This week’s Crypto Biz also looks at the crypto industry after FTX collapse, Tether’s Bitcoin mining in Latin America, Tabi’s funding round and Nvidia’s artificial intelligence machines.
Exciting opportunities for investors: Dive into Polygon (MATIC) and DigiToads (TOADS)
In the ever-evolving realm of cryptocurrency, it becomes extremely complicated to make the right choice and select the most promising assets for your investment portfolio. There are two potential assets that offer distinct advantages and promise exponential growth in 2023: Polygon (MATIC) and DigiToads (TOADS). These two alt coins have garnered significant attention within the […]
Crypto reform subject of draft bill from US Senate
The U.S. Senate is working on a draft bill shifting digital assets initially classified as securities to be regulated as commodities.
Coinbase to Launch Bitcoin and Ether Futures Contracts for Institutional Investors on June 5
Popular crypto exchange Coinbase will launch Bitcoin and Ethereum futures contracts for institutional investors on June 5, the company said on its website. The company will launch these products through CFTC-regulated Coinbase Derivative Exchange, promising lower fees than other US-regulated derivatives exchanges. BTI and ETI for Institutional Investors Coinbase has partnered with leading FCMs (Futures […]
As the Meme Coin Craze Shows No Signs of Slowing Down, Here Are 3 Tokens That Could Explode Next
The meme coin market has taken a hit in recent weeks, with most tokens suffering double-digit value drops. Investors are now looking elsewhere for returns potential, given the current state of meme coin stalwarts like Dogecoin and Shiba Inu. However, despite this red wave, several tokens are withstanding the tide and producing stellar results – […]
US lawmakers aim for crypto regulatory clarity with proposed bill putting the screws to SEC
The framework under the bill would allow certain tokens to qualify as digital commodities if they were decentralized and crack down on the SEC’s previous approach to crypto.
Blockchain Association files new amicus brief to support Tornado Cash’s defense
The Blockchain Association said June 2 that it filed an amicus brief to support a CoinCenter case that defends the coin mixer Tornado Cash. Kristin Smith, CEO of the Blockchain Association, said: “… Tornado Cash is simply a tool – punishing the tool itself simply because it can be used by anyone, including bad actors, […]
May NFT thefts total $2.9 million; cause for concern?
The rise and dominance of stolen NFTs on the Blur marketplace highlighted security concerns. But despite declining volumes, Blue Chip NFTs continued to attract demand.
Arbitrum price soars after DeFi whale address resumes ARB accumulation
ARB’s price notched a double-digit gain after a popular DeFi whale address resumed buying the governance token, but is the rally sustainable?
Losses from crypto rug pulls outpaced DeFi exploits in May: Finance Redefined
The top 100 DeFi tokens had a bullish last week of May, with most of the tokens recovering from two weeks of bearish pressure.