A US Federal Jury Says Crypto 'Paycoin' is Not a Security
5.11.2021
Adding to the ongoing debate on the legal status of cryptoassets, a federal jury in Connecticut, USA, has ruled that a cryptocurrency and related assets offered by Paycoin founders are not securities. ...
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Kazakhstan Imposes Purchase Limits on Retail Crypto Investors
5.11.2021
Authorities in Kazakhstan have introduced restrictions on the amounts of cryptocurrency retail investors can buy on local exchanges. Officials explained the decision citing the need to protect private individuals from exposure to the risks associated with digital financial assets. Investors...
EU central banks work on DLT-based asset settlement
5.11.2021
Banca d’Italia and Deutsche Bundesbank shared experiences on distributed ledger technology-based settlements in a workshop
Australian Crypto-Focused ETF Hits Record, Spot-Based BTC, ETH ETFs Expected
5.11.2021
The first crypto industry-focused exchange traded fund (ETF) in Australia was launched on Thursday this week, and within 15 minutes of trading a new record in trading volumes on the Australian stock market was smashed. Meanwhile, new regulations have opened the door for spot-based bitcoin (BTC)...
Sky Mavis Launches Katana, a Native Dex for Its Ronin Sidechain
5.11.2021
Sky Mavis, the company behind the development of Axie Infinity, has launched Katana, the first decentralized exchange for Ronin, its custom-made Ethereum sidechain. Katana will feature all of the tokens used in Sky Mavis’ products, including SLP and AXS, the native tokens of the Axie...
New study reveals which US cities lead crypto hires in 2021
5.11.2021
LinkedIn data shows while major cities lead the crypto-related hires, half the jobs in the U.S. are dispersed around the country
Mintverse Closes Successful Seed Round of $1.5M
5.11.2021
PRESS RELEASE. Dubai, UAE, 5th November 2021 — Mintverse, a new and improved NFT service platform, closes their seed round raising $1.5 million from private investors. Led by A&T capital, and other large investment firms including Mirana Ventures, Longling Capital, Genesis Block...
Bitcoin Turns Into a Political Tool as US Mayors Compete For BTC Salaries
5.11.2021
Another US politician deciding to accept some of their salary in crypto shows how bitcoin (BTC) is increasingly becoming a political instrument for decision-makers who wish to appeal to more tech-savvy and crypto-friendly voters.
The election of Eric Adams as the new mayor of New York City...
Microsoft to Offer Mesh, a Corporate Metaverse for Teams
5.11.2021
Microsoft has announced the launch of a metaverse-inspired feature for its Teams app called Mesh. Mesh will allow users to introduce personalized avatars in digital worlds, making meetings more immersive. The platform is being announced on the heels of Facebook’s pivot to becoming...
‘Pernicious’ Reporting Clause Irks US Crypto Industry as House Votes on Infra Bill
5.11.2021
US Congress could finally approve or reject the much-maligned Infrastructure Bill today after the draft law was finally slated for a vote.
The ruling Democratic Party has a narrow eight-seat majority and will likely need a near-unanimous vote in favor with few or no abstentions for the measure...
Former Comptroller Brian Brooks gets a new gig as Bitfury CEO
5.11.2021
Former Binance.US CEO Brian Brooks has become the new CEO of Bitfury and will oversee the firm’s rapid expansion plans
Raoul Pal: Expect the 'path of most pain' around December
5.11.2021
Pal says that the upcoming release of ETH 2.0 and and ETH ETF will extend the crypto market cycle