Solv launches Bitcoin staking token on Solana
Bitcoin’s emerging layer-2 and DeFi ecosystems are sparking competition for BTC liquidity on other chains.
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Connext founder proposes ‘Sovereign Bridged Token’ standard after Multichain incident
EIP-7281 will allow token issuers to list official bridges and limit the rate at which they can mint tokens, potentially limiting losses from bridge hacks. 275 Total views 1 Total shares An Ethereum Improvement Proposal (EIP) made on July 7 seeks to standardize how tokens are bridged between networks. The “Sovereign Bridged Token” standard, or…
DeFi may turn to DAO governance to reduce regulatory risks in 2022: Report
“If DeFi aims to reduce regulatory risk, the form of DeFi governance will gradually become a DAO,” writes KuCoin Labs in its annual report. 1410 Total views 5 Total shares KuCoin Labs, the investment and research arm of crypto exchange KuCoin, has released its annual report, predictin that decentralized finance (DeFi) will still be a…
ASIC calls for closer engagement, but crypto industry says rules are unclear
Australia’s securities regulator wants crypto firms to work closely with it, but industry executives are unsure of their obligations. 1837 Total views 21 Total shares The Australia Securities and Investments Commission, or ASIC, is urging local blockchain and crypto firms to engage with regulators to help them foster innovation in the region. Speaking at the Australia…
CryptoPunks’ trading volume surges 1,847% after Tiffany & Co. launches exclusive NFT collection
Anyone can buy the newly launched NFTiff, but Punk holders who own an NFTiff can also redeem it for a custom pendant. 254 Total views 14 Total shares On Monday, the trading volume of CryptoPunks, one of the sector's most popular nonfungible token (NFT) collections, surged by 1,847% over 24 hours. Over $1,226.68 Ether (ETH)…
Major Coins Report Mixed Signals, Bitcoin Hovers Around $11,700
Tuesday, Aug. 6 — Major cryptocurrency markets have continued suffering losses over the past several hours as Bitcoin (BTC) has come back down to around $11,700 after a jump to $12,300 earlier today.Market visualization. Source: Coin360BTC has effectively returned to its level of 24 hours ago to trade at around $11,759 at press time. During…
Wall Street financial advisor LionTree explores crypto payments
Financial advisory group LionTree has been a part of some of the most prominent Wall Street acquisitions and IPOs. 749 Total views 31 Total shares Wall Street financial advisor that helped Amazon acquire MGM studios this year is exploring crypto payment options.LionTree, a popular financial advisor and investment banking firm, is looking into cryptocurrencies as…
SEC vs. Telegram: Part 3 — The extraterritorial reach of US securities laws
As mentioned in the first and second parts of this story, on March 24, 2020, in a widely reported and closely followed decision, Judge Peter Castel imposed a sweeping preliminary injunction preventing Telegram from issuing its planned crypto asset, Grams. Shortly thereafter, the judge clarified his initial ruling by explicitly holding that the injunction applied…
Bitcoin Trading Journal: Veteran Trader Shares Tips on how to Profit from Bitcoin and Altcoin investing
Successful traders treat trading like a business and part of treating your trading like a business involves keeping a journal. While everyone has a different format and preference, I generally use an Excel spreadsheet to help with calculations and provide organizational clarity.Crypto investors are always curious about each other's positions and typically these conversations take…