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“# Projects are collecting Toys for Tots crypto donations this holiday season ” This holiday season, fintech provider Unbanked will be enabling crypto donations for Toys for Tots, a program run by the United States Marine Corps that collects toys to distribute to disadvantaged children. In a Dec. 2 announcement, Unbanked said it would be…
“# Japan’s financial regulators may propose legislation in 2022 restricting stablecoin issuance ” According to The Nihon Keizai Shimbun (Nikkei), one of the world’s largest financial newspapers and the entity behind the Nikkei 225 stock index, Japan’s Financial Services Agency, or FSA, will propose legislation next year restricting stablecoin issuance to only bank and wire…
“# Coinbase launches open-source cryptography library Kryptology ” On Monday, Coinbase, the fourth-largest cryptocurrency exchange globally by trading volume, announced the creation of a novel cryptographic library, Kryptology, as a compendium of tools for blockchain developers. These include secure, audited and easy-to-use APIs as well as a repository of common issues and lessons learned throughout…
“# Price analysis 12/6: BTC, ETH, BNB, SOL, ADA, XRP, DOT, DOGE, LUNA, AVAX ” Bitcoin (BTC) is attempting to extend its recovery by rising above the psychological mark at $50,000, but several popular analysts believe that BTC could remain range-bound for a few weeks or even months. On-chain analytics firm CryptoQuant said that Bitcoin…
“# Former Facebook engineers at Mysten Labs raise $36M for Web3 infrastructure ” Mysten Labs, the research and development firm founded by former engineers from social media giant Facebook, has announced the completion of a $36 million funding round towards its goal developing a Web 3.0 infrastructure platform. In a Monday announcement on Medium, the…
“# Here’s why analysts expect ‘choppy’ Bitcoin price action between $42K and $53K ” The wider cryptocurrency ecosystem is in a heightened state of fear on Dec. 6 after the Dec. 3 market sell-off continues to send ripples across the the sector and Bitcoin (BTC) price remains pinned below $50,000. Data from Cointelegraph Markets Pro…
“# We are seeing ‘10x growth in terms of the number of nonprofits accepting crypto,’ says Alex Wilson of The Giving Block ” With the market capitalization of digital currencies surpassing $2 trillion, there is now record interest in crypto philanthropy. From helping to build a school in Uganda to fundraising for frontline healthcare workers and raising awareness…
“# Grayscale finds that over 25% of US households surveyed currently own Bitcoin ” According to a report published by Grayscale Investments on Monday, more than one-quarter of US investors surveyed (26%) said they already own Bitcoin (BTC). Out of this group of owners, 46% and 44% also jointly held Ethereum (ETH) and Dogecoin (DOGE)…
“# Law Decoded: Bitcoin exchange-traded funds are put on the spot again, Nov. 29–Dec. 6 ” Do you remember the time when a fleeting mention of Bitcoin, stablecoins or even central bank digital currencies by a top-ranking government official was considered major news all over the cryptoverse? Feels like it’s been forever. As we find…
“# Bank of International Settlement calls the rise of decentralized finance ‘an illusion’ in latest quarterly review ” On Monday, the Bank of International Settlement, or BIS, a financial institution owned by central banks worldwide, published a report scrutinizing the development of the decentralized finance, or DeFi, industry. The article opened by saying, “There is…