Coinbase’s ‘Stand With Crypto’ creates NFT legal defense fund
Coinbase has emerged as a vocal advocate for the crypto industry in the face of ongoing regulatory crackdowns in the United States.
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Finance Redefined: DeFi’s downturn deepens, but protocols with revenue could thrive
Welcome to Finance Redefined, your weekly dose of key decentralized finance (DeFi) insights — a newsletter crafted to bring you some of the major developments over the last week.This past week, the DeFi ecosystem saw several new developments related to the DeFi lending crisis as Celsius filed for bankruptcy. At a time when bears are…
State Street reveals digital asset platform for institutional clients
The firm revealed it has “$44.3 trillion in assets under custody and/or administration and $4.4 trillion in assets under management.”
Analysts say Bitcoin daily close above $48K opens a clear path to a new all-time high
Analysts say Bitcoin’s surge above $48,000 is the clear macro trend change that traders have been waiting for, but are new all-time highs on the way? 285 Total views 17 Total shares Cryptocurrency investors are in high spirits on March 28 as the week-long melt-up across the market extended another day with Bitcoin (BTC) rallying…
KFC Launches Blockchain Pilot for Digital Advertising and Media Buying
KFC has rolled out a blockchain pilot program across the Middle East for its digital advertising supply chains. 1642 Total views 35 Total shares Kentucky Fried Chicken has rolled out a blockchain pilot program across the Middle East aimed at improving digital advertising and media buying.KFC Middle East expects the blockchain-powered platform to ensure greater…
The US Secret Service Issues Ransomware Warning
The US Secret Service issued a security alert about ransomware attacks. 1429 Total views 20 Total shares The U.S. Secret Service issued a warning about an increase in hacks targeting managed service providers, or MSPs, of both the U.S. private sector and various government entities.According to a document published by ZDNet on June 7, threat…
Coinbase CEO reiterates that ‘staking’ products aren’t securities
The SEC is broadening its investigation into crypto exchanges and has targeted staking products for potential securities violations. 240 Total views 9 Total shares Own this piece of history Collect this article as an NFTCoinbase CEO Brian Armstrong has attempted to quell speculation that his exchange’s staking products should be classified as securities — upping…
Expert: India Will Lose An Almost $13 Billion Market By Banning Crypto
Sidharth Sogani, the CEO of crypto and blockchain research firm Crebaco Global Inc, believes that India will lose around $12.9 billion worth of market if cryptocurrency is banned in the country.Sogani shared his reasoning with the news outlet AMBCrypto, which reported the matter on August 8. According to the report, Crebaco’s methodology included an analysis…
China Launches Blockchain-Based Service Network for Global Commercial Use
China launches its nationwide Blockchain-based Service Network for commercial use. 1357 Total views 49 Total shares Six months after the beta test launch, China’s Blockchain-based Service Network — or BSN — is now officially available for global commercial use. Various Chinese government officials and heads of organizations gathered for a meeting in Beijing on April 25…