cryptocurrency

Cardano Creator Thanks Davos 2022 for ‘Being a Walking Cryptocurrency and Blockchain Advertisement’

On Tuesday (May 24), Charles Hoskinson, who is Co-Founder and CEO of IO Global (aka “IOG”, formerly known as “IOHK”), the company responsible for Cardano’s research and development, credited Davos 22 for inadvertently promoting blockchain technology and cryptocurrency. Hoskinson was referring to concerns raised by some prominent members of the crypto community — such as Chinese-Canadian Bitcoin entrepreneur […]

Goldman CEO Is ‘A Real Bull on the Digital Disruption of Financial Infrastructure’

Recently, David Solomon, who is Chairman, CEO, and a member of the Board of Directors of  The Goldman Sachs Group, Inc., shared his thoughts on blockchain technology and cryptocurrencies. Solomon made his comments on May 18 during an interview with Andrew Ross Sorkin on CNBC’s “Squawk Box”. When asked how Goldman sees itself gitting into […]

‘Crypto Bros’ Are Moving to ‘Silicon Bali’

A growing number of crypto supporters are flocking to the beach resorts of Bali to live out their fantasies of a digital utopia.  According to a report by Financial Times (FT), Bali has become the premier destination for the world’s crypto enthusiasts. The report profiles the experience of 33-year-old Russian blockchain entrepreneur Ilia Maksimenka, who […]

BBC News: Gen Z Is ‘Hooked’ on Cryptocurrency and NFTs

A recent report by the BBC News details how Generation Z (“Gen Z” for short) has become completely hooked on the allure of cryptocurrency and non-fungible tokens (NFTs).  Her is how Wikipedia defines Gen Z: “Generation Z (or Gen Z for short), colloquially also known as zoomers, is the demographic cohort succeeding Millennials and preceding […]

BoE Deputy Governor for Financial Stability: Cryptoassets Have ‘No Intrinsic Value’

On Tuesday (May 17), Sir Jon Cunliffe, Deputy Governor for Financial Stability at Bank of England (BoE), spoke about cryptoassets at the three-day event “The Future of Everything“, which is hosted by Wall Street Journal (WSJ). According to his BoE bio, Sir Jon Cunliffe “became Deputy Governor for Financial Stability on 1 November 2013.” He […]

Cardano ($ADA) Founder Tells Newcomers to Crypto Market There Is No Reason To Panic

Charles Hoskinson, who is Co-Founder and CEO of IO Global (aka “IOG”, formerly known as “IOHK”), the company responsible for Cardano’s research and development, is doing his best to quell concerns over a crypto market recession, saying that large corrections are routine for the industry.  In a video released on his YouTube channel on May 11, Hoskinson […]

Some London Muggers Are Reportedly Targeting Crypto Investors’ Mobile Phones

A recent report by The Guardian claims that crypto muggings are on the rise in London, as thieves target phones in order to gain access to digital assets.  According to the report, police have warned that thieves are targeting digital currency investors in a wave of “crypto muggings.” Victims are reporting that thousands of pounds […]

Opera’s Crypto Browser Integrates With Binance’s BNB Chain

Opera (NASDAQ: OPRA), “the company behind the popular multi-platform web browser”, has added support for BNB Chain in its “Crypto Browser” project. On February 15, Binance announced BNB Chain, which it referred to as “the Evolution of Binance Smart Chain.” Binance said that the BNB Chain network has two components: “BNB Beacon Chain (previously Binance Chain) […]

More and More Moms Are Embracing Crypto to Help Their Families Get Richer

Moms are increasingly turning to crypto as the world edges towards a digital landscape.  According to a report by NBC News, moms are diving into the crypto space in an attempt to educate themselves on the digital landscape. The report profiles the efforts of Sarah Monson, who became motivated to learn about cryptocurrencies and NFTs […]

The Story of How One Man’s Crypto Addiction Nearly Ruined His Life

A recent report from a patient attending a rehab clinic in Thailand for his crypto addiction sheds light on what might be a growing problem for many around the word as crypto goes more and more mainstream. According to a report by CoinDesk, crypto addiction — while not often spoken about — is similar to […]

