Crypto news

Following the most recent crackdown by the US Securities and Exchange Commission against several crypto companies, Jeremy Allaire opined that the agency is not the best fit to oversee stablecoins in particular. He believes these assets are part of the banking sector, thus, they need to be regulated by another watchdog in the States. The past several weeks saw the US securities regulator going after several locally based crypto firms, starting with Kraken and its staking...

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[PRESS RELEASE – Please Read Disclaimer] The integration will support DeFi adoption and promote self-sovereignty on the Avalanche network February 24, 2023 – OKX, the world’s leading cryptocurrency exchange platform, has joined forces with Avalanche liquid staking solution Benqi in a collaboration that sees its native decentralized application discovery tool, OKX Discover, supporting Benqi, and Benqi integrating the OKX Wallet web extension on its website and product. The...

Bitcoin’s price has been on a rollercoaster throughout the past seven days, and it has failed to chart any significant increase (or decrease) throughout the period. However, it was particularly volatile. Last week at this time, the price was hovering around similar levels, around $24K, but it quickly took for the skies and touched $25K on Sunday. What followed was the first correction back to $24K, after which BTC bounced again and reached $25K once more. It remained there...

Spoke.ai, die von ehemaligen N26-Mitarbeitern gegründete KI-gestützte Tool-Suite, hat sich eine Pre-Seed-Runde in Höhe von zwei Millionen Euro gesichert. Angeführt wurde die Runde von byFounders, weitere Beteiligungen kommen von Possible Ventures und einem Zusammenschluss erfahrener Business Angels, wie N26 Mitgründer Maximilian Tayenthal. Die Finanzierung wird verwendet, um die über 500 Unternehmen aus der Warteliste in die Beta-Version aufzunehmen. Spoke.ai löst das Problem der...

Bitcoin cash price started a fresh decline from the $155 zone against the US Dollar. The price is now trading near the $135 zone and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $140 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair could continue to move down if it breaks the $136 and $132 support levels. Bitcoin cash price is declining from the $155 zone against the US Dollar, similar...

Spotify is testing a new service – “token-enabled playlists” – with one of its partners to enable non-fungible token (NFT) holders to connect their wallets and access curated music. It is currently in the pilot phase. The new service was designed in partnership with the Web3 gaming ecosystem, Overlord, and involves a token-enabled community-curated playlist that can be accessed via Web3 wallets of those who hold the Creepz NFTS on Spotify. According to the official...

DZ Bank – the second-largest German bank by assets – is all set to offer digital asset custody services. The BaFin-regulated financial institution and custody provider has joined forces with Swiss firm Metaco and orchestration platform Harmonize for its upcoming digital currencies to its institutional clients offering. According to the official press release, Harmonize is designed to offer a versatile governance framework and has customizable risk and compliance controls...