Web Stories
UK’s FCA Regulations Could Strip Crypto Marketing of Its Memes and Finfluencer Fun
The UK's Financial Conduct Authority (FCA) looks set to tighten its oversight of crypto marketing and promotions with stricter rules that could take the fun out of crypto memes and…
Cathie Wood: Bitcoin Could Hit $1.5 Million, Conviction Has Increased
Cathie Wood, the CEO and CIO of Ark Invest, believes that bitcoin could potentially hit $1.5 million per coin based on her firm's internal analysis. Wood shared her bullish bitcoin…
FSB Publishes Final High-level Recommendations for Regulating Global Stablecoin Arrangements
The Financial Stability Board (FSB) has published final recommendations to regulate and supervise so-called "global stablecoin" arrangements. The recommendations aim to promote consistent and effective oversight of stablecoins across jurisdictions…
Barclays Joins Wall Street Calling XRP Ruling Positive for Coinbase
British banking giant Barclays said the U.S. court's partial ruling in favor of Ripple was "incrementally positive" for Coinbase stock. The U.S. Southern District Court recently ruled that Ripple's XRP…
Over 200 Ethscriptions Stolen in Smart Contract Exploit on New NFT-Like Protocol
A novel Ethereum protocol that allows users to create digital objects called "Ethscriptions" has been hit by a major security exploit, according to its creator. Ethscriptions, launched last month by…
GBTC Volumes Surge to Highest Levels of The Year, Says Data From The Block
Grayscale's GBTC, the largest Bitcoin investment product, has seen trading volumes surge to the highest levels of the year on July 13, according to data from cryptocurrency news and research…
Celo Seeks to Become Ethereum Layer 2 Through Strategic Upgrade
The team behind the Celo blockchain is proposing a strategic upgrade that would see the project transition from an independent layer 1 network to an Ethereum layer 2 solution. CLabs,…
CZ Confirms Binance Layoffs But Disputes Reported Numbers
Binance CEO Changpeng Zhao has confirmed that the crypto exchange had to undertake some "involuntary terminations" as part of its strategy to increase talent density. However, he disputes the huge…
Ripple CEO: SEC Appeal in XRP Case Could Take Years
Brad Garlinghouse, CEO of Ripple Labs, believes the U.S. Securities and Exchange Commission will face a lengthy appeals process if it chooses to challenge the recent court ruling in the…
Fantom Team Attempts to Recover Funds After Multichain Bridge Hack
Cryptocurrency blockchain platform Fantom is attempting to recover user funds after the recent hack of cross-chain bridge Multichain, according to comments from Fantom co-founder Andre Cronje. In a forum post,…
