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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Gemini launches ETF and fund manager-focused custody, clearing, and trade service
The new service will tailor to companies offering retail investors exposure to cryptoassets through traditional investment channels 2276 Total views 15 Total shares Being your own bank isn’t for everyone — and that includes companies and fund managers looking to issue cryptocurrency investment vehicles.Cryptocurrency exchange and custodial services provider Gemini announced today the launch of…
US Congressman Warns: Crypto May ‘Displace or Interfere With Dollar’
The United States congressman who said the country should ban cryptocurrency returned to publicly slating the phenomenon this week.Sherman: Crypto could “achieve its objectives”During the latest hearing over Facebook’s Libra digital currency on Oct. 23, Brad Sherman used his chance to speak to deliver fresh criticism of cryptocurrencies such as Bitcoin (BTC) and their alleged…
Dai Supply Hits New Highs as Efforts to Restore Peg See Limited Success
The MakerDAO community approved and executed a vote on Thursday to almost double the total debt ceiling, which indicates how much Dai (DAI) can be minted by its users.An announcement by the Maker Foundation posted on July 29 details the specific proposal to raise the debt ceilings for Ether (ETH), USD Coin (USDC), Wrapped Bitcoin…
Celsius Network’s bungling showed why centralization can’t protect privacy
In Celsius Network’s recent court filing, the billion-dollar centralized finance (CeFi) platform exposed more than 14,000 pages of customer identity and on-chain transaction data without user consent — a prescient reminder that privacy absent decentralization is no privacy at all.As part of its bankruptcy proceedings, CeFi lending giant Celsius Network disclosed names and on-chain transaction…
Researchers Highlight Privacy Issues With Lightning Network
Researchers from the Norwegian University and the University of Luxembourg have published a research paper detailing an attack that can deanonymize transactions broadcast across Bitcoin’s Lightning Network. The Lightning Network emerged as a controversial compromise from the Bitcoin (BTC) block limit and scalability debate. It’s a second layer solution that facilitates near-instant, low-cost Bitcoin transactions. Proponents…
Bitcoin volatility still a concern for CEO of BNY Mellon subsidiary
Francesca Fornasari believes that Bitcoin may not be suitable for most institutional investors. 257 Total views 2 Total shares Despite BNY Mellon’s entrance into Bitcoin (BTC), the CEO of one of the company’s asset management units is still sceptical about major risks associated with the world’s largest cryptocurrency.Francesca Fornasari, head of currency solutions at BNY…
Partner of ex-FTX exec hit with campaign finance charges
Michelle Bond, who ran for a seat in the US House of Representatives in 2022, faces four charges related to violations of campaign finance law.
XRP Price Can Outperform Bitcoin in the Short Term — Here’s Why
Bitcoin (BTC) price sidewards action of late has been a hunting ground where whales can easily liquidate misinformed traders on leverage trading platforms. Without decent swings, any asset can become boring.But let’s not forget BTC isn’t the only cryptocurrency out there as several altcoins are currently staging somewhat of a comeback. However, there’s one coin…