Is Bitcoin price bouncing at 57K? Here's why these levels are key

Yonni Assia believes that unprecedented retail investor interest will push regulators to be more proactive about crypto regulation. Crypto-friendly trading platform eToro is expecting regulators to ratchet up their oversight of the crypto industry, given the increasingly high levels of participation by retail traders and smaller investors. In comments for the Financial Times, the Israel-based…

Wrapped Bitcoin (WBTC), an Ethereum (ETH)-based token backed by Bitcoin (BTC), has launched today, Jan. 31, according to a press release on the network’s website. The currency is a joint initiative by blockchain security firm BitGo, Kyber Network liquidity protocol and others.BitGo announced the development of the coin backed 1:1 with Bitcoin in October 2018.…

INDX, the Tokenized Masternode Investment Fund, has calculated the top-10 proof-of-stake (PoS) blockchains based on the expected yield of their tokens. The company did this by quantifying the volatility, volume, liquidity, risk and integrity. The tokens appear in order, from one to 10, based on the expected yield, as predicted by INDX’s proprietary algorithm. Related: Crypto…

Digital currency solutions that directly face consumers will not be taken seriously by central banks, according to a Visa executive. 967 Total views 25 Total shares Consumer-facing digital currency solutions will not be taken seriously by central banks, according to a Visa executive.Visa head of crypto Cuy Sheffield tweeted on May 18 that he does…

The pandemic-induced crisis is galvanizing new trends across all aspects of the global economy, including digital currencies. 1095 Total views 16 Total shares The COVID-19 pandemic has served both as an x-ray onto existing vulnerabilities in the global financial system, and as an accelerator for destabilizing tendencies, including higher sovereign and consumer debt in emerging…

The financial and advertising regulators posted a seven-part checklist to ensure these social media stars stay within the bounds of the law. 1511 Total views 24 Total shares Own this piece of history Collect this article as an NFTThe financial and advertising regulators of the United Kingdom have teamed up to send a warning to…

The firm warned that If an Apple user has enabled automatic iCloud backups of their MetaMask wallet data, their seed phrase is being stored online. 236 Total views 7 Total shares ConsenSys-owned crypto wallet provider MetaMask has sent out a warning to the community regarding Apple iCloud phishing attacks. The security issue for iPhone, Mac,…

Animoca Brands buys streaming platform for blockchain games Hong Kong Web3 gaming giant Animoca Brands (The Sandbox, Revv, Phantom Galaxies), has acquired blockchain-powered streaming platform Azarus for an undisclosed sum. Built around the slogan “streams are not TV,” Azarus allows users to livestream their gameplay while using tokens for incentives and rewards. Animoca Brands says

Just don’t use work resources for personal gain. 1398 Total views 17 Total shares A former government contractor in Australia who mined crypto using state-owned supercomputers has avoided jail time. According to The Sydney Morning Herald, Jonathan Khoo was ordered to complete 300 hours of community service for installing code on two supercomputers run by Australia’s…