$4.2 trillion asset management firm Fidelity Investments is reportedly working towards offering Bitcoin trading services to its 34.4 million retail investor base, according to Galaxy Digital CEO Mike Novogratz and people familiar with the matter. While Fidelity hasn’t officially confirmed plans to incorporate crypto onto its retail platform, Novogratz told a conference audience in New York on Sept. 12, that…
Month: September 2022
Ripple co-founder Jed McCaleb adds space station-building to resume
Blockchain technology pioneer Jed McCaleb is shifting some of his focus to a new frontier, space. The prominent crypto billionaire announced the launch of his new venture “Vast” on Sept. 12, which is aimed at expanding “human habitation in space” — “enabling a future where millions of people are living across the solar system.” According to a company statement, the…
Uruguay Introduces Cryptocurrency Law in Parliament – Regulation Bitcoin News
A new cryptocurrency bill project was introduced by the executive power to the Parliament of Uruguay. The bill seeks to clarify how crypto assets will be regulated in the country, giving the Central Bank of Uruguay competence over cryptocurrency assets, modifying its organic charter, and introducing the Superintendence of Financial Services as the organization to oversee virtual asset service providers.…
Mean Girls set to make Web3 comeback as “crypto-collectibles”
According to tweets shared by licensed trademark attorney Mike Kondoudis, Paramount Pictures filed two trademark applications on Sept. 7 for the early 2000s teen comedy which stars former Disney actress Lindsay Lohan. Paramount Pictures has filed 2 trademarks for MEAN GIRLS! The filings claim plans to expand the #MEANGIRLS brand into:▶️ NFTs + NFT-backed media▶️ Crypto-collectibles▶️ NFT + Crypto-collectible transfer…
Indian Authorities Unfreeze Wazirx’s Bank Accounts, the Crypto Exchange Says – Exchanges Bitcoin News
India’s Enforcement Directorate (ED) has unfrozen the bank accounts of cryptocurrency exchange Wazirx, the company said. The accounts were frozen as part of the federal agency’s investigation into 16 fintech companies and instant loan apps. Wazirx Says Its Bank Accounts Are Now Unfrozen Indian cryptocurrency exchange Wazirx said Monday that the Enforcement Directorate (ED), the law enforcement and economic intelligence…
Canadia’s new opposition leader is a Bitcoiner
Canadian politician and noted crypto advocate Pierre Poilievre has taken the helm of Canada’s Conservative Party, which looks set to give the current administration a run for its money in the next federal election. The pro-crypto politician reportedly won the leadership of the Conservative Party of Canada in a landslide victory on Sept. 10, securing 68.15% of the electoral points…
CBDCs Will Lead To Increased Bitcoin Adoption – Bitcoin Magazine
This is an opinion editorial by Pierre Gildenhuys, the co-founder of a Hong Kong based social environment tech startup. Central bank digital currencies (CBDCs) are being actively developed and discussed in many major nations in the world including 19 of the G20 countries, and around 105 others worldwide, as shown by Atlantic Council statistics in 2022. They are being advanced…
Ubisoft cools off on NFTs and blockchain, says it’s in ‘research mode’
Yves Guillemot, the CEO of French gaming giant Ubisoft appears to have cooled the rhetoric behind the company’s NFT gaming project Quartz, noting in a recent interview that it was merely in “research mode” concerning Web3 tech integrations. It’s a relatively different take from other Ubisoft execs in the past, including chief financial officer Frédérick Duguet who in October stated…
Merge ‘jitters’ sees outflow from Ether-based investment products
Institutional investors may be wavering ahead of the Ethereum Merge, with digital asset investment products seeing an outflow of $61.6 million of Ether (ETH), signaling concerns about the success of the upgrade. In its digital asset fund flows weekly report, fund manager CoinShares reported that Ether-based investment products made up for the majority of total outflows over the Sept. 5-11…
Ex-Coinbase Product Manager’s Brother Pleads Guilty in Crypto Insider Trading Case
Nikhil Wahi, brother of former Coinbase product manager Ishan Wahi, pleaded guilty in a Monday hearing to one count of conspiracy to commit wire fraud in connection with an alleged insider trading scheme. “Less than two months after he was charged, Nikhil Wahi admitted in court today that he traded in crypto assets based on Coinbase’s confidential business information to…