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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Coinbase Custody Buys Xapo Institutions, Continuing Rapid Expansion
Disclaimer: this story is breaking and may be subject to updates.Coinbase Custody has reportedly acquired Xapo’s institutional business to become the world’s largest crypto custodian by assets under custody.Major crypto exchange Coinbase announced the news in a post on the company’s blog Aug. 15. The news follows rapid growth on the part of Coinbase’s year-old custodial…

‘Better as friends’: DeFi protocols Yearn and Cover announce cessation of merger
Decentralized finance (DeFi) protocols Yearn Finance and Cover have announced today the end of a protocol merger process initiated in November last year. The two protocols were initially linked during a spree of a half-dozen Yearn acquisitions, mergers, or collaborations, the exact term depending on the project. The split comes as a surprise to many, given…

Here’s why crypto companies need to focus on embedded finance
Personalized offers, financing loans, insurance, seamless payment and preferred payment mode were key features that came out as top priorities for customers. 207 Total views 5 Total shares Own this piece of history Collect this article as an NFTA new study by Decta highlighted the importance of embedded finance features in today’s fintech world. With…

Crypto, Blockchain Should Be Regulated Under Existing Frameworks, Says HKEX Report
A new report published by the Hong Kong Stock Exchange (HKEX) Oct. 18 proposes that financial technologies (fintech), including cryptocurrencies and blockchain, should be regulated in consistency with existing regulatory frameworks.The report, written by the Chief China Economist’s Office and Innovation Lab at HKEX, focuses on integrating and regulating blockchain and artificial intelligence (AI) applications…

Senior Software Developer at Ripple Quits After 6.5 Years to Focus on Coil
Evan Schwartz, senior software developer at major crypto firm Ripple announced that he is leaving the cryptocurrency company after six and a half years.On Jan 2, the software engineer took to Twitter to announce that after working 2,328 days at the blockchain giant, today will be his last. Schwartz tweeted:“After 2328 days, or just under…

CZ cites Star Trek to Binance staff: ‘l need everyone to continue performing admirably’
Former Binance CEO CZ sent a letter to employees after he stepped down, assuring employees the company would be fine, and quoting a famous Star Trek line as he closed. The former Binance CEO Changpeng “CZ” Zhao stepped down from his role on Nov. 21 after pleading guilty to not following anti-money laundering laws. He

Japanese Exchange bitFlyer Blockchain Arm Launches Consulting Service
With new laws on digital assets taking effect soon in Japan, a bitFlyer subsidiary started offering consulting on blockchain technology. 1401 Total views 51 Total shares One of the largest cryptocurrency exchanges in Japan and one of the biggest Bitcoin brokers worldwide just announced their blockchain arm would be starting consulting services to address requests…

Trump’s World Liberty Financial buys another $10M worth of ETH
World Liberty Financial, the Trump family’s DeFi project, has made another purchase of $10 million worth of Ether.