The Stock Exchange of Thailand is getting ready to launch a digital asset exchange. The president of the Thai bourse expects the country’s crypto regulator, the Thai Securities and Exchange Commission (SEC), to approve the launch “very soon.” Stock Exchange of Thailand Prepares to Launch a Digital Asset Exchange The president of the Stock Exchange of Thailand (SET), Dr. Pakorn…
Month: February 2022
Few calls to ‘Buy The Dip’… but uber-rich Family Offices are keen on crypto
Short term social media data suggests that traders aren’t calling for buying the Bitcoin (BTC) dip right now… but the long term picture is much brighter, with separate research showing that 77% of family offices in the U.S. are either looking at, or have invested in crypto. The BTFD data was compiled from posts mentioning “buy the dip” on social…
BNY Mellon partners with Chainalysis to track users’ crypto transactions
The Bank of New York (BNY) Mellon has announced a partnership with blockchain-data platform Chainalysis to help track and analyze cryptocurrency products. BNY Mellon is the world’s largest custodian bank, currently overseeing $46.7 trillion in assets. Chainalysis is a blockchain-data analysis platform that offers services to traditional financial institutions, allowing large firms to manage the legal risks that come with…
CryptoPunks Owner Boasts of ‘Rugging’ Sotheby’s, NFT Auction Canceled
In brief Sotheby’s was poised to host what could have been the largest NFT auction ever. The anonymous CryptoPunks seller pulled out at the last minute, trolling the auction house. A Sotheby’s auction of 104 CryptoPunks Ethereum NFTs scheduled for today was canceled after the seller decided to hold on to the digital assets instead. “nvm, decided to hodl,” tweeted…
Why The U.S. Will Be Friendly To Bitcoin
Watch This Episode On YouTube Listen to this Episode: In this episode of Bitcoin Magazine’s “Fed Watch” podcast, fellow host Christian Keroles and I had the opportunity to sit down and have an epic conversation with Log Scale of Twitter, and host of “The Bitcoin Spot” series of Twitter Spaces, and new YouTube channel. This episode is a big white…
NFTs most popular assets on Ethereum, but Wrapped Bitcoin growth stalls
Transfers of nonfungible tokens (NFT) on Ethereum have surpassed transfers of stablecoins and altcoins while the supply of wrapped Bitcoin (WBTC) has remained relatively stagnant since late last year. Those are two of the key findings in the latest State of the Network update from Coin Metrics. It details how ERC-721 transfers overtook stablecoins and altcoins on Ethereum starting last…
Senator Rand Paul Warns the US Has Similar Statutes to Emergencies Act in Canada – Regulation Bitcoin News
U.S. Senator Rand Paul says “statutes that allow presidents or heads of state to invoke emergencies are very, very dangerous.” Commenting on Canada’s Emergencies Act invoked by the Trudeau government, the senator warned, “We have the same sort of statutes here.” Senator Rand Paul Warns of Emergency Act in the US U.S. Senator Rand Paul warned of statutes in the…
Bitcoin And An Addiction To Debt
The life of an addict is characterized by three stages: active addiction, rock bottom and recovery. These stages can overlap, reverse, repeat and do not necessarily occur sequentially. Generally speaking, however, every recovering addict walks this path. It is this author’s opinion that, first of all, addiction is a problem of pandemic proportions. Second, the addiction pandemic is manifest within…
Mexico Senator Proposes Bitcoin Legal Tender Bill—But It’s Unlikely to Pass
In brief Indira Kempis is pro-Bitcoin. Mexico’s president is not. Moreover, Kempis is a member of an opposition party, so her efforts are less likely to gain traction. Indira Kempis, a senator from the state of Nuevo Leon in Mexico, wants to make her country the second in the world to adopt Bitcoin as legal tender, even though the odds…
Ethereum Project Accelerator Decent Labs Ponders Future as DAO
At this year’s ETH Denver conference, decentralized autonomous organizations were the talk of the town—and Decent Labs CEO Parker McCurley was talking about using a DAO as his new business model. “The benefits to becoming a DAO are, once we take care of our initial team members at scale, then we can add contributors from all over the world, with…