FDIC Makes Crypto Evaluation a Priority This Year Citing ‘Significant Safety and Financial System Risks’
9.2.2022
The U.S. Federal Deposit Insurance Corporation (FDIC) has named the evaluation of crypto assets a priority this year. “The rapid introduction of a variety of crypto-asset or digital asset products into the financial system could pose significant safety and soundness and financial system...
RNDR, NFTX and YGG bounce higher as the market rewards projects focused on utility
8.2.2022
Focusing on utility and continuing to build during a strong bear trend appears to have helped Render Token, NFTX and Yield Guild Games bounce back from the recent correction
Covesting Token Update: All-New COV-Denominated Accounts Now Live on PrimeXBT
8.2.2022
Utility coins are a dime a dozen, but those that actually provide a plethora of benefits for holders are ultra-rare and worth paying closer attention to. The COV token is a utility token that unlocks a variety of account-level benefits already but continues to evolve in the available ways holders...
Japan-based messaging app will offer trial run of native token starting in March
8.2.2022
LINE Pay said it was considering adding other cryptocurrencies including Bitcoin and Ether to its payments options in the future
'China's crypto ban had little impact on Neo,' says organization's developers
8.2.2022
It's had a brutal fall from all-time highs, but the project still retains a market of $1.6 billion and has a dedicated community of developers
Stablecoin Whale Domination — Tether Addresses Valued at $1M Own More Than 80% of USDT Supply
8.2.2022
As the market capitalization of the stablecoin tether nears $80 billion, with its current $77.9 billion valuation, data from onchain researchers at Santiment indicates that tether addresses valued at $1 million own more than 80% of the entire supply. Tether’s Whales Command More Than 80%...
Blockchain-based internet company 3air abandons Cardano for SKALE network
8.2.2022
A dearth of Haskell developers on Cardano prompted 3air to switch over to a more Ethereum-friendly environment
Is It Early or Too Late to Invest in Bitcoin: Wells Fargo Has 3 Tips for New Crypto Investors
8.2.2022
US-headquartered banking giant Wells Fargo has three tips for new cryptoasset investors, with a recent report released by the bank’s Investment Institute answering the question that many ask themselves: is it too early or too late to jump on the crypto train? The report's authors advise...
Bitcoin bulls aim to solidify control over BTC price by flipping $44K to support
8.2.2022
Bulls seek to flip $44,000 to support and analysts forecast further upside for BTC, calling the asset “the Amazon of our time.”
PayPal establishes advisory council for crypto and blockchain
8.2.2022
“We believe it is crucial to engage with the world’s best leaders to better understand the industry's most compelling opportunities and complex challenges,” said Jose Fernandez da Ponte
US Seizes 94,636 Bitcoin From 2016 Bitfinex Hack in ‘Largest Crypto Seizure to Date’ — 2 People Arrested
8.2.2022
The U.S. Department of Justice (DOJ) has announced the seizure of 94,636 bitcoins directly linked to the 2016 hack of the cryptocurrency exchange Bitfinex. This is the DOJ’s “largest cryptocurrency seizure to date.” In addition, two people have been arrested in connection with...
Florida Home to be Auctioned Off as an NFT
8.2.2022
A Florida, USA home is being auctioned off as a non-fungible token (NFT) for the first time in the history of real estate. Real estate startup Propy will host the auction and will accept payment in the form of digital assets.
The 2,162-square-foot Tampa Bay home has five bedrooms and three...