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Australian ‘buy now pay later’ (BNPL) firm Zip is looking to enter the crypto market by offering trading services to users within the next 12 months. Zip co-founder Peter Gray told Reuters on July 22 that expanding support for crypto trading services and providing a digital wallet was one of […]
» Read more The South Korean government announced today that crypto exchanges will face punishment if they have not voluntarily registered with the country’s authorities by September 24. This new set of regulations will reportedly affect both exchanges based in South Korea and foreign exchanges that operate in Korean markets. According to the […]
» Read more A recent collaboration between social influencers Estefannie and Look Mum No Computer, the pseudonym of musician Sam Battle, has resulted in a device that creates sounds (or music, perhaps, to some?) based on the price volatility of various cryptocurrency markets. Battle constructed a mechanism to generate voltage fluctuations as derived […]
» Read more The Texas State Securities Board has filed for a cease and desist order against crypto lending firm BlockFi for not offering a security licensed at the state or federal level. According to a Thursday filing, the state regulator will be holding a hearing related to allegations BlockFi is illegally funding […]
» Read more A recent sell-off in the Bitcoin (BTC) market pushed its prices below the key psychological support of $30,000. While the cryptocurrency’s move downhill prompted many analysts, including Luno exchange’s Vijay Nayyar and Kinetic Capital’s Jehan Chu, to predict a further depressive move below $25,000, Anthony Pompliano offered a contrasting bullish […]
» Read more The United Nations Global Compact, a nonbinding pact aimed at encouraging businesses to adopt sustainable, socially responsible policies, has accepted nonfungible token (NFT) and blockchain gaming platform Enjin as a participant. Enjin announced on Tuesday that it would be exploring ways to use NFTs to promote sustainability and equality as […]
» Read more New data shows that institutional investors’ interest in cryptocurrencies and crypto-related businesses is continuing to grow. Fidelity Digital Assets, the crypto arm of the global asset management giant Fidelity Investments Inc, tasked Coalition Greenwich to survey 1,100 institutional investors to understand their expectations regarding digital asset investments. The majority of […]
» Read more United States Treasury Secretary Janet Yellen has told financial regulators that the government must act quickly to establish a regulatory framework for stablecoins. The comments came at Monday’s meeting of the President’s Working Group on Financial Markets. The group discussed the rapid growth of stablecoins, revealing plans to issue regulatory […]
» Read more Three United States senators have signed a letter urging Olympic officials to forbid American athletes from using the digital yuan during the 2022 Beijing Winter Games. In a Monday letter to U.S. Olympic and Paralympic Committee board chair Susanne Lyons, Republican senators Marsha Blackburn, Roger Wicker and Cynthia Lummis requested […]
» Read more A Coinbase user has filed a class action lawsuit seeking $5 million in damages because of an allegedly misleading Dogecoin campaign. In the legal document, David Suski, the plaintiff, said he was deceived into trading $100 of Dogecoin (DOGE) for an entry into a $1.2 million sweepstakes offer on Coinbase. […]
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