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“# Coinbase IPO a ‘watershed moment’ for crypto regulation: Caitlin Long ” Caitlin Long, founder of Wyoming-based digital asset bank, Avanti Bank & Trust, has predicted Coinbase’s upcoming IPO will be a “watershed moment” for cryptocurrency regulation. Speaking alongside SEC commissioner Hester Peirce during BlockFi and Real Vision’s “Bitcoin in the Real World” event on…
“# DeFi tokens lead the market higher as Bitcoin price searches for momentum ” Several DeFi tokens saw their prices breakout on Feb. 4 as Bitcoin (BTC) and Ether (ETH) prices traded sideways for the day. Aside from the general bullish trend permeating the DeFi sector, positive comments from big-name investors touting the benefits of…
“# FunFair (FUN) gains 183% as the blockchain-based gaming industry grows ” Many DApps and blockchain-based games are designed with casino-style and RPG features that allow players to use cryptocurrency for gambling. FunFair is essentially a white-label, turnkey blockchain-based casino and the platform aims to provide services with zero set-up fees and no monthly minimums….
“# LL Cool J and Paul Tudor Jones back $72M crypto fund ” Several high-profile figures in finance and entertainment are reportedly backing a new venture capital crypto fund from former Digital Currency Group investor Travis Scher, Silver Lake Partners co-founder Glenn Hutchins, and his son James Hutchins. According to a report from Yahoo Finance,…
“# Dash trade volumes soar 282% in 2020 as commercial adoption grows ” Dash, a cryptocurrency analog for electronic cash, recorded impressive growth in 2020 as average daily trade volumes, users and retail payments grew considerably. During its fourth-quarter livestream on Thursday, Dash Core Group reported that average trade volumes jumped 282% year-over-year, from $9.8 million…
“# DeFi boom pushes Universal Market Access (UMA), SwissBorg and Siacoin (SC) higher ” The total market capitalization of cryptocurrencies surged to $1.139 trillion on Feb. 4, just short of silver’s total market cap at $1.5 trillion. While the crypto market cap is still way below that of gold, Bloomberg senior commodity strategist Mike McGlone…
“# DeFi giant Aave hits a new high at $520, TVL rises to $4.96 billion ” Aave (AAVE) price has increased by 76% since the beginning of February and today the DeFi-token hit a new all-time high of $520. Currently Aave is the second-ranked DeFi platform by total value locked (TVL) and the protocol continues…
“# Here’s why Bitcoin price is struggling to reclaim $38,000 ” After bouncing from the recent short-term low, Bitcoin (BTC) price posted a 15% gain over three days as it climbed from $32,400 to $37,200. This was an impressive move given that BTC price had been trading in a sideways range for weeks and regardless…
“# Parents, it’s time for ‘the talk’: Did your kid trade crypto in 2020? ” The taxation of cryptocurrency is no longer just a young person’s problem. That changed the day the United States Internal Revenue Service made cryptocurrency a focal point of enforcement and added a crypto disclosure question on its Form 1040. Unsuspecting…
“# Researchers detect new malware targeting Kubernetes clusters to mine Monero ” Cybersecurity researchers at Unit 42, the intelligence team at Paolo Alto Networks, have published a profile of a new malware campaign that targets Kubernetes clusters and can be used for the purposes of cryptojacking. “Cryptojacking” is an industry term for stealth crypto-mining attacks…