Justin Sun says removing 12K Bitcoin from USDD is just ‘DeFi 101’
USDD’s Bitcoin collateral was removed without a vote from its DAO, but Justin Sun insists it’s a normal event in DeFi.
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Bitcoin price is returning to $40K — But will shorts have their revenge?
An analyst promises an “interesting few days” as volatility firmly reenters the Bitcoin market and sentiment transforms. 2013 Total views 92 Total shares Bitcoin (BTC) returned to $40,000 on Wednesday as bulls and bears waged a tug-of-war for hard-won higher ground.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView“A lot can happen” from current BTC price levelsData…

VanEck files with SEC for ETF that tracks crypto companies’ performance
VanEck has filed with the SEC to launch the Digital Assets ETF related to the performance of top cryptocurrency companies. 3580 Total views 18 Total shares VanEck, a major American investment management firm, is making another attempt to launch a digital asset-related exchange-traded fund, or ETF.According to a Jan. 21 filing with the United States…

Smart contracts and the law: Tech developments challenge legal community
Smart contracts are an important element of the blockchain revolution, although they predate blockchain. According to most sources, it was Nick Szabo who coined the term “smart contract” in the 1990s. The mechanism of a vending machine has since been frequently given as an example of a basic smart contract based on if-then logic. The…

Anthony Hopkins sells out NFTs in minutes: Nifty Newsletter, Oct 12–18
In this week’s newsletter, read about how Animoca Brands co-founder Yat Siu believes that nonfungible token (NFT) games are only at the tip of the iceberg in terms of potential. Check out how an executive at Kraken highlighted that NFTs will be as disruptive as Bitcoin (BTC) and how a museum in Ukraine is preserving…

SEC moves to dismiss lawsuit against Ripple’s Brad Garlinghouse and Chris Larsen
The civil lawsuit against the Ripple executives had been ongoing since December 2020. 451 Total views 3 Total shares Lawyers representing the United States Securities and Exchange Commission announced they will seek to dismiss all claims against Ripple CEO Brad Garlinghouse and co-founder Chris Larsen.In an Oct. 19 filing in U.S. District Court for the

3 strategies investors might use to trade the upcoming Ethereum Merge
The Ethereum network’s long-awaited transition from proof-of-work to proof-of-stake is set to occur from Sept 15 to 16 and for the last year, traders and analysts have been discussing various outcomes for the upgrade and possible trading strategies. Let’s take a look at three options investors and traders have. Hodl ETH to earn the expected “hardfork”…

McAfee faces crypto-related fraud charges from NY court
Meanwhile, the anti-virus mogul is still imprisoned in Spain. 1956 Total views 6 Total shares Crypto advocate and internet security pioneer John McAfee faces a number of different criminal charges, based on a new statement from the United States Department of Justice, or DoJ. The department accused McAfee of “conspiracy to commit commodities and securities fraud,…

Zip eyes millennials with planned launch of crypto trading in the US next year
Aussie "buy now, pay later" fintech found that BNPL users are 67% more likely to trade crypto than non-users. 150 Total views 4 Total shares Australian "buy now, pay later" (BNPL) firm Zip, the smaller rival to Square’s recently-acquired Afterpay, is hitching its future growth prospects to the cryptocurrency industry.Zip USA CEO Brad Lindenberg told…