Canadian crypto exchanges face deadline for CIRO membership
Crypto traders have been on interim rules since March 2021, and it’s time to finalize membership in the securities industry’s self-regulatory organization.
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Nigerian Banking Regulator Warns Bitcoin’s Disintermediation Is a ‘Critical Concern’
The director and chief executive of the Nigeria Deposit Insurance Corporation (NDIC) has expressed concerns about cryptocurrencies and disintermediation, English-language Nigerian news outlet The Sun reported Dec. 12.Disintermediation is when consumers begin investing directly in markets, rather than through intermediates like banks.The NDIC was established in 1988 to ensure safety in the just-liberalized banking sector.…

Tether Stablecoin to Run on BlockStream’s Liquid Network Sidechain
Tether is now running on a sidechain of Bitcoin’s blockchain. While Tether has traditionally operated on the Omni Layer of Bitcoin, the U.S. dollar-backed stablecoin has begun spreading to other blockchain protocols this month.Most recently, Tether is now being offered on blockchain company BlockStream’s Liquid Network sidechain, according to an official announcement on July 29.According…

Latest Eth 2.0 Testnet on Track for June Launch
Ethereum 2.0 developers agreed in a call to move up the launch of a milestone 0.12 testnet to Monday, to ensure all engineers are on deck for the genesis block. 1396 Total views 13 Total shares The latest Ethereum 2.0 testnet iteration, Altona, is scheduled to release on Monday, June 29.As discussed in the Eth…

US city sets up Bitcoin ATM in airport after crypto payment adoption
The City of Williston expects to boost crypto payment volumes by installing a state-hosted crypto kiosk in the airport. 292 Total views 20 Total shares The North Dakota’s City of Williston continues exploring and adopting the cryptocurrency industry by elevating a crypto automated teller machine (ATM) in its international airport.The city’s administration officially announced the…

Spot Bitcoin ETFs see highest flow day in over 5 weeks
The $310 million in inflows were led by the BlackRock and Fidelity Bitcoin ETFs, while Grayscale recorded a rare inflow day at $23 million.

Crypto the ‘hardest thing’ in software history — Consensys CEO
Consensys CEO Joseph Lubin told Cointelegraph that crypto might be the “hardest thing” in software history in terms of potential threats, vulnerabilities and complexity.

Historically accurate Bitcoin metric nears the next ‘potential’ price peak
Exciting action for the historically accurate metric lays the foundation for a new cycle to a price peak. 4883 Total views 1 Total shares Bitcoin (BTC) losing over 50% in a month may have a big silver lining as lower prices set up a classic bull flag.On Thursday, Philip Swift, creator of the Pi Cycle…

Binance to face class action after US Supreme Court denies petition for review
The Supreme Court has denied a petition to review a lower court decision that securities laws applied to Binance.