UK body proposes property category for crypto assets, SEC sued over status of NFTs: Law Decoded
The Law Commission’s final report urges UK government to reclassify crypto assets, addressing current legal gaps.
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Charles Hoskinson responds to criticism over Cardano’s Confirm partnership
Cardano founder Charles Hoskinson has responded to criticism over The Cardano Foundation’s partnership with Confirm, saying it was necessary for adoption of ADA. The Cardano Foundation announced its partnership with the blockchain analytics provider on Aug. 24, which will see Confirm’s analytics being utilized to ensure compliance with frameworks such as the 6th Anti Money…
US Senators Warn Three Libra Backers of Membership Risks
Three backers thought to be reconsidering their involvement in Facebook’s digital currency Libra have received warnings from the United States politicians over their participation.Senate letter: Facebook’s problems are your problemsAccording to a Bloomberg article published on Oct. 9, a letter to Visa, Mastercard and Stripe was sent by two U.S. senators. In it, they are reportedly pressuring the…
Bitcoin’s key momentum metric just flashed bearish with BTC price pinned under $50K
The run-up in the Bitcoin (BTC) price toward $50,000 last week risks exhaustion due to a mismatch between the cryptocurrency's price and momentum trends.So it appears the Bitcoin's price and relative strength index (RSI) have been moving in the opposite direction since late July. In doing so, even a strong push higher in the BTC/USD…
The crypto industry has ‘already started’ moving outside US, says Ripple CEO
Ripple's CEO Brad Garlinghouse stated that the SEC's lawsuit against Ripple is the regulator playing "offense" and "attacking" the industry as a whole, believing it could put the U.S. at "severe risk." 434 Total views 9 Total shares Own this piece of history Collect this article as an NFTThe United States Securities and Exchange Commission's…
Aussie banks ANZ and NAB won’t ‘endorse’ retail speculation on crypto
Executives from two of Australia’s “big four” banks have said they won’t allow their retail customers to trade crypto with ANZ adding its happy it didn’t “go head long” into a cryptocurrency offering. 199 Total views 22 Total shares Executives at two of Australia’s “big four” banks have ruled out allowing retail customers to trade…
Experts explain how music NFTs will enhance the connection between creators and fans
According to Mike Darlington, the CEO of Monstercat, an electronic music platform, and Jake Udell, the founder of social NFT platform Metalink, bear markets are a time to ideate and build new products. During this week's episode of NFT Steez, a bi-weekly Twitter Space hosted by Cointelegraph analysts, both Darlington and Udell agreed that the…
Binance.US Cryptocurrency Exchange to List NEO and ATOM
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Upstart Bitcoin Cash challenger BCHN gains miner majority ahead of fork
The Bitcoin Cash community appears to be signaling support for the upcoming BCHN fork, with 82% of hash power supporting the implementation. The potential Bitcoin Cash fork in November is looking increasingly likely, with 63% of the last 1,000 BCH blocks being mined using the community’s breakaway Bitcoin Cash Node (BCHN) implementation.BCHN appears to be…