Market focus

Commercial lawyers with a solid knowledge of blockchain and crypto tech will be in particularly high demand. Crypto-versed lawyers will play an increasingly important role in Web3 firms — particularly as the industry braces for regulatory turbulence following the implosion of FTX, two legal academics believe. Boston Law School professor and chief compliance officer at crypto exchange…

It is not all plain sailing when it comes to Bitcoin’s price recovery this year, with U.S. liquidity conditions calling the shots. Bitcoin still risks “considerable danger” in 2023 as macroeconomic conditions dictate price action. That is according to economist Lyn Alden, who, in private comments to Cointelegraph, cautioned on Bitcoin staying bullish after its January…

80% of UNI holders voted to support the deployment of the Uniswap protocol’s v3 to BNB Chain, while the remaining voters voted against the move. A “temperature check” proposal to deploy the Uniswap v3 protocol to BNB Chain received overwhelming support from the Uniswap community on its governance forum. 80% of voters holding Uniswap’s UNI governance token have…

Securities and Exchange Commissioner Hester Peirce highlighted that despite a very bad year, there are lessons for the crypto industry to learn. Hester Peirce, a commissioner on the Securities and Exchange Commission (SEC), said that after a terrible year, industry players need to remember what crypto is really about. In a speech at the Digital…

Paul Veradittakit of Pantera Capital believes now could be a good time for new entrepreneurs to enter the crypto space. Despite depressed crypto prices and recent company collapses, one of the key investors behind crypto hedge fund Pantera Capital believes there’s never been a better time to start a blockchain company. As part of a…

A SWIFT-style system for bank-issued and regulated digital currencies was launched by a firm with a tenure building China’s national blockchain project. A Hong Kong-based blockchain company has launched a digital payments system aimed at bridging the gap between stablecoins and Central Bank Digital Currencies (CBDCs). Red Date Technology, the blockchain infrastructure firm which is…