Shiba Inu price drops 10% — SHIB sell-off risk soars amid WazirX $235M hack
SHIB is the biggest crypto by the US dollar value drained from WazirX’s wallet in the hacking incident that includes Pepe, Ether, and other cryptocurrencies.
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Fidelity renews push for spot Wise Origin BTC Trust, making it 7th applicant this year
The huge asset manager was denied approval for the Wise Origin Trust last year; now, it is joining a long line of spot fund hopefuls. Asset manager Fidelity Investments has filed an application for a spot Bitcoin exchange-traded fund (ETF), according to a filing by Cboe BZX Exchange with the United States Securities and Exchange…
Bitcoin developer who lost Bitmain funding wins Coinbase’s first-ever developer grant
The Coinbase Crypto Community Fund was awarded to João Barbosa and another pseudonymous developer. 1538 Total views 7 Total shares Digital currency exchange Coinbase has awarded its first-ever Bitcoin Core developer grants, and a familiar name is among the recipients.João Barbosa and 0xB10C, the alias of a pseudonymous developer, were selected winners earlier this week.…
SBI looking to set up joint crypto ventures with foreign firms
SBI Holdings is reportedly considering mergers and acquisitions as a means of solidifying a potential deal. 958 Total views 6 Total shares Japanese financial conglomerate SBI Holdings is reportedly planning to set up a joint cryptocurrency venture with foreign financial companies.SBI CEO Yoshitaka Kitao said that the Japanese company is in talks with other financial…
Fetch and Yoti join forces to bring KYC to autonomous DeFi agents
Fetch believes regulatory compliance is necessary to bring real world usage to the sector. 2080 Total views 7 Total shares Fetch.ai, a project building a network of autonomous agents for blockchains, has announced a partnership with Yoti, a digital identity provider. Blockchains, and DeFi smart contracts in particular, often require manual interactions to trigger specific…
Nintendo considering ways to utilize NFTs in a way that doesn’t diminish ‘joy’
The developer of Super Mario and Pokemon franchises cares more about providing a good experience for its players than winning a console race. 295 Total views 17 Total shares After releasing its latest financial results report, Nintendo held a live Q&A where they reportedly expressed "interest" and "potential" in the Metaverse when it comes to…
US Congressman Introduces Crypto-Currency Act of 2020
A United States congressman is the latest working to clarify determine which U.S. regulator is responsible for which digital assets. On March 9, Representative Paul Gosar (R-AZ) introduced the “Crypto-Currency Act of 2020,” a bill that looks to choreograph a wide range of digital assets to answer to the appropriate regulator.The proposed regulatory schemaAs Will Stechschulte,…
Singapore MAS proposes to ban cryptocurrency credits
The Monetary Authority of Singapore (MAS) is introducing proposals to better regulate the cryptocurrency industry in the aftermath of the bankruptcy of the Singaporean crypto hedge fund Three Arrows Capital (3AC).The central bank of Singapore has issued two consultation papers on proposals for regulating the operations of digital payment token service providers (DPTSP) and stablecoin…
What the dot-com bust can teach us about the crypto crash
The economist Benjamin Graham, known to some as the father of value investing, once compared the market to a voting machine in the short run and a weighing machine in the long run. While Graham likely would have been skeptical at best about crypto and its built-in volatility had he lived to see it, his…