Bitcoin price metrics align to project further upside for BTC
Bitcoin options and futures markets display moderate optimism after a new BTC all-time high, which could be indicative of new price highs.
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DeFi Be Warned: The Short, Unhappy Life of Yam Finance
There are some decentralized finance projects that make flash loans; Yam Finance (YAM) was a DeFi project that made a flash appearance.YAM, which initially described itself as a “minimally viable monetary experiment,” launched on August 11 amid some fanfare, and in less than two days, its market value soared from zero to $57 million. But…

Bitcoin can’t help bank the unbanked claims Mastercard CEO
The CEO of Mastercard believes Bitcoin is too volatile and opaque to drive financial inclusion, however, CBDCs are a different story. 904 Total views 16 Total shares Bitcoin cannot function as an inclusive currency for the unbanked due to its volatility, Mastercard CEO Ajay Banga said during Tuesday’s Fortune Global Forum conference. He also cited…

Tether launches gold-backed, US dollar stablecoin Alloy
The new synthetic dollar is the first step in the rollout of a real-world asset tokenization platform, said Tether.

Analysts optimistic as liquidity ticks and Bitcoin ‘forced selling’ is over
Bitcoin’s major sell-offs are over and now analysts see the US election and global liquidity as the next big drivers for Bitcoin.

Indian parliament reportedly considering fast-tracking crypto bill
Government officials may be planning to introduce the law potentially banning crypto “within a month” of the ordinance clearing. 1719 Total views 15 Total shares The Indian government may be taking a legislative shortcut to pass a bill recently proposed to regulate digital currencies in the country.According to a report from news outlet CNBC-TV18, the…

Singapore court rules in favor of Bithumb founder in acquisition case
The decision on the civil lawsuit might affect a trial court in South Korea. 217 Total views 13 Total shares The court drama behind the acquisition of South Korean crypto exchange Bithumb has been going on for several years, but in an unexpected development, a Singapore court has made a ruling against Kim Byung-gun, who…

HK legislator’s firm to lure 1,000 Web3 start-ups over 3 years
G-Rocket is aiming to attract 1,000 Web3 start-ups to Hong Kong and will help them with banking, government services and office spaces. 50 Total views 1 Total shares Own this piece of crypto historyCollect this article as NFTA start-up accelerator co-founded by Hong Kong legislative council member Jonny Ng Kit-Chong wants to attract 1,000 Web3…

Former FTX exec is planning to plead guilty to criminal charges: Report
A Sept. 7 court appearance by Ryan Salame could see the former co-CEO of FTX Digital Markets plead guilty, following the examples of Caroline Ellison, Gary Wang, and Nishad Singh. 724 Total views 7 Total shares Ryan Salame, the former co-CEO of FTX Digital Markets, is reportedly planning to plead guilty to criminal charges related