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Head of South Korean Opposition Party Admits Crypto Trading Experience


Lee Jun-seok. Another major political leader has come out as a crypto enthusiast – as the new leader of the biggest South Korean opposition party has admitted to trading tokens “for fun.” Lee Jun-seok, aged just 36, stunned the political world last week when he won the leadership election for...

Goldman Sachs: Bitcoin Is an Alternative Inflation Hedge to Copper, Not Gold


Goldman Sachs’ head of commodities research says bitcoin is more like copper as a hedge against inflation than gold. He explained that they are both “risk-on” inflation hedges whereas gold is a “risk off” asset. Bitcoin Is More Like Copper Than Gold as Inflation Hedge...

Paypal to Allow Cryptocurrency Withdrawals to Third-Party Wallets


Payments giant Paypal will soon allow its users to transfer cryptocurrencies away from its platform to third-party wallets, the company’s head of cryptocurrency reportedly revealed. Paypal has been seeing tremendous growth in its crypto business. Paypal to Support Crypto Transfers...

SEC’s Head Wants to 'Fill in the Gaps' in Crypto Investor Protection


Gary Gensler. Source: a video screenshot, Youtube/Bloomberg Markets and Finance Gary Gensler, Chairman of the US Securities and Exchange Commission (SEC), told US lawmakers that he wants to work with other regulatory agencies and the Congress to “fill in the gaps of investor protection in these...

Brazilians Can Now Bet on President Bolsonaro’s Reelection Bid on FTX


Crypto derivatives exchange FTX has launched a futures contract that allows Brazilian voters and traders in jurisdictions where the platform is available to bet on the outcome of Brazil’s next presidential election. With health and financial crises looming in the country, Jair...

100,000 Micro Bitcoin Futures Trade on CME Exchange in First Six Days


More than 100,000 micro bitcoin futures traded on CME in the first six days since launch, the exchange has revealed. CME’s global head of equity index says that this new smaller contract, along with the full-size bitcoin futures, strengthens the exchange’s ability to help a broad array...

Report: Next-Gen PlayStation VR Is Sounding Pretty Impressive


Sony’s next-generation virtual reality hardware for PlayStation 5 will include a number of fancy features and even some forward-thinking technologies that are not yet available on popular consumer VR headsets, according to a report on UploadVR. Read more

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