Restricting crypto trading to millionaires good for Hong Kong, says officialChristopher Hui, Hong Kong’s Secretary for Financial Services and the Treasury has defended the recent proposal by the city’s Financial Services and the Treasury Bureau to ban retail crypto trading.

In a speech delivered at StartmeupHK virtual fintech summit on Thu…[Read more]

Banks cautious about crypto ahead of COVID-19 testimony before US SenateMajor Wall Street bank executives will appear before the United States Senate Banking Committee on Wednesday to discuss the role of their financial institutions in the recovery of the American economy.

Democratic lawmakers plan to grill a number of major bank execs, whose…[Read more]

Uniswap and DeFi Exchanges Are the Winners of Ethereum’s Market CrashUniswap and DeFi Exchanges Are the Winners of Ethereum’s Market Crash
During the market selloff last week, the trading volume on DEX sky-rocketed.
Uniswap benefited the most from Ethereum’s market crash.
Uniswap and decentralized exchanges are the winners of Ethereum’s market…[Read more]

Elon Musk not right person to lead green Bitcoin debate, Nic Carter saysCastle Island Ventures’ Nic Carter doesn’t think Elon Musk is the right person to lead the “clean Bitcoin“ debate, “possibly not as far as the Bitcoin community is concerned.”

He told Bloomberg, “Bitcoiners are still intensely skeptical of Musk, and they view him as confli…[Read more]

Crypto Crackdown Speeds China Shift to Central Asia, North America MiningChinese crypto crackdown accelerated manufacturers of miners to shift from China.
China is slowly losing its grip as a bitcoin mining powerhouse.
North America gears up to compete with China.
Beijing’s crypto crackdown rapidly accelerated manufacturers of miners to shift f…[Read more]

Colorado Governor Announces Plan to Accept Crypto for State TaxesThe governor of Colorado, Jared Polis, has said that he is making plans for the state’s residents to accept crypto payments. According to Polis, he […]

Nebraska signs law to authorize state-chartered banks to custody cryptoA crypto-friendly bill — co-authored by a cryptocurrency firm and first introduced by Republican state senator Mike Flood this January — was signed into law today in Nebraska.

The Nebraska Financial Innovation Act was one of Senator Flood’s first initiatives, introduced sca…[Read more]

XRP Partners With Bank Dhofar, Oman’s Second- Largest BankXRP Partners With Bank Dhofar, Oman’s Second- Largest Bank
Ripple partners with Oman’s second-largest bank, Bank Dhofar.
Bank Dhofar will collaborate with IndusInd Bank, a well-known bank in India.
Customers can rapidly transfer up to OMR 1,000 ($2,600) using Bank Dhofar’s app.
On Wednesd…[Read more]

As Investors Flee Crypto, Gold Holds SteadyInvestors are pulling out of crypto and putting their money into gold ETFs, writes gold commentator Frank Holmes for Forbes. The week before last, investors yanked their money from Bitcoin on the heels of China’s crackdown on cryptocurrency mining and Elon Musk tweeting that he would suspend Tesla p…[Read more]

XRP Partners With Bank Dhofar, Oman’s Second- Largest BankXRP Partners With Bank Dhofar, Oman’s Second- Largest Bank
Ripple partners with Oman’s second-largest bank, Bank Dhofar.
Bank Dhofar will collaborate with IndusInd Bank, a well-known bank in India.
Customers can rapidly transfer up to OMR 1,000 ($2,600) using Bank Dhofar’s app.
On Wednesd…[Read more]

Comparison of Token Vesting OptionsFollowing increased exit scams and rug pulls in the crypto space, crypto players have developed several ways of protecting crypto investors from such scams. One such means of protecting investors is using liquidity lockers integrating several features, including token vesting. Token vesting refers to locking up…[Read more]

Hong Kong Uses Blockchain to Fight Media CensorshipHong Kong Uses Blockchain to Fight Media Censorship
RTHK a public broadcaster is deleting content covering the uprisings in Hong Kong.
In response, People in Hong Kong are using blockchain to store the deleted content.
Users are mainly using a blockchain called LikeCoin for storage.
People in Hong…[Read more]

ETF Wrap: ETF Wrap: Cathie Wood’s Ark Investment funds aim for a comeback, and more bitcoin ETF applicationsEvery week we highlight the most timely exchange-traded fund news, from new launches to inflows and performance.

Cryptocurrency Can Be Ignored as Fad, Danish Central Banker Says(Bloomberg) — Bitcoin and other cryptocurrencies are little more than a speculative fad that central bankers can probably ignore, according to Lars Rohde, the governor of Denmark’s central bank.

The much more serious threat stems from big tech, he said in an interview with B…[Read more]

American Billionaire Investor, Carl Icahn, is Optimistic about BitcoinCarl Icahn, a renowned American billionaire and the founder of Icahn Enterprises, has stated that he is optimistic about Bitcoin and the broader cryptocurrency market. Icahn revealed these details during an interview with Bloomberg. In the interview, Icahn also stated that the…[Read more]

Apple Looking into Crypto Job Posting Confirms – Time to Invest in Bitcoin?Apple has listed a new job posting stating that it is looking to hire a business development manager with experience in the crypto sector. The […]

OneOf Raises $63 Million For Green NFT Music PlatformOneOf raised $63 million in a recent seed funding round.
The platform aims to offer green music NFTs on Tezos.
Also, OneOf aims to make NFTs cheaper and more accessible to the general public.
Artists set to mint NFTs on OneOf include Whitney Houston, Doja Cat, and more.
OneOf raised $63 million…[Read more]

PayPal Enables BTC, ETH, LTC, BCH Coin TransfersPayPal will soon enable its users to transfer their crypto to and from third-party wallets.
The platform believes this will give their users more token utility.
Also, the COVID-19 pandemic has increased digital currency adoption.
PayPal, a global payment provider, will soon enable crypto holders to…[Read more]

Polygon Partners With RenVM Bridge for High-Speed, Low-Cost TransactionsRenVM’s first direct bridge partners with Polygon.
Providing users the benefits of high-speed and low-cost transactions.
RenBridge allows BTC, ZEC, BCH, and DOGE to connect soon with other assets.
RenVM’s first direct bridge partners with Polygon providing users the ben…[Read more]