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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Crypto.com Nets Ex-PayPal Exec to Increase Merchant Cryptocurrency Adoption
Hong Kong-based cryptocurrency payment platform Crypto.com has hired a former PayPal executive, the company confirmed in a press release Dec. 11.Tyson Hackwood will join the crypto firm as its senior vice president and head of global merchant acquisition. Crypto.com, which came into being after cryptocurrency debit card provider Monaco acquired the domain name for a…
Colombia’s legal system experiments in the metaverse: Report
Colombia has positioned itself at the forefront of innovative ways to conduct legal proceedings after recently hosting a trial in the metaverse. 173 Total views 11 Total shares Own this piece of history Collect this article as an NFTA Colombian court recently hosted its first legal trial in the Metaverse, with the court magistrate saying…
More institutions will warm up to crypto once market cap hits $2T: eToro
“Only by widening the playing field and facilitating more participation will crypto reach and maintain a market cap of $2 trillion and beyond.” 2830 Total views 8 Total shares A new report from advisory firm Aite Group, that was commissioned by exchange platform eToro, reveals there are still barriers hindering institutional adoption of crypto.Based on…
Sequoia Capital launches crypto fund worth up to $600M
Venture capital firms allocated $25.2 billion towards blockchain and cryptocurrency projects in 2021, the highest on record. 221 Total views 2 Total shares American venture capital firm Sequoia Capital has launched a new cryptocurrency fund as part of its ongoing efforts to bootstrap the next generation of promising crypto-focused startups.Bloomberg reported Thursday that Sequoia is…
FC Barcelona, Man City canceled crypto deals show cash is not everything
The sports industry should heed the warning signs as they adopt emerging blockchain technologies such as NFTs, experts warn. 1209 Total views 2 Total shares The sports industry took a hard hit from the coronavirus pandemic. Most leagues got suspended, and then teams played without the audience for an extended period. Sports clubs started to…
Crypto Has Left Cypherpunk Roots to Mimic Traditional Finance, Says UK Regulator
How worried should international regulators be about the cryptocurrency industry? Not overly, a British financial crime expert has claimed.Therese Chambers — director of retail and regulatory investigations at the United Kingdom’s Financial Conduct Authority — made the argument at the New York University School of Law on March 5, in a speech entitled “The Advancement…
Regulators: Deceased Quadriga Founder Committed Fraud
The Ontario Securities Commission says that the Vancouver-based crypto exchange was a fraud. 669 Total views 19 Total shares The Ontario Securities Commission, or OSC, claims that the crypto exchange Quadriga collapsed in 2018 because of fraud committed by its late founder, Gerald Cotten, who passed away on his honeymoon in India.The report released on…
Indian minister wants global crypto rules to curtail money laundering risk
India is yet to finalize a crypto regulatory framework despite assurances of a speedy draft law over the past few years. 29 Total views 2 Total shares Indian Finance Minister Nirmala Sitharaman in her address to the International Monetary Fund called for a global cryptocurrency framework to keep a check on the use of cryptocurrencies…