Stablecoin firms should be registered in US — Circle’s Jeremy Allaire
Circle co-founder Jeremy Allaire says all dollar-based stablecoin issuers should register in the US, citing consumer protection and fair competition in the crypto market.
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Rising M2 money supply will see crypto become ‘Super Massive Black Hole’: Raoul Pal
Historically, the cryptocurrency market has benefited from the rise in global money supply, as the majority of bull runs in the past coincided with the rise in fiat supply. 134 Total views 6 Total shares The rising total money supply (M2) could propel crypto into another bull rally and help it outperform the traditional markets
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Bitcoin’s rising popularity will lead to more regulation, says Riksbank
Riksbank Governor Stefan Ingves says there's “good reason to believe” that more regulatory oversight of cryptocurrencies is in the pipeline. 900 Total views 1 Total shares Cryptocurrencies' persistent growth and ever more mainstream adoption is keeping international monetary authorities on their toes. In fresh comments this week, Stefan Ingves, the Governor of Riksbank, Sweden's central bank,…
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Public blockchain Kadena launches $100M Web3 grant program
Web3 development has become a top priority for the blockchain industry as infrastructure providers look to enable the new internet economy. 302 Total views 5 Total shares Proof-of-work (PoW) blockchain Kadena has launched a $100 million grant program to encourage Web3 development on its platform, potentially opening the door to more use cases for the…
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Bakkt shares skyrocket after partnering with Mastercard and Fiserv
Bakkt’s share price surged by 120% during Monday’s trading session on the heels of fresh partnerships with global payments firms. 544 Total views 14 Total shares The share price of the Intercontinental Exchange-backed crypto services company Bakkt ($BKKT) has surged as it unveiled two partnerships with major global payments firms. On Monday 25 Oct., Mastercard…
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StrongSalt Raises $3M in Seed Round to Develop Encryption Platform-as-a-Service
Advisory firm Valley Capital Partners has invested $3 million into encryption platform-as-a-service StrongSalt.Per a Sept. 26 press release, StrongSalt raised $3 million from Valley Capital Partners in a seed round to further develop its encryption platform designed for developers and enterprises. The startup aims to build an encrypted ecosystem, allowing individuals to keep personal data…
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Contributors piling into Bitcoin, Ethereum, and Solana since 2018: Report
Despite crypto market turbulence, active contributors across Bitcoin, Ethereum, and Solana’s top projects have increased by an average of 71.6% per year since January 2018, according to a new report.The findings come from an August 2 report sent to Cointelegraph by technology investment firm Telstra Ventures, which found that Solana had the most significant annual increase…
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Animoca Brands to Develop Blockchain-Based MotoGP Manager Game
Blockchain and artificial intelligence firm Animoca Brands Corporation Limited has entered into a partnership with sports management company Dorna Sports, S.L. to develop a blockchain-based MotoGP manager game.Per a press release shared with Cointelegraph on Sept. 26, Animoca Brands completed a strategic capital raise of A$1 million ($677,600) from a group of investors, including Moses…
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UK Financial Watchdog: $255 Mln Lost in Crypto-Related, Other Investment Scams in 2018
The United Kingdom Financial Conduct Authority (FCA) has reported that common investment scams’ losses — including those crypto-related — amounted in total to over £197 million ($255 million) in 2018. The agency reported the losses in an official press release published on Feb. 6.According to data from the FCA call center, the most common reported…