Hong Kong begins discussions to introduce stablecoin regulatory framework
15.1.2022
The Hong Kong Monetary Authority shared a list of eight questions to seek policy-related recommendations citing five possible regulatory outcomes — no action, opt-in regime, risk-based regime, catch-all regime and blanket ban
North Korean Hackers Stole $400 Million in Cryptocurrency Last Year — Ether Accounts for 58% of Stolen Funds
15.1.2022
North Korean hackers stole cryptocurrency worth about $400 million last year in at least seven major attacks on crypto platforms. “Only 20% of the stolen funds were bitcoin … And for the first time ever, ether accounted for a majority of the funds stolen at 58%,” said...
JPMorgan Client Survey: Majority Expect Bitcoin Price to Reach $60K or More This Year
15.1.2022
Global investment bank JPMorgan has asked its clients what they think the price of bitcoin will be by year-end. Among the bank’s clients who responded, 55% expect the price of bitcoin to end the year at $60K or higher. What JPMorgan’s Clients Expect the Price of Bitcoin to Be...
How Music NFTs Could Disrupt the Music Industry
15.1.2022
Copyright issues, exploitation, no royalties. These are but a few challenges that musicians all over the world face when it comes to the production and distribution of their music. With the emergence of music non-fungible tokens (NFTs), there is the potential that the music industry can...
Visa: One in Four Businesses Surveyed Plan to Accept Cryptocurrency Payments This Year
15.1.2022
Payments giant Visa has conducted a survey of small businesses and found that almost a quarter of those who responded plan to accept cryptocurrency payments this year. “I think more people are feeling more confident with crypto,” said a Visa executive. Small Businesses in 9 Countries...
Altcoin Roundup: 3 ways blockchain technology could further mainstream in 2022
15.1.2022
The trend of blockchain adoption is set to continue in 2022. Here are three sectors that are likely to pivot toward DLT solutions
British Lawmakers Say a CBDC Is Likely to Hurt Financial Stability — Digital Pound Benefits Overstated
14.1.2022
According to British lawmakers, a central bank digital currency (CBDC) is likely to raise the cost of borrowing while hurting financial stability. They insist the touted potential advantages of a digital pound are being overstated. Erosion of Privacy British lawmakers have said the use of a central...
Bitfinex advises Ontario-based users to close accounts before March 1
14.1.2022
The Ontario Securities Commission has been responsible for cracking down on crypto exchanges operating in the region, including Binance, OKEx, Bybit, KuCoin and Polo Digital Assets
Stacks ecosystem becomes #1 Web3 project on Bitcoin
14.1.2022
There were also 140,000 NFTs minted on the Stacks blockchain during its inaugural year
Dogecoin leaps 25% after Musk announces DOGE payments for Tesla merch
14.1.2022
The bullish news comes months after the billionaire entrepreneur said DOGE was a better token to transact with than Bitcoin
Going meta: Disney, Second Life and K-pop
14.1.2022
Second Life creator Philip Rosedale returns to the fold, Disney's patent for a "virtual-world simulator in a real-world venue” suggests an entry to the Metaverse, and Animal Concerts partners with South Korea-based Kakao’s Klaytn project
The TradFi-DeFi Tug of War: Is a DeFi-Only Utopia Possible?
14.1.2022
Will Hamilton is Head of Trading & Research at TCM Capital, a wholly-owned subsidiary of Token Capital Management & Technologies Pte Ltd.
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Decentralized finance or DeFi is already level pegging with global multinational financial companies in terms of market capitalization and daily...