Kamala Harris supporting crypto could impact vote in key states — think tank
The race between presumptive Democratic nominee Kamala Harris and Donald Trump is expected to be close in November — could crypto make a difference?
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Bitcoin derivatives data suggests bears will pin BTC below $21K leading in Friday’s options expiry
Most Bitcoin (BTC) traders would rather see a sharp price correction and a subsequent recovery than agonize for multiple months below $24,000. However, BTC has been doing the opposite since June 14 and its most recent struggle is the asset’s failure to break above the $22,000 resistance. For this reason, most traders are holding back…
Algorand decentralized lending protocol Algofi to shut down by end of year
Developers say building the borrowing and lending protocol is "no longer a viable path" for Algorand. Algofi, the borrowing and lending protocol built on decentralized finance blockchain Algorand, will soon shut down.According to a July 11 announcement, developers' "belief in the strength of Algorand's technology and novel consensus algorithm has not wavered," however, the Algofi…
55% of the world’s top 100 banks reportedly have crypto and blockchain exposure
Over half of the 100 largest banks by assets under management are reportedly investors in major crypto and blockchain technology-based companies and projects. 706 Total views 4 Total shares Global banking giants are reportedly increasing their involvement in the emerging crypto and blockchain firms by way of early- and late-stage funding for projects and businesses…
Web3 projects focus on education to bring Latin American women to the sector
Interest in Web3 continues to grow despite the crypto bear market. A recent article from McKinsey noted that venture capital investments in Web3 exceeded $18 billion during the first half of 2022. Findings from Cointelegraph Research also show that Web3 attracted the most interest from venture capitalists in comparison to other blockchain sectors during Q2…
UK government targets fraudsters with new ban on cold calls for crypto
The U.K. government plans to introduce laws to reimburse victims of authorized crypto fraud and work with Ofcom to prevent phone number "spoofing." Own this piece of history Collect this article as an NFTThe United Kingdom is set to ban cold calls that sell financial products, including insurance and cryptocurrencies, in an attempt to crack down…
The nightmare continues for Sam Bankman-Fried and FTX — Law Decoded, Nov. 14-21
As much as we all would want last week to be about something else, it was still all about FTX. The Supreme Court of the Bahamas has approved two provisional liquidators from PricewaterhouseCoopers to oversee the assets of the crypto exchange, which is headquartered in the country. Several days later, The Securities Commission of the…
Institutions help drive rally as Bitcoin ETP volumes surge 50%
Bitcoin and crypto ETPs have surged in market cap and volumes as institutions buy up BTC. 348 Total views 3 Total shares Recent research has revealed that institutional grade exchange traded products surged in volume this month.A report by CryptoCompare delves into some metrics behind Bitcoin’s epic bull run to a new 2020 high of…
Coinbase establishes advisory council with former US lawmakers
Former Senator Patrick Toomey, former Representative Tim Ryan, former Representative Sean Patrick Maloney, and others will advise Coinbase on crypto policies. 212 Total views 5 Total shares Following some of its leadership team visiting the United Arab Emirates, crypto exchange Coinbase has announced the formation of an advisory council staffed with many former United States…