CFTC eyeing Polymarket, betting platforms amid US elections: Law Decoded
Polymarket and other offshore platforms are under CFTC scrutiny for compliance, and the SEC and German authorities are ramping up crypto crackdowns.
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Crypto funds under management drop to a low not seen since July 2021
Outflows from digital asset funds reached $141 million last week, a figure not seen since July 2021. 107 Total views 3 Total shares Digital asset investment products saw $141 million in outflows during the week ending on May 20, a move which reduced the total assets under management (AUM) by institutional funds down to $38…
Ethereum Has More Than Twice as Many Core Devs per Month as Bitcoin, Report Says
Ethereum (ETH) has the most developers working on its base protocol of all cryptocurrencies, not counting community project developers, according to a report by crypto asset management firm Electric Capital. The report was published in a Medium post on March 7.Per the post, the company fingerprinted over 20,000 code repositories and 16 million commits to…
US Secret Service holds crypto, praises blockchain tech in Reddit AMA
In a crypto-themed AMA session on Reddit on May 15, the U.S. Secret Service answered a wide range of questions and revealed their little-known NFT collection. 148 Total views 3 Total shares The United States Secret Service owns crypto, has its own NFT collection, and has praised blockchain technology's ability to fight financial crime, Reddit…
US: Crypto Initiative Donates Monero to Bail Out Immigrants in ICE Detention
The Bail Bloc initiative has started using cryptocurrency raised through charity to help people get out of U.S Immigration and Customs Enforcement (ICE) pretrial incarceration, according to a tweet posted by a Bail Bloc co-founder Nov. 15.ICE is a law enforcement agency of the federal government of the U.S, the mission of which is to…
S. Korean watchdog goes after crypto whales to ensure AML compliance
The South Korean regulator noted that popular stablecoins used by the public might become a primary tool for laundering using digital assets. 64 Total views 2 Total shares South Korea’s financial watchdog, The Financial Service Commission (FSC), would monitor crypto whales with assets of over 100 million won ($70,000) to prevent money laundering efforts using…
NFL to offer virtual NFT tickets at Super Bowl in Los Angeles
After launching commemorative virtual ticket NFTs in November 2021, the NFL distributed over 250,000 NFTs as of mid-January. 149 Total views 18 Total shares The NFL officially announced Wednesday that each fan who attends Super Bowl LVI in Los Angeles on Feb. 13 will receive a unique customized NFT.The NFT will feature their unique section,…
Crypto Markets Continue to See Mixed Signals, Dow Jones Up Over 360 Points
Feb. 15 — crypto markets have continued trading sideways after hitting a multi-month high of daily trading volume of more than $36 billion yesterday, according to CoinMarketCap data.Market visualization from Coin360Bitcoin (BTC) is slightly down over the past 24 hours, and is trading at $3,626 at press time. At press time, the biggest cryptocurrency is…
NEAR developers to get seamless Web3 app deployment with Pocket Network
According to Pocket Network, the latest integration with NEAR allows native developers to deploy their applications on other supported blockchains, including Ethereum, Solana, Polygon and more. 421 Total views 3 Total shares Pocket Network, a relay infrastructure middleware protocol, announced a service integration to improve the network bandwidth of NEAR blockchain while enabling faster deployment…