Regulation may be just what Bitcoin needs

    Summary Bitcoin has come under regulatory scrutiny in the last few months. I see this as an incredibly bullish sign, showing that Bitcoin is becoming a legitimate financial asset. Regulation will ultimately help increase adoption, which is good news if you own Bitcoin. Since its inception, and especially in the last 6 months, Bitcoin (BTC-USD)…

    Crypto entrepreneur in his 16 launches Y Coin with the more democratic governance

    Meet Youssof Altoukhi, a very young entrepreneur who has launched his own coin ‘Y Coin,’ intending to set a template on how to democratize decision-making when launching a project or token. Grew up in London, Youssof, in his 16, has had a surprising various entrepreneur practice. His first move into business involved selling products to…

    JPMorgan silently offers crypto investments despite its CEO anti-crypto attitude

    As CNBC reported, global investment bank JPMorgan has silently begun giving its wealth management clients access to six cryptocurrency investment funds, despite Jamie Dimon, CEO, continually advising against investing in cryptocurrencies like Bitcoin. JPMorgan Chase is now offering six cryptocurrency investment funds to clients, says CNBC citing people with knowledge of the move. The bank’s…

    Crypto Trends Weekly 31 July – 06 Aug.

    Breaking crypto news from the last week (31 July – 06 August 2021): 31 July: US officials hire a cryptocurrency firm to hold Bitcoin it’s seizing. Following a rise in crypto-related crimes, federal law enforcement is seizing a lot of crypto assets. Now the US government has hired a cryptocurrency firm to hold all its…

    BTC and Twitter: what to expect from their cooperation?

    Twitter CEO Jack Dorsey has announced plans to integrate Bitcoin into Twitter’s existing products and services. In terms of mass societal acceptance, this could become a decisive breakthrough for the first cryptocurrency. Twitter CEO Jack Dorsey says his company plans to implement BTC support in several of its products and services, including subscriptions and e-commerce….

    Polkadot vs. Ethereum: Clash of titans for blockchain supremacy

    While Polkadot and Ethereum are entering the final stretch of the race for blockchain supremacy, comparing them is almost inevitable. They use a comparable architecture on the technical level and proof-of-stake consensus to achieve scalability. Vitalik Buterin and Dr. Gavin Wood also have a shared history in Ethereum. This year is set to be a…

    Will CBDC undermine the advantages of private crypto?

    Gillian Tett writes in the FT column on how the Boston Fed and MIT are building an entirely new CBDC platform to displace existing cryptocurrencies. Later this month, the Federal Reserve holds its Jackson Hole meeting to discuss another big experiment: how soon can the Fed create an effective central bank digital currency (CBDC)? The…

    Top 10 most popular cryptocurrencies

    Each cryptocurrency has its own technological properties, appeal to buyers, and unique backstories. They are typically ranked by market capitalization because the value of a cryptocurrency reflects investor appetite. But behind the tokens, blockchains, and prices, there are more complex stories about each cryptocurrency. Nasdaq Inc. selected the top ten of the largest and most…

    Crypto industry at the crossroads. Part 2

    The AML / CFT requirements for crypto business are becoming more and more stringent. And as ShapeShift’s recent refusal to cooperate with regulators and transition to DEX status demonstrates, not everyone is ready to accept this. But what comes next? Cryptocurrencies started out as a true ode to decentralization. Think back to what all the…

    SEC first-ever charges DeFi company for $30 million token fraud

    The US Securities and Exchange Commission (SEC) charged Cayman Islands-registered DeFi Money Market (DMM) and its two top executives for unregistered sales of more than $30 million of securities using smart contracts and decentralized finance. This is the SEC’s first securities case involving DeFi technology. Florida residents Gregory Keough and Derek Acree, along with Cayman…