Crypto adoption on track to hit 8% by 2025: Report
Institutional interest and economic uncertainty are driving forces behind the accelerated global adoption of cryptocurrencies, according to a report from MatrixPort.
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NFTs, DAOs and the importance of roadmaps
this JPEG can have sex with this JPEG and make a new baby JPEG? Say what?” When CryptoPunks started out in 2017, they seemed silly to many. They were just 128 X 128 pixels. Who cares about that? They weren’t really cool until Gary Vee had a mastermind call with influencers and said, “Crypto Punks…
NBA Partners With Firm Behind CryptoKitties for Crypto Collectible Game
The United States National Basketball Association (NBA) and its affiliated union — the National Basketball Players Association (NBPA) — have partnered with Dapper Labs of CryptoKitties-fame to release a new crypto collectibles game.According to an official announcement on the NBPA website, the upcoming game is scheduled to launch in early 2020.The game, called NBA Top…
Crypto Markets Turn Red After Binance Hack, US, EU Stocks Steady as Asian Equities Falter
Wednesday, May 8 — having just broken new 2019 highs, crypto markets have tipped into red in the wake of yesterday’s $40 million hack of major exchange Binance. Virtually all of the top 20 cryptocurrencies are down up to 9%, yet most losses remain mild, as Coin360 data shows.Market visualization courtesy of Coin360Despite being the…
Gary Gensler finds new audience for his crypto skepticism: The US Army
The U.S. Securities and Exchange Commission chair called crypto "the Wild West" and urged troops not to “get caught up in the FOMO.” Own this piece of history Collect this article as an NFTUnited States Securities and Exchange Commission (SEC) chair Gary Gensler has found a new audience for his crypto-skeptical pep talks — the…
US Congress Schedules Sept. 24 Hearing With SEC With Crypto on Agenda
The United States House of Representatives Committee on Financial Services has scheduled a hearing with Securities and Exchange Commision (SEC) Chairman Jay Clayton and four other SEC commissioners to discuss, among other topics, crypto.In a memorandum from Sept. 19, the Committee on Financial Services stated that it will hold a hearing on Sept. 24 entitled,…
Crypto Exchange Hack Losses Already 250% Higher Than 2017, Q3 Report Shows
Losses caused by cryptocurrency exchange hacks hit $927 million in the first nine months of 2018, already 250 percent higher than throughout all of 2017, Reuters India reports October 10.Reuters cites a Crypto Anti-Money-Laundering (AML) report for Q3 2018 from crypto intelligence firm CipherTrace, which pitted the $927 million figure against last year’s $266 million…
FinCEN’s wallet rule is open for another day of comments because ‘government officials can’t count to 15’
The website accepting comments on the proposed FinCEN rule shows crypto users have until Jan. 7, not Jan. 4 as the regulator claimed. 2820 Total views 13 Total shares The United States Treasury Department may have accidentally widened the window of opportunity for anyone wishing to submit comments regarding the Financial Crimes Enforcement Network's new…
Hive Digital to expand operations to Paraguay for the first time
Bitcoin miner Hive Digital has plans to build a 100-megawatt mining facility in Paraguay powered by the nation’s Itaipu hydroelectric dam.