18M Americans used or owned crypto last year: Fed survey estimates
Just 1% of United States adults reported using crypto for payment or to send money in 2023.
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Stockbroker platform Public.com adds crypto trading feature
The stock trading app is set to debut crypto trading for its users except those in the state of New York. 431 Total views 14 Total shares Public.com, a neo-brokerage outfit based in New York has announced the launch of crypto trading services for its customers.In a statement issued on Thursday, Public revealed that users…

Bitcoin must ‘clear resistance’ at $62K to avoid another ‘Black Monday’
If Bitcoin fails to hit $62,000 and hold there, it could drop below $50,000, according to analysts from Kraken, but some aren’t as pessimistic.

Precious Commodities: CFTC Shows Force Against Crypto Scammers, but Maintains ‘Do No Harm’ Approach
This week, a United States federal district judge ruled that an allegedly fraudulent crypto token meets the definition of a commodity. That brought the case under the Commodity Futures Trading Commission’s (CFTC) purview, which has long argued that virtual currencies constitute commodities. Here what it means — and how the watchdog has been supporting its…

Zcash founder joins Shielded Labs, pushes for hybrid PoS upgrade
Zooko Wilcox is now the new head of product at Shielded Labs and wants to speed up the protocol's upgrade to a hybrid PoS consensus mechanism.

Regulation by enforcement leads to ‘exodus’ of talent — RAK DAO exec
RAK DAO chief commercial officer Luc Froehlich told Cointelegraph that while regulations need clarity, a regulation-by-enforcement approach drives talent away.

Jack Dorsey: Twitter Has No Interest in Creating Libra-Like Crypto
Twitter and Square CEO Jack Dorsey stated that there are no plans for a platform-specific “Twitcoin” cryptocurrency, noting that he will instead focus on promoting Bitcoin (BTC).Open standards are betterAccording to Australian news outlet The Sydney Morning Herald’s article published on Sept. 5, Dorsey is confident that Bitcoin is still the most likely candidate to…

Colu Blockchain Platform Shutting Down, Buys Back Its Tokens
Colu Group subsidiary Colu DLT has announced that it is shutting down its blockchain-based Colu Local Network, and is offering to repurchase and burn the accompanying CLN tokens sold to investors during its initial coin offering (ICO).The company’s buyback offer comes by way of an official announcement from Colu DLT on its website. According to…

Bitfinex to compete with DeFi with new borrowing service
Amid a year of significant growth for the decentralized finance space within the crypto industry, Hong Kong-based crypto exchange Bitfinex has unveiled its new lending service today, called Bitfinex Borrow. "Bitfinex Borrow is a borrowing platform," Bitfinex chief technology officer Paolo Ardoino told Cointelegraph. “This particular offering isn’t about lending out your crypto and obtaining a…