White House and SEC chair oppose FIT21 bill ahead of House vote
The House of Representatives is set to vote on H.R. 4763, but U.S. President Joe Biden and SEC Chair Gary Gensler oppose the crypto-focused legislation.
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Indian finance minister ignores crypto industry’s budget tax plea
Local crypto businesses pushed for a reduction in the 1% TDS to 0.01% to revive its customer base.
‘Britcoin’ launch inches closer after Project Rosalind CBDC tests
A major study between the BIS and the U.K. central bank found a retail CBDC could make peer-to-peer payments cheaper and easier. 82 Total views 10 Total shares The Bank of England (BoE) is a step closer to launching its central bank digital currency (CBDC) dubbed “Britcoin” following the conclusion of a trial study called…
Most Digital Tokens ‘Will Go to Zero’ Says Digital Currency Group CEO
Barry Silbert, CEO and founder of Digital Currency Group and Grayscale Investments, said that the majority of digital tokens will not have value in the long run, CNBC reports on Feb. 13.In a purported phone interview with CNBC, Silbert said “I’m not a believer in the vast majority of digital tokens and I believe most…
Circle launches euro-based stablecoin on Avalanche blockchain
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Trading Platform EToro Adds Support for Tezos Amid Price Surge
EToro, a United Kingdom-based exchange and social network for investors and traders, has rolled out trading support for Tezos (XTZ) on Aug. 5.As eToro tweeted today, Tezos, the 16th-top cryptocurrency by market capitalization, is now available for trading on the platform.According to a press release, Tezos has become the 15th crypto asset to join eToro,…
Ethereum eyes fresh yearly lows vs. Bitcoin as bulls snub successful ‘Merge’ rehearsal
Ethereum's native token Ether (ETH) resumed its decline against Bitcoin (BTC) two days after a successful rehearsal of its proof-of-stake (PoS) algorithm on its longest-running testnet "Ropsten."The ETH/BTC fell by 2.5% to 0.0586 on June 10. The pair's downside move came as a part of a correction that had started a day before when it…
YouTube co-founder backs memecoin based on ‘first cat’ on platform
A cat video filmed 20 years ago by former YouTube chief technology officer Steve Chen is now the basis for a memecoin with a market capitalization of more than $20 million.
NFT, DeFi and crypto hacks abound — Here’s how to double up on wallet security
The explosiveness and high dollar value of nonfungible tokens (NFTs) seem to either distract investors from upping their operational security to avoid exploits, or hackers are simply following the money and using very complex strategies to exploit collectors’ wallets.At least, this was the case for me way back when after I fell for a classic…