FTX says Backpack acquisition of EU arm has not been approved by court
FTX says that Backpack has not been authorized to return funds to creditors despite the Solana exchange saying it would take over creditor repayments from FTX.
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Stealth rulemaking: Is proposed SEC rule with no mention of crypto a threat to DeFi?
On Jan. 26, the United States Securities and Exchange Commission proposed amendments to Rule 3b-16 under the Exchange Act that lacks any mention of digital assets or decentralized finance, which could adversely affect platforms that facilitate crypto transactions. Some cryptocurrency advocates — including SEC Commissioner Hester Peirce — believe that the commission’s extended definition of…
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Bitcoin Goes Beyond $10K, US Stock Markets Drop Amid Trade War Fears
Friday, Aug. 2 — Bitcoin (BTC) consolidated at around $10,500, while the top 20 coins by market cap are seeing mixed signals.13 out of 20 top cryptos by market cap are seeing green at press time, with Texos (XTZ) recording the biggest gains in the list, up more than 6%, according to CoinMarketCap. On the…
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Crypto hits the main stage at Web Summit in front of record crowds
Portugal’s capital city of Lisbon has established itself as the spiritual home of one of the world’s largest technology events. Web Summit has called the Altice Arena home since 2016 and attracted a staggering 71,000 people in the latest edition of the conference.The effect of the event on the city was palpable. An estimated 540,000…
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Blockchain Set to Change the Face of Commercial Real Estate As We Know It
The real estate industry has seen significant growth since the recession. With market prices predicted to increase along with millennial demand in 2019, the industry is as welcoming as ever. Although the market is improving, it is still plagued by issues that make the investment process less convenient than it should be.Major drawbacks of the…
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Long the Bitcoin bottom, or watch and wait? Bitcoin traders plan their next move
Bitcoin (BTC) faced a 9% correction in the early hours of Sept. 19 as the price traded down to $18,270. Even though the price quickly bounced back above $19,000, this level was the lowest price seen in three months. However, pro traders held their ground and were not inclined to take the loss, as measured…
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Bitcoin advocate dishes out sats over Lightning Network to raise BTC awareness
A Twitter user from the United Kingdom spent hours sending micropayments to strangers on the internet to demonstrate the Bitcoin Lightning Network. Own this piece of crypto history Collect this article as NFTA Bitcoin (BTC) advocate on Twitter known by the name of ShireHodl, or simply Shire, sent over 110 micropayments to first-time Bitcoin Lightning users in response…
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Fed’s ‘sugar high’ may propel Bitcoin surge — Arthur Hayes
Arthur Hayes connects Federal Reserve actions to a short-lived economic boost with ripple effects on Bitcoin and broader crypto markets, underscoring risks from Japanese yen carry trade unwinding.
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NFTs and social capital: How projects are collaborating to the mutual benefit of the entire sector
On Dec. 2, 2021, Bored Ape Yacht Club (BAYC) amassed the attention of culture driven athletic brand, Adidas and cemented their partnership raising both its notoriety and value. RTFKT studios was acquired by Nike and has also garnered the community’s attention by airdropping the first Nike NFT, MNLTH. The MNLTH airdrop lives up to its name…