Crypto law firm loses appeal to force SEC’s hand on Ether classification
Hodl Law sued the SEC in 2022, claiming it could face the regulator’s ire for using Ethereum and wanted a court to force it to decide if ETH is a security.
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Ukraine’s central bank sees both promises and threats in Bitcoin
The central bank of Ukraine sees crypto as a threat to macro-financial stability and a promising opportunity for better payments at the same time. 558 Total views 17 Total shares Own this piece of history Collect this article as an NFTThe National Bank of Ukraine (NBU) has expressed a mixed stance on cryptocurrencies like Bitcoin…
UK will hold back action against crypto ‘pockets of exuberance’ for now
The Bank of England’s latest Financial Stability Report took stock of the massive increase in crypto prices and trading activity this year. 887 Total views 4 Total shares The Bank of England (BoE)’s latest Financial Stability Report, released twice yearly, acknowledges that increased crypto trading action and price volatility in 2021 signal that the sector…
Nifty News: Kraken NFT exits beta, Coinbase’s ‘Stand with Crypto’ gains support and more
Kraken NFT marketplace exits its beta phaseCrypto exchange Kraken has announced that its nonfungible token (NFT) marketplace has exited its beta phase. Along with the launch, the NFT platform highlighted it had expanded its number of NFT collections from 70 to over 250. According to Kraken, it will continue adding more collections to its marketplace. — Kraken…
Gemini collaborates with The Giving Block and others, adds donations option
Gemini has made digital asset giving more convenient for its users. 1654 Total views 6 Total shares United States crypto exchange Gemini has added a way for customers to donate crypto to over 100 nonprofits worldwide via The Giving Block.Gemini now gives customers the option to “Give Back With Crypto,” The Giving Block unveiled in…
Bitcoin is now in its longest-ever ‘extreme fear’ period
Bitcoin (BTC) may have avoided fresh losses since falling to $17,600 last month, but the sentiment is on the floor.Now, one classic crypto market mood gauge is showing just how long and hard the average investor has suffered.70 days of "extreme fear"While crypto market sentiment was already "comparable to funeral" before the start of 2022,…
After FTX: Defi can go mainstream if it overcomes its flaws
The collapse of the now-bankrupt cryptocurrency exchange FTX has raised many concerns over unregulated centralized platforms. Investors are now coming to question how safe it is to keep one’s funds on these exchanges and have voiced grave concerns about centralized decision-making without any checks. FTX held one billion in a customer’s fund and was found to…
Crypto startup launches tokenized US Treasury bonds on Bitcoin layer-2s
The new tokenized assets offer the stability of the Bitcoin network with admirable yield.
Business Insider: Goldman Sachs Drops Plans to Open Crypto Trading Desk
Goldman Sachs Group Inc. is halting its plans to open a cryptocurrency trading desk, Business Insider reports September 5, citing sources familiar with the matter.The bank’s plans to create a crypto-focused unit by the end of June 2018 were originally reported by Bloomberg, with sources claiming that Goldman Sachs aims to become "the first large…