SEC expands Binance lawsuit: AXS, FIL, ATOM now securities
The SEC’s latest lawsuit update targets additional tokens like Axie Infinity, Filecoin and Cosmos as unregistered securities, continuing its crackdown on the crypto industry.
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Bitcoin is on target to hit $288K as US money velocity collapses in Q2
There is “too much money to spend,” and this will help Bitcoin (BTC) reach its next phase of huge price increases, analysts believe.In a blog post on Aug. 25, Jeroen Blokland, portfolio manager at asset manager Robeco, noted that U.S. M2 money velocity had hit historic lows.“Too much money to spend”Velocity measures the speed at…

How blockchain tech and dMRV can help carbon trading markets
There is a global consensus that greenhouse gas (GHG) emissions are warming the planet, but efforts to accurately measure, report and verify these emissions continue to challenge researchers, nonprofits, corporations and governments. This is especially the case with “nature-based” projects to reduce carbon dioxide levels, like planting trees or restoring mangrove forests.This has inhibited the development

Bitcoin millionaires surge 111% in a year amid crypto rally
There are now 85,400 Bitcoin millionaires, more than double the amount from last year.

Bitcoin Lightning Network Capacity Surpasses $2 Mln Despite Bear Market
The capacity of the Bitcoin (BTC) Lightning Network (LN) has surpassed $2 million on Sunday, Dec. 23, according to data provided by BTC statistics website bitcoinvisuals.com.Despite the year-long bear market, combined with the recent market crash dubbed the “crypto winter,” the Bitcoin Lightning network has seen strong growth throughout 2018.As of Dec. 23, node channels…

BlockFi employees were discouraged from describing risks in internal communications: Report
According to a former employee, an internal team at BlockFi raised concerns about the borrower pool being too concentrated among crypto whales, such as Three Arrows Capital and Alameda. 346 Total views 2 Total shares Own this piece of crypto history Collect this article as NFTFollowing BlockFi’s Chapter 11 bankruptcy filing at the United States…

Oxfam Trials Aid Distribution With DAI, Future Use ‘Highly Likely’
Throughout May 2019, United Kingdom-based nonprofit organization Oxfam International executed a month-long trial that saw MakerDAO’s DAI stablecoin distributed as a means of exchange among citizens of Vanuatu. The Oxfam initiative, named UnBlocked Cash, was conducted in partnership with MakerDAO, ConsenSys and Australian tech startup Sempo. The Australian government also supported the program.Tsunamis, cyclones and…

Coinbase Wallet Users Can Back Up Encrypted Keys on Google Drive and iCloud
Users of Coinbase Wallet can now back up their private keys on Google Drive or iCloud, according to an official announcement on Feb. 12.In the statement, Coinbase states that allowing users to upload their keys to a cloud provides a safeguard against lost keys, will will help them avoid losing funds should the keys be…

Trump’s CFTC pick uses Farcaster to tout nomination
Brian Quintenz’s use of the Web3 social media platform signals his friendly stance toward crypto.