Yuga Labs faces backlash over CryptoPunks IP sale rumors
A DAO proposal to transfer CryptoPunks IP to the community gains attention amid growing discontent over Yuga Labs’ rumored plans.
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Optimism fading? Regulatory discussion on stablecoins postponed until Fall
Among a rich range of anxieties both for the crypto industry and the global economy at large, the summer of 2022 will be remembered as the time when the stablecoins proved themselves to be not so stable and thus came into the focus of regulators’ attention. The shock of the TerraUSD (UST) depegging in May opened…

Sequoia Capital announces three-way split to separate China business
One of the world’s largest venture capital firms, Sequoia Capital, will split into U.S./Europe, India/SEA, and Chinese branches. 180 Total views 1 Total shares Venture capital firm Sequoia announced an impending split that will see the company break into three distinct partnerships serving the United States, China, and Asian markets separately. The move, announced on June…

Crypto transaction success rate hinges on user location: Report
A new report from Cointelegraph Research and Onramper revealed that fiat-crypto transactions have a 50% failure rate due to several factors, including user location. 132 Total views 2 Total shares Own this piece of history Collect this article as an NFTThe crypto community continually seeks ways to bridge the gap between traditional finance and fiat currencies…

Bitcoin technical indicator predicts BTC price cycle top in summer 2025
A classic Bitcoin price technical indicator suggests BTC’s price will peak within six months, while more downside could be expected in the short term.

City-building startup Praxis secures $15M in Series A Funding
“A more vital future” — Praxis is one step closer to building a crypto-powered city utopia, after a funding round from leading crypto VCs. 218 Total views 4 Total shares Peter Thiel-backed city-building startup Praxis has raised $15 million in Series A funding from a variety of crypto venture firms led by Paradigm Capital, Sam…

Where, Oh Where Has Bitcoin Volatility Gone? Part 2
At the same time that volatility and short-term implied volatility have been sucked out of the market, longer dated options (six months or so until expiration) are still pricing closer to their historical average volatility in the 70% range. This steepness in implied volatility term structure suggests one of two things: Investors expect that this…

DOJ and SEC to probe SVB collapse and insider stock sales: Report
The investigations are separate from one another but will both look into Silicon Valley Bank's collapse and stocks sold by executives prior to its fall. 144 Total views 9 Total shares Own this piece of history Collect this article as an NFTThe United States Justice Department and the Securities Exchange Commission (SEC) have reportedly launched…

FCA Launches Digital Sandbox for Tackling COVID-19 Solutions
The U.K.’s financial regulator is launching its digital sandbox early to foster innovative firms developing solutions to the coronavirus outbreak. 3868 Total views 11 Total shares The United Kingdom Financial Conduct Authority (FCA) announced it will pilot a digital sandbox intended to foster innovation from firms developing solutions addressing the COVID-19 pandemic on May 4.While…