Bitwise says 'we’re not bullish enough’ amid political sway to crypto
Bitwise’s Matt Hougan said the idea that US politicians are even considering Bitcoin as a reserve asset is a monumental step given it felt more like a “daydream” a year ago.
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Mastercard joins forces with US banking titans for tokenized settlement trials
The partnership between the significant banking giants in the US and Mastercard is aimed at streamlining multiple asset-class settlements on a shared ledger platform.
Congressmen Emmer & Soto to SEC Chair Gensler: We want BTC Spot ETFs
The bipartisan pair sent a letter to the securities regulator demanding spot ETF approval. 506 Total views 22 Total shares Congressmen Todd Emmer and Darren Soto sent a bipartisan letter to Securities & Exchange Commission Chair Gary Gensler on Wednesday, strongly questioning why the agency has denied approval for the creation of a Bitcoin spot…
Major Indian Bank Threatens to Close Accounts of Users Transacting in Crypto: Report
Kotak Mahindra Bank — India's second largest private sector bank by market cap — is allegedly requiring account holders to refrain from dealings in cryptocurrency. The claim was made by Twitter user “Indian CryptoGirl” (@Desicryptohodlr) in a tweet posted Jan. 8.According to the screenshot provided in Indian CryptoGirl’s tweet, Kotak Mahindra Bank makes explicit reference…
DeFi needs a ‘killer app’ to go next level, says Ripple exec
A panel at the Blockchain Futurist Conference was asked about the future of decentralized finance and what was needed to be done to bring about mainstream adoption. 30 Total views 1 Total shares A “killer app” for consumers is what will be needed to bring the decentralized finance (DeFi) sector to a level that draws…
Altcoins rally as bulls pile into large-cap tokens and layer-1 projects
EOS, LTC, ETC and ETH are just a few of the altcoins that chased after new multi-year highs as layer-1 projects saw an increase in trading volume. 7485 Total views 25 Total shares The cryptocurrency market provides investors with another day of 'altseason' as the majority of altcoins in the top 100 on CoinMarketCap rallied…
Crypto hedge fund Pantera Capital files for massive $134 million raise
The monster raise might be an indication that Pantera’s ambitions are inflating in lock-step with Bitcoin’s rising price. 1166 Total views 12 Total shares In a filing with the SEC yesterday, Bitcoin hedge fund giant Pantera Capital announced an equity offering of up to $134 million — among the largest capital fundraising efforts in the…
Corporate America has finally taken notice of Web3: US trademark lawyer
This year saw an influx of trademark applications filed by various companies looking to get in on the Web3 action. By November, a total number of 4999 US trademark applications had been filed for cryptocurrencies and digital related goods/services — this according to USPTO licensed trademark attorney, Mike Kondoudis. According to the USPTO licensed trademark attorney, the…
Crypto Exchanges Collaborate With Bithumb to Freeze Stolen Funds After Major Hack
In late March, major South Korean cryptocurrency exchange Bithumb lost around $18 million as a result of a hack. While the details are still sketchy — for instance, it is unclear whether or not it was an inside job, as Bithumb initially claimed — a large portion of the stolen funds have been frozen by…