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Updated FATF Crypto Guidelines Still ‘Predicated on Centralized Control’


The Financial Action Task Force (FATF)’s recently updated guidance for supervisors overseeing the crypto industry was always bound to create waves in the sector and beyond. Regulators are continuing to gun for crypto compliance – despite claims that they may be trying to force a square peg into...

NFTs Are Selling for Millions, But How Do You Tell a Diamond From a Dud?


A fragment of 24 Hours in The City That Never Sleeps by Frank Ape. Last sold for ETH 5 (USD 9,144). With a non-fungible token (NFT)-based digital artwork selling for USD 69.35m, you’d be forgiven for assuming that most NFTs are worth a small — or large — fortune. However, for every...

Shifting Blockchains, Moving Privacy, Funds & Trusts and 20 Crypto Jokes


This past week in crypto, Pantera CEO said that bitcoin is “ahead of” his firm’s forecast schedule to hit USD 115,000, analysts blamed misinfo for bitcoin’s correction, SushiSwap announced its expansion to Avalanche, and Charles Hoskinson claimed that “more than 100 companies” will shift from...

Why This Bitcoin-Believing Startup Bets on Facebook's Diem Instead


While the eyes of many are on major crypto networks like Bitcoin (BTC) and Ethereum (ETH) (and NFTs, of course), financial service provider First Digital Asset Group (FDAG) together with their investors are betting on more centralized, Facebook-backed Diem (formerly - Libra) stablecoin. “Bitcoin...

A Crypto Vanity Dream Now Features Musk, Beeple, Justin Sun, DOGE and NFTs


Source: Twitter/@beeple The year is but two and half months old, but 2021 is already going into full meltdown mode, with Tesla’s Elon Musk seeking to sell an EDM song about non-fungible tokens (NFTs), digital artist Beeple composing a portrait of a naked Musk mounted on a dogecoin (DOGE) dog –...

Post-COVID-19, Bitcoin & Co May Help UK Escape from Economic Funk


After the UK’s decidedly mixed response to the coronavirus pandemic, the nation has proven something of a frontrunner in all things vaccine-related, leading it to start easing out of its latest two-month-plus national lockdown on March 8 ahead of its European counterparts – almost a year since...

Ethereum Developers On Why They Don’t See Cardano & Binance Chain As Rivals


Source: a video screenshot, Youtube/Max Holloway It has been an interesting few weeks for Ethereum (ETH). Having hit an all-time high of USD 2,043 on February 20, it has been outshone by a couple of rival platforms and cryptoassets, Binance Smart Chain (and BNB) and Cardano (and ADA). While neither...

Bomb Demons, Force Shows, NFT Everything and 20 Crypto Jokes


This adventurous cryptoweek, Vitalik Buterin said Tether is Bitcoin’s ticking time bomb demon, some Ethereum miners are preparing for "a show of force" against EIP-1559, and analysts said ETH miners don’t cause price volatility. Also, XRP jumped as Ripple said its partnership with...

Swaps and NFTs Accelerate MetaMask's Growth


Source: A Screenshot, Instagram/metamask.io ConsenSys-owned major Ethereum (ETH) wallet and Web 3.0 browser MetaMask saw its swap feature growing substantially, while non-fungible tokens (NFTs) are also gaining traction. Their token swap feature, which enables users to compare and swap tokens...

A Debt-Fuelled Economic Crisis & Bitcoin: What to Expect?


It’s hard to shake the fact that bitcoin (BTC)’s ascent from one fresh all-time high to another in recent months has taken place amid a backdrop of a struggling global economy. The United States’ GDP infamously tanked by a record 32.9% in Q2 2020 and fell by 3.5% across 2020 as a whole, while...

DeFi On Bitcoin To Grow In The Shadow Of Ethereum


Decentralized finance (DeFi) is big and getting bigger, having accounted for only USD 1bn in total value locked (TVL) in July 2020 and now accounting for around USD 40bn. However, while almost everyone tends to treat the sector as a single, rapidly growing bloc, it’s actually composed of a number...

Mary’s Arrival, NFTs Explosion, Uncomfortable Suits and 20 Crypto Jokes


This week in crypto news, the Cryptoverse rejoiced as BTC jumped over USD 52K again, and Cardano Mary update arrived with native tokens. Enjin announced two scaling solutions meant to remove gas fees and support NFTs from any blockchain, and as stablecoins in general rise, tether’s supply dominance...

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