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Former Federal Prosecutor: There’s Much More to Crypto Than Financial Use Cases, Regulation Cannot Be One Size Fits All
1.10.2021
Former federal prosecutor Katie Haun says that regulators really need to take stock of the fact that we’re beyond just financial use cases of cryptocurrency. “There’s much more to crypto than that,” she said, adding that “Regulation cannot be one size fits...
DeFi and DEX volumes soar amid China's crypto ban and ongoing US regulation
1.10.2021
Data shows that crypto holders are increasingly shifting to DeFi protocols and DEXs as China continues its cryptocurrency crackdown and fears of heavy-handed regulation scare US-based traders
Billionaire Orlando Bravo Owns Bitcoin, Says ‘It Will Increase Significantly, I’m Very Bullish’
1.10.2021
Orlando Bravo, the billionaire who co-founded private equity firm Thoma Bravo, says he is very bullish on bitcoin, expecting the cryptocurrency to “increase significantly.” He described: “Crypto is just a great system. It’s frictionless. It’s decentralized....
Rari, Telos and Polymath rally as Bitcoin price hits $44K
30.9.2021
RGT, POLY and TLOS secure double-digit gains as investor sentiment rises after the Fed says it will not ban cryptocurrencies and Bitcoin briefly reclaims $44,000
Ethereum bears look to score on Friday’s $340M weekly ETH options expiry
30.9.2021
Derivatives data shows bears have sufficient incentives to keep ETH price below $3,000 heading into Friday’s $340 million options expiry
CFTC Charges 14 Trading Platforms Offering Crypto-Related Investments
30.9.2021
The Commodity Futures Trading Commission (CFTC) has charged 14 trading platforms that claim to offer crypto-related investments but have either failed to register with the CFTC or falsely claimed to be registered. These websites also exhibit other signs of being scams. 14 Entities Charged by CFTC...
Survey Shows 64% of Britons Believe Crypto Is ‘Not a Safe Investment,’ Respondents Think Ethereum Is a Drug, Cardano Is Cheese
30.9.2021
While there’s a lot of hype surrounding digital currencies like bitcoin, a great number of people are still confused by the crypto economy and the myriad crypto assets that exist. One study shows that some people think Ethereum is a drug, while others think Cardano is a cheese. Traders...
SparkPool ETH Miner Shuts Its Business Post Crypto Ban in China
30.9.2021
SparkPool, considered to be one of the world’s largest miners of Ethereum, has just ceased operations as China’s crackdown intensifies. The mining pool of Ethereum shut down in China in the wake of the country’s decision to ban cryptocurrencies. This follows the People’s...
Ripple Launches $250 Million Creator Fund Bringing NFTs to Ledger
30.9.2021
Ripple has announced a $250 million Creator Fund to let developers experiment with novel uses for NFTs on the XRP Ledger (XRPL). Ripple, in its statement, said that as part of the APEX 2021, XRP Ledger’s Developer Summit, the fund would allow creators to connect with the communities they work...
How Binance Helps Legal Authorities Take Down Cybercriminals Laundering Illicit Funds
30.9.2021
According to the latest UN statistics, global money laundering transactions reach up to $2 trillion a year. A small fraction of that huge amount passes through the digital assets ecosystem, and responsible actors in it are working to bring that down even more. As the world’s leading...
Terra to Apply Columbus 5 Mainnet Migration
30.9.2021
Terra, a top 15-ranked cryptocurrency by market capitalization, is planning to apply the Columbus 5 upgrade to its mainnet today. If everything goes according to plan, this new update will bring improvements to allow the Terra network to keep expanding. Columbus 5 will change how the network mints...
DEFIT Goes Live on Polygon and Quickswap
30.9.2021
DEFIT is set to expand its market reach with two new integrations. The platform recently announced going live on Polygon and Quickswap. The collaboration with Polygon will offer DEFIT users scalability and adaptability. On the other hand, DEFIT’s listing on Quickswap will open unforeseen customer...
CoinEx crypto exchange to remove all mainland China users in October
30.9.2021
CoinEx previously blocked access and terminated the registration of new users from mainland China in March 2019
Taking Coins from Bugged Compound Contract: Illegal, Unethical or Perfectly Fine?
30.9.2021
analytics firm DeFiPrime, “claiming [COMP] from [the] bugged smart contract is illegal or unethical?”The replies range from both, to neither, and to “economically rational.” Many more it seems would
‘Faster and Cheaper Cross-Border Transfers’ — Banking Report Led by BIS Highlights the Benefits of Cryptocurrency
30.9.2021
According to a report published by the Bank of International Settlements (BIS) and a group of central banks, digital currencies can lead to faster settlement and cheaper transfers. Moreover, the banking group leveraged a prototype that shows how money transfers can be done in seconds with very...
Tesla CEO Elon Musk Opposes Governments Regulating Crypto, Says They Should ‘Do Nothing’
30.9.2021
Tesla CEO Elon Musk thinks governments should not try to regulate cryptocurrency. “I would say, do nothing,” he recommended. Musk believes that it is not possible to destroy crypto, but governments can “slow down its advancement.” Elon Musk Says Governments Should...
Miami Mayor: China’s Crypto Crackdown ‘Creates Incredible Opportunity for America’ in Bitcoin Mining
30.9.2021
The mayor of Miami, Florida, sees China’s cryptocurrency crackdown as “the turning point” that “creates an incredible opportunity for America.” He said: “Their loss is our gain and America can and will lead the future by providing a clean power home...
Thailand to Develop ‘Cryptourism,’ Considers Issuing Utility Token
29.9.2021
In search of ways to heal its travel industry, hurt by the pandemic, Thailand is now recognizing an opportunity to tap into a growing market of cryptocurrency holders. Fostering a “cryptourism atmosphere” is what the country’s tourism agency intends to do, including by minting...
Swiss Regulator Approves First Crypto Fund: Asset Manager Says ‘It’s an Exceptional Achievement’
29.9.2021
Switzerland’s Financial Market Supervisory Authority (FINMA) has approved the first Swiss crypto fund. It is managed by asset manager Crypto Finance and custodied by Seba Bank. “For the first time, FINMA has approved a Swiss fund that invests primarily in cryptoassets,” said...
Kraken Charged by CFTC Over Margined Crypto Transactions, $1.25 Million Penalty Imposed
29.9.2021
The Commodity Futures Trading Commission (CFTC) has charged Payward Ventures, the operator of cryptocurrency exchange Kraken, “for illegally offering margined retail commodity transactions in digital assets, including bitcoin, and failing to register.” CFTC Charges Kraken, Imposes...