Decentralized ID is the next “killer” Web3 use case: Cardano sustainability lead
Blockchain needs more non-speculative use cases to onboard the next billion mainstream users.
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Tagomi Holdings’ Subsidiary Gets BitLicense from New York DFS
The New York State Department of Financial Services (DFS) has granted a BitLicense to institutional-grade crypto trading platform Tagomi Trading, according to an official press release on March 27.Tagomi Trading, a subsidiary of Tagomi Holdings, is now legally authorized to trade virtual currency assets and to engage in money transmission. The company is allowed to…

We Should Not ‘Scurry to Keep Pace’ With Fintech, Says CFTC Commissioner
A new commissioner at U.S. regulator the Commodity Futures Trading Commission (CFTC) repeated called for handling fintech – including blockchain and cryptocurrency – with an “open mind” in a speech Thursday, Oct. 25.Speaking at the 2018 International Swaps and Derivatives Association (ISDA) Annual Japan Conference in Tokyo, Rostin Behnam, who has now held the post…

Bitcoin nears $40K amid warning BTC price will correct before bull market resumes
Another price dip is required before continuation, one trader says, giving a short-term target of $36,000 for BTC/USD. BItcoin (BTC) edged closer to $40,000 on June 3 as bulls gathered increasing signals that the bottom is in.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBTC/USD to $36,000 next?Data from Cointelegraph Markets Pro and TradingView showed BTC/USD retaining…

Crypto could solve venture capital’s due diligence problem — VC exec
Venture capitalists battling with the difficulties of proper crypto firm due diligence should be looking at getting back to the basics — to "trust the chain," a crypto-focused venture fund executive argues. Speaking to Cointelegraph, John Lo, head of digital assets at Recharge Capital — a $6 billion fund with crypto and decentralized finance (DeFi) projects…

Swiss National Bank President Says Stablecoins Could Hamper Policy
Swiss National Bank (SNB) President Thomas Jordan said that stablecoins pegged to foreign currencies could hamper Switzerland’s monetary policy in some circumstances.Cryptocurrencies’ limited use as payment instrumentsOn Sept. 5, Jordan spoke at the University of Basel, saying that he is convinced that cryptocurrencies are of limited use as payment instruments, stores of value and units…

Musk: Polymarket ‘more accurate than polls, as actual money is on the line’
The billionaire mogul’s opinion comes as he ramps up his support for Republican candidate and former US president Donald Trump.

Crypto Markets See Mild Volatility on The Day, Fail to Hold Sharp Rebound Trend
Saturday, Nov. 23: crypto markets have seen some volatility on the day, but failed to hold a sharp rebound attempt. The top 20 cryptocurrencies by market cap are seeing their prices stabilize after another sell-off yesterday, according to CoinMarketCap.As of press time, the major 20 crypto markets are seeing a mix of red and green,…

Legal fees skyrocket in high-profile crypto bankruptcies
High-profile bankruptcy cases have become a lucrative goldmine for two major law firms involved in the legal proceedings: Sullivan and Cromwell and Kirkland and Ellis.