Investment instruments, like mutual funds, have to adhere to certain disclaimers and risk warnings while advertising. However, there are no clear guidelines for crypto-exchanges in most parts of the world. Canada is the exception now. The Canadian Securities Administrators and Investment Industry Regulatory Organization of Canada (IIROC) is in the news today after it issuedContinue reading “Canada: No more superlatives after latest guidelines on crypto-platform advertising”

The cryptocurrency space has been seeing another boom lately, despite increasing regulatory scrutiny. In fact, according to an industry report by Crypto Parrot, there were 4,908 cryptocurrency launches over the past year. At the time of writing, the crypto-market had around 12,046 cryptos with a cumulative market cap of over $2 trillion. A 68.75% increase!Continue reading “<5k new cryptos, but is the current saturation a 'good thing'"

Twitter is in the news today after it included cryptocurrency payment options on its platform. In doing so, it announced a new tipping feature called Tips. This will allow users to link their Bitcoin wallets to other payment platforms. Additionally, the service will allow users to use platforms like Cash App, Patreon, and Venmo toContinue reading “Twitter just became the El Salvador of social media with Bitcoin tipping”

Cobo, a popular crypto-asset management platform, has raised $40 million in Series B funding. According to reports, the proceeds will primarily be used for the development of DeFi as a service (DFaaS). They will also be used to strengthen the existing digital infrastructure around wallets, trading, and staking. The aforementioned news comes three years afterContinue reading “With DeFi still in focus, Cobo raises $40M in Series B funding”

At the time of writing, Bitcoin.org’s web address appeared inaccessible to users after a possible phishing attack was reported earlier today. According to observers, suspicious scam giveaways were being featured on the website before it was taken down by hosting provider Namecheap.com  Bitcoin.org is an open-source project that claims to support Bitcoin education and development. However,Continue reading “Giveaway scam leaves Bitcoin.org domain down for hours “

Ripple is in the news today after it announced a partnership with Bhutan’s central bank – the Royal Monetary Authority (RMA) – for a central bank digital currency (CBDC) pilot. This development was welcomed by the likes of Yangchen Tshogyel, Deputy Governor of the RMA, who said, “Our collaboration with Ripple is testament to theContinue reading “Bhutan joins hands with Ripple for CBDC pilot”

Crypto investor Anthony Pompliano expressed optimism on Bitcoin taking over as the global reserve currency, in his latest podcast. He said, “It will look very different 25 years from now.” Currently, the US dollar is considered a global reserve currency with over 60% of all banks globally maintaining their reserve in the currency. According to Pompliano, that’s about toContinue reading “Looking into a future, where, ‘Bitcoin wins, fiat currencies lose. Game over’”

The last few weeks have been defining for a comprehensive crypto framework in the U.S. In a recent interview, top bosses of crypto exchange FTX spoke with Bloomberg on the impact of toughening regulations.  Brett Harrison, president of FTX.US, pointed out the growing seriousness of the U.S. SEC and Commodity Futures Trading Commission for aContinue reading “Lending markets ‘won’t disappear’, but ‘move somewhere else’”

pNetwork, a cross-chain DeFi platform, lost roughly 277 Bitcoins to the tune of $12.7 million in a recent hack. The platform confirmed on Twitter that the attacker targeted tokenized Bitcoin on the Binance Smart Chain, stating, “Attacker was able to leverage a bug in our codebase.” Additionally, the network confirmed that the hackers exploited theContinue reading “DeFi platform pNetwork loses $12.7 million worth of Bitcoin, in recent hack”

Crypto trader and analyst, Lark Davis, in a recent video, discussed how he saw a big move in Ethereum prices from the current $3400 levels to $10,000 in the coming days. He said, “At this point, $10,000 is basically programmed into the matrix.” He listed down some key factors that could play a role in Ethereum’sContinue reading “For Ethereum, ‘$10,000 is basically programmed into the matrix.’ Here’s why”

As inflation is easing in the US, investor Ben Armstrong recently suggested viewers to prepare for a bear market, stating, “During the crypto bear market, things will look grim. Scary. But it won’t be anything compared to the stock market. That’s going to be a bloodbath.” The crypto commentator said that deflation can taper off the value ofContinue reading “Why it is ideal to accumulate Bitcoin, Ethereum, Cardano right now”

Four Chinese cities – Guangzhou, Tianjin, Yiwu, and Fuzhou, are set to become part of China’s digital currency trial. As per reports, China’s eCNY, or digital yuan project was in the pilot stage, and had advanced to include more cities in the trial. The country has been eyeing a full-fledged rollout by the time theContinue reading “China’s ‘eCNY’ project in ‘sprint’ stage, trials underway in many provinces”