Synthetix betting on new 'multi-collateral' perps ahead of Arbitrum rollout
Synthetix faces fierce competition on the DeFi-oriented layer-2.
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Indian Supreme Court raps Union government on crypto rules delay: Report
The Supreme Court bench asked the union government to file a report on whether the latter is capable of setting up a federal agency to investigate crypto-related crimes. 459 Total views 17 Total shares The Indian Supreme Court on July 27 reprimanded the Union government for the lack of crypto regulations in the country, according…
Goldman Sachs to spin out crypto platform: Report
The investment bank is speaking to potential partners to add to the platform's capabilities and develop new offerings.
Lawyers warn Elon Musk’s Bitcoin pumping tweets could attract SEC’s ire
Elon Musk’s rampant Twitter activity could get him into hot water with the SEC according to lawyers. Legal advisors have warned that Tesla chief executive Elon Musk could come under scrutiny from the U.S. Security and Exchange Commission over his social media activity around Bitcoin.On Monday, Feb. 8 Tesla announced in an SEC filing that…
Venezuela Bans Crypto Mining From Public Housing
Crypto mining can harm the country’s electricity distribution, says a Venezuelan minister. 992 Total views 18 Total shares Venezuelan Minister of Habitat and Housing Ildemaro Villarroel announced today that crypto mining operations won’t be allowed in any state-owned housing or neighborhoods that are part of the “Gran Misión Vivienda” project (Great Home Mission).During an official…
Hong Kong advances CBDC pilot, bringing e-HKD trials to Phase 2
e-HKD Phase 1 trial was dedicated to full-fledged payments, programmable payments, offline payments, tokenized deposits, settlement of Web3 transactions and settlement of tokenized assets. 197 Total views 1 Total shares The Hong Kong Monetary Authority (HKMA) is gearing up for the second phase of the e-HKD (e-Hong Kong dollar) pilot program as it announced the
Elon Musk hints Tesla may offload BTC, goes to war with crypto Twitter
Elon Musk appears to have again been the catalyst for Bitcoin’s price shedding more than 10% over the weekend after Tesla's CEO appeared to suggest the firm may be planning to dump BTC from its balance sheet this quarter.On May 16, Musk replied to a tweet predicting that Tesla may dump its BTC holdings this…
Bitcoin price breaks $40K: Here’s where BTC may go next
The price of Bitcoin (BTC) is showing signs of a newfound rally as it breaks the $40,000 resistance area. There is a combination of optimistic on-chain data points and a favorable market structure that is leading analysts and traders to anticipate an impending Bitcoin breakout to a new all-time high.In the short term, the $38,000…
Hong Kong unveils new stablecoin licensing regime
The Hong Kong FSTB and HKMA outline plans for a new regulatory framework for stablecoin issuers following broad public support and stakeholder feedback.