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“# How to regulate exchanges: Learn crypto from Biden’s SEC chair pick, part 2/3 ” This is the second in a three-part series based on Gary Gensler’s extensive prior public statements on crypto. Here is part 1. A link to part 3 will appear here when it is published. Gary Gensler will likely become chairman…
“# Binance Coin (BNB) hits a new all-time high one day before its token burn ” Over the past 6 months, Binance Coin (BNB) has been quietly rallying higher, gaining 189% during this period and notching a new all-time high at $46.90 on Jan. 18. This price peak happened just one day before its quarterly…
“# 3 reasons why the price of Curve DAO Token (CRV) tripled in a week ” Over the past two weeks the entire DeFi sector has been in a strong uptrend and many of the top market cap tokens rallied by double and triple-digits. Curve DAO’s governance token CRV has been a standout performer, coming…
“# US crypto regulations will return Bitcoin to its digital cash origins ” The United States Financial Crimes Enforcement Network, or FinCEN, recently proposed a series of new regulations applying to financial institutions dealing with digital currencies, such as Bitcoin (BTC). To summarize the proposed regulations, exchanges would essentially be required to file a report…
“# 1/18: BTC, ETH, DOT, XRP, ADA, LTC, BCH, LINK, XLM, BNB ” Investors are beginning to worry that Bitcoin’s (BTC) uptrend could be in peril after the top-ranked cryptocurrency failed to pull above the $40,000. Some traders are afraid that a repeat of the crushing 2018 bear market is on the cards again if…
“# Huobi Korea scores certification from Korea Internet and Security Agency ” Huobi Korea, the South Korean arm of the world’s second-largest cryptocurrency exchange by trading volume, has been certified by a major regulator. According to an announcement on Jan. 18, the Korea Internet and Security Agency, or KISA, has granted Huobi Korea an information security…
“# Aussie Bitcoin exchange owner accuses banks of discrimination ” Allan Flynn, a Bitcoin trader in Australia has filed a complaint against two commercial banks in the country — ANZ and Westpac — accusing both of systematic discrimination. According to a report by the Australian Financial Review, Flynn is seeking compensation to the tune of…
“# After alleged hack, Russian crypto exchange Livecoin shuts down ” Russian cryptocurrency exchange Livecoin has announced it is shutting down after abruptly halting operations in late December 2020. According to Livecoin’s main page, the exchange is unable to continue operations due to financial and technical damages caused by an alleged attack on its servers…
“# Bitcoin open interest hits $8.8B as 45% of BTC options expire in 2 weeks ” Over the past two months the open interest on Bitcoin options has held reasonably steady even as the figure increased by 118% to reach $8.4 billion as (BTC) price rose to a new all-time high. The result of Bitcoin’s…
“# Ethereum competitor Near Protocol (NEAR) gains 106% as DeFi heats up ” Near Protocol (NEAR) is a smart contract platform that uses parallel processing to scale the network. This technique, known as sharding, resembles what Eth2 is aiming to achieve and Near’s proof-of-stake consensus mechanism also allows token holders to stake their coins. In…