House votes to nullify SEC’s anti-crypto banking guidance SAB 121
The House of Representatives has voted to overturn controversial SEC guidance that has virtually blocked banks from custodying crypto assets.
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UK Finance Minister Says Regulators Should Decide on Libra, Not Lawmakers
The United Kingdom Finance Minister Philip Hammond said that regulators and not lawmakers should decide on how to regulate Facebook’s stablecoin Libra, CNBC reported on July 15.In an interview with CNBC’s “Squawk Box,” Hammond said that lawmakers should not decide to require the social media giant Facebook to acquire a bank license as it is…

Nansen partners with Aptos for dashboard after Aptos users double in six months
Aptos is among the firms aiming to ease Web3 onboarding, along with industry giants like Coinbase and MetaMask.

April sees $25M in exploits and scams, marking historical low ― Certik
Losses from hacks and scams reached their lowest level since 2022 when Certik first started recording the data, as flash loan attacks and private key hacks decreased.

Bitcoin at banks: Raiffeisenlandesbank to offer crypto investment services
All RLB NÖ-Wien clients will be able to invest in a broad number of cryptocurrencies with a budget of as little as one euro. 1009 Total views 26 Total shares Own this piece of history Collect this article as an NFTRaiffeisenlandesbank Niederösterreich-Wien (RLB NÖ-Wien), an Austrian cooperative banking company founded in 1900, is preparing to launch…

dApp Store kit adopts new tech stack to power Web3 gaming development
Ready Games’ software development kit is touted to help improve Web3 gaming accessibility and user experience. 485 Total views 15 Total shares dApp Store Kit, which was initially incubated by Polygon Labs, will integrate Ready Games’ mobile game development toolkit to help developers roll out Web3 games. dApp Store Kit’s toolkit for deploying EVM-compatible DApp…

Ethereum’s high gas fee crisis won’t be solved by EIP-1559: Coin Metrics report
Consistently full blocks are the primary reason that gas prices have reached all-time highs. 2222 Total views 27 Total shares A report by analytics provider Coin Metrics has delved into the world of Ethererum transaction fees noting that they’re still at highest-ever levels and even a much touted approaching network upgrade is unlikely to alleviate…

Metaverse housing bubble bursting? Virtual land prices crash 85% amid waning interest
The metaverse sector is witnessing its very-own housing crisis moment, thanks to massive declines in the prices of its virtual lands in 2022, led by waning users' interest and a crypto bear market.Land sales plunge 85% in 2022In particular, metaverse projects built on the Ethereum blockchain, including the Sandbox and Decentraland, have witnessed substantial declines…

Bitcoin Price Near to Critical Support at $7,120; Must Hold to Avoid a New Bear Market
This week isn't looking good for Bitcoin (BTC) as the price continues to decline after reaching a high of $8,540 on Oct. 1 down to $7,870 on Oct. 6. This continued decline was anticipated in last week's analysis, with fingers pointing to China's week-long Golden Week as a possible catalyst for the reduced trading volume. However with…