Multi-asset exchange wins crypto trading license in Bermuda
Bermuda Premier David Burt said that 24 Exchange’s regulatory approval is the “first license of its kind to be issued in Bermuda.” A multi-asset class trading firm in Bermuda has…
It is time for the US to create a ‘Ripple test’ for crypto
The SEC’s approach to crypto must be modified to more clearly articulate how securities laws should apply to digital assets. Most crypto enthusiasts are less than pleased with the United…
Digital yuan pilots expand to insurance industry for the first time
China’s central bank digital currency can now be used on insurance policies that offer various levels of compensation for diagnosis of or death due to COVID-19. China’s nascent central bank…
Shiba Inu (SHIB) Subreddit of r/ShibArmy Exceeds 200k Subscribers
The Shiba Inu subreddit community of r/Shibarmy has exceeded 200k subscribers r/Shibarmy now has over 201,521 members ShibaSwap is now listed on DappRadar’s DeFi rankings coming in at number 11…
China Offers Medics Digital Yuan Insurance Policy for Covid-19
China’s first insurance policy using the digital yuan for settlement has been issued in Shenzhen, local media reported. The new product, targeting medical personnel exposed to coronavirus risks, is offered…
US Senators Seek to Forbid American Athletes From Receiving and Using Digital Yuan During Beijing Olympics
Three U.S. senators have urged the United States Olympic & Paralympic Committee to forbid American athletes from receiving or using digital yuan during the Beijing Olympics. Raising many concerns, including…
HOPR Staking Lets You Earn Rewards and NFTs While Supporting Data Privacy
The HOPR protocol provides network-level and metadata privacy for every kind of data exchange. Designed to be better than TOR, the mixnet protects the identity of both sender and recipient…
EU Proposes Law to ‘Ensure Full Traceability’ of Crypto Transfers, Ban Anonymous Wallets
The European Commission has proposed legislation to “ensure full traceability of crypto-asset transfers, such as bitcoin,” in order to prevent and detect “their possible use for money laundering or terrorism…
GPU price inflation dips slightly as Ether downtrend continues
With Ether sinking below $2,000, the price of graphics cards has seen a further decline from June to July. Graphics processing units (GPUs) have become a little cheaper in July…
Kraken CCO will join crypto exchange Bitstamp to run US operations
“We doubled our U.S. team in 2021 and expect to triple the team by 2022,” said Robert Zagotta. Cryptocurrency exchange Bitstamp has hired Robert Zagotta, chief commercial officer of Kraken,…
Bitcoin security still a concern for some institutional investors
Security of cryptocurrency custodial services is still among significant hurdles preventing institutional investors from buying crypto for the first time, new data suggests. United Kingdom-based crypto fund Nickel Digital Asset…
Trading firm of richest crypto billionaire reveals buying ‘a lot more’ Bitcoin below $30K
Alameda Research, headed by Sam Bankman-Fried, whose net worth lately has reached over $8 billion, has upped its Bitcoin buying around its key psychological support of $30,000. Bitcoin’s (BTC) painful…
Grayscale’s Litecoin Trust (LTCN) is Trading at a 463.95% Premium
Grayscale’s Litecoin Trust (LTCN) is trading at a 463.95% premium Each LTCN is trading at $59.83 in pre-market trading Each LTCN represents 0.09187613 LTC which is an actual value of…
BNY Mellon joins State Street to service new crypto exchange
Traditional financial institutions like State Street and BNY Mellon continue to get involved in the fast evolving cryptocurrency space. Bank of New York Mellon is joining a new cryptocurrency initiative…
Many JPMorgan clients see Bitcoin as asset class, says senior exec
“The volatility you see in it today just has to play itself out,” JPMorgan’s director of asset and wealth management said. Despite Bitcoin (BTC) not yet emerging as an “asset…