As the United States House Financial Services Committee looks to further impede the introduction of a digital dollar, where does this resistance to a CBDC stem … Source: https://cointelegraph.com/app/public/index.php/news/redefining-money-america-digital-currency-cbdc
Binance Holdings, its U.S. counterpart, and CEO Changpeng Zhao have filed motions seeking the dismissal of a lawsuit against them by the SEC. Source: https://cointelegraph.com/app/public/index.php/news/binance-ceo-chanpgeng-zhao-asks-court-dismiss-sec-lawsuit
Bitcoin’s 150% gains over the last two years in Argentine pesos is no match for the country’s 300% inflation in the period. Source: https://cointelegraph.com/public/index.php/news/bitcoin-all-time-high-argentina-hyperinflation-outpaces-gains
Major European cryptocurrency asset manager CoinShares is launching a hedge fund division in the United States despite the country’s tough crypto regulation climate. CoinShares officially announced the news on Sept. 22, stating that the firm will roll out its offerings for qualified U.S. investors for the first time ever. The new division, called CoinShares Hedge Fund Solutions, is the company’s…
For too many Web3 projects, marketing is often an afterthought. The prevailing wisdom is that a visionary founder will generate a killer idea that will get VCs frothing, use their funding to hire a superstar developer (or an entire team of them) and bring the vision to life via the medium of code. Once there’s a minimum viable product (MVP)…
In a year filled with uncertainty in the cryptocurrency space, a new trend has been unraveling: a stablecoin exodus that has now lasted for 18 consecutive months and has seen the market dominance of stablecoins drop to 11.6%. According to a report from CCData, the total market capitalization of the stablecoin sector in July was $124 billion amid a 18-month…
Bitcoin’s 150% gains over the last two years in Argentine pesos is no match for the country’s 300% inflation in the period. Source: https://cointelegraph.com/app/public/index.php/news/bitcoin-all-time-high-argentina-hyperinflation-outpaces-gains
Investors are actively scooping FTX claims in an unregulated market for bankruptcy claims, according to a Bloomberg analysis of FTX’s court documents. According to Claims Market data, FTX debts are trading at approximately 35% of their original claim value. The claims can represent anything from customer deposits to electricity bills owed by the exchange. Bloomberg’s analysts recorded a sale of…
The prominent crypto and blockchain analytics company Nansen posted on social media platform X that one of its third-party vendors suffered a security breach that affected 6.8% of its users. According to Nansen, the breach gave hackers access to admin rights for an account used to “provision customer access” to its platform. Important update from us at Nansen. Please take…
Web3 art platform The Island has a mission: to onboard museums to the digital art world. Launched last week by founders Marcin Wiszniewski and Sébastien Montabonel, The Island’s inaugural commission is a series of 60 “on-chain art” pieces created by internationally acclaimed artist Stefan Brüggemann. The series will be displayed at the Dubai Art Fair curated section in March 2024,…
