‘Bitcoin hasn’t had the widespread adoption we hoped for’ — Nayib Bukele
The El Salvador President seemed to embrace the ”authoritarian” label while admitting the country had not seen as many benefits from Bitcoin as he anticipated.
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Law Decoded: When central banks seek public discussion, Jan. 17–24
As the Federal reserve releases its position paper on CBDCs, the Russian Central Bank instigates yet another crypto ban scare. 284 Total views 9 Total shares Last week, two central banks dropped public reports that can have a sizable impact on the crypto landscape in their respective countries and beyond. The U.S. Federal Reserve published…

CoinList Exchange Struggles, but NEAR Disaster Averted
Despite selling out in less than three hours, CoinList’s second attempt at hosting NEAR’s final tokensale saw the platform struggle as investors rushed to participate. CoinList’s second attempt in 24 hours at hosting NEAR’s final token sale saw the exchange once again buckle under a flood of traffic from prospective investors.NEAR’s final sale before mainnet…

Genesis seeks court’s approval to reduce 3AC claim from $1B to $33M
Bankrupt lender Genesis has asked the court to approve its proposed settlement agreement with the imploded crypto hedge fund 3AC. 526 Total views 3 Total shares Bankrupt cryptocurrency lender Genesis has asked the court to approve its proposed settlement agreement with the imploded crypto hedge fund Three Arrows Capital (3AC).According to a court filing on

Bitcoin briefly loses its spot as top cryptocurrency — Wait, what?
Bitcoin's twin took over the number-one spot on CoinMarketCap. 4492 Total views 9 Total shares Bitcoin's market capitalization was briefly flippened today as Wrapped Bitcoin suddenly gained quadrillions of dollars in value. But crypto aficionados and maximalists need not worry: The move was a glitch on CoinMarketCap, which briefly displayed Wrapped Bitcoin (WBTC) as worth…

DeFi tokens rebound with 19% bounce in 24 hours
DeFi tokens are rebounding, with the sector posting average gains of 19% today. After a bloody week for decentralized finance (DeFi) projects that saw numerous tokens plummet by up to 50%, the DeFi sector has rebounded by 19% in one day. Ether is also up 11% over the past 24 hours.According to Messari, 32 of…

Traders buy the Bitcoin dip even as Evergrande’s implosion rocks stock markets
Bitcoin (BTC) investors seem concerned about the increasing speculation that China's second-largest property developer, Evergrande Group, will default on its $300 billion in debts. These fears manifest in global equities markets which saw a 1.5% to 3% drop at this morning's market open. Despite the price move, the BTC outflow (net withdrawals) from exchanges has continued…

Elon Musk gets hit with ‘ridiculous’ $258B Dogecoin lawsuit
Billionaire Elon Musk, along with his companies SpaceX and Tesla Inc, are all being sued for an astonishing $258 billion in damages for being “engaged in a crypto pyramid scheme” involving Dogecoin (DOGE).The damages sought are more than 34 times Dogecoin’s current market cap of $7.5 billion and nearly three times its ATH market cap…

1 in 5 European Crypto Holders Are Women, New Report Reveals
While fresh data confirms that the crypto community continues to be male-dominated, the gender imbalance may be less extreme than previously thought.A report published by fintech firm Bitpanda and market research company GlobalWebIndex on July 31 examined a broad set of data points to glean insight into the profile of European crypto investors. One in five…