Regulation
Huobi’s HT Token Suddenly Drops 93%, Then Rebounds Just as Quickly
Huobi’s HT token, the native token of the cryptocurrency exchange, momentarily dropped 93% on Thursday for reasons that are unclear. Source link
Regulation
Regulation
NFT Company Palm Teams With Pussy Riot to Foster Activist Art
Additionally, Palm and Tolokonnikova will continue to empower artists through an upcoming feminist art contest set to take place in April during the NFT.NYC conference. PalmDAO is calling on activists and artists to submit their […]
Regulation
MakerDAO Founder Calls for Rebranding of DAI Stablecoin
DAI, the fourth-largest stablecoin, with a market cap near $5 billion – and the only top stablecoin backed by a basket of assets, including other cryptocurrencies – suffers from bad branding that could be inhibiting […]
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Starbucks Odyssey Releases ‘The Siren Collection,’ Its First Limited-Edition NFT Drop
Starbucks Odyssey, the coffee company’s Web3 loyalty program, today released its first limited edition non-fungible tokens (NFT), which it calls “Stamps.” The program, still in invitation-only beta, allows members to complete activities such as quizzes […]
Regulation
Republic Crypto Denies Buying 10M ASTRA Tokens, Says Astra Gave Tokens to It as Part of a ‘Free Trial’
CoinDesk, citing a press release from Astra Protocol, reported on March 7 that Republic purchased the tokens. A Republic spokesperson subsequently said the firm had viewed and objected to the details in the draft press […]
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Federal Reserve Setting Up New Squad of Crypto Specialists
“While crypto assets are hyped as decentralized, there has been an emergence of new, quite centralized intermediaries that are either not subject to or not compliant with appropriate regulation and supervision, which has perpetuated harm […]
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‘Vitalik’ NFT Collection Takes Top Spot on OpenSea
In one week, collectors minted 9,221 tokens at a floor price of 0.5 ETH, or about $770. The collection has already hit the secondary market in full force. According to data from OpenSea, the collection’s […]
Regulation
Aave Advances Plan to Nix Borrowing, Lending of Binance’s BUSD Stablecoin
Members of Aave’s decentralized autonomous organization (DAO) voted overwhelmingly in favor of a proposal to dramatically increase the cost of borrowing BUSD, while decreasing the revenue accrued by its lenders, according to its author, Marc […]
Regulation
India’s Crypto Regulation Now Has Teeth, Experts Say
The Bharat Web3 Association, the body representing the crypto industry, said it had asked the Ministry of Finance for this step, and the move was welcomed by industry leaders, including Ashish Singhal, co-founder of of […]
Regulation
The True Measure of Bitcoin’s Success Is Bitcoin’s Price, Not Its Intrinsic Value
In her ”3 Reasons I’m Investing in Bitcoin,” Lyn Alden puts it best, “Although it has no industrial use, [bitcoin] is scarce, durable, portable, divisible, verifiable, storable, fungible, salable and recognized across borders, and therefore […]