Bitcoin won’t hedge inflation until it hits 1B wallets: Scaramucci
The Skybridge Capital CEO said Bitcoin needs much more proliferation before it can act as an inflation hedge. Skybridge Capital...
Day: August 22, 2022
Telegram founder suggests ‘NFT-like smart contracts’ to auction usernames
“Imagine how successful Telegram with its 700 million users could be if we put reserved usernames, group and channel links...
Crypto security experts raking in $430K salaries amid spike in hacks
The demand for blockchain security experts comes amid a rise in crypto hackings in 2022. The rise of crypto hacks...
Morgan Stanley Analyst Says Crypto Economy’s Liquidity Improved, but There’s ‘No Huge Demand to Re-Leverage’
An analyst at the New York-based financial services and investment management company Morgan Stanley detailed on Monday that crypto liquidity...
EUR Drops Below USD for the Second Time in 20 Years, Greenback’s Strength Leads to Largest Weekly Rise Since March 2020
The U.S. dollar has been very strong compared to a myriad of fiat currencies worldwide and this week, the euro...
Asia’s Largest Web3 Event TOKEN2049 Hits 200 Sponsor Milestone, Announces New Headline Speakers
SINGAPORE — 8 July 2022 — TOKEN2049, Asia’s premier crypto conference, has announced a new batch of title sponsors and...
South Korean financial majors want to create virtual assets exchange in 2023: Report
Samsung Securities, Mirae Asset Securities and Shinhan Financial Investment are among the financial heavyweights in talks with the government to...
Data shows Bitcoin and altcoins at risk of a 20% drop to new yearly lows
The total crypto market capitalization dropped to the $1 trillion support, and weak stablecoin demand and a largely absent funding...
NFT lending protocol Bend DAO proposes emergency changes amid credit crisis
"We are sorry that we underestimated how illiquid NFTs could be in a bear market when setting the initial parameters,"...
Fed teases master accounts for crypto banks: Law Decoded, Aug. 15-22
The new guidelines from the Federal Reserve hold a prospect of “the most stringent review” for non-federally insured institutions. Last...
Canaan exec says opportunity outweighs crisis as Bitcoin miners struggle with shrinking profits
This bear market is proving to be especially tough for Bitcoin miners, but Canaan senior vice president Edward Lu says...
Prosecutors want to claim NFTs as securities, alleges legal team of former OpenSea employee
“The government has brought the instant prosecution using ill-founded applications of criminal law to set precedent in the digital asset...
Facebook and Twitter will soon be obsolete thanks to blockchain technology
On Web2 — Twitter and Facebook — users do not own their own content or followers. That isn't the case...
Tencent receives patent for blockchain-based missing persons poster
The simple patent idea took three years to be granted regulatory clearance. According to local news outlet 36kr.com, Chinese technology...
Cryptocurrencies react to Jackson Hole, Fed rate hike plans and a weakening bear market rally
The price action in Bitcoin, altcoins and stocks reflects investors’ anxiety over the Fed’s rate hike plans, a weakening bear...
