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Hong Kong to Make Retail Crypto Trading Legal: Report
27.10.2022
Hong Kong plans to legalize retail trading of cryptocurrency as a means of becoming a crypto hub, Bloomberg reported Thursday
Crypto Exchange FTX Is Working on Creating a Stablecoin: Report
27.10.2022
Cryptocurrency exchange FTX is working on developing and issuing a stablecoin, CEO Sam Bankman-Fried said in an interview with The Big Whale
Crypto Predictions Site Polymarket Foresees Republicans Winning Both Senate and House
27.10.2022
Cryptocurrency predictions site Polymarket is giving an overall 64% chance to Republicans for taking control of Congress indicating Democrats could be in for a rude shock
Nigerian CBDC Still Not Widely Used a Year After Launch
27.10.2022
On October 25, Nigeria commemorated the first anniversary of the Central Bank of Nigeria’s e-naira, even as more residents continue to snub the digital currency. In a move aimed at boosting the use of the CBDC, the central bank is offering a 5% discount to motorized rickshaw drivers...
Blockchain.com Launches Crypto Visa Card With 1% Cashback Crypto Rewards
27.10.2022
Crypto firm Blockchain.com has announced the launch of a new crypto-centric pre-paid Visa card and so far, 50,000 users have registered for the waitlist signup. In addition to launching its crypto Visa card powered by the card issuing platform Marqeta, Blockchain.com Visa users will earn 1% back...
Google Admits Crypto Winter Is Hurting Ad Business
27.10.2022
The digital asset market downturn that started the current crypto winter is negatively affecting search spending, Google has acknowledged. Ad growth in the third quarter fell to a low seen only once in almost a decade, the tech company revealed this week. With Fewer Crypto Ads, Google Registers...
Metaverse losses top $3.6B for Meta with spending set to increase
27.10.2022
The tech giant is just over $500 million away from topping its more than $10 billion Metaverse department losses in 2021, but it said its spending will only grow next year
Economist Peter Schiff Warns the US Dollar Will Crash — Says ‘We’re Going to Default’
27.10.2022
Economist Peter Schiff has warned that the U.S. dollar will crash. Noting that the U.S. is “in a much bigger fiscal mess than Great Britain,” with a much bigger debt problem, Schiff stressed: “Can we possibly repay this debt? Of course not. Repaying the debt is impossible....
JPMorgan CEO Jamie Dimon: US-China Tensions, Russia-Ukraine War ‘Far More Concerning’ Than Recession
27.10.2022
JPMorgan Chase CEO Jamie Dimon says the tensions between the U.S. and China and the Russia-Ukraine war are “far more concerning than whether there’s a mild or slightly severe recession.” He stressed: “I would worry much more about the geopolitics in the world today.”...
First Mover Asia: Crypto Traders Are Betting on World Cup-Themed Tokens. What’s Driving the Interest?
27.10.2022
Some of the tokens have soared in recent days, although they are not licensed or have an affiliation with World Cup teams. An analyst says they “have little to no intrinsic value.”
Dogecoin Soars as Elon Musk's Twitter Deal Nears Completion
27.10.2022
The billionaire entrepreneur is supposed to close his purchase of the social media platform on Friday
Fed Governor Waller Skeptical of Central Bank Digital Currencies — Says He’s ‘Not a Big Fan’ of the Fed Issuing Digital Dollar
27.10.2022
Federal Reserve Governor Christopher Waller says he is not a big fan of the Fed issuing a central bank digital currency (CBDC). “It’s just a checking account at the Fed,” said the governor. Federal Reserve Chairman Jerome Powell recently said that the central bank has not decided...
Blockchain.com May Raise Money at Significant Discount to Previous Valuation: Bloomberg
26.10.2022
Billionaire Quant Trader Donates a Record $1.9M of Bitcoin to a Super PAC
26.10.2022
Jeffrey Yass, founder of Susquehanna International Group, gave 100 bitcoin worth more than $1.9 million to a crypto-supporting super PAC
Market Wrap: Bitcoin Continues Its Upturn, Rests Comfortably Over $20.7K
26.10.2022
Ether also soars for a second consecutive day and is trading well over $1.5K. Market Wrap is CoinDesk’s daily newsletter diving into what happened in today's crypto markets
Facebook Parent Meta Misses Revenue Estimates for Metaverse Division in Q3, Expects Losses to Grow in 2023
26.10.2022
Meta's revenues for the division came in at $285 million, down from $452 million in the second quarter
Norway Steps Into the Metaverse With Decentraland Tax Office
26.10.2022
The move is part of a greater effort to educate a younger audience about taxes related to DeFi and NFTs – starting with an office in the metaverse
Aspen Creek Digital and Compass Mining to Host Thousands of Bitcoin Mining Rigs at Texas Solar Farm
26.10.2022
On October 26, the bitcoin mining operator Aspen Creek Digital Corporation (ACDC) announced that the company has commenced operations at its solar farm-powered high performance computing center (HPCC) in Texas. ACDC further detailed that the company inked a deal with the firm Compass Mining...
What a Web3 Hackathon Teaches Us About Diversity in Crypto
26.10.2022
CRADL’s Katherine Paseman helped organize a new type of crypto bootcamp, helping founders address social, environmental and justice issues around the world
DeFi Must Be Defended
26.10.2022