Astra Protocol and Squire Patton Boggs Partner on Crypto Compliance for Institutional Investors

November 8, 2021 – Dublin, Ireland Squire Patton Boggs – one of the world’s leading full-service legal companies for ensuring cross-border compliance counseling as well as incident response – has announced a new partnership with internationally-patented ASTRA Protocol, in order to give assurance and compliance confidence to the decentralized finance (DeFi) ecosystem. Squire Patton Boggs maintains business …

Bank of America COO Says He’s Come Around to Idea of Bitcoin Being Store of Value: Report

The chief operating officer of Bank of America is now reportedly open to the idea that Bitcoin (BTC) could be a store of value asset. Market Insider reports that during a conference hosted by crypto insights firm Chainalysis on Thursday, Tom Montag said he doesn’t view crypto as a threat to the banking industry. “I …

Verasity Announces Esports Fight Club Rebrand to VeraEsports

November 8, 2021 – London, United Kingdom Esports Fight Club (EFC), the leading blockchain-powered watch-and-earn platform, has announced the successful completion of its rebrand to VeraEsports on November 8, 2021. Verasity, a blockchain enterprise known for its patented ‘proof of view’ technology and as the parent organization of VeraEsports, initiated the rebrand to prepare the …

KuCoin Margin Celebrates Its Second Anniversary With Millions of Dollars To Give Away

November 8, 2021 – Victoria, Seychelles KuCoin, a global leading cryptocurrency exchange, celebrates the second anniversary of the KuCoin Margin Trading platform and will launch a series of celebration events with millions of dollars of rewards. Launched in 2019, KuCoin Margin enables users to borrow tokens to amplify investment returns from successful trades. Until now, …

Huobi Group is moving to Gibraltar following China crackdown

Huobi Group, a Bitcoin (BTC) technology firm established in 2013, is relocating its spot-trading business to Gibraltar as a precautionary measure following China’s cryptocurrency clampdown. According to a report by Bloomberg, the Gibraltar Financial Services Commission has authorized Huobi to begin moving its spot-trading operations to affiliate Huobi Technology (Gibraltar) Co. As a result, Huobi …

Dutch multinational ING considers entering DeFi lending industry

In a presentation made during the Singapore Fintech Festival, Annerie Vreugdenhil, chief innovation officer of ING, announced the firm is working on a trial of its decentralized finance, or DeFi, peer-to-peer lending protocol with the Netherlands Authority for the Financial Markets. Vreugdenhil said the following in regards to the development, as reported by Ledger Insights: …

Coinbase launches standalone browser extension for Coinbase Wallet

United States cryptocurrency exchange Coinbase has rolled out a new standalone browser extension for its Coinbase Wallet, giving users the ability to more easily access thousands of digital assets on decentralized exchanges, commonly known as DEXs.  Beginning Monday, Coinbase Wallet will be available as a standalone browser extension, which means new customers can download the …

Law Decoded: Which currency is the paycheck of your city’s mayor in? Nov. 1–7

Even though crypto has long attained relevance as an independent political issue, at times it gets entangled with the broader dynamics of the political process. The notorious infrastructure bill — a major pillar of the Biden administration’s economic agenda — suddenly passed in the U.S. House last Friday despite congressional Democrats’ original agreement to vote …

US agency FBI gives tips on dealing with the rise in crypto ATM fraud

U.S law enforcement agency the FBI has posted a warning about a new type of crypto scam that’s gaining popularity. It involves a scammer convincing a victim to put cash into a crypto ATM to send funds via a QR code. The crypto ATM/QR scam Crypto scams cover a variety of methods, but perhaps most …

Decentralized home sharing platform Dtravel is now live for bookings

Dtravel, a decentralized platform for the home-sharing economy facilitating short and long-term stays, today announced the launch of its home-sharing booking platform. Starting today, guests can book short and long-term accommodations on Dtravel, which provides guests and hosts with lower costs and more control than incumbent home-sharing platforms. Introduced earlier this year by former executives …

How did the DeFi, NFT and crypto market change in October?

Following a volatile September, the crypto market rebounded to an all-time high in October, with DeFi’s TVL exceeding $250 billion and BTC pushing past $66K.  DeFi TVL Change (Data source: Footprint Analytics) But with all eyes on rising token prices, it was easy to miss some trends and announcements that look likely to impact the …

A New Semiconductor Manufacturing Competitor Has Entered the ASIC Bitcoin Mining Rig Industry

While companies like Microbt, Bitmain, Innosilicon, Strongu, Ebang, and Canaan have ruled the roost in terms of manufacturing application-specific integrated circuit (ASIC) bitcoin miners, a new challenger has entered the competition. A relatively unknown integrated technology firm called AGM Group Holdings has seen a lot of ASIC sales and partnerships in recent times. A Relatively …

Author Insists Current Gold Price Cheaper Now Than in 1980

While gold is generally perceived to be the best hedge against inflation, a report written by author Kelsey Williams has now questioned this longstanding assertion. In the report, Williams argues that the current gold price of around $1,810 per ounce is much lower than the commodity’s average price in 1980. Gold Price Rise Lags Behind …

Binance CEO: Avoiding Cryptocurrency Scams, Squid Game Token and Other Defi Risks

sponsored The following article was written by CZ, Binance CEO & Co-Founder. DYOR, or do your own research, is a concept I think every investor should know about. It’s as close to a golden rule as anything in the world of crypto, but it applies more even broadly to anything you’re planning to invest in, …

Russia to Change 13 Laws and Codes for Digital Ruble

Authorities in Russia are gearing up to amend various pieces of legislation to facilitate the issuing and function of the digital ruble. Officials in Moscow believe this version of the national fiat needs to be regulated separately from other digital forms of money such as cryptocurrencies. Russia Prepares to Trial Digital Ruble, Officials Say CBDC …

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