21.co launches Bitcoin wrapper on Ethereum
It aims to bring institutional-grade security to wrapped BTC.
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SEC vs. Telegram: Part 3 — The extraterritorial reach of US securities laws
As mentioned in the first and second parts of this story, on March 24, 2020, in a widely reported and closely followed decision, Judge Peter Castel imposed a sweeping preliminary injunction preventing Telegram from issuing its planned crypto asset, Grams. Shortly thereafter, the judge clarified his initial ruling by explicitly holding that the injunction applied…

BitPay decides to let all employees work from home permanently
Crypto seems to thrive on remote work. Bitcoin (BTC) payment and wallet company BitPay has chosen to take its company's working atmosphere remote, permanently.A poll from within the company revealed: "85% of employees preferred to work from home and felt they were more productive," said a Sept. 15 statement. "This insight coupled with the continuation…

Bitcoin whales fuel BTC price comeback as stocks brush off Russia-Ukraine shocks
A demand for a reclaim of higher levels enters to end the week, with traditional markets recouping losses. 1803 Total views 30 Total shares Bitcoin (BTC) kept $40,000 in play at the Wall Street open on Feb. 25 after 16% daily gains increased bulls' confidence.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewWhales "leading the charge" towards…

“Every Asset Class Will Be Digitized and Tokenized,” Says Cred Co-Founder
In a varied career, Dan Schatt has been a Peace Corps volunteer in Romania, a Citibank banker in Senegal, a Celent analyst and a PayPal executive. He co-founded Cred, a decentralized lending and borrowing platform, with other PayPal technology veterans in 2018.Cred attracted some attention last year when it enabled a California politician to purchase…

Grammy-winner John Legend launches new music and art NFT platform
American singer-songwriter John Legend is solidifying his position among the ranks of celebrities flocking to the world of nonfungible tokens (NFTs), helping to launch a new NFT platform for musicians and other entertainers. The platform called OurSong allows artists to tokenize and sell their work, awarding buyers with privileges like access to unreleased music and…

Fintech Arm of Chinese Insurance Giant Shoots for $500M IPO in US
OneConnect, the financial technology subsidiary of Chinese insurance giant Ping An, has updated its filing for an initial public offering (IPO) with the United States Securities and Exchange Commission (SEC).According to an F-1 filing dated Dec. 2, the firm is looking to sell $500 million worth of shares in its IPO. The recent filing states:“We…

Bitcoin could be on the verge of a big breakout at $42K, hodler activity suggests
On-chain analyst Willy Woo asserted that Bitcoin (BTC) would break above the $42,000-resistance level in its coming attempts. The researcher based his bullish analogy on the so-called Rick Astley indicator, a heat-map that tracks investors—the Rick Astleys of this world—that buy Bitcoin to hold the asset for longer timeframes.The indicator earlier predicted Bitcoin price spikes…

Bitstamp to suspend trading of major altcoins for US users
All the soon-to-be suspended tokens are alleged by the SEC to be securities in its lawsuit against Coinbase and Binance. 451 Total views 10 Total shares Cryptocurrency exchange Bitstamp will suspend trading of Axie Infinity (AXS), Chiliz (CHZ), Decentraland (MANA), Polygon (MATIC), Near (NEAR), Sandbox (SAND), and Solana (SOL) for customers residing in the U.S.…