Swan Bitcoin delays IPO plan, announces shutdown of mining unit
The CEO said that, without revenue from the mining arm, the company expected to halt its plans for a public offering and announced staff cuts.
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Grammy-winning producer Illmind auctions rights to new samples as NFT
The innovative NFT includes a special link that is accessible only by its owner, conferring rights to use audio files for their own purposes. 1652 Total views 13 Total shares NFTs are being used to explore a new business model that puts music makers back in control of sales and copyright issues. Grammy winning producer…

South Korean National Assembly Holds Regulation Debate With Local Crypto Exchanges
South Korea’s representative body, the National Assembly, has held a crypto regulation debate arranged by major local cryptocurrency exchanges, IT media oulet ZdNet Korea reports Monday, Dec. 10.According to local business outlet Financial Leaders, the topics of the debate were proposed by seven crypto exchanges — Bithumb, CobitCoin, Coinone, Upbit, Gopax, Coinplug and Hanbitco.The debate…

Philippines’ central bank isn’t ready to pull the trigger on a CBDC
The central bank wants to learn from private-sector digital currencies — but still believes they are inferior to central bank money. 793 Total views 5 Total shares Philippine central bank governor Benjamin Diokno has announced that the institution's "exploratory" study of central bank digital currency study suggests that much more work is needed to make…

DeFi market fall showcases how rising TVL doesn’t tell the full story
The decentralized finance market seems to be deflating after the DeFi summer craze when tokenized versions of Bitcoin and protocols, such as Uniswap and SushiSwap, outperformed the rest of the market. Earlier in October, the two main DeFi indices, Binance’s DeFi Composite Index and TokenSet’s DeFi Pulse Index Set lost more than 60% and 50%…

Report: Liquid Cryptocurrency Exchange to Host Public Phase of Telegram ICO
This article has been updated to include that Cointelegraph has reached out to Telegram for comment.Cryptocurrency exchange Liquid will reportedly be the first to host encrypted messaging app Telegram’s Gram tokens when they go on public sale, a press release confirmed on June 11.Telegram, which has not provided an official statement on the move, became…

China is studying crypto as an investment tool, says PBoC deputy governor
The central bank official said stablecoins issued by private companies may require "stronger regulatory rules" than Bitcoin. 2981 Total views 33 Total shares Li Bo, recently appointed deputy governor of the People’s Bank of China, or PBoC, reportedly spoke on the benefits of crypto as an investment tool while highlighting regulatory uncertainty in the country…

Perpetual Protocol crosses $500K open interest cap amid BTC all-time high
Newly launched DeFi derivatives platform Perpetual Protocol crosses open interest milestone in barely 24 hours. 398 Total views 5 Total shares Perpetual Protocol, a new DeFi derivatives exchange, revealed that the platform had already crossed its $500,000 open interest (OI) cap for decentralized perpetual contracts. The announcement is coming less than 24 hours after the mainnet launch…

DeFi lending giant Aave unveils V4 protocol overhaul
Aave Labs shared a proposal for the next version of its protocol, which included improvements to its stablecoin, GHO.