Tether slams JPMorgan analysts for saying it may need to sell Bitcoin
Tether criticized analysts at JPMorgan who speculated the issuer may need to sell its Bitcoin holdings to comply with newly proposed US stablecoin bills.
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Venture Capitalist Fred Wilson Revises His Bullish Opinion on Ether
Fred Wilson, a financier and co-founder of venture capital firm Union Square Ventures, has revised his bullish opinion on Ether (ETH).Back in 2017, Wilson had suggested the market capitalization of Ether will bypass the market capitalization of Bitcoin (BTC) and eventually be worth more per coin. However, in a Sept. 4 blog post, Wilson acknowledged ETH has fallen short…

South Korea’s Fintech Sandbox Creates 380 New Blockchain Jobs
South Korea's regulatory sandbox has graduated several projects, resulting in the creation of 380 blockchain-related jobs and over $110 million in new investments. 959 Total views 45 Total shares South Korea’s regulatory sandbox has helped create almost 380 blockchain and other fintech jobs and generated around $110 million in investments.According to Shina Ilbo, the sandbox…

Crypto Will Eventually Replace Fiat, but How Soon and Where?
A recently unveiled Deutsche Bank “Imagine 2030” report boldly puts a date on the eventual fiat–crypto “social consensus flip,” citing the Asian continent and, in particular, China, to have already recognized the trend. If true, then what every cryptocurrency speculator and investor would like to know is, when will it happen? The current landscape is…

'Bitcoin Macro Index' bear signal puts $110K BTC price return in doubt
Bitcoin price metrics taking an extended break from bullish upside is “not great,” the creator of the Bitcoin Macro Index says, but hope remains for a comeback. Bitcoin (BTC) risks falling into a fresh bear market as a large collection of BTC price metrics has produced a “bearish divergence.” In a social media discussion on

Investor losses legal battle against Bithumb for 2017 data breach incident
The user claimed to have lost a massive amount of money due to Bithumb’s negligence. 768 Total views 23 Total shares According to news agency Yonhap, Bithumb will not have to repay a crypto investor who allegedly lost $401,000 as a result of a 2017 data breach suffered by the firm.A High Court judge determined…

Bitcoin still lacks $60K support as BTC price nears $100M liquidity zone
Bitcoin traders are upping the stakes amid a tightly rangebound few days for BTC price action.

EOS Network rebrands to Vaulta in shift to Web3 banking
EOS Network, the blockchain with the largest-ever initial coin offering, has rebranded to Vaulta as it pivots into offering Web3 banking services. The EOS Network, a blockchain that launched in 2018 amid the initial coin offering boom, has rebranded to Vaulta and will pivot to focusing on Web3 banking. The switch to Vaulta is tentatively

Thailand reportedly exempts 7% crypto tax for traders on authorized exchanges
The revised tax policy exempts crypto traders from the mandatory 7% VAT on authorized exchanges while offering tax exemptions of up to 10 years for crypto startup investors. 322 Total views 35 Total shares The finance ministry of Thailand has reportedly eased up crypto tax regulations to promote investment in the digital asset market.The changes…