Bitcoin’s Coinbase premium hits 39-day high as $63K is reclaimed
Bitcoin demand among United States investors surged after the Federal Reserve confirmed its intentions to lower interest rates.
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Rush for Hong Kong’s crypto licenses yet to translate to jobs: Recruiters
Crypto firms may appear to have been prepping entry to Hong Kong with unabated excitement, but it’s yet to translate into in-country hires, according to recruitment executives. On June 1, around 150 companies lined up for a local crypto license which permits the operation of a local crypto trading platform. Some have reportedly even spent…

US lawmakers press SEC and FINRA on Prometheum’s broker-dealer approval
Members of the House Financial Services Committee questioned the “timing and circumstances” of FINRA approving Prometheum’s special purpose broker-dealer license in May. 219 Total views 2 Total shares United States lawmakers on the House Financial Services Committee have demanded answers from the heads of the Securities and Exchange Commission (SEC) and Financial Industry Regulatory Authority…

True Global Ventures doubles down on Web3 with $146M ‘follow-on’ fund
The TGV4 Plus Follow On Fund was led by a group of 15 general partners who committed over $4 million on average (over 40%) into the fund. 554 Total views 8 Total shares Venture capital firm True Global Ventures 4 Plus (TGV4 Plus) has announced the closure of a $146 million funding round earmarked for…

How do DeFi protocols get hacked?
The decentralized finance sector is growing at a breakneck pace. Three years ago, the total value locked in DeFi was a mere $800 million. By February 2021, the figure had grown to $40 billion; in April 2021, it attained a milestone of $80 billion; and now it stands at above $140 billion. Such rapid growth…

Bitcoin analysis predicts ‘spicy’ BTC price into FOMC as $27K holds
Bitcoin (BTC) held $27,000 into Sep. 20 as the key macroeconomic date of the cryptocurrency trading week arrived.BTC/USD 1-hour chart. Source: TradingViewMarket "set to accommodate" BTC price volatilityData from Cointelegraph Markets Pro and TradingView showed the BTC price focus shifting upward compared to the week prior. Crypto markets showed conviction into the decision on interest

Blockchain-Backed Social Media Brings More Choice for Users
Could blockchain fight against state-sponsored censorship in a post-coronavirus era? 1591 Total views 19 Total shares As people continue to rethink topics like technology development, economic measures and freedom of speech because of the COVID-19 pandemic, blockchain has now emerged as a solution for many issues. Iva Wisher, co-founder of Ignite, a decentralized microblogging platform,…

Deutsche Boerse Purchases Minority Share in Blockchain Partner HQLAx
Germany’s joint stock company Deutsche Boerse (DB) has furthered its partnership with blockchain-based liquidity provider HQLAx, making a million euro investment to become a minority shareholder, a press release announces Tuesday, August 28. Deutsche Boerse AG is a German marketplace organizer and transaction services provider which had as much as €3.695 billion ($4.327 billion) in…

India proposes AI-powered conversational payments system: RBI
India’s central bank said that there’s a potential for an AI system that would initiate transactions through a conversation. 191 Total views 1 Total shares The Reserve Bank of India (RBI), the country’s central bank, has published a press release that floated the idea of using artificial intelligence (AI) on conversational payments in the unified…