SEC Still Looking into ‘Qualified Custodian’ for Cryptocurrency?
SEC may be seeking to establish a definition for “Qualified Custodian” to easily identify companies that fall into that category for easy supervision. The US Security Exchange Commission (SEC) has requested public comments on what “Qualified Custodian” means in crypto following ongoing claims. This came...
How OpenDefi Is Bringing Financial Inclusion through Real Assets
The concept behind OpenDefi is simple. Real assets, such as real estate and gold, can be tokenized to provide fractional ownership to holders.
According to a 2018 report by the World Bank, financial inclusion is improving around the world due to the growth of internet...
ADA/USD Analysis: There Is Clear Path To 0.1247
Cardano continues to head on towards Decentralized Finance, while the third era of the Foundation is expected to be released in March 2021, the team inside the network continue updating the Cardano ecosystem.There are several updates expected in December, k – Cardano’s parameter of...
Skype Co-founder Donates Bitcoin and Ethereum to UK AI Firm, Keeps Wealth in Crypto
Jaan Tallinn noted that the reason for donating in Bitcoin and Ethereum is the fact that it is much easier to send digital assets.
Estonian investor and Skype Co-founder Jaan Tallinn has most of his wealth in digital assets: Bitcoin and Ethereum. This is according...
Bitcoin “enters stratosphere” as massive OTC deals spark institutional demand
Bitcoin achieved its highest price since January 2018 across major exchanges, seeing a massive rally as over-the-counter (OTC) deals grow. This trend shows that institutions and high-net-worth are actively accumulating BTC.
The hourly price chart of Bitcoin. Source: BTCUSD on TradingView.comThroughout November, on-chain analysts, including...
No one is safe: Ethereum DeFi protocol by PayPal co-founder exploited for $7.5m
No one is safe from the ever-growing wave of decentralized finance (DeFi) exploits, not even prominent technologists and investors.Today, an up-and-coming DeFi protocol built on Ethereum by prominent Silicon Valley developers such as Yu Pan, a founding member of PayPal and the earliest Youtube...
Bridge Mutual Unveils Insurance Policy in Stablecoin Industry
Bridge Mutual noted that all stablecoin insurance claims will be reimbursed immediately.Bridge Mutual has introduced insurance services to the fast-growing stablecoin industry. Dubbed the ‘Bridge Mutual Insurance’, it will provide coverage up to the over $23 billion industry. Stablecoin users have a sigh of...
PayPal Reveals Reasons for Not Supporting Ripple’s XRP as Number of XRP Whales Rises
Over the past week, XRP has been on a continuous rise like Bitcoin and Ethereum. With a market cap of over $12 billion, XRP is currently trading at $0.27.As the number of XRP whales rises, PayPal Holdings Inc (NASDAQ: PYPL) revealed its reason for...
Grayscale Bitcoin Cash Trust Loses $1.6M after BCH Hard Fork
The Bitcoin Cash hard fork has pushed BCH price sideways with more sellers in the fray. The Grayscale Bitcoin Cash Trust reported a dip in the assets under management over the period of last week.On Sunday, November 15, as a result of hard fork,...
Retail Is Coming: Game of Thrones star asks Twitter if she should long Bitcoin
It appears that we’re in the part of the Bitcoin bull run where celebrities want in on our favorite orange coin.Joining a number of other prominent celebrities, “Game of Thrones” star Maisie Williams recently asked her Twitter followers if she should buy the leading...