In brief The price of Bitcoin hit an all-time high last week before dipping again on Friday. But today it is racing upwards againup 6% in the past 24 hours. Bitcoin is climbing againup 6% in 24 hoursafter having slowed down with its monumental climb last week. At the time of writing, it was trading at $63,609.41, according to CoinGecko.…
During the last few weeks, a project called Worldcoin has been the subject of numerous headlines and speculation. Worldcoin launched on October 21 and aims to be a universal basic income (UBI) crypto asset that gives free tokens to accounts that are verified with a biometric eye scan. The project has privacy advocates reeling and whistleblower Edward Snowden slammed the…
About the author Nathan Tankus is Research Director at the Modern Money Network and writes the newsletter Notes on the Crises. He has also written for the Financial Times, Business Insider, The Guardian, The Appeal, The American Prospect and JSTOR Daily. The views expressed here are his own and do not necessarily represent those of Decrypt. Editor’s note: A longer,…
Crypterium, a self-described fintech startup that aims to bridge the gap between the crypto and traditional economies, has been registered with the Financial Conduct Authority (FCA). Becoming an FCA-registered firm is a fantastic opportunity. From now on, interested parties will view Crypterium in a new light, a company that puts user security and accessibility first, said Crypterium CEO Steven Parker…
By Coinbase Security Team As a part of our mission to build a safe and open financial system, we actively monitor for any security threats not only to Coinbase but to the crypto ecosystem as a whole. As we have discussed in our previous blog post on industry-wide crypto security threats, malicious threats against any crypto user or business are bad…
The biggest regulatory story of the week, if not the year, has been the United States Security and Exchange Commissions lack of opposition to the launch of the first-ever Bitcoin (BTC) exchange-traded funds, which tookeight long years to materialize. While the first ETFs are tracking CME-traded Bitcoin futures rather than the assets spot price, the crypto space is already anticipating…
Many are quick to flock to stablecoins for their ability to de-risk cryptocurrency positions. A stablecoin can be pegged to any perceivably stable asset, for instance, a digital asset like Bitcoin (BTC) or a fiat currency like the US dollar. In theory, if a digital asset was pegged to the US dollar, $100 worth of the digital currency should mean…
Bitcoins (BTC) recent rally has finally broken through to reach widely anticipated new all-time highs. With September being left behind and Uptober delivering on high hopes, many analysts are increasingly confident that the year will play out in the same way as 2017. In fact, a recent tweet from crypto analyst TechDev shows just how closely the price chart for…
Financial services giant Mastercard is set to announce that the thousands of banks and millions of merchants on its payments network will soon be able to integrate crypto into its products, according to a report by CNBC. To do so, Mastercard is partnering with digital asset firm Bakkt, which will provide custody services for the merchants and institutions who sign…
The emerging decentralized finance (DeFi) industry is one of the most innovative areas in crypto, according to the U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler. But that doesn’t mean it can evade regulation, he added. Speaking at the Yahoo Finances All Markets Summit on Monday, Gensler said that while Satoshi Nakamoto, the pseudonymous creator of Bitcoin, was pressing…
