G20 Watchdog Announces ‘Robust’ Global Crypto Regulation Coming in October

G20 Watchdog Announces ‘Robust’ Global Crypto Regulation Coming in October

Post Views: 362 The Financial Stability Board (FSB) says it is working on a “robust” regulatory framework for crypto assets and will report its recommendations to the G20 finance ministers and central bank governors in October. The G20 watchdog stated that it is committed to promoting “international consistency of regulatory and supervisory approaches amongst national…

China Frozen Bank Account Controversy: Affected Clients Injured During Protests, Nearly $6 Billion Missing

China Frozen Bank Account Controversy: Affected Clients Injured During Protests, Nearly $6 Billion Missing

Post Views: 911 Some Chinese bank clients, whose accounts were frozen in April, were injured while staging a protest at the Zhengzhou branch offices of the country’s central bank. Reports from local media outlets suggest that as much as $6 billion in client funds is missing and the individual believed to be behind the disappearance…

Rebase Token Economy Dropped From $8 Billion to $577 Million in 7 Months

Rebase Token Economy Dropped From $8 Billion to $577 Million in 7 Months

Post Views: 331 Seven months ago, the top rebase crypto tokens by market capitalization were collectively worth $8.03 billion and since then, the entire rebase token economy has lost more than 92%, dropping to $577 million. Olympus has dropped 99% since the asset’s all-time high (ATH), klima dao shed 99.9%, and wonderland is down 99.8%…

100-Year-Old Pennsylvania-Based Bank Approved to Leverage Makerdao’s Stablecoin Vault

100-Year-Old Pennsylvania-Based Bank Approved to Leverage Makerdao’s Stablecoin Vault

Post Views: 390 Makerdao, the decentralized autonomous organization (DAO) that issues the stablecoin DAI, approved a governance proposal that provides “collateral integration from a U.S.-based bank.” The Makerdao governance proposal passed by a majority vote of more than 87%, and it gives the U.S. financial institution Huntingdon Valley Bank the means to leverage a stablecoin…

Claim Your First NFT Top-Level Domain for Web3 on Quik․com

Claim Your First NFT Top-Level Domain for Web3 on Quik․com

Post Views: 694 The metaverse ideology and the emerging concept of brands establishing themselves in the decentralized web-based virtual universe have created a race for top-tier domains for businesses, individuals, and many developers to acquire the best at the early stages of this virtual universe. While traditional domains optimize a centralized dispute resolution process and…

How a Presale Ethereum Wallet Containing 1000 ETH Was Recovered by KeychainX

How a Presale Ethereum Wallet Containing 1000 ETH Was Recovered by KeychainX

Post Views: 331 He was a part of the Ethereum pre-sale in 2014 and amassed a fantastic 1000ETH today worth about 4 million USD for a mere 300USD – an astonishing 13000x increase in value. The story began when Alex sent the KeychainX team a question about whether if the team dealt with damaged wallets….

Bitcoin, Ethereum Technical Analysis: BTC Falls Below $22,000 to Start the Week

Bitcoin, Ethereum Technical Analysis: BTC Falls Below $22,000 to Start the Week

Post Views: 322 Bitcoin started the week in the red, as Monday saw prices fall for a second consecutive session. Following a recent run towards $22,000, the world’s largest crypto dropped below $21,000 earlier today, with ETH slipping below $1,200. Bitcoin dropped below $21,000 on Monday, as prices continued to slip, following a recent encounter…

UN Report: Venezuela Ranks Third Among Countries With Most Crypto Adoption

UN Report: Venezuela Ranks Third Among Countries With Most Crypto Adoption

Post Views: 335 Venezuela, one of the first countries in Latam to be considered “crypto-friendly” by some standards, has ranked third in adoption rates, according to a report issued by the United Nations. The report, issued last month, states that the cryptocurrency ecosystem has grown by 2,300% between September 2019 and June 2021, and that…

‘Wolf of Wall Street’ Jordan Belfort Says He’d Be Shocked if You Didn’t Make Money Investing in Bitcoin Long Term

‘Wolf of Wall Street’ Jordan Belfort Says He’d Be Shocked if You Didn’t Make Money Investing in Bitcoin Long Term

Post Views: 317 Jordan Belfort, aka the Wolf of Wall Street, says if you take a three, four, or five-year horizon, he would be shocked if you didn’t make money investing in bitcoin because the underlying fundamentals are really strong. I think if you take a three, four, five year horizon, I would be…