PolitiFi memecoins tank amid Trump vs Biden presidential debate

The popular messaging app launched a new marketplace on the TON blockchain, on which it plans to auction off rare user handles. 408 Total views 7 Total shares The popular messaging app Telegram announced on Oct. 26 the official launch of its new marketplace built on the Telegram Open Network (TON) blockchain. The marketplace will…

New York regulator that issues BitLicences adds a Silk Road investigator to its legal counsel. 2548 Total views 42 Total shares April 28, New York State Department of Financial Services (NYSDFS) announced that it is adding a former Silk Road investigator as general counsel.The Department regulates financial services and products, which include cryptocurrency-related businesses. It…

The premium on shares in Grayscale’s Ethereum Investment Trust plummeted 50% in less than one week. 1546 Total views 16 Total shares Shares in Grayscale’s Ethereum Investment Trust (ETHE) have crashed by 50% in just four days on the secondary, over-the-counter (OTC) markets.With each share representing 0.094 Ether (ETH), the sharp retracement has seen the…

Mercedes-Benz’ parent company has partnered with Ocean Protocol to use blockchain technology to privately collect and package data for monetization. 840 Total views 19 Total shares Ocean Protocol, a decentralized data exchange protocol focussed on data collation, sharing, and monetization, has announced a pilot project partnering with Mercedes-Benz’ manufacturer Daimler AG.Daimler’s South East Asia subsidiary…

Voyager is not the only crypto firm incurring hefty legal fees; FTX, for example, has been billed over $120 million in fees. New York-based law firm McDermott Will & Emery filed for compensation of $5.1 million from the creditors of bankrupt crypto brokerage firm Voyager Digital. The bill is for legal services offered between March…

The US Securities and Exchange Commission held the first crypto roundtable of industry attorneys, officials, and former regulators on March 21. John Reed Stark, the former director of the Office of Internet Enforcement at the United States Securities and Exchange Commission (SEC), pushed back against the idea of regulatory reform at the first SEC crypto

At a recent event, Tom Mutton, the Bank of England’s head of fintech, touted the privacy benefits of CBDCs while denouncing the anonymity of cryptocurrencies. 82 Total views 1 Total shares The Bank of England’s director of fintech, Tom Hutton, recently spoke out on the United Kingdom’s plans to institute a central bank digital currency…

Former New York mayor and present-day Presidential candidate Mike Bloomberg seems to be snuggling up to the crypto community.In a proposal for financial reform released Feb. 18, the Democratic candidate not only wrote about cryptocurrency as an asset class, but also offered a regulatory framework for cryptocurrency in the U.S. That framework remains vague, running…

What if the volatility of cryptocurrencies could be eliminated, making crypto more of a feasible, mainstream investment?An established fintech company is working to achieve just that. Rise, which was founded in 2012, is planning to adapt its artificial intelligence (AI) trading technology to the cryptocurrency markets – enabling users to manage their investments and trade…