Is Bitcoin’s Uptober beginning, or will today’s BTC rally end with more of the same?
Bitcoin rallied to $66,300 on Oct. 14, but definitive proof of a structural trend change remains in question.
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Billionaire Demands Facebook Reveal Who Placed Scam Bitcoin Ads About Him
Janet Jackson’s billionaire ex husband, Wissam Al Mana, has demanded that Facebook reveal who was behind ads on the platform that used his image to promote a crypto scam. The case stems from late February when Al Mana filed a lawsuit against the social media giant about a cryptocurrency scam using his name to promote itself…
Blockchain Association calls White House’s crypto framework a ‘missed opportunity’
Critics claimed the Biden administration's reports focused on environmental concerns over crypto's energy consumption and illicit uses rather than the technology's benefits. 276 Total views 17 Total shares Members of the crypto space and advocacy groups reacted to United States President Joe Biden’s administration releasing a regulatory framework on digital assets, with many suggesting the…
MAS doesn’t trust retail crypto investments, mulling more regulations
Regulators in Singapore say cryptocurrencies are problematic due to high market volatility and warn against retail investments in cryptocurrencies. 303 Total views 4 Total shares The managing director of the Monetary Authority of Singapore (MAS), Ravi Menon, addressed the agency’s mixed signals on crypto in the public sphere at a seminar on Aug. 29.The public…
Law Decoded: Crypto taxes and taxes on crypto, March 21–28.
Some jurisdictions are introducing digital assets as tax payment options while others levy hefty taxes on crypto gains. 248 Total views 15 Total shares It was relatively quiet in the digital asset policy department last week, as regulators and lawmakers in most key jurisdictions retreated to their offices to do the necessary homework. In the…
Ethereum L2 Eclipse CEO steps back amid sexual misconduct claims
Eclipse founder and CEO Neel Somani said he would “work to clear my name and defend myself” and will move away from a public-facing role at the firm.
Tencent receives patent for blockchain-based missing persons poster
The simple patent idea took three years to be granted regulatory clearance. 87 Total views 3 Total shares According to local news outlet 36kr.com, Chinese technology conglomerate Tencent recently received a novel patent for a blockchain-based missing persons poster. The patent took nearly three years to be awarded from the date of its first submission…
Ankr exploit victims group alleges the company only reimbursed them 50%
The group claims they are being discriminated against because they are liquidity providers for rival coins. 138 Total views 3 Total shares Own this piece of history Collect this article as an NFTA group calling itself “Victims of Ankr Exploit” have claimed that its members lost over 13,000 BNB liquid staking coins (over $4 million…
The Fed cites worries about stablecoin in its latest Financial Stability Report
The report points out stablecoin’s possible low stress resistance and overuse in leveraged cyptocurrency trading, reiterates its position on CBDC. 189 Total views 3 Total shares The United States Federal Reserve Board released its semiannual Financial Stability Report on Monday. The report points to volatility on commodities markets brought on by the Russian invasion of…