Diamond hands Ethereum holder makes $131.7M in 2 years

Following a successful rollout in Shenzhen last year, China’s blockchain invoicing system is being introduced to the capital.On March 2, the Beijing Municipal Office of the State Administration of Taxation announced its decision to launch a city pilot for the blockchain-based system, with immediate activation for taxpayers in selected industries.The platform is a tool for…

Decentralized finance (DeFi) markets may have cooled down over the past year, but the technology powering these applications continues to advance. In particular, smart contract platforms that enable transactions to take place across DeFi applications are maturing to meet enterprise requirements. While it’s notable that enterprises have previously shown interest in DeFi use cases, smart contract…

Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.

SmartPy and Cryptonomic are adding Chainlink price oracles to the Tezos network, filling a perceived gap in the ecosystem. 2619 Total views 69 Total shares Two leading Tezos (XTZ) teams, SmartPy and Cryptonomic, are making Chainlink (Link) oracles natively available on the Tezos network.The two teams received a grant from the Tezos Foundation to integrate…

Nexus Mutual is now allowing users to cover their centralized exchange accounts. 3403 Total views 10 Total shares DeFi coverage protocol Nexus Mutual expanded the list of centralized exchanges eligible for incident protection. Users trading on Binance, Kraken, Coinbase and Gemini are now able to buy protection in the event of an exchange hack or…

As a market crash takes place, assets become oversold and typically there’s an “oversold bounce,” “return to mean,” “mean reversion,” or some price snapback to the bottom of the pre-crash range. Afterward, the asset under study either consolidates, continues the downtrend, or returns to the bullish uptrend if the downside catalyst was not significant enough to…

Ugandan legislators are exploring the role of cryptocurrencies in connection with pyramid scheme frauds that are often found in the country, local newspaper PML Daily reported on Feb. 4.While legislators are moving forward with a proposal to criminalize Ponzi schemes, cryptocurrencies may come under fire as well.Speaking at the parliament, the State Minister of Finance…

The new CFTC proposal enhances rules for futures commission merchants and derivative clearing organizations, mandating high liquidity in customer fund investments. 236 Total views 3 Total shares The United States Commodity Futures Trading Commission (CFTC) has turned its attention to how companies handle customer assets.The recent CFTC proposal seeks to enhance the rules for futures

After nearly a decade of progress since Bitcoin's inception, regulators could be gearing up for further action, given the industry's recent growth. 2646 Total views 12 Total shares Regulators may see crypto's recent growth as a problem, according to Messari CEO and founder Ryan Selkis. “I’ve never been more bullish on crypto but I think everyone…