FTX crypto exchange founder Sam Bankman-Fried is optimistic that clarity provided by regulators around the world will stimulate institutional adoption rates for crypto this and subsequent years. In a Jan. 3 interview with Bloomberg, SBF talked about crypto regulations, institutional adoption, and the Metaverse. Despite the rocky end to 2021 for markets, SBF is “optimistic” …
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Crypto asset manager Grayscale Investments has rebalanced its Grayscale DeFi Fund and adjusted weightings of its Digital Large Cap Fund. A Jan. 3 announcement detailed the changes Grayscale made to its two funds. The DeFi Fund’s weightings have been rebalanced with AMP, the native collateral token of the Flexa payment network being added, while Bancor’s …
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Data aggregator DeFi Lama adds Cardano marking the start of the project’s foray into decentralized finance. This happened thanks to an under-the-radar DeFi offering going live at the beginning of the new year. Recently, Cardano has been feeling the heat over its lack of useable dApps. Critics say it’s been around four months since the …
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Estonian Ministry of Finance released an official clarification of the recently submitted draft legislation that stirred up rumors about a possible ban on cryptocurrencies. According to the rebuttal, the bill, which still needs to undergo three parliament readings, was drafted and submitted in a bid to tighten the existing crypto service providers licensing, and will …
Although Bored Ape Yacht Club (BAYC) NFTs launched in April 2021, a flurry of recent activity has pushed the collection firmly back into the collective crypto consciousness lately. A string of celebrity owners, a tie-in with Adidas, not to mention a current floor price of 72.5 ETH ($277k), makes it one of the most successful …
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Over 300,000 customers of Banca Generali will be able to purchase and hold Bitcoin this year. The feature was enabled through the bank’s partnership with cryptocurrency platform Conio, which will be integrated into Bance Generali’s Home Bank application. Bitcoin trading is coming to Banca Generali According to a recent report from We Wealth, Banca Generali’s …
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Major fashion company H&M has denied the rumor that it is opening a store in the metaverse. According to false reports, customers could walk through the store and purchase products in the Ceek metaverse. H&M Denies Metaverse Rumor and Collaboration With Ceek Several major publications reported Monday that retail clothing giant H&M has opened a …
The U.S. Commodity Futures Trading Commission (CFTC) has ordered a “decentralized” prediction market platform to shut down non-compliant markets and pay a fine of $1.4 million. “Polymarket had been operating an illegal unregistered or non-designated facility for event-based binary options online trading contracts, known as ‘event markets,’” said the derivatives regulator. CFTC Takes First Crypto …
January 3, 2022 – Hong Kong, Hong Kong Last year, the HeliumRent team concentrated on distributing their hotspot capacities to their customers via the Helium.rent platform. The company has been working in the radio network business for several years and has been able to build structures all over the world. The existing radio stations make …
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January 3, 2022 – Bucharest, Romania A Twitter post by the DeFi Yield Protocol’s CEO and founder, Mihai Nicusor Busica, revealed his purchase of an NFT from the Bored Ape Yacht Club collection on January 3, 2022. The Bored Ape Mihai acquired is number 1,112, which he paid a whopping 80 ETH for – equivalent to $304,000. …
Continue reading “DYP Founder Purchases a BAYC NFT Ahead of the DYP PAW NFT Collection Launch”
Coinbase Chief Product Officer Surojit Chatterjee is the latest to publish his predictions for the crypto industry in 2022 and he foresees major advances in the scaling of Ethereum. Industry leaders, analysts, and investors are sharing their 2022 predictions for the crypto ecosystem, and Coinbase’s Surojit Chatterjee is confident that Ethereum will be at the …
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The inventor of Ethereum Vitalik Buterin has come out of a self-imposed Twitter hibernation period, as he called via his personal account. On his first post of 2022, Buterin reviewed some of the ideas, proposals, and thoughts from this past decade to find if he maintains the same position as when he first talked about …
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El Salvador President Nayib Bukele tweeted his forecasts for Bitcoin in the year on New Year’s Day 2022, making some rather bullish predictions. Bukele Make Bullish Predictions On Bitcoin Under Bukele’s presidency, El Salvador became the first government to embrace Bitcoin as legal tender last year as a countermeasure to the country’s rising inflation. Since …
On-chain data shows Bitcoin exchange whale ratio has started rising, suggesting that a dump of the crypto may be coming soon. Bitcoin Whales Now Account For 90% Of Inflow To Exchanges As pointed out by a CryptoQuant post, the exchange whale ratio has risen above 0.9, implying that dumping may be going on in the …
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The VeChain Foundation has started 2022 with a potential major announcement. Via their official Twitter handle, the organization hinted at the possible released of a new native stablecoin called VeUSD. Related Reading | VeChain Foundation Welcomes New DEX To Its Ecosystem The Foundation little details on this new product but announced its followers that it’ll …
