Scanning headlines might lead you to believe it was sponsorship and marketing deals that made 2021 a huge year for derivatives exchange FTX and its CEO Sam Bankman-Fried. And, to be fair, there were a lot of deals. The NBA’s Golden State Warriors and Miami Heat, Mercedes AMG Petronas F1 team, the International Cricket Council, Major League Baseball, esports squad…
Exploring the new world of decentralized autonomous organizations Around the Block from Coinbase Ventures sheds light on key trends in crypto. Written by Justin Mart & Connor Dempsey. What the internet did for communication, DAOs can do for capital. The internet and social networks have made it easier for like minded individuals to communicate than ever before, regardless of geographic location. The…
press release Press Release: Beyondlife․club and Orange Comet have joined forces to launch a special NFT collection dedicated to the legendary Marvel comics founder Stan Lee. 22nd December 2021, Singapore — Chakra The Invincible is a unique NFT collection and tribute to legend Stan Lee, that will launch on his 99th Birthday, (December 28th) on chakra.beyondlife.club. The collection includes an…
Nasir Hayat Magoon, The President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), has stated that Pakistani citizens have a combined crypto assets value of $20 billion. During a news conference, the FPCCI president said that Pakistanis’ digital currency valuations are based on the chamber’s research paper, as per a local report. He urged the government to implement…
Algorithmic stablecoin platform Terra has hit a new all-time high as fellow Cosmos-based coins have posted double-digit gains in the last day. Having surpassed Binance Smart Chain as the second-largest decentralized finance (DeFi) protocol on Tuesday, Terra’s LUNA token today reached an all-time high of $97.90. At time of publishing, LUNA is just over $95, up 12.8% on the day,…
Recently, in an apparent response to a largely-flawed critique of stablecoins from the Open Markets Institute, cryptocurrency exchange FTX clarified its position on transaction fees for withdrawals. Its blog post was striking in that it appeared to associate proof-of-work (PoW) blockchains with high fees (which users are partly responsible for upon withdrawal) and proof-of-stake (PoS) blockchains with low fees. The…
By Brett Tejpaul, Head of Institutional Sales, Trading and Prime Our goal is to be the trusted bridge to the cryptoeconomy for all institutions, to fuel widespread adoption of crypto, and ultimately to increase global economic freedom. Coinbase Prime, an integrated solution that provides secure custody, an advanced trading platform, prime services and market data, has become a first choice for…
In advance of presenting its comprehensive view on crypto regulations, the Central Bank of Russia has indicated that it sees no place for cryptocurrencies in the country’s financial market. The monetary authority also announced that the prototype of the platform for its own digital currency is already completed. Bank of Russia to Issue Report on Cryptocurrency Known for maintaining a…
The Advertising Standards Authority (ASA), a body that oversees advertising in the United Kingdom, is cracking down on non-compliant crypto advertisements. Earlier this year, Arsenal became one of the many football clubs to collaborate with blockchain firm Chilliz and launch a fan token. On August 12 this year, the club promoted its fan token AFC on its official Facebook page,…
Convicted terrorist Khuram Iqbal, a 29-year-old British national, has been jailed for 16 months after trading cryptocurrencies on the dark web, per the BBC. This is not the first time Iqbal has faced jail time. In 2014, he was jailed for disseminating terrorist publications, and possessing terrorist information—including al-Qaeda’s Inspire magazine. At the time, he was jailed for three years…
