Banking
BNY Mellon’s crypto custody venture runs afoul of SEC rules
The SEC's accounting rules pose a challenge to BNY Mellon's crypto custody business.
Samuel Wan Recent Articles
Crime
Couple mistakenly paid $10.5M by Crypto.com defends spending spree as contest winnings
The pair who received $10.5 million by mistake are charged with theft. After buying houses and cars, among other things, $3 million remains unaccounted for.
Macro
Dominic Frisby gives his take on investing in Bitcoin, gold
Author Dominic Frisby makes a case for holding both BTC and gold when it comes to protecting oneself during precarious geopolitical times.
Bear Market
Paul Tudor Jones sees Bitcoin much higher as fiscal excess unwinds
Billionaire hedge fund manager Paul Tudor Jones expects BTC and ETH to go much higher long term due to coming "fiscal retrenchment."
Regulation
EU signals regulatory intent with study on ’embedded supervision’ of Ethereum DeFi
The E.U. wants to gather real-time data on DeFi activity despite the MiCA bill excluding decentralized services.
Bankruptcy
‘Horrendous’ KYC risks on show as website detailing Celsius users’ losses goes live
Celsius users could be at risk of violence and robbery following the public release of personal data as part of the firm's bankruptcy process.
Metaverse
Decentraland dispute claims its virtual world platform is a ghost town
DappRadar data showed Decentraland's daily average users came in at 30 people, however, the platform says a more accurate gauge of user activity is the number of unique visitors.
Macro
Bitcoin sinks as US payroll data shows 263K new jobs added in September
Bitcoin sell off occurs in reaction to news the red hot U.S. labour has continued on into September.
Bankruptcy
Court filing ‘doxing’ Celsius users draws questions on KYC, bankruptcy processes
Crypto Twitter has exploded with anger over Celsius users being "doxed" by the platform. However, the release of personal information was down to bankruptcy law rather than malicious intent.
Mining
Bitcoin miners capitulation passes, but spiking hash rate keeps pressure on
Spiking hash rates make Bitcoin mining more competitive than ever before. In this environment, mining revenue continues to slump. But the extent to which miners are selling BTC is lessening.
Technology
Despite Tornado Cash fiasco, Bitcoin SV launches ‘Blacklist Manager’ tool
Following Tornado Cash sanctions, censorship has become a hot button topic of late. But Bitcoin SV launches a new tool enabling miners to freeze tokens.
Culture
Calls mount for Louisiana state to buy Bitcoin following BlackRock divestment
Louisiana will pull $794 million from BlackRock over its support of ESG principles. Some say the state should allocate funds into agenda-free Bitcoin.
Metaverse
Decentraland has just 30 daily active users despite billion dollar market cap – DappRadar data
Decentraland data per DappRadar is being questioned based on the low number of daily active users on the platform.
