Cyptocurrency

US Senate Committee to Release Updates On Developing Crypto Regulatory Framework

DoogieFeb 2·2 min read·If you want to support these articles, and you want access to millions of articles from other Medium partners, signup for a membership here! https://medium.com/@Doogie33/membershipU.S. Senator Tim Scott, the leading Republican on the Senate Banking Committee and representing…

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NFT Investment

Vivian AranhaJan 19·8 min readNFTs, or non-fungible tokens, are a type of digital asset that represent ownership of a unique item or piece of content, such as artwork, videos, music, or collectibles. NFTs are created using blockchain technology, which allows for…

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Long-standing crypto project vs. scam: Ava Labs CEO shares key difference

Emin Gün Sirer, creator of the Avalanche Consensus protocol and CEO of Ava Labs, believes that there is one very straightforward method to spot a long-standing cryptocurrency project.On Feb. 7 ​​Sirer discussed blockchain venture capital and crypto regulation in a fireside…

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Dubai releases crypto regulations for virtual asset service providers

The Virtual Asset Regulatory Authority (VARA), the regulator in charge of overseeing cryptocurrency laws within Dubai, has issued new guidelines for virtual asset service providers (VASPs) operating within the emirate. According to Irina Heaver, a crypto and blockchain lawyer based in the…

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Bitcoin takes ‘lion’s share’ as institutional inflows hit 7-month high

Bitcoin (BTC) rebounding 40% in January sparked the largest inflows of institutional cash since June 2022, data shows.In its “Digital Asset Fund Flows Weekly” report on Jan. 30, digital asset investment and trading group CoinShares confirmed $117 million heading into crypto…

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‘Multichain future is very clear’ — MetaMask to support all tokens via Snaps

MetaMask Snaps aims to facilitate a “multichain future,” allowing the Ethereum-based wallet service to support non-native blockchains and tokens for the Web3 economy.Details of the latest in-development addition to MetaMask’s growing ecosystem were unpacked at the StarkWare Sessions event in Tel…

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Layer1 CEO alleges co-founder is using majority power to ‘ransack’ company

The CEO of crypto miner Layer1 Technologies has filed a lawsuit against the firm’s two other board members — including co-founder Jakov Dolic — for allegedly commandeering Layer1’s operations for their own gain. Layer1 CEO John Harney and DGF Investments Inc —…

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Former Coinbase manager slams SEC in motion to dismiss insider trading case

A former product manager at cryptocurrency exchange Coinbase has moved to dismiss charges of alleged insider trading, with his lawyers arguing the tokens he allegedly traded were not securities.Lawyers representing ex-Coinbase employee, Ishan Wahi, and his brother, Nikhil Wahi, filed a…

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Genesis creditors to expect 80% recovery under proposed restructuring plan

A Genesis creditor has revealed the new proposed restructuring plan between Genesis, Digital Currency Group and creditors will see creditors getting back at least 80% of their funds. On Feb. 6, Genesis Global announced it reached an “agreement in principle” with Digital…

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Digital bank Revolut launches crypto staking for UK and EEA customers: Report

United Kingdom-based neo-banking platform Revolut, which boasts 25 million customers globally, has introduced crypto staking to its U.K. and European Economic Area (EEA) customers. According to a report from London-based news agency AltFi, the staking feature is expected to go live this…

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Australia and the UK share their big picture of crypto: Law Decoded, Jan. 31–Feb. 6

The U.K. outline of the future financial services regulatory regime for crypto covers a broad range of topics, from the troubles of algorithmic stablecoins to nonfungible tokens and initial coin offerings. And it’s certainly good news for the industry, as the…

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‘Decentralized Infura’ may help prevent Ethereum app crashes: Interview

Infura is developing a decentralized marketplace of data providers that will help to prevent Web3 app crashes in the future, according to a Feb. 6 Cointelegraph interview with Infura researcher Patrick McCorry.McCorry stated that the new “Dfura” or “decentralized Infura” will…

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