Coinbase cites Binance BNB token precedent in SEC petition
“Rulemaking is required here because the SEC has adopted a novel and sweeping, yet still indeterminate, view of the securities laws,” attorneys wrote.
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Do memecoins have a place in crypto — Where they stand
In mid-April 2023, a frog memecoin called Pepe dominated discussions in crypto circles after going up parabolically in the span of a few hours, going up by as much as 21,000%. Pepe follows a long list of memecoins led by Doge and Shiba Inu that made millions for some and lost even more money for…
Ontology and Bitcoin Suisse Partner to Strengthen European Ecosystems
Blockchain platform Ontology has partnered with Swiss service provider Bitcoin Suisse as part of their European growth strategy. Blockchain platform Ontology and Swiss crypto-financial service provider Bitcoin Suisse have partnered together in an effort to grow their respective ecosystems in Europe and Asia. The partnership sees Bitcoin Suisse list the Ontology (ONT) token and the…
Low Exchange Reserves Suggest Futures Traders Are Over-Leveraged
The number of Bitcoins held on exchanges continues to decline despite growing open interest in the futures markets. 604 Total views 12 Total shares Cryptocurrency market data aggregator Glassnode has reported that the number of Bitcoins (BTC) held on centralized exchanges has fallen to a 12-month low.The decline in exchange reserves comes amid numerous recent…
Central banks can push DeFi into mainstream: Swiss National Bank official
Central bank digital currencies (CBDC) can work well with decentralized finance (DeFi), and they have a lot of potential to boost DeFi adoption, according to a Swiss central bank official.Among many various types of digital currencies, it is CBDC that could provide more stability and lower risks to the development of DeFi, according to Thomas…
New Analysis Suggests $16 Million in Crypto Stolen in Cryptopia Hack
As much as $16 million worth of Ethereum (ETH) and ERC20 tokens were stolen in the recent hack of New Zealand exchange Cryptopia, according to an analysis from blockchain infrastructure firm Elementus, Jan. 20.Elementus’ findings and analysis were published under a week after Cryptopia first publicly announced its detection of the breach. As reported, the…
Silvergate Bank revenue soar in Q1 as institutional crypto trading activity falls
The bank facilitated $142 billion worth of transfers between crypto exchanges and financial institutions in Q1. 233 Total views 5 Total shares On Tuesday, Silvergate Bank, a crypto-fiat gateway network designed for financial institutions, announced its results for the first quarter of 2022. During this period, its revenue and net income grew by 93% and…
ANZ bank completes Australian CBDC use case for carbon credit trading
The first Australian dollar-backed stablecoin was used with Australian CBDC support to trade carbon credits with Grollo Carbon Ventures. 175 Total views 3 Total shares Own this piece of history Collect this article as an NFTAustralia and New Zealand Banking Group (ANZ) has completed its use case in the pilot project run by the Reserve…
Magic Eden hosting service compromised: Nifty Newsletter, Dec 28–Jan 3
In this week’s newsletter, read about how nonfungible tokens (NFTs) in the Magic Eden marketplace showed “unsavory images.” Read about Final Fantasy developer Square Enix’s aggressive investments in blockchain gaming and how play-to-earn (P2E) will transition from the growth phase to maturation. In other news, check out metaverse developments throughout 2022. And don’t forget this…