Powers On… Why the SEC, CFTC or FTC needs to check in on Elon Musk’s frenzied crypto tweetsPowers On… is a monthly opinion column from Marc Powers, who spent much of his 40-year legal career working with complex securities-related cases in the United States after a stint with the SEC. He is now an adjunct professor at Florida International U…[Read more]

Ternio and BlockCard Merge to Form UnbankedTernio and BlockCard are merging under the Unbanked brand
Unbanked aims to expand globally and into DeFi
Also, Unbanked will add new products and services to the current offering
Ternio and BlockCard are merging under one brand umbrella to form Unbanked. The new brand will officially launch on June 30,…[Read more]

Bank of Indonesia joins central bank digital currency raceThe Bank of Indonesia is one of the latest global central banks to announce state digital currency plans amid a major spike in the country’s digital payments.

Governor Perry Warjiyo said Tuesday that Indonesia’s central bank is planning to launch a digital rupiah currency as a legal pay…[Read more]

Stellar Development Foundation invests $15M in Mexico crypto exchangeAirtm, a Mexico City-based digital wallet and exchange operator, has received $15 million in funding from the Stellar Development Foundation, or SDF, as it seeks to expand financial services and cryptocurrency adoption in Latin America.

The investment, which is the largest SDF…[Read more]

Akon to sell historic DNA data art as NFT in collaboration with Oasis NetworkIt seems like everything’s a NFT these days, and your DNA could be next.

In a press release today, AkoinNFT — the nonfungible token platform from musician and budding blockchain entrepreneur Akon — announced the planned auction of a NFT that will contain a “high…[Read more]

Can blockchain ever be part of the solution for tackling climate change?Elon Musk captured the world’s attention when he declared that Tesla (NASDAQ:TSLA) would no longer accept Bitcoin as a payment method, citing the blockchain’s environmental impact.

Although this thrust the debate about cryptocurrencies and the climate into the spotlight, thi…[Read more]

Bitcoin price must now hold this key level to regain $40KBitcoin price must now hold this key level to regain $40K
Bitcoin (BTC) prices pulled back on May 25, wiping a small portion of the gains it had made during the previous session amid another day of volatile trading.

The BTC/USD exchange rate fell up to 6.11% after opening the Asia-Pacific…[Read more]

Cryptocurrency custody gives commercial banks a foothold in the marketCustody services aren’t the most compelling corner of the crypto ecosystem, but 21st-century solutions for storing and safekeeping digital assets are critical if cryptocurrencies are to achieve widespread adoption.

For that reason, Cowen Inc.’s recent announcement that the 103…[Read more]

Collector Car Auction Giant Now Accept Crypto as PaymentsMecum Auctions now accepts crypto as payments.
This allows the auction company to attract new sales and customers.
The registered Mecum bidders can leverage crypto payment options through Bitpay.
Mecum Auctions, the popular collector car auction business announced that it now accepts…[Read more]

Crypto Flipsider News – May 25th – Bitcoin, Tether, XRP, Chia, Elon Musk, Michael Saylor, Vitalik Buterin, Dynamo, South Korea, Ray DalioGreetings to the crypto world attendees as well as permanent residents,

DailyCoin flipsider is on the stage!

In today’s digest:

Influencers soap opera: Elon Musk, Michael Saylor, and Vitalik Buter…[Read more]

the finance business is the worst business of them all. criminals as far as you can see.the sad truth part III

Solidus Labs Raises $20 Million From VCs and Ex-RegulatorsSolidus Labs raised $20 million in a Series A funding round.
The Series A fund gained support from VCs and former US regulators.
Also, Solidus aims to help get SEC approval for the first US crypto ETF.
Solidus Labs just closed a successful $20 million Series A funding round. The funding…[Read more]

New Infrastructure Coins: Chainlink, VeChain, IOTA, Hedera HRInfrastructure coins like Chainlink, VeChain, and IOTA are aimed towards building stronger infrastructure for the ecosystem.
IOTA concerns itself with the building of a network that is feeless and faster than conventional blockchains.
Chainlink’s endeavours have seen it strive to r…[Read more]

EOS Climbs 12% In RallyInvesting.com – EOS was trading at $5.4179 by 09:45 (13:45 GMT) on the Investing.com Index on Tuesday, up 11.70% on the day. It was the largest one-day percentage gain since May 24.

The move upwards pushed EOS’s market cap up to $5.1740B, or 0.32% of the total cryptocurrency market cap. At its highest, EOS’s market cap was…[Read more]

DeFi Token YFI Spikes 76% as BTC, ETH Makes Double-Digit ProfitsYFI surges over 76% as BTC, and ETH makes double digit gains.
As crypto has gone mega-bullish, the perpetual swaps are nearing zero still.
Decentralized Finance (DeFi) token Yearn.Finance (YFI) surges over 76% as Bitcoin (BTC), and Ethereum (ETH) makes double-digit…[Read more]

Maker, Aave, Compound, and Polygon Soars To New HighsDecentralized Finance Maker, Aave, Compound, and Polygon soar to new highs.
All the DeFi protocols operate on Ethereum.
The DeFi community thinks that MKR, AAVE, COMP, and MATIC rise is due to the ETH price surge.
Currently, decentralized finance (DeFi) protocols Maker, Aave, Compound, and…[Read more]

Everyone Wants the Next Dogecoin, and Chiliz Could Be ItThe Chiliz price jumped more than 50% in March.
Everyone wonders whether Chiliz has the potential to go “to the moon” like Dogecoin.
The two tokens are altcoin with moon-shot potential.
Earlier today, analyst David Moadel’s post on Twitter said, “Everybody Wants the Next Dogecoin, and Chiliz…[Read more]

DeFi Startup Cryption Network Raises $1.1M FundsCryption Network raises $1.1 million on its funding rounds.
The project welcomes investments from angel investors and other huge capitalists.
Its products allow users to swap, farm, invest and predict without heavy network congestion.
On Monday, Cryption Network, a user-friendly retail DeFi platform,…[Read more]

Bitcoin Slips Below $38,000 in a Retreat From Monday’s Rally(Bloomberg) —

Bitcoin traded lower on Tuesday as prices pulled back from a double-digit percentage rally, stoked by Elon Musk’s effort to bolster the token’s green credentials on Twitter.

The largest digital currency slipped 4.6% to trade at $37,250 as of 7:43 a.m. in New York, follo…[Read more]