SEC moves its former top crypto cop Tenreiro to IT office: Report

Tim Draper, the billionaire and Bitcoin bull who has backed Tesla, SpaceX and Coinbase, is making moves into decentralized finance. He is now investing in DeFi Money Markets DAO (DMM DAO), according to the DMM Foundation’s official announcement on March 16. The billionaire is investing in governance tokensDraper Goren Holm Ventures, the leading fintech VC fund…

Ethereum network is nearing the merger phase of its crucial transition from proof-of-work (PoW) mining consensus to proof-of-stake (PoS). Ethereum (ETH) devs offered a perpetual merger date during a conference call on Thursday.The conference call saw core Ethereum developer Tim Beiko, who runs core protocol meetings, propose September 19 as the tentative target date for the…

Bitcoin (BTC) set a new record low price for 2022 on May 9 as crypto markets continued selling off prior to the Wall Street opening.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBTC price sinks under $36,700Data from Cointelegraph Markets Pro and TradingView confirmed the firmly bearish achievement for BTC/USD, which hit $32,637 on Bitstamp.With the latest installment…

Without any doubt, the year 2020 was unlike any other year in the 21st century: The ongoing COVID-19 pandemic, global governments unstoppably printing money, “lockdowns” and “social distancing” becoming the new normal, protests against racial discrimination and police brutality, and so on and so forth. It even made some claim it to be “the worst…

“It is time to allow the Debtors’ customers to propose their own plan for the assets that they were defrauded into investing with Celsius,” said a Withhold account holders’ filing. 64 Total views 1 Total shares Own this piece of history Collect this article as an NFTThe unsecured committee of creditors and others involved in…

Climatetrade will launch its marketplace for carbon offsetting on the Algorand blockchain. 2690 Total views 11 Total shares Blockchain marketplace Climatetrade will be building its new CO2 carbon offsetting platform on Algorand, a top-50 cryptocurrency project that is gunning for scalability and transactional performance. Climatetrade announced Wednesday that it has selected the Algorand blockchain to power…

Global economists continue to question the implications of blockchain implementation for central bank digital currencies. 968 Total views 3 Total shares Blockchain, the underlying technology of cryptocurrencies like Bitcoin (BTC), is not the right solution for a central bank digital currency, according to an economist at Switzerland’s central bank.Carlos Lenz, chief economist at the Swiss…

Regulators don't want to stifle the growth of crypto industry, CoinShares' Meltem Demirors said. 3676 Total views 2 Total shares The $2.6 trillion market cap peak compelled regulators worldwide to take a serious look at cryptocurrencies, but they also don’t want to stifle a growing industry, CoinShares chief strategy officer Meltem Demirors said.Stating that “uncertainty…