Mark Cuban calls for stablecoin regulation in wake of Iron Finance ‘bank run’
After a bank run on the Iron Finance protocol cost him dearly, Mark Cuban is calling for regulation to define “what a stablecoin is and what collateralization is acceptable.” Billionaire…
Digital land in Decentraland sells for $913K… to a virtual property developer
A virtual real estate investment firm has a new platform record for the most expensive digital land plot in Decentraland’s metaverse after spending $913,000 on 259 parcels. A virtual plot…
Mirror Protocol silently rallies 30% overnight despite crypto market slump
The decentralized finance protocol’s native token MIR jumps over 30% overnight as traders’ attention shifts to its protocol upgrade and Gemini listing. Mirror Protocol (MIR) emerged as one of the…
Mark Cuban Hit by Iron Finance Token Crash, Calls for Defi Regulation
Billionaire investor and Shark Tank star Mark Cuban has called for cryptocurrency regulation focusing on decentralized finance (defi) and stablecoins after a token he invested in collapsed from $64 to…
John McAfee Says the Feds Seized All His Assets: ‘I Have No Hidden Crypto, I Have Nothing, I Regret Nothing’
Antivirus tycoon John McAfee says he has no hidden cryptocurrencies, no assets left as there were all seized by the Feds, no friends, and no regrets. He has shared his…
Neil Patrick Harris Hodls Bitcoin, Partners With Cryptocurrency ATM Operator
Actor and bitcoin investor Neil Patrick Harris has partnered with a leading cryptocurrency ATM operator to help people see “how easy and accessible it is to invest in cryptocurrency and…
World Bank Refuses to Help El Salvador Make Bitcoin Legal Tender Citing Environmental and Transparency Issues
The World Bank has refused to provide technical assistance to El Salvador in implementing bitcoin as legal tender. The bank cited bitcoin’s “environmental and transparency shortcomings” as the reason. World…
Traders search for bearish signals after Bitcoin futures enter backwardation
Analysts search for bearish signals after the June BTC futures trade below spot exchange pricing. An unusual phenomenon called ‘backwardation’ is taking place in Bitcoin (BTC) futures trading, mainly the…
FTX’s Sam Bankman-Fried: Institutions are ‘desperate’ for crypto
Is SBF going to lobby the government on behalf of crypto? How badly do institutions want in on the blockchain game? When’s a moat an impediment to growth, and not…
Shanghai Man: Economist says El Salvador ‘on road to death’, salaries paid in e-CNY …
Former banking heads question foreign financial policies, workers paid with digital yuan in milestone pilot and a large Series A is closed by DeFi platform SynFutures. Our Man in Shanghai…
Bitcoin retests $37K support, gold and stocks drop lower over Fed comments
Steady BTC inflows to crypto exchanges and fallout from the Federal Reserve’s plan to hike interest rates dropped Bitcoin price to the $37,000 support. Bitcoin (BTC) price dropped another notch…
GOP U-turn: House Republicans begin accepting cryptocurrency donations
The GOP will accept crypto contributions through BitPay, allowing them to convert assets like Bitcoin and Ether into U.S. dollars. The National Republican Congressional Committee, or NRCC, announced Thursday that…
Not sure if the bulls are back? Here’s how the golden cross spots trend reversals
This key moving average convergence is a strong signal that the market is shifting from bearish to bullish. The most important aspect in trading is to correctly identify the long-term…
NASCAR driver opts for crypto payment in sponsorship deal
“There are a handful of pilots who like crypto, but I am probably one of the ones who has been around long enough and I am quite comfortable with how…
NBA 76ers joins fan token platform Socios
The platform has previously partnered with an NHL team as well as the UFC, but this is the first time an NBA franchise will integrate its branding. Socios, the blockchain-based…