Nigeria frees Binance exec, Ripple appeals SEC XRP ruling: Law Decoded
The Nigerian government has dropped charges against a Binance exec, Ripple has filed an appeal, FTX settled with Bybit, and Denmark moves to tax unrealized crypto gains.
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Despite regulatory clarity, Hong Kong crypto ETFs experience lukewarm demand
The daily trading volume of all Hong Kong crypto exchange-traded funds averaged about $1.19 million between December and early February.
$2B in crypto stolen from cross-chain bridges this year: Chainalysis
The $190 million Nomad Bridge exploit is just the latest out of 13 separate bridge attacks in 2022 so far. 184 Total views 4 Total shares Cross-chain bridge hacks have accounted for 69% of the total crypto stolen in 2022, amounting to $2 billion in losses, according to a new report. The report comes from blockchain…
UN launches international effort to tackle AI governance challenges
The list of participants includes tech industry leaders, government representatives from Spain to Saudi Arabia, and scholars from the U.S., Russia and Japan. 117 Total views 1 Total shares United Nations Secretary-General António Guterres revealed the establishment of a 39-member advisory committee aimed at tackling matters related to the global regulation of artificial intelligence (AI) on
Bitcoin Price Criss-Crosses $9K as Peter Schiff Warns of ‘Collapse’
The battle to secure $9,000 as support grinds on as an ever-critical Schiff claims that the “collapse” of Bitcoin is not far away. Bitcoin (BTC) rose to take $9,000 yet again on May 6 as the mission to create new support levels continued.Cryptocurrency market daily overview. Source: Coin360Analyst: BTC “doing well” even with $6K dipData…
Counterfeit NFTs result in marketplace shutdown: Experts weigh in
The NFT Platform famous for minting Jack Dorsey’s first tweet has halted NFT operations amidst counterfeiting and illicit activity calls. 289 Total views 39 Total shares “Rampant” issues relating to minting counterfeit nonfungible tokens, or NFTs, have forced popular platform Cent to halt some operations.Founded in 2017, Cent kicked off as a “social network and…
Ball’s in Their Court: Crypto Custodians Waiting on Regulators to Act
The business of cryptocurrency custody is getting more competitive and lucrative by the day. The most recent announcement has come from Switzerland, where local family-owned bank Maerki Baumann announced on May 29 that it had expanded its cryptocurrency services through the introduction of crypto custody and trading. The private bank first announced its crypto initiatives…
Possible Bitcoin treasury adoption as more companies cite inflation concerns
Bitcoin is likely a topic of conversation among the treasury department of many U.S. companies amid rising inflation. 3008 Total views 18 Total shares No fewer than 47 companies have cited the term “inflation” in their earnings calls for Q1 2021.According to a report by financial market data provider FactSet on Monday, the figure represents…
3 key reasons why Polkastarter (POLS) price rallied 500% since December
Polkastarter (POLS) is a cross-chain token pool and auction protocol built on the Polkadot (DOT) blockchain. It launched in October of 2020 as a way for projects to raise capital in a decentralized environment and since January the token has rallied 500% to a new high at $1.78.Three possible reasons for the recent growth of…