Crypto influencers on notice after FTC bans fake likes and followers
New rules from the FTC mean crypto influencers will face stiff fines for fake followers and likes, while celebrity testimonials are also in the firing line.
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Reserve Bank of Australia Official ‘Not Convinced’ of Need for Digital Dollar
The Reserve Bank of Australia (RBA) assistant governor Michelle Bullock said that the bank has not been convinced of the need to create a digital Australian dollar, local business and finance news outlet The Australian Financial Review reported Oct. 24.Speaking at the Sibos 2018 banking and financial conference in Sydney, Bullock reportedly said that she…
Crypto is too big to exist outside of public policies, warns SEC chair
SEC boss Gary Gensler believes crypto assets need to act within a public policy framework to survive over the long term. 765 Total views 43 Total shares Crypto assets will not last long outside of a public policy framework because “finance is about trust,” warns Gary Gensler, the chair of the United States Securities and…
Macro factors to spark next crypto bull market in Q2 2024, Real Vision’s Raoul Pal says
Macro factors will play a dominant role in sparking the next crypto bull market, which should start in Q2 2024, according to Raoul Pal. 299 Total views 2 Total shares The next crypto bull market is likely to kick off in Q2 2024, when the Bitcoin (BTC) halving is set to take place, says macro
Australia’s revamped data program to ‘catch out’ crypto tax cheats
The Australian Tax Office is collecting over a decade of crypto transaction data, and tax dodgers could be busted if they don’t properly file this tax season.
Metaco partners with IBM for secure digital asset orchestration system
Metaco will use IBM Cloud to provide robust security-critical technology for institutional investors entering the digital asset space. 2060 Total views 16 Total shares Digital asset security infrastructure outfit Metaco has partnered with tech conglomerate IBM to utilize the latter’s cloud platform for enterprise-grade digital asset custody solutions.According to a press statement issued on Thursday,…
Startup Tests New Ethereum Sidechain Following Coinbase Investment
Following investment from Coinbase Ventures, Offchain Labs has opened up the Alpha version of its Ethereum (ETH) scaling solution, dubbed Arbitrum.Enterprise-focused blockchain startup Offchain Labs said that their solution will enable processing speed of more than 500 transactions per second for Ethereum applications, industry-focused news outlet Crypto Briefing reported on Sept. 5.Arbitrum has reportedly secured…
Tether swaps more than 2 billion USDT to the Ethereum network
The vast majority of Tether's USDT volume exists on the Tron network due to comparatively lower fees and faster transaction finality.
Crypto Markets Stay Mostly Stagnant Despite This Week’s Major News for Industry
Saturday, Oct. 6: crypto markets keep remain fairly stable on the day, despite this week’s major news in the industry, including institutional investments and an update from the SEC on their highly-anticipated Bitcoin ETF decisions.CNBC’s CryptoTrader host Ran Neuner commented on Twitter today that all of this week’s “good news” – such as retail brokerage…