RWA sector could reach $600B in next five years: BCG

1. I already have a credit card. Why would I use crypto to pay? This may sound a bit strong, but banks and traditional payment systems do restrict your freedom. Imagine you live in the United States and your beloved father, whose birthday coincides with Independence Day, resides in another country. As all the local…

The recent JPEX and Hounax exchange scandals have resulted in losses exceeding $100 million. 354 Total views 3 Total shares A one-year grace period for cryptocurrency exchanges operating in Hong Kong will remain in place despite recent scandals.According to local news reports on Nov. 27, Julia Leung, CEO of Hong Kong’s Securities and Futures Commission

After serving as the chief executive officer of major cryptocurrency exchange Binance.US for less than four months, Brian Brooks announced Friday he would be stepping down — a move that was greeted with confusion and suspicion from the crypto community. Citing “differences over strategic direction,” the now-former CEO said he had already resigned his position at…

Bitcoin (BTC) inched closer to $17,000 on Jan. 3 as the first Wall Street open of the year loomed.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewConsensus builds for fresh attack on $17,000Data from Cointelegraph Markets Pro and TradingView showed BTC/USD reaching highs of $16,766 on Bitstamp — its best performance since Dec. 27.Analysts and traders were…

Bitcoin (BTC) and most major altcoins appear to have started a relief rally. Glassnode data suggests that Bitcoin addresses with a non-zero balance have risen to about 40 million, indicating increasing adoption by retail traders.Edelman Financial Engines founder Ric Edelman said that the number of Americans owning Bitcoin could rise from 24% currently to one-third…

Bitcoin and crypto may still have a friend in U.S. treasury secretary Janet Yellen if liquidity comes roaring back to the economy next week, says Arthur Hayes.

AMC Entertainment and renowned NFT artist Damien Hirst are airdropping NFTs to fans and collectors. 62 Total views 1 Total shares AMC Theatres is planning a NFT promotion to celebrate the opening day of Sony Pictures’ Spider-Man: No Way Home at cinemas across the United States.The company is offering a limited number of up to…

The filing suggested Prime Trust had financial liabilities to its users totaling more than $82 million in fiat and $800,000 in crypto. Following the filing of a cease and desist order, Nevada’s Financial Institutions Division has again moved against crypto custodian Prime Trust by petitioning for the appointment of a receiver.In a June 26 filing,…

The FORTH governance token will give community members the ability to propose and vote on changes to the Ampleforth protocol. 4484 Total views 22 Total shares Base-money protocol Ampleforth has announced the launch of a new governance token Wednesday, setting the stage for further expansion and community engagement following a successful year of adoption. The project…