Nansen ‘Beyond DeFi’ report highlights $3.2B market for AI services

The Philippine government is yet to determine whether Axie’s in-game NFTs should be classified as securities or currency. 537 Total views 221 Total shares Amid the enormous success of crypto-powered game Axie Infinity in the Philippines, the local Department of Finance has made clear that it wants a cut of profits generated by playing Axie…

Bitcoin (BTC) is both the first and the most prominent cryptocurrency in the world when it comes to market capitalization as well as trading volume. These factors are quite significant, considering that all cryptocurrencies trade against Bitcoin and Bitcoin’s dominance can actually serve as a valuable indicator when trading all different types of cryptocurrencies.This post…

Huobi Group is setting up a trust company in Nevada after closing down the U.S. subsidiary in 2019 302 Total views 2 Total shares Huobi Group, the company behind major global crypto exchange Huobi, is apparently planning to return to the United States with a new license secured from local regulators.After ceasing operations in the…

In hindsight, February can be viewed as a watershed moment in the history of Bitcoin. The entire month could be looked back upon by market specialists and economists, as the markets saw an enormous surge before correcting themselves later in the month.The flagship cryptocurrency asset, Bitcoin (BTC), hit its all-time high of $58,352 on Feb.…

Cryptocurrency lending and borrowing platform Celsius Network has topped 50,000 Bitcoin in deposits — worth over $380,000,000 — since its launch back in August 2018. 863 Total views 23 Total shares Cryptocurrency lending and borrowing platform Celsius Network has topped 50,000 Bitcoin (BTC) in deposits — worth over $380,000,000 — since its launch back in…

Venture capital firm Grayscale Investments banked a stellar 2019 to surpass the $1 billion mark in total investments. By the numbersIn a comprehensive eighteen-page report, the firm touted a record Q4 in 2019. It raised $225.5 million into its investment products, lifting the year’s inflow to $607.7 million after back-to-back quarterlies over $225 million, possibly signaling…

Cryptocurrencies — and Tether (USDT) in particular — could be playing a key role in recent capital flight from China, according to a new report from blockchain analytics firm Chainalysis.The report states that over 44% of crypto transactions in East Asia are conducted with counter-parties within the region, making it “the closest we have to…

Users who filed a class action lawsuit against U.S. cryptocurrency exchange and wallet provider Coinbase will now go to court Jan. 31, 2019, new court documents filed Nov. 20 confirm.The lawsuit, which Jeffery Berk filed earlier this year to address alleged insider trading of Bitcoin Cash (BCH) among Coinbase officials in 2017, failed to make…

The Hong Kong Legislative Council is actively seeking feedback on several critical aspects of Web3 policy development, including balancing technical, legal, and regulatory frameworks.