Here’s what happened in crypto today
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.
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Altcoin Roundup: 3 blockchain protocols taking the supply chain crisis head-on
The world of blockchain technology has undergone a significant transformation over the past decade as the concept evolved from offering a simple means of exchange between two parties to a sprawling ecosystem full of protocols with real-world applications ranging from decentralized finance to one-of-a-kind digital art. One sector of the market that has been gaining traction…
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Cayman Islands introduce regulations for virtual asset service providers
The notorious tax haven appears to be cleaning up its act on AML and counter terrorist financing ahead of an FATF review. 1001 Total views 18 Total shares The Ministry of Financial Services of the Cayman Islands Government announced that it has commenced a regulatory framework for virtual asset service providers, or VASPs.In an Oct.…
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New York Assemblyman Says Blockchain Industry Needs Better Lobbying, Education
New York State Assemblyman Clyde Vanel said that the blockchain industry needs to be better at lobbying for itself and educating regulators. Vanel delivered his comments at a panel of ConsenSys’ Ethereal Summit on May 10.Vanel said that crypto- and blockchain-based business need to better advertise their accomplishments and value to the public. He noted…
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Canada’s first public Bitcoin fund hits $100M mark
Shares of Canada’s first publicly listed Bitcoin fund are up 30% since its launch in April. 2474 Total views 19 Total shares Canadian digital asset manager 3iQ has recorded a major milestone fo its public Bitcoin (BTC) fund.The Bitcoin Fund — Canada’s first Bitcoin fund listed on a major stock exchange — has crossed the…
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Investment Firm Denies Involvement In Bitmain IPO Following Erroneous Media Reports
Singapore-based investment company Temasek has officially denied involvement in the cryptocurrency mining giant Bitmain’s Initial Public Offering (IPO), according to an official statement August 30.Last month, media reported that Temasek was one of the key investors in the Bitmain pre-IPO funding round. The investment firm’s commitments for the pre-IPO allegedly totalled $560 million. In response…
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Speak Out: Predicting Bitcoin’s Price
1 HOUR AGO Share your predictions in comments and win our branded hoodie! Share your predictions in comments and win our branded hoodie! Reply Last week, Bitcoin skyrocketed to $5,000 within just a few hours, breaking the three-month stagnation. But have we already entered the bull market? What should we expect next month? Today, we…
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Bitcoin range trades as volatility subsides, will TON, LINK, MKR and XTZ follow?
Bitcoin (BTC) tried to break out of its range last week, but the bulls could not sustain the higher levels. Bitcoin is back inside the range and is trading near the $26,000 level. The price action of the past few days has formed two successive Doji candlestick patterns on the weekly chart, indicating uncertainty about
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Bitcoin DeFi Looms Closer as RSK Launches Ethereum Bridge
The RSK project announced the creation of Token Bridge, an interoperability protocol between the Bitcoin-pegged sidechain and Ethereum, on Feb. 6. It could have important implications for the burgeoning decentralized finance (DeFi) ecosystem.RSK is a smart contract platform attached as a sidechain to the Bitcoin (BTC) blockchain. It uses a wrapped version of Bitcoin called…