Dogecoin futures open interest hits all-time high — Is it a top signal for DOGE?
The DOGE price top could be in, despite constant endorsements from Elon Musk and the general outperformance from most memecoins.
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Sotheby’s will allow people to trade their crypto for an ‘intrinsically worthless’ rock
Is the auction house betting that diamonds will become a crypto user's best friend? 1148 Total views 5 Total shares Luxury auction house Sotheby’s will accept bids in crypto for a massive diamond scheduled to be auctioned in Hong Kong next month.According to a Monday Reuters report, Sotheby’s will offer a 101.38-carat pear-shaped diamond for…
Research Suggests Transparency is Key for Utility-Based Crypto Projects
Crypto prices on the secondary market may depend on how much information is given to stakeholders says fintech researchers. 1105 Total views 25 Total shares Researchers suggest that utility token issuers should provide basic levels of transparency to the public before listing on exchanges. They say that doing so may increase stakeholder confidence and attract…
Largest South Korean Telecom Company Issues Blockchain-Based Local Currency in Busan
South Korea’s biggest telecom company, KT, just announced the launch of a local blockchain-based currency for one of the country’s largest cities, which will reportedly go live on Dec. 30. Local news outlet dongA reported on Dec. 19:“Dongbaekjeon is a blockchain-based card-type local currency issued by Busan City to revitalize Busan's local economy and ease the…
UK stablecoin regulation begins to take shape in multiple FCA, BOE documents
It’s not expected to come into force until 2025, but new publications from the FCA and BOE shed light on regulators’ thinking. 129 Total views 1 Total shares A suite of documents was published in the United Kingdom on Nov. 6 that concern stablecoin regulation. The Financial Conduct Authority (FCA) released a discussion paper, as
Bitcoin price taps week-to-date high near $58.5K amid US jobs data miss
Bitcoin buyers step in as US jobless claims fall short of estimates, with Binance buy orders helping fuel a BTC price trip to week-to-date highs.
FATF agrees on roadmap for implementation of crypto standards
Part of the FATF's ‘Travel Rule’ includes recommendations that financial institutions obtain information on the originators and beneficiaries of certain crypto transactions. 200 Total views 6 Total shares Own this piece of history Collect this article as an NFTThe Financial Action Task Force, or FATF, reported its delegates had come to an agreement on an…
Not Like Before: Digital Currencies Debut Amid COVID-19
Famed currency speculator George Soros, who in 1992 broke the Bank of England to emerge a billionaire overnight by forcing the pound out of the European Exchange Rate Mechanism, believes:“We will not go back to where we were when the pandemic started. That is pretty certain. But that is the only thing that is certain.…
Unstoppable Domain’s co-founder had this to say about Facebook and the future of free speech
Can you imagine a world with 40 Facebooks competing for you? 1221 Total views 14 Total shares Unstoppable Domains co-founder Bradley Kam believes that neither the anti-encryption bills nor the technology giants present a real threat to the future of the Internet. In his opinion, both, the governments and the giant platforms are helping to…