ZkSync says 695K wallets eligible for next week’s ZK token airdrop
The Ethereum scaling blockchain set aside two-thirds of its 21 billion ZK token supply to give to its community, with select users the first to get a share.
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DeFi enforcement sparks dissenting opinion from CFTC commissioner
The commissioner advocates public and stakeholder engagement through rulemaking, not just enforcement. 129 Total views 3 Total shares Commodity Futures Trading Commission (CFTC) Commissioner, Commissioner Summer K. Mersinger, has said that he is concerned that the United States CFTC is considering enforcement actions related to decentralized finance (DeFi) protocols rather than engaging with the public.In

Bitcoin returns to $40K, liquidating over $50M of shorts in hours
It's sudden death for those who were shorting Bitcoin or altcoins on Feb. 4, as major upside levels reappear after a two-week absence. 1954 Total views 17 Total shares Bitcoin (BTC) returned to $40,000 for the first time in two weeks during Feb. 4 as Wall Street volatility proved a boon for BTC bulls.BTC/USD 1-hour…

Bitcoin market cap will match JPMorgan’s if the $16.5K CME gap closes
The sentiment around Bitcoin (BTC) has become noticeably positive after the breakout above $12,000 in August. If this momentum continuously strengthens over the medium term and BTC hits $16,500, it would equal JPMorgan’s market cap.Earlier today MMCrypto, an on-chain analysis firm, outlined major financial and tech conglomerates’ valuations relative to BTC’s potential price. At the…

Why are artificial intelligence tokens going parabolic? Watch Market Talks live
Join us as we discuss the reasons behind the recent price rally of artificial intelligence tokens. 282 Total views 2 Total shares Own this piece of history Collect this article as an NFTIn this week’s episode of Market Talks, Cointelegraph welcomes Average Joe’s Crypto, a research analyst and writer. He authors his own blog, which…

40 German Banks Seek Regulator’s Green Light to Offer Bitcoin Custody
On the heels of new Anti-Money Laundering laws, several German banks are reported to be seeking regulators’ go-ahead to offer digital assets services. Local newspaper Handelsblatt reported on Feb. 7 that Germany’s Federal Financial Supervisory Authority (BaFin) is dealing with a cascade of applications from 40 banks seeking to become regulated cryptocurrency custodians. As of Jan. 2020,…

The curious case of Coinbase — employees driven out by ‘apolitical’ stance
America’s largest cryptocurrency exchange, Coinbase, made headlines over the past few weeks for an internal culture change that effectively told employees that there will be no space for social activism within its walls. Furthermore, a recently leaked audio apparently reveals that most employees approve of the new direction.The “apolitical” stance that is being adopted by the…

Fed’s Quarles says regulators should show ‘constraint’ on stablecoins to avoid hampering innovation
Quarles said some of the approaches on stablecoin regulation from the President's Working Group on Financial Markets’ November report are unnecessary. 249 Total views 10 Total shares Speaking publicly for the last time as a member of the Board of Governors of the Federal Reserve System, Randal Quarles urged regulators to exercise restraint on stablecoins.In…

‘Americans Are Getting Screwed’ With Lab Testing, Says Pomp Interviewee
Julia Cheek, CEO of at-home medical testing company Everlywell, called U.S. lab testing problematic. 915 Total views 33 Total shares In a recent interview with Anthony "Pomp" Pompliano, Julia Cheek, CEO of home medical testing company Everlywell, called for major reform in the U.S. lab testing sector. “I’ve been fighting this battle for five years, talking…