Key developments in consumer, corporate, government and institutional adoption of Bitcoin and blockchain technologies.
France facing backlash for Binance regulatory approval, French MEP called the move “surprising and worrying”
French MEP Aurore Lalucq appealed to the French market regulator to review its decision to approve Binance's operations in France
Op-Ed: Why crypto bailouts are a double-edged sword
Crypto originated as an response of the 2008 global financial crisis and its bailouts, but after more than a decade of success things seem to have come full circle
SEC Chairman Gary Gensler calls Bitcoin a commodity
The Chairman of the SEC said that Bitcoin is the only cryptocurrency he was ready to call a commodity.
Crypto hedge funds are bullish on Bitcoin and knee-deep in DeFi
PwC's research shows the number of crypto-focused hedge funds has risen to 300 despite the volatility in the market.
Goldman Sachs looks to buy Celsius’ assets for $2B as it is advised to file for bankruptcy
Goldman Sachs is seeking investors to raise $2B to buy Celsius assets if it files for bankruptcy following recent liquidity issues
Singapore’s changed stance on crypto
Last year, Singapore was gearing up to be a global crypto hub. Now the regulators are hardening their approach.
Op-Ed: Trustless bridges: A much-needed solution to the security risks of blockchain bridges
The implementation of blockchain bridges – also known as token bridges – is essential to create interoperability and allow the exchange and flow of digital assets, enabling greater liquidity between blockchains.
Bentley Motors gears up to drop its Genesis NFT collection on Polygon
Bentley believes NFTs can help transform the luxury automotive space just like they disrupted the art industry.
Conservative MP Matt Hancock advocates for “attractive” tax and regulatory regimes in the U.K.
The Conservative MP Matt Hancock stated that the UK needs to be more liberal in its approach to crypto regulation.
Ripple opens crypto hub in Toronto with intentions to employ 50 developers
Ripple has built a new office in Toronto, Canada, that will act as an engineering hub to drive crypto innovation. This new location is part of the company's global expansion.
Solana launches Android smartphone ‘purpose-built for crypto’
Solana has announced the launch of their Android smartphone named Saga and the Solana Mobile Stack software for Android.
Bitcoin could be a panacea for income inequality, says Forbes
Bitcoin emerges as a way to rescue the world's economy as the inflation continue to increase and the income gap widens.
eBay acquires KnownOrigin marketplace, expanding NFT business
KnownOrigin said it believes the acquisition would "help bring even more creators and collectors into the space."
Uniswap Labs acquires Genie to integrate NFTs into its products
The company said that the acquisition of Genie, the first NFT marketplace aggregator, will enable it to integrate NFTs into its own products and enable users to buy and sell NFTs through Uniswap.
Tether to launch new stablecoin token pegged to British pound
Tether CTO Paolo Ardoino hopes GBP₮ can support the U.K's plans to become a significant crypto hub.
THORchain achieves mainnet status as ‘fully functional, feature-rich protocol’
THORchain achieves mainnet status after more than 6 months without bugs, loss of funds or network instability. The cross-chain Liquidity Network offers native swaps in BTC, ETH, DOGE and BNB
El Salvador’s President says ‘Bitcoin will pick up, don’t worry and enjoy life’
El Salvador's President Nayib Bukele assured the crypto community that Bitcoin will heal and rise to new high levels and advised them to trust the process and enjoy life.