Former US solicitor general claims regulators want to ‘debank’ crypto
Several parties have filed amicus briefs with the appellate court in support of Custodia Bank receiving approval for a master account from the Federal Reserve.
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India’s largest crypto exchange launches NFT marketplace after 2,000% token surge
India's WazirX has launched an NFT marketplace for the exchange of digital assets. The launch comes after a strong month for the exchange's in-house WRX token. 2186 Total views 25 Total shares India’s largest cryptocurrency exchange, WazirX, has launched a nonfungible token marketplace for the exchange of digital art, assets, intellectual property and more, reports…
Following $120 Million Funding Round, Waves Token Price Jumps Over 30%
Global blockchain platform Waves has raised $120 million in a private funding round for its new project called Vostok, according to an official blog post published Dec. 19.The Vostok project is a “universal blockchain solution” that combines two basic components — its own private blockchain platform, and the Vostok system integrator, a tool for developing…
Reddit NFT trading volume hits all-time high as wallet holders near 3 million
Meanwhile, the minting volume of nonfungible tokens have been declining steadily. 95 Total views 2 Total shares According to data provided by Polygon and Dune Analytics, the trading volume of Reddit nonfungible token (NFT) avatar collection has eclipsed $1.5 million in the past 24 hours. The increase represents over one-third of the collection's cumulative trading…
Bitcoin holds $34K as Bloomberg likens $30K support to $4K in 2020 BTC price crash
Bitcoin (BTC) maintained $34,000 support on Wednesday as a rebound from six-month lows showed surprising resilience.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBitcoin bulls see 2020 similaritiesData from Cointelegraph Markets Pro and TradingView showed BTC/USD stabilizing on Wednesday after a day of unnerving volatility.At the time of writing, Bitcoin was approaching $34,500 on the back of…
Fidelity to beef up crypto unit by another 25% with 100 new hires
The Digital Assets division within Fidelity Investments will have around 500 total staff members by the first quarter of 2023, according to a spokesperson. 152 Total views 3 Total shares $4.5 trillion asset management firm Fidelity Investments is reportedly set to hire another 100 people to bolster the firm's growing digital assets division — a…
Tornado Cash ban could spell disaster for other privacy protocols — Manta co-founder
There are mounting concerns that recent United States government sanctions against Tornado Cash will become a “slippery slope” for Web3 privacy that could eventually make the entire space “meaningless.”Speaking to Cointelegraph, Shumo Chu, co-founder of privacy protocol Manta Network expressed worry that the strict sanctions against Tornado Cash could have a knock-on effect on every…
Growth at Any Cost: It’s Time for the Current VC Model to Change
Shocking as it may sound, the venture capital industry is built on the idea that it doesn’t really matter if most of the companies they fund lose money or go belly-up. Could this be because they often turn hot air into fabulous profits and cash out before the balloon bursts?Even when that is not the…
Brazil Stock Exchange wants to provide oracles for digital real
“We are looking at it and evaluating the best ways to interact and participate in this ecosystem,” a B3 exec said. 237 Total views 2 Total shares Brazil Stock Exchange (B3), one of the world’s few exchanges trading Bitcoin (BTC) exchange-traded funds (ETFs), is exploring ways to provide data inputs for the country’s central bank…