50% of Telegram tap-to-earn gamers are crypto noobs: Blum CEO
Telegram tapper games have “finally” brought the mass adoption to crypto the industry has waited for, says Blum founder and CEO Gleb Kostarev.
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IRS special agent: Crypto’s the future but there are ‘mountains of fraud’
IRS chief sees “mountains and mountains” of fraud in NFTs and cryptocurrencies as demand continues to rise going forward in 2022. 471 Total views 5 Total shares A top special agent from the Internal Revenue Service has told a conference that NFTs and crypto are the “future” but highlighted that fraud and manipulation is still…
Major Indian Bank Threatens to Close Accounts of Users Transacting in Crypto: Report
Kotak Mahindra Bank — India's second largest private sector bank by market cap — is allegedly requiring account holders to refrain from dealings in cryptocurrency. The claim was made by Twitter user “Indian CryptoGirl” (@Desicryptohodlr) in a tweet posted Jan. 8.According to the screenshot provided in Indian CryptoGirl’s tweet, Kotak Mahindra Bank makes explicit reference…
FATF updates guidance on crypto service providers, calls for public comments
The Financial Action Task Force is looking to adapt its guidance standards for stablecoins and crypto peer-to-peer transactions. 2781 Total views 15 Total shares The Financial Action Task Force says it is set to publish an update to its guidelines on cryptocurrencies and virtual asset service providers; a catch-all term including exchanges, wallet providers, and…
The Revival of General Partnerships in the Age of Tokenomics, Part 1
Adopted in England in 1890, general partnerships have become a near-forgotten practice in favor of other forms of doing business, but with the appearance of e-commerce, cryptocurrencies, tokenomics and global crowdsourcing, they may experience a comeback. This type of entity does not require incorporation — rather, it is based on a partnership agreement.Incorporating a company…
Twitter ‘dropping NFTs all day’ in nonfungible token giveaway
The social media platform is giving away 140 free nonfungible tokens to 140 followers in a series of tweets that began on Wednesday. Leading social media network Twitter launched a nonfungible token, or NFT, giveaway on Wednesday in a campaign that shined the spotlight on the evolution of the social media network. Twitter announced Wednesday that…
Bitcoin price reaches $14,500, the highest level since January 2018
A lively day of trading amid U.S. election uncertainty sees Bitcoin add to its gains, which took it above the pivotal $14,000 resistance. 8495 Total views 74 Total shares Bitcoin (BTC) hit $14,500 for the first time since early January 2018 on Nov. 5 as crucial support held at $14,000. BTC price preserves $14,000 supportData…
Curve pool imbalance triggers USDT depeg concerns: Finance Redefined
Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most significant developments from the past week.On June 15, an imbalance in Curve Finance’s 3pool led to a Tether (USDT) depeg scare as the stablecoin’s weightage in the pool rose above 70%, leading to…
Digital Asset Provider Raises $65M in Series B Led by Credit Suisse
The company said the funds will be used to expand Taurus' new offices in Europe, the UAE, and later in the Americas and Southeast Asia. 213 Total views 3 Total shares Own this piece of history Collect this article as an NFTTaurus, a digital asset infrastructure provider for financial institutions in Europe, has raised $65…