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CFTC Fines Stablecoin Issuer Tether and Crypto Exchange Bitfinex $42.5 Million

15.10.2021
On Friday, October 15, 2021, the U.S. Commodity Futures Trading Commission (CFTC) announced that it had ordered the company Tether Holdings Limited and Ifinex Inc., the parent company of Bitfinex, to pay fines totaling $42.5 million. The CFTC accuses Tether of “making untrue or misleading...

ShapeShift hopes to create 'rarest and most historical' NFTs with 80% trading card supply burn

15.10.2021
According to the exchange, it plans to retain 16 cards from the blockchain-based game Spells of Genesis to sell before 2022 and give 16 to its DAO

Bitcoin all-time highs 'just a matter of time' after a BTC ETF approval looks certain

15.10.2021
Bitcoin price spikes above $61,800 as the promise of a BTC ETF approval reignites the discussion on whether the top-ranked cryptocurrency will hit $100,000 by the end of the year

NFTs allow people to ‘interact with crypto in a hands-on way’ — Shaq

15.10.2021
NFT art and sales dominated headlines all throughout 2021, and now that crypto has gone mainstream, Shaq says the sector is primed for expansion

How will DOJ’s new crypto enforcement team change the game for industry players, good and bad?

15.10.2021
In a bid to catch up with cybercriminals, the Justice Department is pooling all crypto expertise in one place

Bitcoin Price Smashes $61.7K High — Leading Crypto Asset Needs to Gain Over 5% to Reach ATH

15.10.2021
The price of bitcoin has continued to push toward higher prices as the leading crypto asset has tapped a high of $61,749 per unit on Friday. The crypto asset came awfully close (around 5.3% away) from tapping the all-time price high reached six months ago on April 14. Bitcoin’s Bull Market...

Right-wing Indian group calls for stricter crypto regulations

15.10.2021
The leader of the conservative Hindu group has called for proper policing of the crypto space along with other stricter measures targeted at the digital space

Coingecko Publishes Q3 Crypto Report — BTC Outperformed Every Major Asset Class, Altcoins Decouple

15.10.2021
On Thursday, the crypto asset aggregation portal Coingecko published the firm’s 2021 third-quarter report which shows a number of different findings. According to the study, for the most part, the crypto economy recovered from the market downturn in May as the top 30 market caps grew by...

Inflation Scares in an Uncharted Recovery

15.10.2021
Francesca Caselli is an economist in the World Economic Studies Division of the International Monetary Fund (IMF) Research Department. Prachi Mishra is an Advisor in the Research Department at the IMF. _____ The economic recovery has fueled a rapid acceleration in inflation this year for advanced...