bitcoin’s future carbon footprint in a variety of scenarios – …
A court in Russia’s Tatarstan region has denied the appeal of the founder involved in the alleged $1.5 billion Bitcoin Ponzi scheme. According to Russian publication Inkazan, the Supreme Court of Tatarstan upheld the arrest in absentia of Marat Sabirov, the co-founder of Finiko, a company which the Bank of Russia put on its list …
One of the world’s largest cryptocurrency exchanges says it is discontinuing some of the products and services it offers Australian customers. Crypto exchange Binance says that as of September 24th, users in Australia will not be allowed to increase or open new futures, options, and leveraged token positions. Further, all open positions in these categories …
Nonfungible tokens (NFTs) dominated crypto and mainstream media headlines all throughout 2021 as investors who held CryptoPunks and other projects minted prior to 2018 were finally rewarded for their patience. Meanwhile, newer projects like the Bored Ape Yacht Club and Art Blocks Curated saw some of their rarer pieces sell for millions of dollars. Despite …
Sommelier, a co-processing protocol to the Ethereum Virtual Machine, or EVM, announced a research and development partnership with Mysten Labs to increase liquidity transaction speeds and launch smart contract applications on the Cosmos blockchain on Tuesday. Founded in 2020 by Zaki Manian, a core developer on the Cosmos protocol, Sommelier is a test-net protocol designed …
Continue reading “Sommelier partners with Mysten Labs to launch Cosmos smart contracts”
Ether (ETH) price fell below the $3,000 support on Sept. 20 as global markets entered a risk-aversion mode. The Invesco China Technology ETF (CQQQ) closed down 4.2%, while the SPDR S&P Metals and Mining ETF (XME) lost 3.8%. Some analysts pointed to the potential ripple effects of the default of Evergrande, a major Chinese real …
Continue reading “Ethereum’s spot setup looks grim, but derivatives data tells a different story”
