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CTFC slammed for ‘blatant regulation by enforcement’ over Ooki DAO case

September 23, 2022 by

The CFTC’s actions have even been met with strong pushback from its own commissioner, while others have drawn comparisons to the SEC’s regulation by enforcement tactics.

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Rep. Warren Davidson: Stablecoin bill has ‘outside chance’ of finalizing this year

September 23, 2022 by

Earlier this week, new draft legislation on stablecoins came to light aimed at “endogenously collateralized stablecoins.”

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Fork, yeah! Cardano Vasil upgrade goes live

September 23, 2022 by

Cardano’s newest hard fork is the blockchain’s most significant update since adding smart contract functionality last September.

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Many NFT projects lack adequate smart contract testing, says nameless founder

September 23, 2022 by

Last year, the Akutars NFT collection sold out 15,000 tokens, but a major big saw $33 million worth of Ether (ETH) generated from sales locked into an inaccessible smart contract.

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Rushing ‘token mapping’ could hurt Aussie crypto space — Finder founder

September 23, 2022 by

Australian crypto entrepreneur Fred Schebesta said Australia already has a “fledgling” crypto industry but needs to “align with the other major markets.”

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XRP price breaks out of range with a 25% rally, but why?

September 22, 2022 by

XRP attracts buyers after the hope of a positive court ruling triggers a 25% rally above a key longer term resistance level.

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UK gov’t introduces bill aimed at empowering authorities’ to ‘seize, freeze and recover’ crypto

September 22, 2022 by

King Charles announced the bill in May to both houses of the U.K. Parliament, saying it was aimed at tackling illicit finance, reducing economic crime and helping businesses grow.

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Helium migrates its blockchain to Solana following T-Mobile partnership

September 22, 2022 by

The project’s developers cites Solana’s ability to improve efficiency as scalability as reasons for the move.

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Coinbase counters WSJ claim its Risk Solutions group engaged in $100M proprietary trade

September 22, 2022 by

In a blog post, Coinbase said the WSJ seemed to confuse the nature of a transaction earlier this year made using money raised through a structured note that was later sold.

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Bitcoin’s 60% year-to-date correction looks bad, but many stocks have dropped by even more

September 22, 2022 by

Legacy investors often say BTC, ETH and altcoin volatility is too high to warrant a sound investment, but many major corporations have seen even larger drawdowns in their stock prices in 2022.

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Get ready for a swarm of incompetence at the IRS in 2023

September 22, 2022 by

The IRS is hiring 87,000 agents, thanks to President Joe Biden’s 2021 infrastructure package, but they won’t be fully trained for three years.

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Korean crypto bank partners with Blockdaemon to offer retail staking services

September 22, 2022 by

In January, Delio was granted Virtual Asset Service Providers (VASP) approval by the Korean Financial Intelligence Unit.

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Coinflex plans give 65% of company to creditors as part of restructuring proposal

September 22, 2022 by

Subject to a vote and court approval, the plan proposed CoinFlex creditors own 65% of the company, while its team members be allocated 15% of the company’s shares.

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Crypto bug bounty platform Immunefi raises $24M led by Framework Ventures

September 22, 2022 by

The growth of decentralized finance, or DeFi, has made the blockchain industry especially vulnerable to scams and attacks.

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Total crypto market cap shows strength even after the Merge and Federal Reserve rate hike

September 22, 2022 by

Many of the top-80 cryptocurrencies dropped by 15%+ in the past week, but the Tether premium in Asia-based futures markets shows traders remain calm.

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Blockchain venture capital funding fell to a 12-month low in August

September 22, 2022 by

The crypto market downturn continues to impact private funding, but one fund is bullish about the future of Web3.

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Fed interest rate hike rattles the crypto market: Dig deeper with Market Talks

September 22, 2022 by

The Fed has once again increased interest rates by another 75 basis points. Join us as we discuss this and more with Tim Warren, co-host of Coffee N Crypto, and Yashu Gola, a Cointelegraph market analyst.

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South Korean gov has confiscated 260B KWR in crypto for non-payment of taxes since 2021

September 22, 2022 by

The country began seizing crypto to offset tax arrears last year.

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This Bitcoin long-term holder metric is nearing the BTC price ‘bottom zone’

September 22, 2022 by

Bitcoin accumulation is in full swing during the downtrend despite BTC price having more room to drop.

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Russian officials approve use of crypto for cross-border payments: Report

September 22, 2022 by

Deputy finance minister Alexei Moiseev said the policy describes “how to acquire cryptocurrency, what can be done with it” and its use in cross-border settlements.

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Ethereum post-Merge hard forks are here: Now what?

September 22, 2022 by

The Merge marks a turning point for the Ethereum network, but what are the consequences of switching to a new consensus mechanism?

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Toss in your job and make $300K working for a DAO? Here’s how

September 22, 2022 by

“The collaboration-maxi nature was a welcome breath of fresh air.”

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UNICEF Giga NFTs to connect schools in developing countries to internet

September 22, 2022 by

The popularity of NFTs drives fundraising experiments for UNICEF’s Giga initiative to connect more schools around the world to the internet.

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Metaverse graphics aim for community and accessibility — Not realism

September 22, 2022 by

Metaverse graphics have been questioned in terms of quality, but industry experts explain that images appear certain ways for a reason.

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GEM Digital commits $50M to ParallelChain Lab for L1 protocol development

September 22, 2022 by

As a proof-of-stake layer-1 protocol, ParallelChain intends to deliver an architecture that operates in confidentiality while allowing to validate transactions.

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Coinbase enters the Netherlands with central bank approval

September 22, 2022 by

U.S.-based crypto exchange Coinbase is approved by De Nederlandsche Bank, the central bank of the Netherlands.

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Binance establishes Global Advisory Board to work on regulatory and political issues

September 22, 2022 by

The former United States Senator Max Baucus will be leading the board that includes 11 other prominent figures.

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How to stake Fantom (FTM)?

September 22, 2022 by

An alternative to Ethereum, Fantom is a layer-1 blockchain on which you can stake Fantom (FTM) to earn passive income with crypto holdings.

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Chamber of Digital Commerce gets approval to join the SEC vs Ripple lawsuit

September 22, 2022 by

The crypto advocacy group is granted the status of “the friend of the court.”

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Ethereum risks another 10% drop versus Bitcoin as $15.4M exits ETH investment funds

September 22, 2022 by

Macroeconomic factors and centralization concerns are putting pressure on Ethereum’s price post-Merge.

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