What are the Howey test and its implications for cryptocurrency?
19 Mar 2023
297 Views

The Howey test’s impact on cryptocurrency, explained — legal implications, compliance requirements and more. What is the Howey test? The Howey test is a legal test used in the United States to determine whether a transaction qualifies as an investment contract and, thus, is considered a security under federal law. The test was established by…

Former Coinbase CTO makes $2M bet on Bitcoin’s performance
19 Mar 2023
432 Views

Balaji Srinivasan has predicted Bitcoin will reach $1 million within 90 days as a consequence of hyperinflation in the United States. Former Coinbase chief technology officer Balaji Srinivasan has made a millionaire bet on Bitcoin’s price over the next 90 days, predicting the cryptocurrency price will reach $1 million by June 17. The wager was initiated on March…

More 186 US banks well-positioned for collapse, SVB analysis reveals
18 Mar 2023
298 Views

Rising interest rates, which brought down the U.S. banking system’s market value of assets by $2 trillion, combined with a large share of uninsured deposits at some U.S. banks, threatens their stability. The perfect mix of losses, uninsured leverage and a greater loan portfolio, among other factors, resulted in the fall of Silicon Valley Bank…

Microsoft reportedly testing Edge browser web3 wallet integration
18 Mar 2023
361 Views

The supposed screenshots show a non-custodial crypto and NFT-friendly Microsoft Web3 wallet embedded into Edge. Microsoft is reportedly working on integrating a crypto and nonfungible token (NFT) friendly Web3 wallet into its Edge web browser. In a March 17 Twitter thread, software documenter — and occasional info leaker — Albacore shared a series of supposed Edge user…

Real-world assets tokenization lacks infrastructure, not just regulation
18 Mar 2023
326 Views

Assets tokenization has been held back by lack of infrastructure and regulatory standards worldwide. The next generation of securities and asset tokenization has been held back by a lack of infrastructure and regulatory standards worldwide, according to BlackRock’s Larry Fink. The merger between decentralized finance (DeFi) and traditional assets, however, has been held back by…

Crypto market cap reclaims $1T, and derivatives point to further upside
18 Mar 2023
292 Views

Bitcoin’s performance has outpaced Warren Buffett’s Berkshire Hathaway over the past six months, with crypto markets appearing to have turned a corner. The total crypto market capitalization increased by 26% in seven days, reaching $1.16 trillion on March 17. Bitcoin was the biggest winner among the top 20 coins, up 31.5%, though some altcoins gained 50%…