Crypto CEOs request Congress provide regulatory clarity at hearing on digital assets
8.12.2021
"We don’t need knee-jerk reactions by lawmakers to regulate out of fear of the unknown rather than seeking to understand," said Representative Patrick McHenry
India to Impose Ban on Crypto Payments, Deadline for Declaring Crypto Assets, KYC Rules: Report
8.12.2021
The Indian government has reportedly proposed banning the use of cryptocurrency for payments and setting a deadline for investors to declare their crypto holdings. Violators may be arrested without a warrant and held without bail. In addition, the crypto bill may call for a uniform...
USD 3B Crypto Trading Floor, Bitmart Resumes Ethereum Withdrawals + More News
8.12.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: USD 3B Crypto Trading Floor, Bitmart Resumes Ethereum Withdrawals + More News
What Facebook’s rebranding tells us about Big Tech’s ‘Game of Platforms’
8.12.2021
While built on the idea of connectivity, the Metaverse could instead break the internet apart, but the solution lies in how the business is done
$11 Billion Added to Stablecoin Economy in 10 Days, UST and OUSD Issuance Swells
8.12.2021
During the last week of November, the stablecoin economy had crossed the $150 billion mark for the first time with tether and usd coin dominating the pack. In a mere ten days, the stablecoin economy gathered another $11 billion in value with origin dollar and terra usd swelling significantly during...
Central Banks Test CBDC as 'Multiple Assets and Currencies' Coming For Them
8.12.2021
Competing systems for settlement of “multiple assets and currencies” may emerge, and it is the job of central banks to ensure the maintenance of “equitable access” to central bank-issued money, a new report from the Bank for International Settlements (BIS) has said....
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Asteria and Netswap Announce a New Strategic Partnership
8.12.2021
Netswap established a strategic partnership with Asteria on Wednesday, December 8th. Asteria is a decentralized option technology that uses a peer-to-peer trading framework. Asteria employs expert pricing models as well as a complete risk management strategy with a Delta Neutral Hedging system....
MoonPay Is Launching NEAR Fiat on a Global Scale
8.12.2021
MoonPay, a Swiss-based cryptocurrency payment infrastructural firm used by over five million people, recently announced that clients in 150 countries would indeed be eligible to purchase $NEAR instantly through its website. While MoonPay customers in Europe and abroad can currently purchase $NEAR...
Litecoin (LTC) Is Struggling to Get a Bullish Momentum
8.12.2021
Litecoin is still undervalued than Bitcoin, though it tripled its value this year. It has an ATH of $412, but experts believe its current market value would be $1500. That is why it is in the news as an alternative to Ethereum and Bitcoin. The catalyst of increasing the Litecoin value is halving....
Watch: 6 Crypto CEOs Testify About Threshold Issues, Bitcoin Mining, and More
8.12.2021
US lawmakers should take steps to bring crypto-related activities into the regulated financial system, while also developing a “national policy for a decentralized Web 3” as they did for Web 1 in the 1990s, Brian Brooks, CEO of Bitcoin (BTC) mining firm Bitfury, wrote in a testimony ahead of...
Ubisoft Testing In-Game NFTs on a New Platform
8.12.2021
Ubisoft launched Ubisoft Quartz, a digital framework for gamers to obtain Digits, the very first NFTs (Non-Fungible Tokens) played in an AAA title and powered by power-efficient technology. Digits would be published as part of special Releases, each consisting of a specific amount of cosmetic...
Another Unnamed Investor Offers to Bail Out Collapsed South Africa Crypto Firm
8.12.2021
A new unnamed investor has offered to bail out Africrypt, the collapsed South Africa-based crypto investment company, with $5 million. The offer, which does not require criminal charges against Africrypt directors to be dropped, must be accepted within seven days. A Better Offer A new mystery...