Bitcoin bull Michael Saylor reverses remarks on self-custody after backlash

Of all the Ether (ETH) locked in the collateralized debt positions (CDPs) of the old MakerDAO system, 27% belongs to a single Ethereum address. Financial technology data firm Digital Assets Data shared these findings with Cointelegraph on Jan. 26.Dai, which was created by MakerDAO, allows users to borrow or generate the stablecoin by staking their…

Belarus’ Ministry of Foreign Affairs cited a high crypto crime rate for banning all citizens from exchanging Bitcoin between each other. The Belarusian foreign ministry is working on legal amendments to prohibit peer-to-peer, or P2P, transactions in cryptocurrencies like Bitcoin (BTC).The Ministry of Foreign Affairs (MFA) of the Republic of Belarus on July 2 issued…

DJ PLS&TY has launched 30 limited edition vinyls of his latest EP on an Ethereum-based art and culture platform. Tommy Leas, professionally known as DJ PLS&TY in the electronic dance music industry, has launched the vinyl record of his “Very Special” EP record on the Ethereum-based art and culture exchange platform, Foundation.Foundation allows artists to…

The Web3 tech investment firm will contribute up to $7 million to as many as 25 companies across Europe, Asia, and North America with the new funds. 855 Total views 6 Total shares Tech venture capital firm White Star Capital has secured $120 million in funding for its second Digital Asset Fund (DAF II) to…

In compliance with new regulatory requirements, Polish users will have to sign new terms and conditions with Binance Poland in order to continue using the company’s services. 981 Total views 4 Total shares Own this piece of history Collect this article as an NFTCryptocurrency exchange Binance announced plans on Jan. 18 to enhance its local presence in…

It looks like Meta is planning to jump ship, with inside sources saying that the crypto initiative is trying to sell its assets. 446 Total views 5 Total shares Meta-backed crypto initiative “Diem” is reportedly trying to sell its assets, seemingly calling time on Facebook founder Mark Zuckerberg’s grand ambitions for a stablecoin to act…

Dip-buying appears to be in full swing among whales, new data shows, but analysts remain wary on the outlook for the short term. 258 Total views 4 Total shares Bitcoin (BTC) made the most of weekend volatility on June 26 as a squeeze saw BTC/USD reach its highest in over a week.BTC/USD 1-hour candle chart…

SEC chairman Gary Gensler stated that many DeFi projects are “highly” centralized in certain aspects, as they are developed by a “core group of folks” who are incentivized to promote their platforms. 121 Total views 40 Total shares Gary Gensler, chairman of the U.S. Securities and Exchange Commission stated that DeFi is highly centralized in…