Can popup cities revitalize Ethereum’s innovation?
Innovation hubs can advance Ethereum’s ecosystem, cultivating community-driven development and addressing the challenges of transitioning to sustainable blockchain projects.
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South African Gov’t Reveals It Has No Plans to Ban Crypto in Recent Consultation Paper
The South African Reserve Bank (SARB) has issued a consultation paper assessing the benefits and risks of cryptocurrencies. The paper, developed jointly with a number of the country’s government agencies, was announced in an official statement published Jan. 16.In the document, titled “Consultation Paper on Policy Proposals for Crypto Assets,” South Africa’s government clarifies that…

Bitcoin miner ‘capitulation event’ may have already happened — research
Bitcoin (BTC) miners may have already sparked a “capitulation event,” fresh analysis has concluded.In an update on June 24, Julio Moreno, senior analyst at on-chain data firm CryptoQuant, hinted the BTC price bottom could now be due.BTC price bottom "typically" follows miner capitulationMiners have seen a dramatic change in circumstances since March 2020, going from…

Bitfinex launches the first L2 bridge from CeFi to DeFi
The bridge will facilitate ERC-20 token transactions between centralized and decentralized exchanges. 1658 Total views 51 Total shares Crypto exchange Bitfinex has today announced a market-debut service to bridge its centralized platform with the layer-2 decentralized trading platform and subsidiary DeversiFi. The bridge will provide users access to the permissionless and privacy-centric experiences of DeFi, in…

Retail interest in crypto declines as investors search for the next big price mover
Google search data and exchange activity point to the declining interest from retail traders as crypto investors search for the next big spark that will bring fresh capital into the ecosystem. 243 Total views 3 Total shares One of the main narratives of hope for cryptocurrency investors is that there will be a major shift…

Celsius Network hires advisers ahead of potential bankruptcy: Report
Restructuring, bankruptcy, buyouts... media outlets are swarming with different reports on the next steps Celsius may take. 315 Total views 2 Total shares Crypto lending platform Celsius Network has reportedly onboarded advisers from a management consulting firm in advance of the company possibly facing bankruptcy.According to a Friday report from the Wall Street Journal, Celsius…

Robinhood bought back Sam Bankman-Fried’s stake from US govt for $606M
The purchase of the 55 million Robinhood shares had been expected following approval from the company's board and a U.S. district court. 99 Total views 21 Total shares Cryptocurrency and stock trading platform Robinhood has announced the purchase of more than 55 million shares of the firm previously held by former FTX CEO Sam Bankman-Fried.According

Facebook Stresses Libra’s Compliance With FinCEN at Senate Hearing
David Marcus, head of Facebook’s crypto wallet Calibra, stressed Facebook’s intent to be compliant with the United States Financial Crimes Enforcement Network (FinCEN) in distributing the Libra stablecoin. As a Cointelegraph correspondent reports on July 16, Marcus delivered his comments at the ongoing hearing on Facebook’s Libra with the Banking Committee of the U.S. Senate.Addressing…

French Regulators, Central Bank Distance Themselves From Tobacconists’ BTC Retail Plans
French stock market regulator, the Autorite des Marches Financiers (AMF), has jointly issued a warning with the country’s central bank and French Prudential Supervision and Resolution Authority (ACPR) recalling the risks associated with “speculative” crypto assets. The warning was posted as a press release on the AMF official website Nov. 26.The three entities’ joint announcement…