Natural disasters wreck FinTech infrastructure, proving cash is still king
The lessons from recent hurricanes shouldn’t be ignored. It’s time to upgrade internet infrastructure and position people to achieve financial sophistication.
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Tether CEO’s MiCA concerns, Buterin to ‘Purge’ Ethereum inefficiencies: Finance Redefined
Concerns about Europe’s upcoming MiCA regulations and Vitalik Buterin’s plans to make Ethereum more efficient were the main focus of crypto investors this week.

NFTs record $8.8B sales volume in 2024 — CryptoSlam
December was the fifth-strongest month for NFTs in 2024, with sales volumes reaching $877 million.

US senators, FBI aren’t opposed to crypto privacy: Railgun contributor
Ethereum privacy protocol Railgun contributor Alan Scott Jr. says U.S. regulators and government agencies don’t get enough credit for genuinely “trying to understand” crypto.

State Farm Tests Blockchain Solution to Speed Up Auto Insurance Claims
U.S.-based insurance company State Farm is testing a blockchain-based solution to speed up the subrogation process for auto claims, according to an announcement published Dec. 10.State Farm is a large group of insurance and financial services firms that provides auto insurance in the U.S. The organization was ranked 38th on the 2018 Fortune 500 list…

To the moon: Huobi wants to send someone to space for its 8th birthday
Huobi will celebrate another year around the sun by sending a lucky user to space. 665 Total views 5 Total shares Huobi Group, a major global blockchain company behind the world’s third-largest cryptocurrency exchange by trading volume, is celebrating its eighth birthday in a somewhat unusual way.The company will hold a series of events as part…

Blockchain.com $110M funding round halves its 2022 valuation: Report
Despite new investment in the crypto exchange, Blockchain.com’s valuation has more than halved from its $14 billion peak. 129 Total views 1 Total shares Crypto exchange and wallet provider Blockchain.com closed a $110 million Series E financing round, an investment that more than halves its previous 2022 valuation of $14 billion.In a Nov. 14 blog

US lawmaker pushes for state-level regulations on stablecoins at hearing on digital assets
Patrick McHenry implied that for the U.S. to regulate stablecoins with a “single regulator at the federal level” would likely not be a success. 61 Total views 1 Total shares Whether regulations on stablecoins and digital assets should be addressed at the state or federal level was the topic of discussion among at least two…

Fundstrat Survey: 54% of Institutional Players Think Bitcoin Price Has Already ‘Bottomed’
Institutions appear to be more bullish on Bitcoin (BTC) than the members of the crypto community on Twitter, according to a recent survey by Fundstrat Global Advisors. Tom Lee, managing partner and head of research for the company, has revealed this in an interview with CNBC Oct. 4.Based on the results of a private survey…