Crypto Biz: A crypto policy expert may run the SEC

The Basel Committee on Banking Supervision proposed tough requirements for banks that want to hold cryptocurrencies like Bitcoin. 3802 Total views 4 Total shares The Basel Committee on Banking Supervision (BCBS), a global committee of banking supervisors and central banks, has proposed new requirements for banks that want to hold cryptocurrencies like Bitcoin (BTC).In a…

Bitcoin’s (BTC) mining difficulty saw its second largest drop in history, with a -15 percent adjustment on Monday, Dec. 3, as per data provided by major Chinese mining pool BTC.com.Bitcoin’s hashing difficulty algorithm is normally adjusted every two weeks to maintain the normal 10-minute block time. It has been adjusted for the second time today…

Bitcoin (BTC) long-term holders are knuckling down as a record portion of the BTC supply stays dormant for years.Data from on-chain analytics firm Glassnode confirms that the percentage of the supply now stationary for at least five years is higher than ever.2017 BTC buyers not this year's sellersBitcoin has recovered almost 40% from its macro…

The Backpack crypto wallet has bagged operational licenses across several jurisdictions worldwide over the past five months, according to the company announcement. 105 Total views 1 Total shares The Dubai Virtual Assets Regulatory Authority (VARA) has issued a Virtual Asset Service Provider (VASP) license to the crypto wallet Backpack, resulting in the launch of Backpack

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The "fintech innovators" will receive direct support from Mastercard as they bring their products and services to market. 2761 Total views 14 Total shares Mastercard Start Path, an accelerator program for fintech startups, has welcomed six new companies innovating in the field of blockchain-based payments.Asante Financial Services, Cledara, Jifti, Moeda Seeds, SpendDebt and Tippy were…

A representative said that eBay "will add new capabilities that bring blockchain-driven collectibles" to the platform. 9231 Total views 30 Total shares Online marketplace eBay has introduced auctions for nonfungible tokens, or NFTs, to its platform.According to a Reuters report, eBay users who meet certain criteria on the platform will be permitted to list NFTs.…

The amount exploited this year so far surpasses the total amount stolen in all of 2020 and 2021 combined, with the month of March alone beating 2020 by over $200 million. 467 Total views 22 Total shares The decentralized finance (DeFi) space has been rife with hacks, exploits, and scams so far this year with…

The Bitcoin price remains stuck below $69,000 over the past 10 weeks, but analysts say it is a healthy price action