How brands can transform loyalty programs with Web3: Polygon Labs
Polygon researchers argued that brands could use Web3 data to create more targeted products, services and marketing campaigns.
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Japanese Financial Watchdog Launches Investigation Following $60 Million Exchange Hack
The Financial Services Agency (FSA) of Japan has launched an investigation after $60 million worth of cryptocurrencies were allegedly stolen from local crypto exchange Zaif, Cointelegraph Japan reports Friday, September 21.According to the report, the FSA has sent its staff to Tech Bureau — Zaif's parent company based in Osaka — to verify whether the…

Japan Crypto Exchanges Face Imminent Margin Trading Limits: Report
Bitcoin (BTC) and cryptocurrency exchanges in Japan will face significant restrictions on margin trading as soon as this Spring, according to reports.Referencing sources at Japan’s finance regulator, the Financial Services Agency (FSA), local English-language news outlet Japan Times revealed plans to limit margin leverage to twice the total of traders’ deposits.FSA seeks to counter crypto…

U.S. Presidential candidate served for alleged securities fraud at rally in NYC
This campaign rally probably did not turn out quite as the candidate had envisioned it. Presidential candidate Brock Pierce was served for his connection to alleged securities fraud during his campaign rally in New York City earlier today. Source: Twitter.James Koutoulas, the lawyer leading this case, told Cointelegraph that Pierce was served legal documents in connection…

YFI, AAVE, COMP plunge 10% — 3 reasons DeFi is seeing a huge correction
Major decentralized finance (DeFi) tokens Yearn.finance (YFI), AAVE and Compound (COMP) plunged steeply in the last 24 hours. The three DeFi tokens, which are valued well over $500 million, declined by over 10% on the day.Yearn.finance, AAVE, COMP 15-minute chart (Binance). Source: TradingView.comThree reasons why DeFi-related cryptocurrencies pulled back particularly hard are low volume, the declining…

Bitcoin fees remain low despite price surge but Vitalik says they could soar
Bitcoin transaction fees are less than 10% of their 2017 highs, but Vitalik Buterin believes it’s only a matter of time before they soar back up. 2194 Total views 18 Total shares Despite Bitcoin’s surge to re-test its 2017 highs, a combination of low on-chain transactions and diminished retail speculation has seen transaction fees remain…

Digital Currency Group sells $700M of shares for investors to take profits
Digital Currency Group CEO and founder Barry Silbert didn’t sell any stock in the latest round. 657 Total views 4 Total shares Digital Currency Group (DCG), one of the largest companies in the cryptocurrency industry, has completed a major secondary investment round led by Japanese financial giant SoftBank.DCG has sold $700 million worth of shares…

Topps baseball card maker and MLB will issue official NFTs
A set of Topps Series 1 Baseball nonfungible token collectibles will be issued by the major card maker in partnership with Major League Baseball and MLB Players Inc. 3360 Total views 22 Total shares A set of nonfungible tokens will be issued by the United States’ leading trading card maker Topps in partnership with Major League…

Bitcoin price retests key $22.8K as metric points to ‘BTC buying spree’
Bitcoin (BTC) returned to base on Aug. 4 as higher levels gave way to a battle for the 200-week moving average (MA).BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBattle for classic Bitcoin price trendline rages Data from Cointelegraph Markets Pro and TradingView showed BTC/USD falling to repeatedly test the key bear market trendline as support.The day’s Wall…