Decentralized finance to be examined at inaugural CFTC tech advisory meeting
    02 Mar 2023
    262 Views

    A panel at an upcoming advisory meeting for the financial regulator will “explore issues in decentralized finance.” The United States commodities regulator is set to take a close look at the decentralized finance space at an upcoming meeting of its tech committee, where it has also invited crypto industry executives to present. The Commodities Futures…

    Notorious Monkey Drainer crypto scammer says they’re ‘shutting down’
    02 Mar 2023
    287 Views

    The scammer behind the crypto wallet draining kit even recommended an alternative and gave advice to budding cybercriminals. The cryptocurrency phishing scammer behind some of the most high-profile and high-value Web3 thefts is claiming to have packed up shop and is “moving on to something better.” The scammer by the pseudonym Monkey Drainer posted to their Telegram…

    Coinbase launches grassroots campaign for pro-crypto policy in the U.S.
    01 Mar 2023
    202 Views

    The company provided a link for voters to sign up so that they can gain information about local politicians’ crypto policies. Coinbase has launched a grassroots political campaign to promote pro-crypto policies, according to a Feb. 28 Twitter thread from the company. The company said that the #Crypto435 campaign is intended to “grow the crypto advocacy community…

    Bitcoin bulls remain in charge even in the face of increasing regulatory FUD
    28 Feb 2023
    285 Views

    BTC’s correction to $22,750 followed negative remarks from financial regulators, but key Bitcoin price metrics show bulls remain optimistic. Bitcoin price broke above $25,000 on Feb. 21, accruing a 53% year-to-date gain. At the time, it made sense to expect the rally to continue after U.S. retail sales data from the previous week vastly surpassed the…

    Americans ‘frustrated’ by financial system inequality, 20% own crypto: Survey
    28 Feb 2023
    316 Views

    Crypto ownership among U.S. adults has remained steady over the last 12 months, with a large portion seemingly “frustrated” by the one-sided global financial system. A whopping 80% of American adults believe the financial system favors those with “powerful interests,” while 20% currently own cryptocurrency, a new survey has revealed. Commissioned by crypto exchange Coinbase, the…

    FSB, IMF and BIS papers to set global crypto framework, says G20
    27 Feb 2023
    292 Views

    A series of recommendations and papers setting standards for a global crypto regulatory framework will be released by the institutions in July and September. The Financial Stability Board (FSB), the International Monetary Fund (IMF), and the Bank for International Settlements (BIS) will deliver papers and recommendations establishing standards for a global crypto regulatory framework, the…