Near Foundation sets up $40M fund to bail out USN investors in case of collapse
Near Protocol’s in-house stablecoin, USN, recently became undercollateralized, forcing Near Foundation to recommend winding down USN to prevent a situation…
Brandt says Bitcoin to hit $13k before setting a new all-time high
Bitcoin is trading above $19k, but Peter…
ASIC fires industry warning shot as it sues BPS Financial over crypto promo
Australia's financial regulator has issued a stark warning to Australian crypto asset providers amid launching civil proceedings against Australian firm BPS…
Key witness called to testify at Terra parliamentary inquiry is a no-show
The CEO of venture capital firm Hashed and early Terra (LUNC) investor Kim Seo-joon has cited “extreme stress” following the Terra crash as the reason for his…
HK and Singapore’s mega-rich are eyeing crypto investments: KPMG
Hong Kong and Singapore’s wealthy elite appear to be looking at digital assets with fervor, after a new report from KPMG suggesting over 90% of family offices and…
Zuckerberg’s $100B metaverse gamble is ‘super-sized and terrifying,’…
A shareholder’s open letter to Meta CEO Mark Zuckerberg has labeled the tech giant's investment into the Metaverse as “super-sized and terrifying.”The shareholder…
Ethereum’s Merge won’t stop its price from sinking
Ethereum’s long-awaited Merge took place in September, shifting it from a legacy proof-of-work (POW) model to the sustainable proof-of-stake (PoS) consensus…
Global Bitcoin payments market projected to reach $3.7B by 2031: Research
The global Bitcoin (BTC) payments market will reach $3.7 billion by 2031, registering a compound annual growth rate (CAGR) of 16.3% from 2022 to 2031, with…
S. Korean watchdog goes after crypto whales to ensure AML compliance
South Korea’s financial watchdog, the Financial Services Commission (FSC), will monitor crypto whales with assets of over 100 million won ($70,000) to prevent…
Volumes on crypto investment products drop to 2-year low: Coinshares
On Oct 24, European cryptocurrency investment firm Coinshare published its Digital Asset Fund Flows Report, which revealed that digital asset investment products…
Tel Aviv Stock Exchange to create crypto platform
The Tel Aviv Stock Exchange (TASE) disclosed on Oct. 24 the creation of a blockchain-based platform to expand its trading services to cryptocurrencies and other…
Pan-African crypto exchange Yellow Card wins virtual asset license
African crypto exchange Yellow Card has received a significant regulatory approval to continue expanding its operations across the continent.Yellow Card has…
Tesla’s Bitcoin losses rise to $170M in the first 9 months of 2022
According to Tesla’s latest Q3 earnings report filed with the United States Securities and Exchange Commission, the electric vehicle (EV) manufacturer disclosed…
Bitcoin ‘6–8 weeks’ from breakout as Hang Seng echoes Lehman Brothers dip
Bitcoin (BTC) waited for cues at the Oct. 24 Wall Street open as expectations of a breakout ran high.BTC/USD 1-hour candle chart (Bitstamp). Source:…
What are governance tokens, and how do they work?
Governance tokens are a type of cryptocurrency that allow tokenholders to vote on the direction of a blockchain project. The primary purpose of governance tokens…
Warren Buffett-backed neobank picks Polygon for Web3 token — MATIC price eyes 100% rally
The price of Polygon’s MATIC (MATIC) coin could double by the end of 2022 or early 2023 due to a mix of extremely bullish fundamental and technical…