Tag Archives: social

Raj Dhamodharan – Mastercard’s Global Head of crypto and blockchain – believes that digital currencies pose no threat “at all.” Moreover, he classified them as “probably the most mature investment asset.” Crypto: a Package of Multiple Technologies The payment services giant Mastercard is among the companies seeking to dive deeper into the digital asset universe. Throughout the past several months, the firm has launched numerous initiatives to promote the industry and...

Michael Saylor – CEO of the software platform MicroStrategy – said investing in his company is almost like allocating funds in the still nonexistent in the USA – Bitcoin spot ETF. His organization is known as one of the most prominent BTC HODLers as it owns over $5.5 billion worth of the primary cryptocurrency. MicroStrategy Could Count as Bitcoin Spot ETF The long-awaited Bitcoin spot exchange-traded fund still waits to see the light of day in the United States as the SEC...

The Korea Fair Trade Commission (KFTC) is reportedly ready to impose tougher regulations on Dunama – the parent company of the country’s largest crypto exchange, Upbit – by classifying it as a “large enterprise.” The authority deems firms with more than 5 trillion won ($4.03 billion) assets subject to stricter regulatory scrutiny, requiring them to “disclose information on major intracompany dealings, board decisions, and shareholders.” Dunamu held 10.15 trillion won (US$8.19...

The Switzerland-based investment product issuer – 21Shares – joined forces with ETF Securities to launch the first two exchange-traded funds in Australia that will provide customers with direct access to cryptocurrencies. Those products will track the performance of BTC, and ETH will go live on April 27. Crypto EFTs Popping out in Australia While the American financial regulators keep rejecting cryptocurrency spot ETF applications by major firms, such products started...

A news report suggesting that India’s hostile policy towards the digital asset sector is leading to an exodus of crypto-entrepreneurs from the country has said that Nischal Shetty and Siddharth Menon, both co-founders of WazirX, have left India along with their families for Dubai. Shetty and Menon are CEO and COO at WazirX, respectively. The Binance-operated company, the largest Indian crypto exchange by volume, is among the many local trading venues that had seen a sharp...

The Nigerian entity – Stakeholders in Blockchain Technology Association of Nigeria (SiBAN) – reminded that cryptocurrencies and all related activities are still legal within the African country’s borders. As such, public and law enforcement agencies should stop their “demonization and discrimination” towards the sector. Crypto is not Unlawful in Nigeria Dealing with cryptocurrencies is not legal everywhere around the globe. The Chinese government, for example, prohibited all...

In line with the lack of massive price movements from bitcoin, the number of Google searches for the asset have declined to the lowest levels since late 2020. Separately, the popular Bitcoin Fear and Greed index has settled in a “fear” territory despite BTC’s two-day recovery after the sub-$40,000 dip. Lack of Retail Interest CryptoPotato reported yesterday the recent spike in whale activity towards the primary cryptocurrency. However, it seems that the demand from retail...

The founder of the whistleblowing platform WikiLeaks – Julian Assange – could soon be extradited to the United States since the British and the American governments are diligently working on this. Still, the Australian activist will be able to appeal the decision. How Close Is Assange to a US Prison? The creator of the media organization WikiLeaks – Julian Assange – came to international attention in 2010. Back then, his platform published a series of leaks that exposed...

After months of waiting, NFT enthusiasts can finally visit the Coinbase non-fungible token platform, a Web3 marketplace for such collectibles. The beta version is live on Tuesday, and, as of now, only beta testers selected from the waitlist can create profiles to transact NFTs, but the site is open for anyone to check out the first version of Coinbase’s take on the industry. A Marketplace Beyond NFT Transactions Coinbase will gradually allow more people to use the platform...

Famous rapper Snoop Dogg and his son Cordell Broadus (aka “ChampMedici”) have partnered with MOBLAND to launch digital weed farm NFTs in the Metaverse. The virtual items will pioneer an all-new “grow to earn” feature, among various other utilities for business buildings and land. The Beginning of NFT 3.0 According to MOBLAND co-founder Roy Liu, the weed farms are part of the third generation of NFTs. “NFT 1.0 is about individual character and item, NFT 2.0 is about land and...