South Korea postpones decision on corporate crypto investments

Teen crypto star Erik Finman has said Bitcoin (BTC) “may have a bull market or two left in it,” but that “long-term, it’s dead,” in an interview with financial news site MarketWatch on Dec. 17.Finman is famous for his precocious investment in Bitcoin back in 2011, when he reportedly bought in — at the age…

Blockchain-based soccer fan tokens are all the rage of late, and now Poland's most successful club is getting in on the action. 3958 Total views 19 Total shares The spread of blockchain-based soccer fan tokens across Europe continued on Monday as Poland’s most successful soccer club partnered with sports fintech firm Chiliz.Legia Warsaw, which holds…

South Korea’s Gram Asia is selling rights to its Gram holdings at $4.00 per token starting July 10, according to a report by Bloomberg on July 3.The proposed sale price is triple the original $1.33 sale price at Gram’s second initial coin offering (ICO) round in March 2018.The sale on July 10 is apparently happening…

Developers dumping tokens and making off with the proceeds is the latest scourge to plague DeFi. 1532 Total views 6 Total shares The decentralized finance ecosystem has been plagued by a variety of known scams and exploits for some time, with yet another coming in the form of what is known as a “soft rug”.Those…

Friday, Nov. 22 — Cryptocurrency prices are bleeding heavily, with some of the top-20 coins showing losses of close to 10% on the day.Cryptocurrency market daily overview. Source: Coin360Bitcoin (BTC) started the day just above the $7,600 price mark, when it suddenly started on another sell-off towards the $7,000 price level. The coin bounced off…

On October 31, multinational investment bank and financial services company, Morgan Stanley, released their latest report on Bitcoin. The report, entitled “Update: Bitcoin, Cryptocurrencies and Blockchain,” stated that Bitcoins and altcoins have constituted a “new institutional investment class” since 2017.In comparison to Morgan Stanley’s 2017 report on Bitcoin, their 2018 outlook is bullish. The report…

NFT sales in June alone have eclipsed those for the entire first half of 2020 for the OpenSea marketplace. 230 Total views 5 Total shares Sales of nonfungible tokens (NFTs) have surged to record highs in the first half of 2021.There has been $2.5 billion in NFT sales in the first six months of this…

Former FTX CEO Sam "SBF" Bankman-Fried has been on trial since Oct. 3 in a federal court in New York, accused of seven counts of fraud and conspiracy to commit fraud on FTX investors and customers. As expected, the Department of Justice (DOJ) is employing a forceful legal approach to demonstrate his offenses, while Bankman-Fried’s