Bitcoin and several altcoins are stuck in a tight range, indicating that a breakout is brewing. A large part of the recent leg of Bitcoin’s rally started after BlackRock filed to list a spot Bitcoin exchange-traded fund (ETF) on June 15. Several applications by other firms have been rejected by the United States Securities and […]
Maple Finance announces direct lending to fill the void left by BlockFi, Celsius
The lending platform’s team will begin offering loans directly to some borrowers instead of relying solely on pool delegates to provide capital. Web3 lending platform Maple Finance has announced the launch of a direct lending program, according to a June 28 fact sheet from the platform’s development team. The program is intended to replace services […]
Op-ed: Why the SEC should stay away from crypto (Part III)
This article is the final part of a three-part series. We suggest reading parts one and two for context. As The Wall Street Journal highlighted in a recent article, Coinbase’s argument around their successful IPO presents a “novel” defense in court. As most of us are aware, when Coinbase went public, it had already listed several […]
KuCoin to introduce mandatory KYC, ending deposits for non-verified users
Crypto exchange KuCoin announced on June 28 that it will soon implement mandatory know-your-customer (KYC) checks for its users, a significant shift from their past policies New KYC rules begin in July KuCoin said that new customers will need to complete KYC checks to access its trading platform and other services starting on July 15, […]
All VCs investing in AI, InQubeta & Ocean Protocol are seeing a surge in investor interest
The InQubeta (QUBE) presale has generated so much buzz that even venture capitalists are buying up sizable holdings, as many are eager to attach themselves to what appears to be the next major technological breakthrough: artificial intelligence (AI). Ocean Protocol (OCEAN) has also seen a surge in investor interest thanks to its innovative platform allowing […]
BIS, 3 central banks look at DeFi technology for wCBDC FX in interim project report
Project Mariana uses an automated market maker to reduce settlement risk and to create a liquidity pool in place of order books. The Bank for International Settlements (BIS) Innovation Hub published an interim report on Project Mariana, its collaboration with the central banks of France, Singapore and Switzerland, on the use of wholesale central bank […]
Blackrock’s Influence Fuels Soaring Bitcoin Interest, Google Trends Data Shows
Over the past 30 days, the popularity of the term “bitcoin” has surged significantly, as indicated by Google Trends metrics. On June 21, 2023, the search term bitcoin achieved a perfect score of 100. Notably, the curiosity surrounding bitcoin-related news has also experienced a notable uptick this past month. In particular, topics such as Blackrock’s […]
Reclusive Binance co-founder Yi He speaks on SEC case
Binance’s famously private co-founder and CMO, Yi He, commented on the company’s regulatory standing in an interview published by Bloomberg on June 28. Yi He discusses regulations In several interviews, Yi He commented on regulatory challenges, noting: “If [regulators] really took the time to understand our industry, they would see that if Binance isn’t compliant, […]
Indonesia Bitcoin Conference 2023 To Take Place In Bali
The Indonesia Bitcoin Conference 2023 is set to take place on October 26-27 at the Prime Plaza Hotel in Bali, bringing together a diverse group of individuals interested in Bitcoin’s potential to revolutionize the financial industry. With over 40 speakers, the conference will offer attendees the chance to engage with top minds in the field, […]
Germany launches dog-themed NFTs to fetch cyber talent: Nifty Newsletter, June 21–28
The German foreign service created a dog-themed NFT collection in the form of a treasure hunt to recruit and test new cyber talent. In this week’s newsletter, read about the German foreign intelligence agency issuing a dog-themed nonfungible token (NFT) treasure hunt and check out the new NFT stamp collection from the autonomous territory of […]