Galaxy Digital uses historic violin NFT to secure loan

Cryptocurrency tracking resource CryptoCompare's recent study has shown that 85 percent of crypto assets allow development teams to alter their platforms. The report was published Wednesday, Oct. 17, on CryptoCompare's website.To create the report, CryptoCompare reviewed hundreds of crypto and blockchain projects, with experts detecting a tendency towards centralization set by utility tokens that are…

The German Federal Ministry of Finance has expressed concerns about rising use of privacy tokens due to their association with criminal activities and difficulties in tracking them.Published on Oct. 19, the ministry’s “First Money Laundering and Terrorist Financing National Risk Assessment” for 2018-2019 provided analysis aimed at the identification of existing and future risks in…

After a strong 2,000% rally in early 2021, Fantom (FTM) price collapsed alongside multiple altcoins and even though the blockchain has an impressive capability, it has yet to find mass adoption due to the lack of a compelling use case. FTM price hit an all-time high at $3.46, only to collapse to its pre-bull market…

Federal prosecutors have argued against a claim made by the former OpenSea product manager that the term “insider trading” is “inflammatory.” 112 Total views 2 Total shares United States prosecutors have opposed a motion by a former employee of nonfungible token (NFT) marketplace OpenSea to remove “insider trading” references from his charges.Prosecutors said the phrase…

Chinese authorities have busted a group of scammers allegedly claiming to be “Huobi officials”. 680 Total views 21 Total shares Chinese authorities have dismantled a group of alleged scammers posing as Huobi exchange officials, who were operating an over-the-counter (OTC) website.As reported by local media outlet Jinse, on May 20 police arrested 12 suspects in…

Chile’s central bank governor, Mario Marcel, says central bank digital currencies (CBDC) can provide additional flexibility at a time of “unconventional monetary policies.” Marcel made the comments in a speech titled “High-level Policy Panel Discussion on Central Bank Digital Currencies" at the OECD Global Blockchain Policy Forum held in Paris on Sept. 12.Disruptive FinTech addressing “some gaps”…

The crypto economy continues to lure top talent from Wall Street. Matt Zhang becomes the latest industry veteran to jump ship. 2218 Total views 8 Total shares A Wall Street veteran with over 14 years of experience has launched a new venture fund dedicated to cryptocurrency and blockchain startups, offering further evidence that smart money…

Bitcoin (BTC) and most major altcoins continue to witness a bloodbath on Jan. 21 and the result of the most recent downturn has been a $200 billion reduction in market capitalization. A new report by Huobi Research, in collaboration with Blockchain Association Singapore, forecast Bitcoin to enter a bear market in 2022. The liquidity tightening measures undertaken…