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LedgerX highlights CFTC regulatory gap in customer asset rules
4.11.2023
The new CFTC proposal enhances rules for FCMs and DCOs, mandating high liquidity in customer fund investments
Web3 Pioneer Treehouse Dives Into NFT Analytics with Origins Acquisition
3.11.2023
Web3 data firm Treehouse has announced its acquisition of Origins Analytics, with the goal of expanding into NFT analytics. In a press release released on Thursday, the Singapore-based Treehouse said that it had completed the intellectual property acquisition of Origins to “bolster...
Asset Manager ProShares Introduces SETH ETF for Profiting from Ether Price Drops
3.11.2023
Major US-based Exchange Traded Fund (ETF) provider Proshares has just launched a new short Ether (ETH) product. The new ETF, called the ProShares Short Ether Strategy ETF with the ticker $SETH, will allow investors to profit as the price of Ether declines. Ether is the native currency that powers...
Bitcoin’s Value Can Outpace Gold, Says Fidelity Executive
3.11.2023
Bitcoin (BTC) may be a form of “exponential gold” capable of outperforming the precious metal in times of high inflation, wrote Fidelity’s Global Macro Director Jurrien Timmer on Wednesday. In a series of threads posted on X this week, Timmer outlined how Bitcoin’s...
Injective integrates Kava for stable asset interoperability
3.11.2023
Injective has announced integrating Kava to boost access to stable assets like USDt. The development comes against the backdrop of Injective securing an association with the Tether Foundation. The integration entails two aspects: Direct IBC bridging of USDt into the ecosystem of Injective, with...
Bitcoin Miners Record 10% Stock Growth As Asset’s Price Surge
3.11.2023
The price growth in the cryptocurrency market has resulted in big wins for several sectors including Bitcoin (BTC) miners, blockchain-based firms, and yield farmers. Bitcoin miners have recorded over 10% stock growth as the asset’s price trades near $35,000, close to its 17-month high. ...
Ripple to power Georgia’s central bank digital currency, the digital Lari
3.11.2023
The National Bank of Georgia will use the CBDC platform to assess Digital Lari's benefits for the government, businesses, and retail users
Cathie Wood Bets on Bitcoin Over Gold and Cash as Deflation Hedge for Next Decade
3.11.2023
Cathie Wood has reiterated her confidence in Bitcoin as the go-to asset as hedge against deflation over the next decade. Wood picked Bitcoin over traditional safe havens like gold or cash. Wood believes that deflation is on the horizon, despite the markets’ current focus on heightened...
CoinStats Unveils Chain Activity for Enhanced Airdrop Farming Wallet Insights
2.11.2023
CoinStats introduces enhanced airdrop farming analytics with its latest feature. Image by Malchev, Adobe Stock.Digital asset management platform CoinStats has introduced a new feature called “Chain Activity” to give users more comprehensive insights into their cryptocurrency wallet...
October’s NFT Market Contracts Over 21%, With Ethereum’s Share Shrinking by $35 Million
2.11.2023
October proved to be a beneficial period for the broader crypto asset landscape; however, it cast a shadow on the non-fungible token (NFT) sector, witnessing a 21.64% dip in sales. Ethereum’s NFTs took the lion’s share, amassing $171 million out of the $313 million total, despite...
FCA releases guidance for compliance with new UK crypto asset promotion rules
2.11.2023
The regulator has made a few efforts to help crypto firms comply with the rules that came into force on Oct. 8
Marathon Digital Starts Methane Gas-powered BTC Mining Project
2.11.2023
Marathon Digital , a BTC mining company, has launched a pilot mining initiative in Utah, leveraging methane gas produced from landfill waste to generate the power needed for their mining operations. The company announced on Thursday in a press release that it had entered into an agreement with...
Dubai Moves Forward with Crypto Adoption as WadzPay Secures VARA Initial Approval
2.11.2023
  On October 31, the Dubai Virtual Assets Regulatory Authority (VARA) gave “Initial Approval” to WadzPay signifying a noteworthy stride towards broadening crypto adoption in Dubai. The approval is part of WadzPay’s progress toward achieving a comprehensive Virtual Asset...
Hashing It Out: Roofstock onChain vice president explains how Web3 and real estate interact
2.11.2023
Sanjay Raghavan believes that the tokenization of real estate could bring Web3 adoption and provide a diversification alternative for crypto natives
Hong Kong issues rules for asset tokenization as interest mounts
2.11.2023
Hong Kong's securities regulator, the SFC, treats tokenized securities like traditional securities, subject to the same legal and regulatory norms
UK Government’s Ambition to Make Britain a Global Crypto Hub ‘Remains Steadfast’
2.11.2023
Britain’s Economic Secretary to the Treasury Andrew Griffith MP has reaffirmed the government’s ambition to make the U.K. a global hub for crypto asset technologies. He stressed that in order to realize this ambition, “we must make the U.K. a place where cryptoasset firms have...
Analyst Predicts Bitcoin Price Rising to $150,000 by 2025 — ‘Imminent’ Approval of Spot Bitcoin ETFs Expected
2.11.2023
Global asset management firm Alliance Bernstein expects the price of bitcoin to reach $150,000 by 2025. The firm’s analyst has predicted “imminent” approvals of spot bitcoin exchange-traded funds (ETFs) by the U.S. Securities and Exchange Commission (SEC), including those by leading...
Turkey Aims to Leave FATF Grey List with Proposed Crypto Asset Legislation
1.11.2023
Turkey is taking steps to toughen its crypto regulations in an effort to convince the Financial Action Task Force (FATF), an international financial crime watchdog, to remove it from the “grey list” of countries that have not done enough to combat money laundering and terrorist...
Institutional Firms Projects Ether As Crypto with The Biggest Growth Outlook: Survey
1.11.2023
Global wealth fund managers have backed Ethereum (ETH) as the asset with the highest growth projection despite a slow price increase in recent months, a new survey shows. A new CoinShares Digital Asset Quarterly Fund survey shows an analysis of market-related activities, regulation,...
Breaking News: SafeMoon Executives Charged by SEC for ‘Massive Fraudulent Scheme’ and Unregistered Offering of Crypto Securities
1.11.2023
The US Securities and Exchange Commission (SEC) just charged crypto project SafeMoon and its top executives for “perpetrating a massive fraudulent scheme” through the unregistered sale of crypto asset security SafeMoon (SFM). As per a press release on the SEC’s website, the agency...