Plaintiffs amend complaint in Tether lawsuit for alleged USDT scheme
The class-action lawsuit alleges Tether and Bitfinix conspired to manipulate crypto market prices.
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DeFi cannot be fully regulated, Siam Commercial Bank president says
Dr. Arak Sutivong, CEO of SCB 10X, believes DeFi requires a framework for long-term and sustainable interactions with traditional finance. 321 Total views 4 Total shares Dr. Arak Sutivong, the CEO of SCB 10X and the president of Siam Commercial Bank (SCB), has offered an insight into how one of the largest venture capital funds…
Top 5 cryptocurrencies to watch this week: BTC, ETH, XRP, LTC, DASH
Bitcoin (BTC) has made a stellar comeback from its March lows in 2020 and this performance is getting noticed by institutional investors. Recently Rick Rieder, BlackRock’s CIO of fixed income, said that Bitcoin could replace gold as it is “more functional than passing a bar of gold around.”Comments like these are a positive sign as…
Solana (SOL) price rally could fizzle out due to weak fundamentals
Solana’s (SOL) recent 250% rally to $25 has shocked many investors in the crypto market. At the same time, traders who had eyes on the negative funding rate for SOL in the futures market could have anticipated the bullish move ahead of others. It’s because excessive negative funding rates, like the one in Solana displayed…
Metamask Launches Mobile App Beta to Broaden Appeal of Ethereum DApps
Ethereum wallet and decentralized app (DApp) browser Metamask has launched the public beta version of its new mobile app. Unveiled on July 23, the app brings various features to Metamask users and syncs to the company’s existing browser plug-in. It is available for both Android and iOS.“Over the next couple months, we’ll use this Beta to…
Romance and crypto scams surge on Canadian dating apps
Canadian authorities warn against discussing cryptocurrency investments with online matches, advising that such conversations should be considered a red flag.
Boba Guys, Shopify users showcase adoption of Web3 tools — Solana Breakpoint
Web3 tools powered by layer-1 blockchain Solana are driving tangible returns and delivering deep customer data insights, according to prominent mainstream brands and companies that attended Solana Breakpoint.The four-day conference in Amsterdam attracted a wide variety of businesses and projects from Web2, Web3 and traditional backgrounds. A prominent takeaway was the adoption of Solana-based tools
CoinFund debuts $83M crypto startup fund
“Blockchain-based networks will be distributed to billions of people globally through digital wallets,” said CoinFund CIO Alex Felix. “We’ve consistently positioned early in three core areas: verticals with early traction, the technology innovations that come next and the infrastructure on which they are built.” CoinFund, a blockchain investment firm behind several recent venture raises, has…
Law Decoded: Tech as an Arena for International Conflict, July 31–August 7
Every Friday, Law Decoded delivers analysis on the week’s critical stories in the realms of policy, regulation and law. Editor’s noteThe U.S.–China trade war continues its brazen spillover into tech. In response to concerns over where data from TikTok and WeChat was going, President Trump sent out twin executive orders banning both applications last night. The new…