Top engineers working on Facebook’s wallet jump ship to A16z’s crypto fund
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US lawmakers under pressure following FTX collapse: Report
In response to FTX's fall, United States lawmakers are reevaluating the crypto industry's regulatory needs for 2023. 13 Total views 13 Total shares Ho-ho-ho! Get Limited Holiday Trait!Collect this article as an NFTLegislators in the United States seem to be reevaluating the crypto industry and its regulatory needs in light of FTX's collapse. According to…

Total crypto market cap reclaims $1 trillion as Bitcoin, Ethereum and altcoins breakout
The crypto market capitalization pushed above $1 trillion after notable weekly double-digit gains from BTC, ETH and several large cap altcoins. 493 Total views 6 Total shares Crypto traders found cause for celebration on July 18 as the total market capitalization climbed back above the $1 trillion mark following weeks of widespread selling after Bitcoin…

Dogecoin devs deny rumor of immediate PoS switch following community concern
The developers of Dogecoin (DOGE) have denied rumors that the network is immediately switching to proof-of-stake (PoS), saying that they are merely planning to release a proposal on the topic. The repudiation came on Dec. 29, from the Twitter account of Michi Lumin, Principal Engineer for the Dogecoin Foundation.More info for ya. Influencers, even if…

Bitcoin Price: 4 Key Similarities to Previous Bull Market Corrections
While Bakkt clients will be able to deposit their funds into the Bakkt Warehouse next week on Sept. 6, Bitcoin price is trending downwards after falling below $10,000 in the run-up to the event. So is this already priced in or the market cycles are just repeating themselves? Let’s take a look at some key similarities…

Diversification into Bitcoin a ‘prudent move,’ says Bloomberg strategist
Bitcoin (BTC) price has retreated by more than 40% after topping out near $65,000 in mid-April. But that is not enough to derail the flagship cryptocurrency's long-term bull trend, especially as global markets grapple with declining national currencies and the prospect of a commodity market crash.So believes Mike McGlone, the senior commodity strategist at Bloomberg…

Fidelity International Invests in Hong Kong Crypto Company BC Group
Fidelity International has acquired a stake in BC Group, the operator of OSL, one of Asia’s largest digital asset platforms for institutions. The company purchased 17 million shares for a 5.6% ownership position.The purchase was revealed by a Hong Kong Stock Exchange (HKEx) disclosure filed on Feb. 17. The actual transaction occurred on Feb. 12.…

Failed exit? Traders complain Crypto.com reversed profitable LUNA transactions
Terra’s death spiral resulted in the mispricing of LUNA tokens on the popular cryptocurrency exchange. Traders aren't happy with the compensation. 814 Total views 13 Total shares Cryptocurrency exchange Crypto.com has halted the trading of Terra (LUNA) tokens after it determined that user transactions were quoted at an “incorrect price,” prompting severe backlash from the…

Barclays and RBS Have Reduced the Real Estate Transaction Process Four Times: Who Benefits?
Recently, Barclays and the Royal Bank of Scotland (RBS), with the participation of enterprise software company R3, successfully tested a blockchain project that will speed up real estate transactions.Such a solution can provide transparent and fast operations for the end user, R3 officials say. However, is it already possible to talk about a breakthrough in…