Decentralized science is like early DeFi in 2019: Crypto VC
Mechanism Capital’s Andrew Kang said DeSci protocols will likely change their existing models before evolving into more market-ready products.
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Bitcoin will survive failure of ‘any giant’ in crypto, Samson Mow says
Bitcoin cannot be destroyed by the fall of cryptocurrency giants like FTX or, hypothetically, other big exchanges, according to Samson Mow. 433 Total views 4 Total shares The collapse of FTX has triggered a notable drop in the price of Bitcoin (BTC), but that in no case means that BTC can be destroyed by failing…

The Ethereum Shanghai upgrade: Everything you need to know
Ethereum has just had its first major upgrade, or “hard fork,” since transitioning to a proof-of-stake system. The Shanghai upgrade allows validators to withdraw the staked ether (ETH) that has been locked in the network. While the primary objective of the upgrade is to implement Ethereum Improvement Proposal-4895, which unlocks validator withdrawals, the changes include…

Estonia: Amendments to Anti-Money-Laundering Regulations Will Tighten Crypto Regulation
The Estonian Ministry of Finance will shortly add amendments to a recently-passed financial bill that are meant to “tighten” crypto-related regulation, Estonian financial newspaper Äripäev reports Nov. 28.According to the article, a new version of the Anti Money Laundering (AML) and Terrorist Financing Prevention Act came into force this week in Estonia, conforming legislation to…

India: Interim Bail Granted to Two Brothers Accused in $300 Mln Crypto Ponzi Scheme
The Supreme Court of India has granted interim bail to two brothers who are among the chief suspects accused of running a Bitcoin (BTC)-related Ponzi scheme. The development was reported by Indian tech startup news source Inc42 on April 3.Amit Bhardwaj and his brother, Vivek Bharadwaj, have succeeded in their appeal for interim bail, which…

New York financial regulator investigates Gemini over FDIC claims: Report
Many Gemini Earn users reportedly claimed assets in their accounts had been protected by the Federal Deposit Insurance Corporation. Own this piece of history Collect this article as an NFTNew York State’s Department of Financial Services is reportedly investigating cryptocurrency exchange Gemini over claims the firm made in regards to assets under its Earn lending…

Renowned stock picker believes Bitcoin will eclipse gold’s $10T market cap
It seems $600,000 a coin is the minimum target for analysts over at Ark Invest, who believe Bitcoin will match and then surpass the market capitalization of gold. 3895 Total views 17 Total shares Ark Invest believes Bitcoin’s (BTC) market capitalization will one day “comfortably eclipse” that of gold, and exceed $10 trillion, reports the…

3 reasons why Ethereum price can still retest $3K this month
Ethereum’s native token, Ether (ETH), could reach back to $3,000 in March, backed by a mix of short-term technical, fundamental and on-chain catalysts.ETH’s price paints “symmetrical triangle”The first interim bullish outlook for Ether ironically comes from a bearish continuation pattern.Notably, ETH’s 50%-plus decline from its all-time high of around $4,650 on Dec. 2, 2021, followed…

UK finance regulator FCA a ‘deterrent’ to crypto industry, says CryptoUK
UK regulators have approved only four out of 35 crypto business registrations in the last 12 months, deterring others from engaging with the process.