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Court in China Recognizes NFTs as Virtual Property Protected by Law
6.12.2022
A court in the Chinese city of Hangzhou has determined that non-fungible tokens, or NFTs, represent virtual property protected by the laws in the People’s Republic. The ruling comes from a case over a dispute between a customer and a platform hired to sell a collection of tokens. Hangzhou Internet...
Paraguay's legislature fails to reverse presidential veto on crypto regulation law
6.12.2022
The reconsideration of the bill, ‘Regulating the industry and marketing of virtual assets — crypto assets’, received 38 votes out of a total of 80 lawmakers
Financial Stability Board aims to address crypto-related issues following 'failure of FTX'
6.12.2022
Though the board can make recommendations to global policymakers, it largely acts as an advisory body with no enforcement authority
Dogecoin Price Prediction as $800 Million Trading Volume Comes In – $1 by 2023?
6.12.2022
DOGE, the native cryptocurrency of the Dogecoin blockchain, continues to consolidate near the $0.10 per token mark, despite a rise in trading volumes since the start of the week. According to CoinGecko, Dogecoin trading volumes were around $800 million in the last 24 hours. Meanwhile, according...
US lawmakers request answers from Silvergate over ties to FTX: Report
6.12.2022
Three senators said they were concerned about Silvergate following reports suggesting that the bank "facilitated the transfer of FTX customer funds to Alameda."
ConsenSys will shorten MetaMask data retention to 7 days following privacy discourse
6.12.2022
The firm sparked controversy last month after disclosing MetaMask's data collection practices
Sushiswap chief says it only has 1.5 years of treasury runway left
6.12.2022
The DEX's operating expenses currently amount to $5 million per year
‘Father of the iPod’ helps Ledger create new cold crypto wallet
6.12.2022
Tony Fadell, the man behind the iPod, iPhone and Nest Thermostat, collaborates with major crypto wallet firm Ledger to build a new cold wallet
Michael Saylor on the FTX fiasco: 'Unethical and illegal from the very beginning'
6.12.2022
Saylor calls SBF the “poster child of the crypto world” while breaking down his antics, which ultimately brought the downfall of his empire
Morgan Creek CEO Says FTX Co-Founder SBF Was a ‘Pawn’ Used to ‘Punish’ the Crypto Industry
6.12.2022
Following FTX’s collapse, many industry executives, influencers, luminaries, and politicians have shared their opinions about the carnage the event has caused to crypto markets and a great deal of innocent bystanders. On Dec. 2, the CEO and founder of Morgan Creek Capital, Mark Yusko...
India’s Central Bank Digital Currency Should Be Able to Do Anything Cryptocurrency Can Do With No Risk, Official Claims
6.12.2022
An Indian central bank official claims that if there is anything cryptocurrencies like bitcoin and ether can do, the Reserve Bank of India (RBI) should be able to create a product that will do the same job without the associated risks. “This is essentially what we are doing in the CBDC...
Standard Chartered Bank: Bitcoin Could Fall to $5,000 Next Year
6.12.2022
Standard Chartered Bank says the price of bitcoin could drop to $5,000 next year. The bank’s analyst explained that cryptocurrencies could fall further and more crypto firms could “succumb to liquidity squeezes and investor withdrawals.” Standard Chartered Bank’s...
Maple Finance cuts ties with Orthogonal Trading over alleged misrepresentation of finances
5.12.2022
Maple’s decision comes after Orthogonal Trading admitted on Dec 3 that it was unable to meet loan repayments following the collapse of FTX and its partner Alameda
Vitalik Buterin discusses his 'excitement' for the future of Ethereum
5.12.2022
Buterin was specifically bullish on the rise of decentralized blockchain identities to enhance user privacy
USDC issuer Circle terminates SPAC merger with Concord
5.12.2022
The deal previously valued Circle at $4.5 billion in July 2021 before an upwards revision to $9 billion in February 2022
Crypto community baffled by SBF dictating terms over congressional hearing
5.12.2022
Many in the crypto community pointed towards Bankman-Fried’s political donations and good Democratic connections via his parents, being one of the key reasons for him to evade arrest
Russia’s Largest Digital Asset Deal Denominated in Chinese Yuan
5.12.2022
A Russian company has announced the country’s first authorized transaction with digital financial assets (DFAs) involving a foreign currency, China’s yuan. The deal, reportedly the largest made to date under the current Russian DFA law, covers the issuance of tokens secured by commercial debt....
Margin trading vs. Futures: What are the differences?
4.12.2022
Margin trading and futures are used in cryptocurrency to multiply gains. Here’s what you need to know about these tools, how they work, and their differences
Demand for Cryptocurrency Miners Rises in Russia Amid Low Prices of Hardware
4.12.2022
Russia’s market for specialized crypto mining equipment has been seeing high demand over the past couple of months, with buyers attracted by the low price tags. Russian experts also predict an increase in the supply of used coin minting hardware as large foreign companies leave the industry....
How to keep your cryptocurrency safe after the FTX collapse
3.12.2022
Sam Bankman-Fried's fraud of misappropriating users' funds have led investors to explore options that can help safeguard their investments