Crypto lending platform Nexo allocates $12M for ecosystem incentives
The rewards will be active until July 7 and will incentivize users to trade, earn, deposit, and borrow on the platform.
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NYSE Parent Company Reveals Launch Date for Bitcoin Futures on Bakkt Platform
The parent company of the New York Stock Exchange (NYSE), Intercontinental Exchange (ICE), has announced the launch date for Bitcoin (BTC) futures on its platform Bakkt, according to a document released Oct. 22.Bakkt is a platform for trading, storing, and spending digital assets that was established earlier this year by global exchange operator ICE.Per the…
Blockchain-Based Ad Startup to Refund Contributors if Development Milestones Aren’t Met
A digital advertising startup with the goal of “building a better internet” for web users, publishers and advertisers is embarking on the second round of its token offering – but with a twist.Varanida says its blockchain has been built for three reasons: improving transparency for brands, increasing revenue for publishers, and giving the public a…
Leaked copy of US draft bill shows DeFi and DAOs under regulatory lens
The draft bill proposes to eliminate anonymous crypto projects, with DAOs, DeFi and exchanges required to legally register in the United States. 467 Total views 3 Total shares A leaked copy of a United States draft bill concerning cryptocurrency started doing the rounds on Twitter earlier on Tuesday. The 600-page copy of the leaked bill…
US Senate confirms CFTC chair as President Biden announces commissioner picks
At his October confirmation hearing, Rostin Behnam said it was "critically important to have a primary cop on the beat" of an emerging market that included cryptocurrencies and stablecoins. 399 Total views 11 Total shares Congressional lawmakers confirmed the nomination of Rostin Behnam, a commissioner at the Commodity Futures Trading Commission who had been serving…
Pantera’s Founder Foresees $100K+ Bitcoin On the Horizon
Dan Morehead is more conservative in his Bitcoin price predictions than his firm Pantera Capital, though both agree that it will hit $100,000. Pantera Capital is the oldest Bitcoin investment firm in the United States. When the company’s founder, Dan Morehead, was asked to make a Bitcoin price prediction during a recent interview, he first…
No crypto for criminals: Coinjoin BTC mixing tool to block illicit transactions
The founder of the Wasabi Wallet called the decision a major setback for Bitcoin’s fungibility, while one of the developers advocated for the use of other privacy coordinators over zkSNACKs. 518 Total views 27 Total shares CoinJoin, a popular Bitcoin (BTC) mixing tool, will block transactions associated or flagged as illegal. The announcement came from…
FCA will ‘absolutely’ consider recent stablecoin depegging when drafting crypto rules: Report
The United Kingdom's Economic and Finance Ministry announced in April that it would work to incorporate stablecoins into a regulatory framework on digital assets. 112 Total views 32 Total shares Sarah Pritchard, the executive director of markets at the United Kingdom’s Financial Conduct Authority, or FCA, reportedly said the regulator will look at the recent…
BAYC investors have less than a week to join class action against Yuga Labs
Troubled cryptocurrency fintech Yuga Labs is about to face more lawsuits in relation to its nonfungible tokens (NFT) collection, Bored Ape Yacht Club (BAYC) and other projects.Rosen Law Firm, a global law firm focused on investor rights’ protection, announced on Jan. 30 that it’s planning to file a class action lawsuit against Yuga Labs. Rosen invited…