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Fidelity: Bitcoin is a 'superior form of money'
1.2.2022
Fidelity argued Bitcoin should be considered separately from the rest of the digital asset market as no other altcoin comes close to its properties
Solana’s Phantom Raises $109 Million in a Series B Fundraise Obtaining Unicorn Status
1.2.2022
On Monday, the team behind the Solana Web3 wallet platform Phantom announced it had raised $109 million in a Series B fundraise. The crypto company is now a Unicorn with a post valuation of $1.2 billion in value. Solana Web3 Wallet Phantom Raises $109 Million The Phantom wallet team has raised $109...
FTX Raises $400 Million in Series C Fundraise, Firm Reaches $32 Billion Valuation
31.1.2022
Following the company’s subsidiary FTX US raising funds in its first Series A financing round, parent company FTX Trading Ltd. has announced it has secured $400 million in a Series C fundraise. The crypto company’s latest financing round brings the firm’s post-money valuation...
VanEck launches its first multi-token cryptocurrency fund
31.1.2022
The ETN will contain exposure to seven different major cryptocurrencies
Study: US Financial Advisors Expect Proportion of Crypto Holding Clients to Increase by 60%
31.1.2022
According to the findings of a new survey, the number of financial advisors currently counseling crypto holding clients is expected to double from the current two out of ten or 20% to 44% by the end of 2022. Only Four Percent Expect the Number of Crypto Holding Clients to Decrease The number...
Crypto Ban in Russia Can Have Opposite Effect, Medvedev Warns as Opposition Mounts Against Proposal
30.1.2022
Dmitry Medvedev, former president and prime minister of Russia, has voiced his concerns over Bank of Russia’s initiative to ban most crypto operations. Prohibition could bring the opposite result, the Russian politician warned, joining a chorus of opinions against the restrictive policy....
Value Locked in Defi Climbs Higher, Polkadot TVL Spikes, Terra’s LUNA Sheds 21%
30.1.2022
On Sunday, January 30, 2022, the top smart contract protocol tokens by market capitalization is $592 billion or 32.66% of the $1.8 trillion crypto economy. Meanwhile, the total-value locked (TVL) in decentralized finance (defi) protocols is $192.42 billion up 5.28% since January 23. Defi TVL Climbs...
Russian Government Drafts Roadmap to Regulate, Not Ban Crypto, Report Unveils
29.1.2022
A roadmap on cryptocurrencies has been prepared by a number of ministries, regulatory bodies, and law enforcement agencies, Russian media reported. The document, which aims to regulate Russia’s crypto market by the end of this year, comes amid disagreements between the central bank and other...
Blockchain and Cryptocurrency Is ‘Here to Stay and Impossible to Regulate at Large’ — CEO of a United Arab Emirates Based Bank
29.1.2022
According to the chief executive officer (CEO) of the United Arab Emirates-based financial institution, Bank of Sharjah, blockchain and cryptocurrencies are not only difficult to regulate but are also here to stay. Despite this prediction, the CEO admits that many in the banking industry still...
Nansen Report Highlights Growth of Defi and NFTs in 2021
29.1.2022
Nansen, a cryptocurrency and blockchain statistics and analytics platform, has issued a report on the growth of decentralized finance (defi) in 2021. The document highlights how defi managed to keep growing, opening the field to new participant chains. Non-fungible tokens (NFTs) also had a notable...
Xbox Game Pass Will Soon Stop Taking Money From Inactive Accounts
29.1.2022
Thanks to an investigation into online gaming subscriptions by the United Kingdom’s Competition and Markets Authority (CMA), Microsoft will soon improve the ways in which its Xbox Game Pass service handles auto-renewal, refunds, and inactive memberships. (h/t PC Gamer)Read more
Users flock to Curve amid lack of stablecoin liquidity on major DEXs
28.1.2022
A concentration of stablecoins on a handful of platforms has drained liquidity from others
Hacker Siphons $80 Million From Qubit Cross-Chain Bridge, Largest Defi Exploit of 2022 to Date
28.1.2022
Findings stemming from a recent report published by the security-focused blockchain firm Certik indicate that the Binance smart chain ↔ Ethereum bridge called Qubit has been hacked for $80 million. Data shows on January 27, 2022, an attacker siphoned a number of tokens from an exploit...
Ministries Queried About Missing 200,000 Bitcoins as Bulgaria Explores Crypto Payments
28.1.2022
The recently elected government of Bulgaria has found itself in the position of answering questions about the fate of billions of dollars’ worth of cryptocurrency reportedly confiscated by the country’s law enforcement five years ago. Meanwhile, the new finance minister has revealed...
Qubit Finance suffers $80 million loss following hack
28.1.2022
The addresses linked to the hack attack have managed to steal 206,809 Binance Coin from Qubit's QBridge protocol
Zombie Atari Celebrates 50-Year Legacy With NFT Loot Boxes
27.1.2022
Founded way back in 1972, Atari celebrates its 50th anniversary this year. The all-but-defunct company doesn’t really make games anymore, but it does like to plaster its recognizable logo over everything it can find—from hotels to PCs. And to celebrate that the company is still clinging to life...
Romania, Latvia Mull Changes To Crypto Regulations, Taxes
27.1.2022
Romania and Latvia are among the latest European countries to launch analytical work on updating their respective regulations for the cryptoasset and blockchain industry. In Romania's case, this could potentially mean increasing national taxes on crypto-related operations and transactions....
Rebase Market Carnage: TIME Slips 61%, Wonderland Admin Allegedly Co-Founded Quadrigacx
27.1.2022
While reserve-based crypto assets like gold tokens and stablecoins have been able to weather the crypto market carnage over the last two weeks, rebase tokens like wonderland (TIME), and Olympus (OHM) have seen massive losses. Wonderland is down more than 96% since the crypto asset’s all-time...
Duet Protocol and iZumi Finance Partner for Improved DeFi Experience
27.1.2022
In what could be termed as an important development for decentralized finance (DeFi), a partnership has been struck between Duet Protocol and iZumi finance. Both of these projects have been conceptualized with the objective of enhancing the convenience of the users in the DeFi space. Specifically...
Russian Finance Ministry submits crypto regulatory framework for review
27.1.2022
The ministry envisions crypto users executing transactions through banks and proposes to distinguish between qualified and unqualified holders