Japan Ministry of Economy launches Web3 policy office
The new body will bring together the financial regulators and creative industries to formulate the policies in the Metaverse. In an important landmark for the buzzword, The Ministry of Economy,…
74% of public agencies feel under-equipped for crypto investigations: Report
Law enforcement and regulatory agencies investigating cryptocurrency-related incidents need better data, training and private partnerships, according to an industry survey conducted by Chainalysis. A public agency survey conducted by blockchain…
5 Best NFT Cryptocurrency to Buy on Cheap Prices – July 2022 Week 4
The cryptocurrency market has been falling again after positive gains last week. At $1.01 trillion, its total cap is down by 8% since Friday, and by 5.5% in a week.…
Tesla made realized gains of $64M from its Bitcoin sale
Tesla’s Q2 2022 earnings call showed that the electric car maker sold most of its Bitcoin holdings for nearly $1 billion. The company netted a hefty profit despite the recent…
US lawmakers postpone bill addressing risks posed by stablecoins
The House of Representatives in the US has postponed a bill that addresses the risks derived from the use of stablecoins. The voting for the bill will be delayed until…
CFTC chair advocates for restructuring for better regulations
The US Commodity Futures Commission (CFTC) is set to restructure its operations to achieve proactiveness and become more comprehensive in regulations. The CFTC is the regulatory agency tasked with regulating…
Binance CEO Changpeng Zhao Accuses Bloomberg Businessweek Hong Kong For Being “Unprofessional.”
CZ has accused Bloomberg Businessweek Hong Kong of being unprofessional Binance’s CEO has accused Bloomberg business week Hong Kong of issuing defamatory statements against him and Binance. The CEO of…
SEC Reportedly Investigating Coinbase Over Cryptocurrency Listings
Coinbase is facing an SEC investigation over its cryptocurrency listings, according to a Bloomberg report. The report claims that the SEC is investigating whether the exchange lets users trade assets…
NFT Market Projected to Reach $200 Billion in 2030
A new report is predicting that the total value of the NFT market will reach $200 billion in 2030. The report, issued by Grand View Research, a multinational market insights…
FTX CEO Sam Bankman-Fried Believes Crypto Will Thrive in Latam
Sam Bankman-Fried, CEO of FTX, believes that the future of crypto is bright in Latam. In a recent interview, Bankman-Fried recognized the rising adoption and demand that cryptocurrencies are experiencing…
FBI Warns Crypto Owners Not to Fall for ‘Liquidity Mining Scam’
The Federal Bureau of Investigation (FBI) has warned crypto investors about a scam using an investment strategy called liquidity mining. “This scam has been responsible for over $70 million in…
Institutional ETH sentiment turns positive after 11 weeks of outflows
For the week ending July 15, ETH investment products posted $120 million worth of inflows, marking the largest weekly inflows for the asset since June 2021. Institutional sentiment toward Ether…
‘Extreme demand’ for BTC at $20K creating new support levels: Glassnode
The latest analysis by Glassnode suggests that the worst of the sell-offs could be concluded, but the market still needs time to recover. “Extreme” demand at the $20,000 price point…
Binance CEO sues Bloomberg subsidiary alleging defamation
A Bloomberg article was republished by its Chinese subsidiary using the title “Zhao Changpeng’s Ponzi Scheme.” Binance CEO Changpeng Zhao is suing Bloomberg Businessweek in Hong Kong, accusing the outlet…
Square Enix partners with Enjin to launch Final Fantasy VII collectibles
Fans can pre-order Final Fantasy VII’s 25th-anniversary figures at the Square Enix store while the digital collectibles will be available in 2023. Game development giant Square Enix partnered with nonfungible…