Cryptocurrency is slowly tending from being a marginal idea backed by crypto enthusiasts to a solid alternative asset class held by many respectable U.S. institutions. And the speed of this transition is growing day by day, as noted by Benzinga. The current moment is interesting in that the common belief was that governments would be…

Twitter Inc. on June 30 has announced the launch of its own collection of non-fungible tokens (NFT), which will be available on Rarible. The company will give away 140 new NFTs, the social network’s first official raid into digital assets, which are growing popular since the beginning of the year. On Wednesday, the San Francisco-based…

A wave of attacks by financial regulators from different countries on the largest crypto exchange, Binance, has swept the world. Although they began in early spring, the most serious incidents occurred over the last few days and weeks. From the outside, it looks as if the actions are coordinated, although that is yet impossible to…

Spain’s governing party wants to be the first country in Europe and the next in the world, after the Bahamas, to create a central bank digital currency (CBDC). The Spanish Socialist Party (PSOE) has proposed the creation of a study group to implement the digital euro as a public digital currency. As reported Spanish newspaper…

The emerging markets are hurry to embracing opportunities of the digital economy. After El Salvador becoming the first country has given a legal tender status to Bitcoin, a number of countries want to follow, writes Paul Opoku for Bitcoin Magazine. Latin American neighbors to El Salvador, such as Panama, Argentina, and Paraguay, have started a…

A non-fungible token (NFT) representing the original source code for the World Wide Web sold for $5.4 million at Sotheby’s in an online auction on Wednesday, as Reuters reported. Tim Berners-Lee, who wrote the code back in 1989, also known as the “Father of the Web,” plans to donate the money to charity. Sotheby’s organized…

Decentralized finance (DeFi) has at this point become such a significant part of the crypto world that it simply can no longer avoid the attention of various regulatory bodies. On the other hand, government regulators still cannot even deal with conventional cryptocurrencies. And since DeFi is much more difficult to figure out, it would be…

On Tuesday, Formula 1 has announced Crypto.com, the world’s fastest-growing crypto platform, as the inaugural global partner of the new Sprint series for 2021. The Hong Kong-based exchange with over 10 million users worldwide also sponsored Italian soccer’s Coppa Italia final in May and signed a deal with the National Hockey League team Montreal Canadiens…

U.S. Congressman Bill Foster has suggested that laws must allow federal courts to identify digital-asset holders and reverse blockchain transactions in Bitcoin and other digital currencies. But it’s doubtful that many crypto investors would like that policy. Speaking at a virtual event hosted by Axios on June 29, Bill Foster, U.S. congressman and Democratic Rep…

This is a story so simple that its almost frightening. Amir and Rais Kaji, two brothers from South Africa, created a large cryptocurrency exchange Africrypt in 2019. Lo and behold, they just disappear, along with 69,000 BTC of their clients – at the time it was worth over $ 4 billion (according to other estimates…