Hong Kong virtual banks eye Web3 growth despite regulatory hurdles
Despite capturing just 0.3% of retail bank assets, Hong Kong’s virtual banks are exploring opportunities in the Web3 space.
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Iota’s ShimmerEVM joins Fireblocks, targets demand for assets tokenization
The Iota Foundation wants to capitalize on institutional demand for real-world asset tokenization, which reached $342 billion in September. 319 Total views 2 Total shares Open-source blockchain developer Iota has taken another step to meet institutional demand for asset tokenization by integrating its Shimmer Ethereum Virtual Machine (EVM)-compatible chain with Fireblocks.Data from VanEck Research shows

Why is Cardano (ADA) price up today?
ADA price is up today as investors show excitement over Cardano’s upcoming hard fork.

New ATH renews faith in PlanB’s prediction of $98K BTC by December
Will Bitcoin break above six figures before Christmas? PlanB’s Stock-to-Flow model suggests $100,000 BTC could be imminent. 695 Total views 14 Total shares Bitcoin (BTC) has broken into new all-time highs, with the asset last changing hands in the mid $67,000-range.During the final hour of Nov. 8 UTC time, BTC pushed into uncharted prices, with…

BTC hodlers outperformed crypto funds by 69% in H1 2023: 21e6 Capital AG
The classic buy and hold, or HODL approach to Bitcoin (BTC) outperformed the majority of crypto funds by 68.8% in the first half (H1) of 2023. According to data from Switzerland-based investment adviser 21e6 Capital AG, on average, crypto funds generated returns of 15.2% in the first half of 2023 (Jan.1 to June 30) ,…

‘Crypto FUD’ — Industry outraged as White House report slams crypto
Crypto executives have expressed irritation over the latest White House economic report — which notably features an entire chapter dedicated to casting doubts on the merit of digital assets.The Economic Report of the President, released March 20, marks the first time the White House has included a section on digital assets since it first began…

Carpe ‘Diem’: Lawsuit threatened over Facebook’s Libra rebrand plan
Facebook’s plan to rebrand its stablecoin project from Libra to Diem has been met with legal threats from a small European start-up of the same name. 114 Total views 3 Total shares Facebook has been hit with threats of legal action over its plan to rebrand the Libra stablecoin project to ‘Diem’ from a finance…

Caroline Ellison: Secret recording offers trove of explosive revelations
The ongoing trial of former FTX CEO Sam Bankman-Fried has uncovered a series of explosive revelations in the form of testimonies from former key FTX and Alameda Research executives. The latest court proceedings on Oct. 12 saw former Alameda CEO Caroline Ellison testify for the third day, following which the jury was presented with a recording

Is this the top? CNBC tips five months of Bitcoin upside
“This is the death knell of Bitcoin. It was fun whilst it lasted. $3K here we come.” 845 Total views 1 Total shares A bullish Brian Kelly of CNBC’s Fast Money said today that Bitcoin’s gains may extend to a full year after the halving — which many members of Crypto Twitter immediately took as…