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Hong Kong begins discussions to introduce stablecoin regulatory framework
15.1.2022
The Hong Kong Monetary Authority shared a list of eight questions to seek policy-related recommendations citing five possible regulatory outcomes — no action, opt-in regime, risk-based regime, catch-all regime and blanket ban
FTX Launches a USD 2B Blockchain & Web3 Fund
14.1.2022
Major crypto derivatives exchange FTX has launched a USD 2bn venture fund, FTX Ventures.
The new fund is focused on “backing the world's best teams building in the digital asset ecosystem,” the company said. It seeks to invest in multi-stage companies and projects, with the team stating that...
Tether Freezes USD 160M-Heavy Addresses on Law Enforcement Request
14.1.2022
Stablecoin issuer Tether (USDT) froze three addresses on Ethereum (ETH), which together hold USD 160m worth of assets.
This has been confirmed by Tether, stating that they have done so upon request from law enforcement, per Coindesk.
Per data analytics site Bloxy, Tether itself has so...
Near Raises USD 150M, Pakistan's Central Bank vs. Crypto, Bitstamp's Growth Plan + More News
13.1.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: Near Raises USD 150M, Pakistan's Central Bank vs. Crypto, Bitstamp's Growth Plan + More News
BIS Claims a CBDC Interoperability Victory – While US Congressman Bids to Block Digital USD
13.1.2022
The Bank for International Settlements (BIS) says it has made another breakthrough in its central bank digital currency (CBDC) interoperability project – claiming that it has “successfully tested” the integration of wholesale CBDC settlement with commercial banks....
Read More: BIS Claims a CBDC...
Hong Kong Monetary Authority aims to oversee stablecoin reserves
12.1.2022
Hong Kong’s central bank is inviting global stablecoin operators to respond to its proposed rules
Solo Bitcoin Miner With Only 126TH Secures USD 266,870 in Block Reward
12.1.2022
A solo Bitcoin (BTC) miner with a hashrate capacity of just 126 terahashes per second (TH/s) has managed to successfully add a new block to the Bitcoin network, securing the BTC 6.25 block reward, which is worth over USD 266,870 at the current price rates.
As per data by Blockchain.com,...
Binance CEO is Reportedly Richer than Mukesh Ambani with $96B Net Worth
11.1.2022
The crypto market has flourished in the past couple of years, so much so that Binance CEO is now competing against names like Bill Gates, Elon Musk, Mark Zuckerberg, etc. Bloomberg’s recent net worth evaluation shows Changpeng Zhao amassing a whopping 96 billion dollars in net worth....
Bitcoin Drops Below USD 40K, Ether Breaks USD 3K, USD 120M Liquidated
10.1.2022
On Monday, the most popular cryptocurrency, bitcoin (BTC), dropped below the USD 40,000 level for the first time since August 2021, while ethereum (ETH) dived below USD 3,000 for the first time since October.
At 14:36 UTC, BTC trades at USD 39,939 and is down almost 5% in a day, also erasing...
Chainlink to Trigger Long Entry and Surge to $34!
10.1.2022
Chainlink is a blockchain project based on Ethereum and increases the power of developing blockchain solutions. It provides tamper-proof inputs and outputs for smart contracts on a blockchain. This unique technology helps smart contracts to connect the outside world. Ethereum introduced...
LCX Loses USD 8M in a Hot Wallet Hack
10.1.2022
Crypto exchange LCX fell victim to a hack over the weekend that drained it of nearly USD 8m worth of digital assets.
The hacker managed to compromise one of the exchange's hot wallets over the Ethereum (ETH) blockchain, stealing high amounts of ETH, USD coin (USDC), EURe, and SAND...
Paypal Coin: Payments Giant Explores Launching Stablecoin to Boost Crypto Offerings
9.1.2022
Paypal is reportedly working on a stablecoin backed by the U.S. dollar to expand its cryptocurrency offerings. “We will, of course, work closely with relevant regulators,” the company stressed. Paypal Is Exploring Launching Its Own USD-Backed Stablecoin Paypal Holdings Inc....
Solana's Serum Raises USD 100M, Coinsuper vs. Crypto Traders, Euro Inflation Surprise + More News
7.1.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: Solana's Serum Raises USD 100M, Coinsuper vs. Crypto Traders, Euro Inflation Surprise + More News
Andreessen Horowitz Secures USD 9B War Chest for New Investments
7.1.2022
US-based venture capital powerhouse Andreessen Horowitz (a16z) said it just raised USD 9bn for its Venture, Growth, and Bio funds, as they aim to invest "across the entire spectrum of stages, writing checks as small as USD 25,000 and up to hundreds of millions of dollars."...
Read More: Andreessen...
Gains Network to Expand Its Decentralized Leveraged gTrade Platform by Unlocking First $750,000 Grant
5.1.2022
Creator of gTrade, the next-gen decentralized Finance (DeFi) leveraged platform, Gains Network, has submitted an application for a $750,000 credit from Polygon to strike the two significant milestones on the platform’s roadmap. It has unlocked its initial $250,000 budget in MATIC coins to ease...
Reviews Of Binance: Binance Labs Leads $12 Million Series A+ Investment in WOO Network
5.1.2022
The Binance Labs has made an investment of 12 million dollars in the WOO Network because both parties have extended their long-term partnership in Series A plus round. This is a liquidity platform that helps in connecting users to institutions, exchanges as well as DeFi networks. Many reviews...
Bitcoin Could Reach USD 100K in Five Years If It Takes on Gold – Goldman Sachs
5.1.2022
A bitcoin (BTC) price of USD 100,000 could become a reality if the cryptocurrency continues taking market share as a store-of-value asset from gold, according to a note from Goldman Sachs. Meanwhile, Bloomberg analyst Mike McGlone argues that 2022 could be the year gold shines again....
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OpenSea Raises $300 Million in Series C Funding
5.1.2022
In 2021, the globe was awakened to the fact that NFTs are the main components of completely new peer-to-peer economic systems. They give consumers more ownership and control over digital products while also allowing designers to develop potent, interoperable apps that would provide actual financial...
WazirX is conducting a grand EZ giveaway worth $47,510!
5.1.2022
Overview of the EZ project EasyFi (EZ) is a DeFi or Decentralized Finance lending protocol, enabling collateralized lending by using Plasma to enhance user experience. The Ethereum-based EZ network is Blockchain agnostic and allows cross-chain settlements of assets. This Ethereum-compatible network...
USD 100K per Bitcoin 'Hopium' Now Moved to Mid-2022
4.1.2022
After failing to reach USD 100,000 by the end of 2021, as many expected, the price of bitcoin (BTC) is likely to hit this milestone during the first half of 2022, two industry leaders have argued. Others, meanwhile, warn that further price consolidation is the most likely outcome as the market...