Truth Terminal founder’s X account hacked to shill scam memecoin
The hackers responsible for shilling the sham memecoin from Ayrey’s account made off with over $600,000 in ill-gotten gains.
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The Case for a Surging Tokenization Demand Following the COVID-19 Pandemic
One of the most curious and subtle developments of the COVID-19 global pandemic is the surging demand for stablecoins. Their total supply hit an all-time high recently — roughly $7.5 billion — with demand for Tether (USDT) and USD Coin (USDC) soaring.The development implicitly foreshadows financial disruption as desperate emerging market governments, foreign financial institutions…

Centre Freezes Ethereum Address Holding $100K USDC
Stablecoin issuer Centre has confirmed they froze an Ethereum address holding $100,000 USDC at the request from law enforcement. 1717 Total views 19 Total shares Centre, the company that issues the stablecoin USD Coin (USDC) has blacklisted an Ethereum address holding $100,000 in USDC in response to a law enforcement request. In the first of…

Bank of America identifies 20 high profile US companies with crypto exposure
These companies with crypto and digital assets exposure have stocks rated as “Buy” or “Neutral” by Bank of America. 975 Total views 9 Total shares Walt Disney, Fox Corporation, and JP Morgan are among a list of 20 publicly traded U.S. companies with some level of exposure to crypto and digital assets, based on data…

DeFi could solve Africa’s foreign exchange problems, neobank CEO says
The CEO and co-founder of neobank Canza Finance claims that utilizing Baki for foreign exchange trades in Africa creates a hub for African businesses to participate in intra-African and FX trades at a reduced cost. 180 Total views 4 Total shares Forex liquidity and currency swaps are hard to access for many in Africa, which

Bitcoin is Totally Different to Libra: Calibra Head David Marcus
David Marcus, the head of Facebook’s forthcoming cryptocurrency wallet Calibra, said that he is a fan of Bitcoin (BTC) but it is totally different to the proposed Libra stablecoin.Bitcoin is digital gold, Marcus saysIn a Squawk Box interview on Oct. 16, Marcus stated that he has been looking at Bitcoin since 2012 and considers it to…

Bitcoin Mining Council unveils details, confirms Elon Musk has ‘no role’
MicroStrategy boss Michael Saylor heads up the group which aims to foster Bitcoin education. 3994 Total views 5 Total shares The Bitcoin Mining Council made a formal debut on Thursday as the debate regarding the environmental impact of the digital asset intensifies.The Bitcoin Mining Council describes itself as a “voluntary and open forum of Bitcoin…

We are all going public: Privacy rules, tax shelters and the future history of art
After a banner year of 2021 for individual object sales through nonfungible tokens (NFTs), 2022 is poised to be the year of MetaFi. A recap of Beeple, Christie’s, Visa and endless aping-in celebrities hardly feels necessary, except to point out that we seem to be standing on (or perhaps have already crossed over) a fundamental…

Belarus: High Tech Park Releases ‘Complete Legal Regulations’ for Cryptocurrencies
Belarus High-Technologies Park (HTP), a national special economic zone contributing to the IT business, has established the rules for the operation of the cryptocurrency market in the country, according to documents published by HTP Nov. 30.The regulatory documents define the requirements for various types of businesses related to cryptocurrencies and Initial Coin Offerings (ICO), as…