Crypto analyst doubts Bitcoin dominance is 'going back up' to 70% again
Crypto analyst Benjamin Cowen expects Bitcoin dominance to make its “final move” to 60% either in September or, at the latest, by December 2024.
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Can the law keep up with Musk and DOGE?
Lawsuits say DOGE violates the Federal Advisory Committee Act, obliging committees to uphold transparency.
Texas investigates FTX for securities violations after objecting to Voyager auction
The Texas State Securities Board enforcement director downloaded an FTX Trading app – not an FTX US app – in Texas using his own information and was able to earn interest on it. 249 Total views 3 Total shares The Texas State Securities Board (SSB) and the Texas Department of Banking (DOB) filed a supplemental…
Commercial smart contract adoption next market driver: Mark Cuban
“When businesses can use smart contracts to gain a competitive advantage, they will. The chains that realize this will survive,” according to Mark Cuban. 356 Total views 4 Total shares Billionaire investor Mark Cuban has tipped commercial smart contract adoption as the next catalyst to drive the crypto and blockchain sector. The Dallas Mavericks owner…
Crypto’s next bull run will come from the East: Gemini co-founder
Crypto’s next bull run will start in Asia, according to Cameron Winklevoss, an American investor and co-founder of crypto exchange Gemini.His comments have come amid an increase in enforcement action and looming crackdowns from United States regulators, including the Securities and Exchange Commission.“My working thesis atm is that the next bull run is going to…
Crypto-friendly Ray Dalio steps back from Bridgewater’s $150 million fund
Dalio’s views on cryptocurrencies have evolved throughout his tenure at Bridgewater Associates. 432 Total views 30 Total shares After 47 years in charge of the world’s largest hedge fund, Bridgewater Associates, its founder Ray Dalio has finished a leadership transition that began in February. He is no longer one of three co-chief investment officers but…
Bitfinex Completes Another $100M Loan Facility Repayment to Tether
Hours after experiencing a major denial of service attacks (DDoS) attack, Bitfinex has announced it repaid another part of the loan facility to Tether.In a Feb. 28 blog post, Bitfinex revealed that the cryptocurrency exchange repaid $100 million of outstanding loan facility to major stablecoin operator Tether (USDT).Similarly to a previous repayment in July 2019,…
‘Tracers in the Dark’ presents a fun crime story — and lesson in privacy
On its surface, Andy Greenburg’s new book, Tracers in the Dark: The Global Hunt for the Crime Lords of Cryptocurrency, is a standard crime story. Fans of true crime podcasts will enjoy the crypto version and get a seat in the Federal Bureau of Investigation van as United States federal agents track down criminals through…
Insurance Giant Allianz Is Working on a Token-Based Blockchain Ecosystem
German financial services giant Allianz Global Corporate & Specialty SE (AGCS) is developing a blockchain-based ecosystem to facilitate cross-border insurance payments for its corporate customers.Experimentations with blockchain technologyAllianz is working on a token-based blockchain system, expecting it to streamline international insurance payments for its corporate customers, Forbes reported on Aug. 8. An Allianz spokesperson told…