Ethereum rally to $3,700? Unlikely, say two derivatives metrics

International securities regulator International Organization of Securities Commission (IOSCO) suggested that some stablecoin implementations are securities.In a statement released on Nov. 4, IOSCO informed the public that on Oct. 30 its board met to — among other purposes — discuss stablecoins and the potential application of securities market regulations. IOSCO’s stablecoin market researchThe regulator notes that…

Second Life creator Philip Rosedale returns to the fold, Disney's patent for a "virtual-world simulator in a real-world venue” suggests an entry to the Metaverse, and Animal Concerts partners with South Korea-based Kakao’s Klaytn project. 269 Total views 12 Total shares Following the announcement that Facebook’s parent company would be rebranding in a shift towards…

[Editor’s note: The article has been corrected to state that the funds in questions were not ‘lost’ but inflated by an incorrect price feed] The Ethereum-based synthetic asset issuance platform Synthetix has reportedly misplaced over 37 million synthetic ETH (sETH) in an oracle attack, according to a report by The Block on June 24.However, Garth Travers…

Monero’s version of LocalBitcoins is closing after 7 years of operations serving the XMR community.

Bitcoin (BTC) futures options from CME Group saw volumes in excess of $2.3 million on the product’s first day of public trading, the company has confirmed. Data from CME’s official website confirmed the successful rollout on Jan. 13, which began as scheduled and ultimately saw 55 contracts change hands. Investors lap up BTC options productsEach contract corresponds…

The CNMV's head reiterated that networks are responsible for taking measures against investment promotions by unlicensed entities. 142 Total views 13 Total shares The National Stock Market Commission (CNMV), Spain’s principal financial regulator, called out the fraudulent crypto assets promos on X (formerly Twitter) and reiterated the obligation of companies to comply with local laws. On

Bitcoin (BTC) rose more than 11% last week and is trading near the pivotal resistance at $25,000. Monitoring resource Material Indicators highlighted in its latest update that large volume traders were “thinning” overhead resistance, which could spark a rally. As the prices rise, retail traders may get sucked in and the whales could use this…