Ether set for $3.2K breakout, Coinbase exec urges SEC reform: Finance Redefined
Trump’s presidential victory inspired a new wave of optimism, including predictions for an imminent Ether rally to $3,200 and hopes for a reform of the US SEC.
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Stablecoin issuers hold more US debt than Berkshire Hathaway: Report
Tether, Circle and other stablecoin firms held $80 billion worth of short-term U.S. government debt as of May 2022, more than owned by Warren Buffett’s Berkshire Hathaway. 220 Total views 7 Total shares Stablecoin issuers like Tether (USDT) and Circle have accumulated a significant share in the United States Treasury market, outperforming major traditional finance…
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Thai regulator cracks down on deceptive crypto ads
Regulators from key crypto markets, including the United Kingdom and Spain, have also taken similar measures against misleading crypto advertisements to minimize losses from crypto investments.
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Grin Devs Respond: Mimblewimble Privacy Isn’t ‘Fundamentally Flawed’
The developers of privacy-centric cryptocurrency Grin (GRIN) have hit back at the fundamental claims of an article purporting to have “broken” the coin’s privacy model.In a Medium blog post published on Nov. 19, Grin core dev Daniel Lehnberg argued that the so-called breakage did not go beyond the already-acknowledged privacy limitations of the coin’s protocol…
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Jack Ma surrenders control of fintech giant Ant Group
After founding Ant Group in 2014, Chinese billionaire Jack Ma is now ceding control of the company as part of Ant’s corporate structure changes. 756 Total views 1 Total shares Own this piece of history Collect this article as an NFTChinese billionaire and Alibaba founder, Jack Ma, will no longer control the fintech giant Ant…
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Russia will inevitably legalize crypto payments says trade minister
“The question is when this will happen, how it will happen and how it will be regulated. Now both the Central Bank and the government are actively engaged in this,” said trade minister Denis Manturov. 434 Total views 15 Total shares Russia will legalize crypto payments “sooner or later” according to the Ministry of Industry…
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New Amazon series explores NFT culture: Nifty Newsletter, Dec. 14–20
NFTs and soulbound tokens define Web3 filmmaking, says directorWith Web3 making its way to various industries like filmmaking, one movie director believes that tools like NFTs and soulbound tokens — digital identity tokens representing a person or entity — can serve cinema in various ways. In an interview with Cointelegraph, Stephen Fung, director of the…
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Brazil Eases WhatsApp Ban — But It’s Still Suspended
Despite Brazilian regulators lifting a suspension on WhatsApp’s payments, the country’s central bank is still blocking the launch. 482 Total views 5 Total shares The payments feature of the popular messaging platform WhatsApp remains suspended in Brazil, despite local regulators easing restrictions placed on its owner, Facebook.On June 24, Brazil’s Administrative Council for Economic Defense,…
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US law protects institutions and exposes retail investors — Rep. Torres
On July 13, 2023, United States District Court Judge Analisa Torres ruled that Ripple’s XRP (XRP) token should not be considered a security when sold on retail digital asset exchanges.Stuart Alderoty, chief legal officer at Ripple, told Cointelegraph that last week’s ruling makes it clear that the U.S. Securities and Exchange Commission’s (SEC) theory that…