Uniswap cites Chevron in another urge for SEC to drop bid to rule over DeFi
Uniswap Labs argues the SEC’s proposed legal amendments to give it power over DeFi are being made against “a legal backdrop that no longer exists.”
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Wealth managers and VCs are helping drive institutional crypto adoption — Wave Financial execs
“Things are much more encouraging, even though this is clearly a time of pain," said Wave Financial’s head of business development Mike Jones. 102 Total views 3 Total shares Two executives at Wave Financial, an asset management firm providing bespoke strategies to high-net-worth individuals and entities, have reported seeing increased institutional demand for crypto products…
Kenya forms parliamentary committee to investigate Worldcoin
The controversial crypto project’s launch has been marred into controversy, and it’s already facing investigations in nearly half a dozen countries. 295 Total views 7 Total shares The Worldcoin cryptocurrency project has run into another roadblock — this time in Kenya, where the government has formed a 15-member parliamentary committee to investigate the controversial asset.The Kenyan government…
Collins Dictionary announce NFT as word of 2021
NFT is the word of the year according to Collins Dictionary, even though it is an abbreviation. 1522 Total views 15 Total shares The Collins Dictionary has officially announced their ten-word annual shortlist for word of 2021, as well as declaring that NFT — though technically understood to be an abbreviation for nonfungible token —…
Blockchain Lender Reports 300% Surge as Fed Slashes Interest Rates
A blockchain lending firm has seen the value of total loans funded surge to $1 billion since the United States Federal Reserve announced its emergency stimulus interest rate cut last week.In an announcement on March 10, Figure Technologies — which claims to be the industry’s first fintech to bring lending to the blockchain — said…
Sanctions-Hit Iran A ‘Heaven’ for Bitcoin Mining, Says Gov’t Official
Iranian authorities are wrestling with the rising number of citizens turning to Bitcoin mining and use as a means of coping with a sanctions-crippled economy.Iran’s minister for information and communications technology, Mohammad Javad Azari Jahromi, told the Associated Press (AP) that the country has become “a heaven for miners,” according to a July 18 report.…
How law enforcement struggles with sophisticated crypto laundering
Advanced crypto laundering techniques continue to challenge law enforcement and crypto-related services as highlighted in a new Chainalysis money laundering report.
$100K Bitcoin? 9 analysts share their end-of-year BTC price predictions
With Bitcoin rallying almost 30% in the last week, analysts are now setting their sights on where they expect BTC to end the year.
Bitcoin on-chain and options data hint at a decisive move in BTC price
Bitcoin’s volatility has dropped to historically low levels thanks to macroeconomic uncertainty and low market liquidity. However, on-chain and options market data allude to incoming volatility in June.The Bitcoin Volatility Index, which measures the daily fluctuations in Bitcoin’s (BTC) price, shows that the 30-day volatility in Bitcoin’s price was 1.52%, which is less than half of the…