What is a crypto vault, and how does it work?

Millionaire philanthropist Bill Pulte has given away close to $150,000 this year in an attempt to promote the mass adoption of cryptocurrency. However, some critics are concerned that he may inadvertently be providing legitimacy to the masses of scammers who use fake giveaways to con new users out of crypto.Others believe it’s a ‘self serving’…

The CSOP Bitcoin Futures ETF has raked in $53.8 million while the CSOP Ether Futures ETF has collected $19.7 million in initial investments. Own this piece of crypto history Collect this article as NFTCrypto futures exchange-traded funds (ETFs) managed by CSOP Asset Management have raised $73.6 million in investments ahead of their listing on the…

United States Securities and Exchange Commission (SEC) Commissioner Hester Peirce has formally proposed safe harbor for token projects.After initially floating the idea in August 2019, Peirce has now formally presented a regulatory vision that would create a safe harbor for projects that raise funds to build decentralized networks.Peirce proposes to provide decentralized network developers with…

After almost two years, the stolen 13,556 ETH, which was worth nearly $60 million, amounted to almost 26.2 million at the time of writing. 146 Total views 5 Total shares Nearly two years after the dog-inspired decentralized finance (DeFi) project — AnubisDAO — was rug-pulled for almost $60 million in Ether (ETH), the stolen funds…

Because of its pseudo-anonymous, censorship-resistant nature, cryptocurrency has become a popular payment method in the adult entertainment industry. Pornsites, webcam sites and online sex shops have been using crypto to reduce their dependence on traditional payment services, which often impose restrictions and high transaction fees on these kinds of businesses — which are considered to…

The multinational entertainment giant was approved for a “virtual-world simulator” patent during the last week of December 2021. 1312 Total views 25 Total shares Disney has been approved for a patent that would create personalized interactive attractions for theme park visitors. The technology would facilitate headset-free augmented reality (AR) attractions at Disney theme parks.The tech…

The Grayscale Bitcoin Trust, one of ARKW’s top three holdings, could lose its third-place ranking as ARK sheds its shares while increasing its holdings of Jack Dorsey’s Block. ARK Invest, one of the applicants for a spot Bitcoin (BTC) exchange-traded fund (ETF) in the United States, has continued to dump its holdings of Grayscale Bitcoin

The FDIC regulators have reportedly required any buyer of Signature to agree to give up all cryptocurrency business at the bank. 502 Total views 5 Total shares Own this piece of history Collect this article as an NFTThe United States Federal Deposit Insurance Corporation (FDIC) has reportedly asked potential rescuers of some failed U.S. banks…

In June 2019, the intergovernmental Financial Action Task Force (FATF) introduced its revised set of standards for virtual asset service providers. The document establishes the anti-money laundering and counter-terrorism (AML/CFT) requirements that regulated VASPs —  the term mainly referring to cryptocurrency trading platforms — must eventually implement in their day-to-day operations. The guidelines are framed…