Regulation
JPMorgan: China’s Metaverse-Related Economy Could Reach $4T
The metaverse could triple China’s online-gaming market alone to $131 billion, the bank said. Source link
Month: September 2022
Ethereum
Meet 8 Ethereum Developers Who Helped Make the Merge Possible
Buterin helped establish the Ethereum Foundation (EF), a Swiss non-profit dedicated to the development of the Ethereum ecosystem, but neither he nor the foundation were solely responsible for architecting the network’s massive shift away from […]
Bitcoin
Crypto Unit of Japan’s SBI Wins Capital Markets License in Singapore
SBI Digital Markets, a subsidiary of the digital asset arm of Japan’s financial services giant SBI Holdings, has been granted a Capital Markets Services (CMS) license to offer securities and futures trading services in Singapore, […]
Market Analysis
1inch: Severe Vulnerability in Ethereum Vanity Address Tool Risks Millions of Dollars
Decentralized exchange aggregator 1inch claimed on Aug. 15 to have discovered a severe vulnerability in Ethereum vanity address generating tool Profanity. This has the potential to put millions of dollars in user money at risk. […]
Finance
HSBC’s CEO Explains Why Crypto Is Not in the Banking Giant’s Future – Finance Bitcoin News
Banking giant HSBC will not be offering crypto services, according to CEO Noel Quinn. Noting that HSBC is more negative on crypto than other banks, the executive stressed: “I do worry about the sustainability of […]
Regulation
Election Betting Site PredictIt Sues to Block CFTC-Ordered Shutdown
“The CFTC action taken on Aug. 4, 2022, threatens to harm not only the value of modest investments of more than 80,000 PredictIt traders, but the quality of the anonymized data used by more than […]
Ethereum
Token Management Platform Magna Raises $15M Seed Round at $70M Valuation
“At Shima, we have hundreds of portfolio companies and several have tried to build token distribution mechanisms in-house to no avail,” said Yida Gao, general partner at Shima Capital. “These tools should exist as a […]
Bitcoin
Coinbase App to Track US Politicians' Crypto-Friendliness Ahead of Midterm Elections
The cryptocurrency exchange’s CEO Brian Armstrong says it will help pro-crypto candidates solicit donations from the crypto community. Source link
Market Analysis
China Court Rules Crypto Can Be Traded Despite Digital Currency Ban
A court in China has ruled that crypto is an asset that can be traded between individuals as long as the asset is not used as a currency. The recent ruling by The Beijing Number […]
Regulation
BigCommerce to Offer Crypto Payments For Merchants With BitPay, CoinPayments
BigCommerce’s merchants, using BitPay, can accept various cryptocurrencies including Bitcoin, Ethereum, Dogecoin, Bitcoin Cash, Shiba Inu. Source link