Former Comptroller of the Currency and Binance.US CEO Brian Brooks has been announced as the new CEO of crypto (BTC) mining firm BitFury. According to a Nov. 4 announcement from Bitfury, Brooks was appointed last Friday and he will lead the firm as it prepares for a new funding round. Bitfury founder and former CEO Valery Vavilov will serve as…
Former Goldman Sachs hedge fund manager and founder of Real Vision, Raoul Pal, believes that the social media pundits are wrong and the crypto market cycle wont end this year. But things might get a bit hairy on the way. In a Real Vision interview on Nov. 3rd Pal predicted that the current bull run wont end in December as…
The Financial Services Commission (FSC) in South Korea reaffirmed in a public statement today that nonfungible tokens (NFT) are not virtual assets, and will not be regulated. The confirmation of the decision to keep NFTs unregulated came after a review of the Financial Action Task Forces (FATF) updated guidelines. The October 28 guidance report from FATF states that NFT, or…
Warner Bros., the American multinational mass media and entertainment conglomerate has announced the launch of non-fungible token (NFT) collectibles for the upcoming film “The Matrix Resurrections” after dropping official Space Jam NFT collectibles. The Matrix NFT program will start on November 30 as Warner Bros. plans to drop 100,000 Matrix Resurrections’ NFTs. ‘You Take the Blue Pill…the Story Ends —…
Crypto leaders are divided over whether Mark Zuckerberg should lead Facebook into the Metaverse, with Hodl Assets Jenny Ta saying he needs to resign if Meta is to succeed while Animocas Yat Siu says Zuck is the only one who can drive the company forward. Ta is the Chief Operating Officer (COO) of nonfungible token (NFT) platform developer Hodl Assets,…
press release PRESS RELEASE. 3air is using an ISP platform built on Cardano to provide internet to the most unconnected regions in Africa. November 2nd, 2021, Dubai, UAE – Today, 3air, a blockchain-based startup, announced it will leverage the power of decentralization to provide internet connectivity to consumers in Africa and provide the physical infrastructure to support this through its…
Legal experts have warned that a section of the Infrastructure Bill, which is due for a vote today, amends a part of the tax code and makes a failure by businesses and individuals to report digital asset transactions a criminal offense. University of Virginia School of Law lecturer Abraham Sutherland said it is a separate provision to the controversial broker…
Paytm, one of India’s largest payments companies, is open to offering bitcoin services if the crypto asset becomes legal in the country, according to its chief financial officer. If bitcoin “was ever to become fully legal in the country, then clearly there could be offerings we could launch,” he said. Paytm Open to Bitcoin Offerings Paytm Chief Financial Officer Madhur…
Australian fund management company BetaShares new crypto company ETF smashed Australian Securities Exchange (ASX) records within the first 15 minutes of listing. The Capital Appreciation Portfolio Diversification (CRYP) fund enables investors to gain exposure to 50 pure-play listed crypto companies from around the world such as exchanges, mining companies and equipment firms. Some of the top companies on CRYP include…
One of the ANZ banks senior executives has told a Blockchain Australia forum that the crypto sector has grown too big to be ignored by traditional finance. The comments came a day after rival Commonwealth Bank announced that it would roll out crypto trading services for 10 digital assets via its Commbank app. The State of Play forum was held…
