Prometheum launches Ether custody service that treats ETH as a security: Report
The digital assets platform soft-launched its controversial Ethereum custody service on May 17 and is targeting a full launch next month.
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Blockchain can shield banks from billion-dollar trade finance scandals, says exec
The pressure induced by the ongoing economic crisis, obsolete trade finance systems and mounting geopolitical tensions is pushing the international trade finance industry down a rabbit hole. To add to the already critical situation, recent trade finance scandals involving major players such as Hin Leong, ZenRock, Agritrade and Hontop Energy amounted to a loss of almost…
TON Labs raises $6M in support of Free TON blockchain
The investment round, which was led by Runa Capital and RTP Global, will go toward funding its decentralized blockchain network. 2651 Total views 18 Total shares TON Labs, the development arm behind the Free TON blockchain, raised $6 million through an investment round led by venture capital firm Runa Capital. The funding will go toward building…
Why a Bitcoin ETF approval would be a big deal
Bitcoin ETFs are back in the spotlight after several companies filed with the SEC. This week’s episode of Market Talks discusses why approval would be a big deal for Bitcoin. 444 Total views 1 Total shares In this week’s episode of Market Talks, Cointelegraph welcomes Natalie Brunell, a podcast host, educator and media commentator in the…
Ray Dalio admits he ‘might be missing something’ about Bitcoin as it surges past $17K
“If I’m wrong about these things I would love to be corrected,” said Dalio. In a Twitter thread posted on Nov. 17, Dalio stated he believed that Bitcoin (BTC) was not an effective medium of exchange nor a store of value due to its volatility. He also asserted that governments could outlaw crypto assets if…
Bitcoin price bouce will occur when ‘weak hands’ capitulate and hashrate recovers
Analysts say Bitcoin price will rally only after BTC miners capitulate and the network’s hashrate recovers.
The metaverse is getting a greenhouse and a garden full of NFT flowers
The Heterosis project allows users to collect breedable, dynamic NFTs of digital flowers, all of which are housed in a metaverse rendition of London's National Gallery. 46 Total views 1 Total shares Own this piece of history Collect this article as an NFTThe world of Web3 has offered users the opportunity to recreate their digital…
Bitcoin bull Michael Saylor reverses remarks on self-custody after backlash
“I support self-custody for those willing and able,” said Saylor in a new post after encouraging "big bank" custody in an interview earlier this week.
Mauritius mulls wrapping metaverse into financial services
While acknowledging the need for collaboration in reshaping the financial services to accommodate metaverse, the FSC Mauritius asked seven questions to the public. The Financial Services Commission (FSC) of Mauritius started collecting feedback from industry stakeholders and the general public regarding the inclusion of metaverse within the financial services industry.The FSC Mauritius dedicated the entire