New gold-based stablecoin by trading giant Mitsui reportedly on the way
Mitsui is reportedly planning to launch its gold-pegged stablecoin ahead of DCJPY, another major Japanese stablecoin project. Japanese trading house...
Month: February 2022
Bitcoin price bounces after Amazon stock gains 15% in US tech comeback
Relief for embattled U.S. tech stocks injects fresh energy in Bitcoin and altcoins, with Ethereum reaching two-week highs. Bitcoin (BTC)...
NFT battles: Nike takes seller of unlicensed NFT sneakers to the court
StockX is an online reseller estimated to be worth $3.8 billion, and NFT sneakers in dispute are still online. Popular...
Reports Bored Ape creator in funding talks with A16z at $5B valuation
Garnering interest from one of Silicon Valley's top VC’s, Bored Ape Yacht Club creator Yuga Labs, may be eyeing a...
Tezos scores $27M deal with Man United, Baby Doge backs Hoffenheim
EPL giant, Manchester United is set to announce a partnership with blockchain platform, Tezos, and Baby Doge has struck a...
A metaphor? NYC ‘solid gold cube’ crypto promo turns out to be hollow
“To bring attention to the upcoming launch of his new cryptocurrency, German artist Niclas Castello erected this cube in Central...
Crypto Asset Manager Grayscale Launches ‘Future of Finance’ ETF in Partnership With Bloomberg
Grayscale Investments has launched its first exchange-traded fund (ETF). The Grayscale Future of Finance ETF “seeks to invest in the...
Microstrategy CEO on Mainstream Bitcoin Adoption: ‘I See Evidence of a Lot More Institutional Adoption’
The Nasdaq-listed company Microstrategy sees “evidence of a lot more institutional adoption” of bitcoin. The firm cited various reasons including...
SEC Commissioner: New Proposal Could Give SEC Expansive Power to Regulate Crypto, Defi Platforms
A commissioner with the U.S. Securities and Exchange Commission (SEC) has voiced concerns regarding a new proposal that could give...
Jump Crypto Replaces $320 Million in Ethereum Taken From Wormhole Exploit
On February 2, 2022, the Wormhole Network’s ethereum solana bridge was exploited for 120,000 WETH (wrapped ethereum) worth $320 million...
Japanese government considers relaxing strict coin listing rules
If passed, the rules reform could make it easier for domestic exchanges to list more crypto without needing to go...
Aussie competition watchdog investigating Meta over crypto scam ads
The news comes only one day after billionaire Andrew “Twiggy” Forrest announced he would be mounting legal action against the...
Fed and MIT’s CBDC research: Distributed Ledger tech has ‘downsides’
The researchers published results from “Project Hamilton,” which was first announced in 2020 to explore the use of existing and...
Rise of Web3: Metaverse tokens surge as Meta’s share price plunges
Decentralized Metaverse tokens have made steady gains this week, despite a dump in the stock price of Meta Platforms. Meta...
Reports Bored Ape creator in talks with A16z: Potential valuation $5B
Garnering interest from one of Silicon Valley's top VC’s, Bored Ape Yacht Club creator Yuga Labs, may be eyeing a...
