ESMA Chair says crypto needs urgent regulation to protect investors
Ross says the rising inflation will force retail investors to invest in risky cryptocurrencies, leading to greater risk-taking.
Turkey drafts new bills to increase regulatory oversight of crypto
Among the proposals is a requirement for crypto firms to have a minimum capital of 100 million liras (roughly $6 million).
SEC’s Hester Pierce claims US failed at regulating crypto
Peirce says the U.S. is not allowing innovation to develop and experimentation to happen healthily.
Nigeria and Developing Africa Group ink deal to launch a crypto project on Algorand
The project seeks to enable the international commercialization of all IP forms created and registered within Nigeria.
Stripe resumes BTC payments four years after suspending the service
Stripe partnered with OpenNode to offer users fast and cheap BTC payments.
FTX US looking for strategic acquisitions after ‘notable growth’ in users
FTX U.S. is targeting acquisitions and mergers that can help it secure more users and win regulatory licenses.
GameStop rolls out web3 wallet for crypto, NFTs
The GameStop web3 wallet is non-custodial and will let users complete transactions on the GameStop NFT marketplace once it goes live.
US House Ethics Committee launches insider trading probe into Madison Cawthorn’s crypto promoting
The probe seeks to determine whether Cawthorn may have improperly promoted a cryptocurrency in which he had an undisclosed financial interest.
Hacker steals $438K in crypto, NFTs after compromising Beeple’s Twitter account
The scammer sold the stolen NFTs on OpenSea and used a crypto mixer to launder the funds.
Lens Protocol: A composable decentralized social graph for a web3-ready community
Lens Protocol is a social graph that allows developers to launch web3-ready social media platforms and users to create metaverse-ready profiles.
CZ shares his thoughts on the crypto space following Terra’s collapse
CZ asserts that crypto projects must learn to always communicate with their communities, especially in times of crisis.
Goldman Sachs says the crypto crash will have a small impact on the U.S.
The 2022 crypto crash has deleted approximately $1 trillion from the market capitalization of the nascent sector.
South African central bank mulls digital rand to streamline cross-border payments
South African central bank's Deputy Governor Kuben Naidoo said a digital rand could reduce the cost of cross-border payments for banks.
YellowHeart teams up with Julian Lennon for a music-based NFT
Julian’s non-profit organization, The White Feather, will donate some of the proceeds of the NFT sale to the Ukraine refugee relief.
Universal Music Group ties with LimeWire to make music NFTs mainstream
This partnership seeks to bring digital music collectibles to a wider audience. Universal Music Group offered LimeWire licenses, allowing it to partner with its artists.
China makes a comeback in the Bitcoin mining scene
CCAF claims a significant amount of underground mining activity leveraging off-grid electricity and scattered small-scale operations is responsible for the BTC mining resurgence in China.
Animoca Brands co-founder says web3 is growing despite the recent crypto crash
Animoca Brands co-founder Yat Siu claims the recent crypto market rout is different from the one in 2018 because the industry has more utility, which makes it stable.
Kevin Lin’s Web3 firm Metatheory raises $24M in an a16z-led funding round
The Series A funding round attracted renowned investors like Pantera Capital and FTX Ventures, Breyer Capital, and Merit Circle.
French central banker says the G7 plans to discuss crypto regulations
Francois Villeroy de Galhau, the Head of the French Central Bank, claims the upcoming G7 meeting in Germany will see member states discuss crypto regulation, among other issues.