Over three-quarters of Vietnamese crypto holders make investment decisions through friends’ referrals. That’s according to an Aug. 30 report by Vietnamese venture capital firms Kyros Ventures and Coin68, alongside Animoca Brands. In the 3,300-participant survey, 75.5% of participants admitted being “influenced by recommendations or referrals” regarding crypto investing. The amount is 2.5 times higher than […]
SEC Chair Gary Gensler to testify before Congress twice this September
Securities and Exchange Commission (SEC) Chairman Gary Gensler is poised to testify before Congress twice this September — once before the Senate Banking Committee on September 12th and later the House Financial Services Committee on September 27th — according to reporting by Fox Business correspondent Eleanor Terrett. These scheduled appearances follow a series of criticisms […]
OpenSea’s Ethereum-Powered Revolution: Unveiling a New Era of Redeemable NFTs
OpenSea, the renowned digital marketplace for non-fungible tokens (NFTs), has unveiled a significant development in the world of NFTs with the publication of two Ethereum Requests for Comment (ERC-7496 and ERC-7498) and two Seaport Improvement Proposals (SIP-14 and SIP-15). This strategic move aims to ignite the evolution of the redeemable NFT ecosystem. Redeemable NFTs have […]
‘Drop in the Ocean’: CoinShares on Crypto Usage in Financial Crime
Digital assets manager CoinShares yet again busts myth about crypto as instrument of choice for money laundering
Pioneering the future with omnichain solutions: XGo ID and TapiocaDAO share insights
The Web3 landscape is undergoing swift evolution, with omnichain solutions emerging as vanguards poised to redefine the crypto world. Just recently, Cointelegraph hosted an AMA session to discuss the potential of omnichain solutions and their impact on crypto mass adoption. This engaging conversation featured two distinguished guests –– Josh Cowell, head of product at XGo […]
Why Ethereum Will Win The ‘Stablecoin Wars,’ According To This Analyst
Ethereum (ETH) stands poised to reign supreme in what analysts are calling the “upcoming stablecoin wars.” Bloomberg Intelligence crypto market analyst, Jamie Coutts, has confidently predicted the cryptocurrency’s victory, citing its expansive ecosystem and notable performance across crucial network-adoption metrics. Coutts, an authoritative voice in the crypto landscape, conveyed his insights on the matter through […]
Investors pull millions out of digital assets in biggest outflow since March
Last week’s outflows represented the largest outflow in the last five months. This may be due to waning positive sentiments as SEC stalls on approving a spot-based ETF for Bitcoin. Last week, digital asset investment products recorded outflows that totaled $168 million. This represented the largest weekly outflow since the US regulatory crackdown on exchanges […]
Core Quickswap Members Launch 50x Leverage on Kava Chain
[PRESS RELEASE – Georgetown, Cayman Islands, August 30th, 2023] Multiple core contributors of Quickswap, celebrated for their success on Polygon, have launched their next venture: Kinetix Finance on Kava Chain. Kava Chain is a Layer-1 Cosmos-Ethereum interoperability blockchain. The Kinetix Finance perpetual exchange is tailored for users eager to leverage trade without the limitations of […]
Robinhood’s Crypto Wallet Adds Bitcoin and Dogecoin
The company is also beginning to roll out Ethereum swaps. Johann Kerbrat, GM of Robinhood Crypto, Robinhood and Ian Allison (Shutterstock/CoinDesk) Robinhood Markets Inc. on Wednesday added wallet support for bitcoin (BTC) and dogecoin (DOGE), increasing the breadth of its crypto wallet beyond the Ethereum ecosystem. All users of Robinhood wallet can now send and […]
SEC Files Sealed Motion Against Binance: Is a Crackdown Coming from the Biggest Bitcoin Exchange, or Is the Commission Again Hiding Important Information from the Public?
The SEC’s move to file a sealed motion has raised questions about transparency and the purpose of this action. Experts speculate on the reasons behind this rare move, with suggestions ranging from concerns about hindering a Department of Justice investigation to safeguarding witnesses or companies. Latest developments suggest that the U.S. Securities and Exchange Commission […]