Can ETH price crack $3.5K? Ethereum ETF debut will precede new highs, analysts say
Ether could set a new all-time high after the debut of the first spot Ether ETFs, but $3,500 remains a significant resistance line to cross.
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Novogratz hopes Biden admin reverses Trump’s anti-crypto stance
Galaxy Digital CEO calls Trump’s crypto policies “anti-dollar” and “anti-innovation.” 554 Total views 3 Total shares The United States is in desperate need of open-minded cryptocurrency regulations from the incoming Biden administration, according to Galaxy Digital CEO Mike Novogratz. Appearing in a Thursday segment of CNBC’s Sqwuak Box, Novogratz said the Bitcoin (BTC) bull market has…
Raiz to Offer Bitcoin Fund to Australian Retail Investors in 2020
Australian micro-investment startup Raiz is set to bring Bitcoin (BTC) fund options to its users, Australian Financial Review (AFR) reports on Jan. 20. The firm cleared the last legal hurdle with the Australian Securities and Investment Commission (ASIC), the country’s financial watchdog agency.Raiz is a fintech startup offering micro-investment services to its 300,000 registered accounts.…
Xapo co-founder gets regulators’ green light for new crypto startup
Licechtenstein's Financial Market Authority has approved a new startup called Lirium, which was founded by a Xapo co-founder and aims to streamline the integration of crypto services by banks and fintechs. The latest project from one of wallet provider Xapo's co-founders, Federico Murrone, has secured the go-ahead from Liechtenstein's financial regulator for his new startup Lirium to…
Changpeng Zhao moved to custody of field office ahead of Sept release
As of Aug. 22, the US Federal Bureau of Prisons listed the former Binance CEO as an inmate of the Residential Reentry Management Long Beach field office.
ECB Official: Stablecoins Pose Risks to Public Policy Priorities
A board member of the European Central Bank (ECB) has argued that stablecoins like Facebook’s long-awaited Libra coin pose risks to public policy priorities.ECB board member Benoit Coeure delivered his comments on stablecoins’ regulatory issues at a meeting at the Bank of International Settlements (BIS) in Basel, Switzerland, Reuters reported on Sept. 16. Coeure specifically…
$pickle in a pickle as attacker swipes $20 million in “evil jar” exploit
The perils of decentralized finance in the spotlight yet again after the latest major DeFi exploit 1558 Total views 18 Total shares In yet another attack on a major decentralized finance (DeFi) protocol, farming project Pickle Finance has been exploited today to the tune of $20 million. The attack transpired roughly two hours ago, and ETH-savvy…
EU politician reveals her conversion to crypto — Eva Kaili
European Parliamentarian Eva Kaili’s conversion to cryptocurrency came as she watched her friends lose their life savings in the fallout of the Global Financial Crisis. The crunch came during the 2012 Cypriot financial crisis, when Cypriot banks collapsed and a levy was imposed on many depositors to fund the resulting bailout.“Lots of my friends lost…
Zimbabwe turns gold-backed digital token into payment method
The Reserve Bank of Zimbabwe first introduced its new project, in which every issued digital token would be backed by a physical amount of gold held in the bank’s reserves, in April 2023. 68 Total views 7 Total shares On Oct. 5, the gold-backed digital token under the name Zimbabwe Gold (ZiG) officially kicked off