TRUMP targets $100B market cap as Arthur Hayes calls on 'degens' to celebrate
TRUMP memecoin price could be headed toward $100 by the inauguration of President-elect Donald Trump on Jan. 20, BitMEX cofounder suggests.
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Germany Plans Major Digital Token Regulation Effort in 2019, Says Source
Germany plans to introduce draft regulations allowing blockchain bonds as soon as this summer, local daily business news outlet Handelsblatt reported May 9.Citing Thomas Heilmann, the ruling coalition government’s dedicated blockchain correspondent, the publication revealed the new legislation has already gained mainstream momentum, with a summary paper already in existence.According to Heilmann, it is both…

Bitcoin’s Correlation With Gold Is Weakening, Says New Kraken Report
A drop in Bitcoin trading resulted in a six-month low of Bitcoin’s annualized volatility. 1126 Total views 19 Total shares Though Bitcoin’s (BTC) correlation with gold has diminished, the asset’s correlation with the S&P 500 stock market index is on the rise, researchers from Kraken exchange found.Kraken Intelligence, a research arm of major United States…

‘Agent of an anti-crypto agenda’ — Community slams Gensler over Kraken crackdown
Members of the crypto community are seemingly outraged over the recent charges laid against crypto exchange Kraken in relation to its staking-as-a-service program in the United States. On Feb. 9, the United States Securities Exchange Commission (SEC) announced it had settled charges with Kraken over “failing to register the offer and sale of their crypto asset…

Beleaguered DeFi project xToken suffers second major exploit since May
xToken has been exploited for around $4.5 million following the latest attack targeting the DeFi protocol’s smart contracts. The decentralized finance project xToken has suffered another exploit over the weekend after hackers discovered a vulnerability in the smart contracts for its xSNX product.On Aug. 29, the xToken team reported that the attack had resulted in…

Internet Computer Protocol promotes blockchain engagement in Africa
ICP’s DecaHack event highlighted the transformative potential of blockchain and the importance of nurturing talent in the sector.

Basel Committee: Banks worldwide reportedly own €9.4 billion in crypto assets
The study found that banks mostly held volatile cryptocurrencies and had little exposure to stablecoins. 121 Total views 3 Total shares According to a new study published by the Basel Committee on Banking Supervision, a supranational organization responsible for setting standards on bank capital, liquidity, and funding, 19 out of 182 global banks supervised by…

Crypto Startups Still Raising Millions in Capital Despite ICO Decline
In late July 2019, Sony Financial Ventures joined a $14.5 million funding round for Bitcoin (BTC) bank Bitwala. Back in 2017 and 2018, such a figure might not have made many headlines, as crypto startups were raking in hundreds of millions of dollars in initial coin offerings (ICOs).The ICO boom has, however, stalled significantly, with…

Researcher Refutes ‘Blackmail’ Theory Behind Mysterious Ether Transactions
Last week, the crypto community spotted transaction fees of up to $2.6 million featured in several transactions on the Ether (ETH) network. Vitalik Buterin has since suggested that the abnormous fees “may actually be blackmail," but some researchers have now challenged that claim. Blackmail theoryThe first suspicious transfer took place on June 10, when $2.6 million…