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“# DeFi Money Market closure after SEC probe could set rocky precedent ” The SEC’s recent inquiry into the Tim Draper-backed DeFi Money Market platform is the most recent example in a concerning trend of increasing action by regulators against unregistered securities. As a result of regulatory inquiries, DMM is ceasing operations. mTokens can be…
“# Ethereum-based domain names go mainstream with Cloudflare integration ” Unstoppable Domains, an Ethereum-based project that allows users to create “.crypto” website URLs, has been integrated into Cloudflare’s Distributed Web Resolver. Following the integration, users will be able to access Unstoppable Domains’ blockchain addresses from any browser. Previously, websites created under Unstoppable Domains’ .crypto extension…
“# Asset tokenization project DeFi Money Market shuts its doors ” DeFi Money Market, one of the earliest projects aiming to bring real-world assets on-chain, abruptly announced last night that it has “ceased operations.” “As a result of regulatory inquiries, DMM is shutting down,” a statement on the project’s website reads. “[…] DMM regrets the…
“# BTC billionaire Tim Draper to Elon Musk: I’d buy the Tesla Cybertruck with Bitcoin ” Tim Draper, the billionaire Bitcoin (BTC) investor who also invested early in Tesla, reacted to the company’s CEO and world’s richest man, Elon Musk, adding #Bitcoin to his Twitter bio to join the likes of Twitter CEO Jack Dorsey…
“# Winklevoss brothers top Forbes Bitcoin billionaires list ” Major business magazine Forbes has featured Gemini co-founders Cameron and Tyler Winklevoss as the richest Bitcoin (BTC) billionaires. Compiled by Forbes crypto-focused reporter Michael del Castillo, the ranking provides a list of Bitcoin investors that won the most from Bitcoin’s massive surge up to $42,000 in…
“# Tim Draper, Pantera Capital back new crypto derivatives exchange ” Some of the biggest names in blockchain have thrown their weight behind a new cryptocurrency derivatives exchange, signaling that the next bull market could be driven by institutional investors. Crypto derivatives platform Globe has raised $3 million in seed investments to launch its Globe…
“# Tim Draper seeks to ‘DeFi‘ the venture capital business with Bitcoin ” Two years ago, venture capitalist and noted Bitcoin investor Tim Draper publicly stated that Bitcoin will hit $250,000 by 2022. Yet, as Bitcoin continues to gain interest from investors, Draper revealed to Cointelegraph during an interview that a $250,000 price prediction may…