Base hits 1M daily active addresses as Basenames takes off

FinCEN has warned U.S. banks that it is closely watching how they respond to crypto risk exposure with their AML programs. The U.S. Financial Crimes Enforcement Network (FinCEN) director Kenneth Blanco has warned banks to think seriously about their cryptocurrency risk exposure.During the virtual 2020 ACAMS anti-money laundering Conference in Las Vegas this week, Blanco…

The Iggy Azalea-launched “MOTHER” is the only token launched by celebrities last week still hitting new all-time highs. It has now amassed a market cap of $130 million.

Crypto derivatives exchange FTX recently launched “TRUMP,” a new futures trading product that lets users bet on President Trump’s re-election in 2020. TRUMP “is a futures contract that expires to $1 if Trump wins the 2020 presidential general election and $0 otherwise,” an FTX representative told Cointelegraph. “So far most of the volume has traded on…

Although Bitcoin prices made a strong 15% recovery over the past week, metrics suggest more network demand would be needed to sustain further price increases. 968 Total views 24 Total shares With several on-chain metrics for Bitcoin (BTC) still in a bearish range, a continuation of the recent price recovery will require increased demand and…

The collapse of FTX cryptocurrency exchange has created a liquidity crisis in the crypto space, which could extend the crypto winter through the end of 2023, according to a research report by Coinbase. According to analysts, the FTX implosion could keep the institutional investors at bay because they are even more likely to tread cautiously…

2021 has been one of the most interesting years for blockchain technology and cryptocurrencies, both in terms of adoption and mainstream acceptance. From governments such as El Salvador to large corporations like Tesla, Goldman Sachs, Bank of America and Morgan Stanley, many institutions have made a step toward becoming a part of the ecosystem.Even so,…

Avail launched a bridge to transmit data availability attestations to Ethereum, potentially allowing for lower fees on some layer 2s. Blockchain network Avail has launched a testnet data availability bridge to Ethereum, according to a July 7 announcement. Once testing is completed, the bridge will allow developers to easily create “validiums” or low-cost layer 2s…

Binance CEO Changpeng Zhao emphasizes the need for a proper understanding of the crypto industry by regulators and active engagement by industry players to achieve regulatory clarity. 685 Total views 15 Total shares Own this piece of history Collect this article as an NFTIn a fireside chat during the Hong Kong Web3 Festival, Changpeng Zhao…

“See you back in New York,” Andrew Yang said as he ended his campaign for US president.  Cryptocurrency holders saw an ally in 2020 presidential hopeful Andrew Yang, so the news that he was suspending his campaign on Feb. 11 came as a major disappointment. As one of the outspoken candidates on blockchain and crypto, Yang…