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“# Financial advisers lead the institutional push toward crypto adoption ” In the past, there were plenty of reasons for financial advisers to dismiss Bitcoin (BTC) and other cryptocurrencies as a worthy investment, but all of that is starting to change as more institutions become attuned to the digital asset class. A face-melting rally for…
“# Crypto.com to use CipherTrace tool to comply with FATF’s travel rule ” Crypto.com, the creator of a cryptocurrency exchange, wallet, debit card program and crypto app, is strengthening its compliance toolkit by implementing a commercial solution developed by crypto intelligence firm CipherTrace. CipherTrace’s tool, called Traveler, takes its name from being designed to meet…
“# Nas brags about Coinbase and crypto wealth in new track with DJ Khaled ” American rapper and cryptocurrency investor Nasir Jones, better known by his stage name Nas, has invited fans to join the cryptocurrency industry in a newly released track. Released last week, “Sorry Not Sorry” features a collaboration with DJ Khaled, Jay-Z…
“# Binance CEO CZ: Bitcoin is less volatile than stocks like Apple and Tesla ” Binance CEO Changpeng Zhao has commented on the volatility of Bitcoin (BTC), stating that the largest crypto by market capitalization is probably less volatile than the stock prices of similarly-sized companies by market capitalization such as Apple and Tesla. Data…
“# Ethereum co-founder Vitalik Buterin becomes billionaire as Ether hits $3K ” Vitalik Buterin, a co-founder of the world’s most popular smart contract platform, the Ethereum blockchain, has officially become a crypto billionaire. Buterin’s public Ether address that he described as his main wallet back in 2018, has hit $1 billion on its balance following…
“# Survey shows South Koreans support crypto tax law ” An opinion poll conducted by South Korean television station YTN has shown significant support for the planned cryptocurrency tax regime in the country. According to a report by The Korea Herald, 53.7% of the 500 participants polled by South Korea survey firm Realmeter expressed support…
“# Ethereum market cap hits $337 billion, surpassing Nestle, P&G and Roche ” Ether (ETH) price has rallied more than 200% in 2021, resulting in a massive $337 billion market capitalization. This impressive figure pushed the value of the Ethereum network ahead of the total market cap of major companies like Procter & Gamble’s ($326…
“# Top 5 cryptocurrencies to watch this week: BTC, SOL, HT, ETC, AAVE ” Bitcoin (BTC) price closed the month down 1.98% which according to data from Bybit, was its first negative close in April since 2015. In the same month Ether (ETH) price soared over 44% to hit a new all-time high close to…
“# Spartan Protocol exploit results in loss of $30M ” Spartan Protocol, a liquidity platform for synthetic assets on the Binance Smart Chain, was drained of $30 million in a coordinated attack on its liquidity pool late Saturday. The exploit targeted a “flawed liquidity share calculation” in the SPARTA/WBNB liquidity pool, which enabled the attacker…
“# Mass adoption of blockchain tech is possible, and education is the key ” Blockchain technology is one of the most promising technologies of our times, and the core concept of it is really simple. Essentially, it is a public ledger or database, and I think that public education about what blockchain actually is can…