The biggest regulatory story of the week, if not the year, has been the United States Security and Exchange Commission’s lack of opposition to the launch of the first-ever Bitcoin (BTC) exchange-traded funds, which took eight long years to materialize. While the first ETFs are tracking CME-traded Bitcoin futures rather than the asset’s spot price, the …
Continue reading “Law Decoded: Post-ETF policy landscape and Novi fears, Oct. 18–25”
Weeks after its postponement, President Muhammad Buhari will officially launch the Nigerian Central Bank Digital Currency, eNaira, at the State House, Abuja, today. At last, Nigeria to launch eNaira today Fresh news broke on Saturday from the apex bank through its spokesperson, Osita Nwasinobi, who revealed in a signed statement that the Central Bank Digital …
Continue reading “Crypto-loving Nigeria to launch eNaira stablecoin today”
MetaWars, a multiplayer strategy game built on Binance Smart Chain, has successfully raised $2.3 million from investors ahead of its game launch and initial decentralized exchange offering (IDO). Investors include ABV, Raptor Capital, CinchBlock, x21, CoinUnited.io, Double Peak, Magnus Capital, Everse Capital, Infinity Gainz, IceTeaLabs, as well as Mr. Beast for supporting our endeavors. Weapons …
Continue reading “NFT game MetaWars raises $2.3 million ahead of WARS launch on Binance Smart Chain”
21 remaining firms become official Libra members after Visa, Stripe, PayPal, and others pull out The head of Libra, Facebook’s controversial cryptocurrency initiative, has stated the project will continue to develop its planned “new global currency” despite having lost a quarter of its backers, including Stripe, Visa, PayPal, and Mastercard. 2 min read → Go …
Continue reading “Mastercard to soon offer Bitcoin rewards and purchases for merchants”
Initial DEX offerings (IDOs) and initial public offerings (IPOs) are highly regarded as capital generators for startups trying to become respected players in the cryptocurrency space. They are both lucrative fundraising mechanisms for emerging companies. However, IDOs are based on decentralized exchanges and aren’t bound by the strict regulations enforced by centralized exchanges. And, other …
Continue reading “Op-Ed: Could crypto IDOs replace IPOs as a capital generator?”
During the last few weeks, a project called Worldcoin has been the subject of numerous headlines and speculation. Worldcoin launched on October 21 and aims to be a universal basic income (UBI) crypto asset that gives free tokens to accounts that are verified with a biometric eye scan. The project has privacy advocates reeling and …
The 78th United States secretary of the treasury Janet Yellen told CNN’s “State of the Union” on Sunday that U.S. lawmakers are considering taxing unrealized capital gains. According to Yellen, the funds collected would help finance things related to climate and social change. While Yellen said that U.S. senator Ron Wyden (D., Ore.) was working …
press release PRESS RELEASE. The MetaHUMAN Foundation has announced a grants program to support a new generation of projects looking to adopt and build on top of HUMAN Protocol. Successful applicants will have access to an allocated fund of $10 million, to supercharge the adoption of the Protocol, and realize new possibilities for HUMAN technology …
As authorities in the EU are still discussing union-wide cryptocurrency regulations, a major U.S. bank has reportedly lobbied the Irish government to adopt its own rules for the space. BNY Mellon launched its digital asset business in Ireland this year to provide custodian services to institutional investors. Banking Giant BNY Mellon Calls for Irish Crypto …
Pacaso, a real estate platform focused on second homes, is now supporting cryptocurrency payments. The startup, which reached $1 billion in valuation months after its launch in October 2020, partnered with crypto payment service provider BitPay to allow clients to buy ownership shares in second homes using digital assets. ADVERTISEMENT In a statement, the …
A popular crypto strategist and trader predicts Ethereum will print a new all-time high in the short term and that one explosive altcoin will likely continue its bullish trend. The pseudonymous crypto analyst Kaleo tells his 411,000 Twitter followers that leading smart contract platform Ethereum (ETH) is gearing up to take out its last line …
Beginning Monday, BitGo will offer institutional token holders the ability to earn Bitcoin rewards through the Stacks token, which is also known as STX. Through a process known as Stacking, STX token holders can earn BTC rewards directly in their wallets. Unlike other yield-earning services, BTC rewards generated through Stacking are not based on a …
Continue reading “BitGo integrates Stacks, bringing Bitcoin DeFI to institutions”
HapeBeast hitting the headlines Three-dimensional nonfungible token (NFT) project HapeBeast is garnering notable attention on social media following the release of a highly-professional teaser video for their upcoming ape-themed profile picture project. Created by the founder of Digimental Studio London, Digimental, the project encompasses 8,000 unique aesthetic depictions of digital ape avatars. Having operated for …
Continue reading “Nifty News: The rise of environmentally-focused NFT collections”
Investors who study Bitcoin (BTC) carefully are eventually convinced to own a stake in the cryptocurrency, according to SkyBridge Capital CEO and founder Anthony Scaramucci. In a Monday interview with CNBC’s Capital Connection, Scaramucci — who also served a 10-day stint as President Donald Trump’s communications director — urged investors to “do the homework on Bitcoin” …
Continue reading “Anyone who studies Bitcoin ends up investing in it, says Scaramucci”
The price of Solana’s native SOL coin edged up on Oct. 25 in the wake of a marketwide rally led by Bitcoin (BTC), with the total value locked (TVL) on Solana hitting record highs and SOL’s price seeing a promising technical setup. Bitcoin triggers marketwide rally SOL climbed by more than 6% to hit an …
Continue reading “Solana reclaims $200 — 3 reasons why SOL price is up 35% in seven days”
