Past rate cuts indicate potential crypto bull market catalyst — 21Shares
The US Federal Reserve is expected to begin lowering its benchmark interest rate in September.
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Roundup of crypto hacks, exploits and heists in 2020
Unlike in previous years, crypto news in 2020 has not been dominated by major exchange hacks and million dollar Bitcoin thefts. However, there have still been quite a few and most of them have originated from the nascent decentralized finance sector.DeFi has been one of the main drivers of crypto market momentum in 2020 and…
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Ripple, NEM & Two Others Launch ‘Blockchain for Europe’ Association
Four major blockchain companies have formed a “Blockchain for Europe” Association, according to a press release Dec. 5. The association seeks to promote the understanding and proactive regulation of blockchain and other distributed ledger (DLT) technologies across the continent.The four participant companies are Ripple, the NEM Foundation, Emurgo – which supports commercial ventures based on…
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Crypto.com acquires SEC-registered broker to expand equities offerings
The acquisition will allow Crypto.com’s family of companies to offer stocks and equity options to eligible traders in the United States.
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AI firm Rabbit rejects Coffeezilla’s NFT scam accusation
A Rabbit spokesperson claimed that the Gama team was forthright with the open-sourcing of the project and that the allegation was false.
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SEC pushes decisions on WisdomTree’s and One River’s applications for spot Bitcoin ETFs
The regulator said it would extend its window for the decision on WisdomTree’s Bitcoin investment vehicle to May 15 and One River’s to June 2. 542 Total views 5 Total shares The United States Securities and Exchange Commission has extended its window to approve or disapprove spot Bitcoin (BTC) exchange-traded fund (ETF) applications from asset managers…
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VC firm a16z pursuing crypto lobbying push in Washington
Andreessen Horowitz executives will seek to guide U.S. policymakers on standards for crypto and Web 3.0. 398 Total views 19 Total shares Anthony Albanese, chief operating officer of Andreessen Horowitz’s (a16z) crypto division, and Katie Haun, general partner at the firm, are among a high-powered delegation from the venture capital giant who will engage with…
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Oil Giants Hire Blockchain Startup to Manage Water in Bakken Fields
A consortium of oil companies including Exxon Mobil, Chevron and Royal Dutch Shell looks to blockchain to manage water used in oil extraction in North Dakota’s Bakken oil fields.Oil and waterAs Reuters reported on Sept. 10, the Offshore Operators Committee (OOC) Oil & Gas Blockchain Consortium has awarded a contract to blockchain startup Data Gumbo…
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Institutions increase exposure to Grayscale Bitcoin Trust as GBTC discount nears 30%
Institutional investors are returning to accumulate Grayscale Bitcoin Trust (GBTC) shares as the discount to spot price his risen to nearly 30%, data on Glassnode shows.Since December 2021, some weekly sessions saw investors pouring in between $10 million and $120 million into Grayscale's flagship fund. Meanwhile, the biggest capital inflow — amounting to nearly $140…