Nvidia crypto sales case could see flood of ‘frivolous’ lawsuits — Advocate body
Crypto advocates The Digital Chamber has backed Nvidia in a Supreme Court fight with investors, saying the court’s decision could affect the entire crypto industry.
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EU MiCA stablecoin regulations come into effect: Law Decoded
Noncompliant stablecoin issuers could potentially exit the EU market entirely, with a shift toward euro-backed stablecoins as demand picks up in European markets.
‘Absolutely right’ to think of Bitcoin as the new gold — Mexico’s 3rd richest man
Ricardo Salinas Pliego doubles down on BTC yet again as gold and the U.S. dollar come in for serious criticism. 1657 Total views 31 Total shares Bitcoin (BTC) is definitively the "new gold" for the third richest man in Mexico, Ricardo Salinas Pliego.In a tweet on June 27, Ricardo Salinas Pliego confirmed claims that he recommends Bitcoin…
Top 5 Cryptocurrencies to Watch This Week: BTC, ETH, ATOM, NEO, CRO
This week the S&P 500 made news by notching a new intraday all-time high and recovering 100% of the losses caused by the coronavirus pandemic in mid-March. Despite this, there are signs U.S. stock markets could be overvalued. The Buffett indicator, an analysis tool which divides the Wilshire 5000 Index by the U.S. GDP, currently shows…
USDC depeg will hinder stablecoins’ growth, increase regulatory scrutiny — Moody’s
“Financial institutions may reconsider adopting stablecoins to settle agreements involving tokenized securities out of concern over the coins’ potential volatility,” Moody’s said. 578 Total views 11 Total shares Own this piece of history Collect this article as an NFTRecent turmoil in the traditional banking sector, culminating in USD Coin (USDC) losing its peg, could negatively…
FTX executive Wetjen calls CFTC application an opportunity for the agency to innovate
Former CFTC head Giancarlo said a “central bank mindset” is holding crypto back, and Wetjen saw the need for more entrepreneurialism in regulatory agencies. 186 Total views 3 Total shares Former Commodity Futures Trading Commission (CFTC) chairman Chris Giancarlo, known by some as Crypto Dad during his tenure from 2017 to 2019, spoke on the…
Yearn.Finance in Miami: Developer talks new vaults, products, and verticals
Two sweltering blocks from the gated entrance of Bitcoin Miami I managed to track down a core contributor for one of the most important projects in decentralized finance (DeFi). Flanked on all sides by clueless Bitcoiners, pseudonymous Yearn Finance vault security specialist "Doggy B" chatted with Cointelegraph about the future of the yield vault protocol…
Newly Discovered Ledger Wallet Vulnerability Could Be Disastrous if Not Fully Patched
Ledger has failed to fully fix a major vulnerability that allows for a “Bitcoin Fork” attack. A recent report contends that Ledger App has failed to fix a major vulnerability that allows for a “Bitcoin Fork” attack.Mo Nokhbeh claims Ledger’s wallet fails to properly isolate the apps responsible for authorizing the transactions of different assets.…
SBI Group reports investee getting CFTC approval for OTC derivatives trading in US
Under the U.S. Commodity Exchange Act and CFTC regulations, derivatives exchanges must have approval to operate as a Designated Contract Market or a Swap Execution Facility. 172 Total views 16 Total shares The United States subsidiary of electronic trading platform developer Clear Markets has reportedly received approval from the Commodity Futures Trading Commission, or CFTC,…