Before Bitcoin ETFs Pass, A Clear Crypto Narrative Is Needed

A House resolution would start a formal process to kill the Securities and Exchange Commission's controversial accounting policy on crypto custody, and a vote was expected Wednesday.President Joe Biden said he'll veto the resolution if it reaches his desk for approval.The U.S. House of Representatives is poised to vote on a resolution Wednesday to reject

Cryptocurrency exchange Binance has released a Web3 wallet that can be used to interact with the decentralized finance (DeFi) ecosystem.The new product, which will work across 30 blockchain networks, was announced at the Binance Blockchain Week conference in Istanbul."Web3 wallets represent more than just storing digital assets; they are an integral part of the Web3

A former executive of South Korean cryptocurrency exchange Coinone, who was accused of taking bribes in return for listing certain coins, has acknowledged the charges, local news agency Yonhap reported on Thursday."Mr Jeon," Coinone's former director of listing, was accused of receiving nearly 2 billion won ($1.51 million) in return for listing virtual assets such…

Stani Kulechov has backed nearly 40 projects in his search for founders who see two or three moves ahead.Stani Kulechov (left) at Devcon V in Osaka, Japan.(Aave)Jan 29, 2021 at 10:14 p.m. UTCUpdated Jan 29, 2021 at 10:20 p.m. UTCAave’s Founder Angel Invests to Grow DeFi’s Head Start on the BanksStani Kulechov used to think…

The CFTC wants policymakers to look at ways of identifying the individuals involved in decentralized finance.Some regulators are concerned that the inherent anonymity of the ecosystem opens the door to money laundering, terrorism financing and fraud.The Commodity Futures Trading Commission (CFTC), the U.S. agency that regulates futures, swaps and options, wants policymakers to look at

Last week the International Monetary Fund (IMF) – a United Nations organization that effectively operates as a global lender of last resort – and the Bank for International Settlements (BIS) – a super-governmental central banking agency – published separate reports about the future of the monetary system. Both reports mentioned crypto and central bank digital…

Bitcoin miner Marathon Digital Holdings (MARA) mined 1,245 bitcoin in May, up 77% from previous month with the help of its proprietary software.“The increased production was due to an increased hash rate and a significant increase in transaction fees, which accounted for approximately 11.8% of the total bitcoin we earned in the last month," CEO…

Sep 16, 2020 at 09:04 UTCNetherlands-based Blockdata, which provides qualitative insights into the range of large enterprises using blockchain technology, has been acquired by data provider CB Insights. The financial terms of the deal were not disclosed. New York City’s CB Insights will be opening an office in Amsterdam, while Blockdata will remain a standalone…

Oct 7, 2020 at 21:18 UTCUpdated Oct 7, 2020 at 21:27 UTCOver $26 million worth of bitcoin (BTC) associated with the massive 2016 hack of crypto exchange Bitfinex was moved around across seven transactions on Wednesday, according to Twitter-based blockchain tracker bot Whale Alert. The security breach at Bitfinex in August 2016 led to the theft…