Acting OCC head warns that ‘fools gold’ in DeFi reminds him of lead-up to GFC

Cyprus is becoming a hotspot for Blockchain technology. The VeChain Foundation has partnered with the accounting and consulting firm, Grant Thornton Cyprus.According to an announcement from the company, the partnership hopes to extend blockchain solutions to a variety of industries. These will largely be determined by the Cypriot company’s network of customers, but may include…

A Twitter user from the United Kingdom spent hours sending micropayments to strangers on the internet to demonstrate the Bitcoin Lightning Network. Own this piece of crypto history Collect this article as NFTA Bitcoin (BTC) advocate on Twitter known by the name of ShireHodl, or simply Shire, sent over 110 micropayments to first-time Bitcoin Lightning users in response…

It is well known that as goes Bitcoin (BTC), so goes the rest of the cryptocurrency market, as time and again, major price moves from Bitcoin create ripples across the altcoin market, impacting sentiment and momentum.This appears to be the same for blockchain-related stocks that trade in the traditional financial markets, and a quick glance at…

Bitcoin SV (BSV) has had a big week. On Tuesday, its price jumped by just over 110%, leaping from about $62 at 1:14 p.m. UTC to $132 an hour later. Given that BSV had been having a rough time in the previous month, with a number of high-profile delistings, this dizzying price rise must have…

Coinbase, Robinhood, and representatives from the United States commodities regulator are set to testify before Congress on June 6 to discuss a newly proposed crypto bill. The trio will be sharing their firm's, or agency’s views on a proposed bill that could see certain crypto tokens classified as digital commodities, among other things.“Tomorrow I have the…

Preparations for a Coinbase stock market listing are in full swing, sources report. 1654 Total views 38 Total shares Coinbase, Inc. is reportedly preparing for a U.S. stock market listing that could come this year, according to Reuters reporting.According to Reuters sources, preparations for a listing are underway but still need the green light from…

A massive downtrend in the STEPN (GMT) prices witnessed in the last 30 days appears to be nearing exhaustion.GMT's price has rebounded by nearly 35%—from $0.80 on May 27 to $0.99 on May 28. Interestingly, the upside retracement started after the price fell in the same range, which had acted as support before GMT's 500%…

Meanwhile, the minting volume of nonfungible tokens have been declining steadily. 95 Total views 2 Total shares According to data provided by Polygon and Dune Analytics, the trading volume of Reddit nonfungible token (NFT) avatar collection has eclipsed $1.5 million in the past 24 hours. The increase represents over one-third of the collection's cumulative trading…

The Iranian tax agency has called for establishing a legal framework for crypto trading platforms so they can be taxed properly. 193 Total views 48 Total shares The Iranian National Tax Administration (INTA) is pushing to establish a legal framework for the taxation of crypto trading platforms operating in the country, according to a new…