Pudgy Penguins CEO unfazed by SEC actions against the NFT sector
While the SEC focuses on investor protection, Pudgy Penguins CEO Luca Schnetzler believes that investors should also hold some form of accountability for their purchases.
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These 3 metrics suggest there’s still time for another ‘DeFi Summer’
Decentralized finance (DeFi) has been a big part of the explosive growth seen across the cryptocurrency ecosystem in 2021 as decentralized exchanges like Uniswap and SushiSwap and lending protocols like Aave and Compound have added a new dimension of token utility. Data from Messari’s DeFi Asset index shows that over the past 30 days, a majority of…
99% of Token Price Is Pure Speculation Says VeChain Founder
Speaking at a panel today at BlockShow Asia 2019, VeChain founder Sunny Lu suggested that token value is mostly arbitrary.The panel was titled "Creating Token Value — Are Monetary Gains Hindering Blockchain Innovation?" and it also included Eddy Travia, co-founder and CEO of Coinsilium; Matthew Roszak, chairman & co-founder at Bloq; Greg Wasserman, co-head of…
Kraken-CertiK saga turns murky as part of exploited funds go ‘missing’
Kraken is planning to take legal action against security firm CertiK as the "white hat" operation by security firm turns into a legal blunder.
Bitcoin Cash Drama: Battle Lines Drawn Ahead of Scheduled Hard Fork
Controversial and untrusted figure in the Bitcoin Cash (BCH) community Cobra Bitcoin may prove to be the saving grace for the network’s future, after a highly contentious dispute between Bitcoin ABC and nChain threatens to split BCH into competing chains ahead of a scheduled hard fork in November. Cobra, the anonymous owner of Bitcoin.org and…
Death and self-custody: How to pass on your crypto when you die
The average crypto investor probably isn’t planning on dying of old age anytime soon, but that doesn’t mean they shouldn’t have a plan in place to pass on their crypto in the event they meet an unlikely demise, lawyers warn.Speaking to Cointelegraph, Dubai-based crypto lawyer Irina Heaver believes that “billions” worth of Bitcoin (BTC) has…
Jamie Dimon Says Libra Does Not Pose a Threat in Short Term
Jamie Dimon, CEO of global financial services firm JPMorgan Chase, argued that Facebook’s cryptocurrency project Libra does not pose a threat in the foreseeable future.As reported by CNBC, Dimon delivered his comments during a conference call with analysts on Tuesday, July 16. Dimon said that he would not spend too much time on Libra, specifying…
Tyler Winklevoss tells CNBC that ‘Cash is trash’
He believes that investors will eventually send Bitcoin’s price over $500,000. 2175 Total views 19 Total shares Not one to mince words, Tyler Winklevoss reportedly told the business network CNBC that “Cash is trash.” In his view, it’s only a matter of time before investors dump the dollar and other fiat currencies for BTC: “At some…
Micree Zhan Claims He Was Removed From Bitmain Without Consent
Micree Ketuan Zhan, the co-founder of major Chinese Bitcoin (BTC) mining hardware producer Bitmain, claimed that he was removed as a legal representative of the company without his consent.On Nov. 7, Samson Mow, the CEO of Blockstream, posted a statement from Zhan on Twitter, in which the Bitmain co-founder claimed he would take legal measures…