World’s Largest Family-Owned Private Bank Now Offers ‘Direct Investments’ in Crypto

On Wednesday (May 4), Liechtenstein’s LGT Bank, which is part of LGT Group, “the largest family-owned private banking and asset management group in the world”, announced that it “now offering direct investments in cryptocurrencies.” LGT, which was formerly known as The Liechtenstein Global Trust, is” owned by the princely House of Liechtenstein through the Prince […]

ECB Executive Board Member: Crptoassets Are ‘Creating a New Wild West’

On Monday (April 25), Fabio Panetta, who is a Member of the Executive Board of the European Central Bank (ECB), gave a speech in which he talked about the rapidly rising popularity of cryptoassets, the dangers they poses, and the importance of adequately regulating them. Here is how Panetta started his speech at Columbia University […]

Mastercard’s Head of Crypto Not Concerned About Threat From Blockchain Technology

Recently, Raj Dhamodharan, Executive Vice President of Blockchain / Digital Asset Products and Digital Partnerships at Mastercard, explained why his firm does not blockchain technology and cryptocurrency as threats to his firm’s principal business. Dhamodharan, who has been working at Mastercard for nearly 12 years (and before that he worked for around seven and half […]

Opera Launches Beta Version of Their ‘Crypto Browser’ for iPhone and iPad

Recently, Opera (NASDAQ: OPRA), “the company behind the popular multi-platform web browser”, announced the launch of iOS support for their “Crypto Browser” project. According to the press release issued by Opera on April 14, “Web 3 is gaining momentum, with a record 34 thousand developers having joined the space in 2021 to work on a growing number […]

‘Impulsive Psychopaths Like Crypto’, Says Recent Research Report

A recent research report by three academics based in Australia claims “the high risks and high potential returns of crypto trading make it attractive to the kind of people who like gambling.” According to a report by The Conversation published on April 11, the three academics — Di Wang, Senior lecturer at Queensland University of […]

Report: 3.6 Million Americans Will Be Using Crypto in 2022 To Pay for Purchases

A new report claims that 3.6 million Americans will use cryptoassets for purchases before the end of 2022.  According to a report by The Street, citing data from Insider Intelligence, crypto adoption is accelerating in 2022, with 10.7% of all crypto owners in the U.S. expected to use their digital assets for payments. The report […]

Report: London Offers Booming Job Market for Crypto

A recent report claims that London has become a hotspot for job offerings in the crypto industry.  According to a report by City A.M., the United Kingdom is gaining on the United States in the number of crypto job vacancies being posted. The report claims crypto job hunting in the US currently stands at 3,893, […]

Dr. Ryan Clements Warns of Systemic Risks of Terra ($LUNA) Ecosystem

On Wednesday (April 20), Dr. Ryan Clements, who is an assistant professor at University of Calgary’s Faculty of Law, explained why he remains wary of decentralized algorithmic stablecoin TerraUSD ($USDT) even though it is now partially collateralized by the “forex reserves” (denominated mostly in Bitcoin) of Luna Foundation Guard (LFG). What Is TerraUSD ($UST) Works […]

Geopolitical Tailwinds Have ‘Strengthened Long-Term Value Proposition’ of Crypto: CryptoCompare Report

In a wide-ranging report leading cryptocurrency market data and index provider CryptoCompare has suggested that in the short to medium term it sees a recession in global financial markets, although geopolitical tailwinds have “strengthened the long-term value proposition” of crypto. In its Outlook 2022 report, CryptoCompare details that in financial history there have been instances […]

Blockchain.com Signs ‘Historic’ Sponsorship Deal With NFL Team Dallas Cowboys

Blockchain.com, which describes itself as “the world’s leading crypto finance house serving people, projects, protocols and institutions since 2011,” has announced a new sponsorship deal with the National Football League’s Dallas Cowboys team.  Blockchain.com issued a press release on April 13 to announce that it will “become the exclusive digital asset partner of the Dallas […]

‘Shark Tank’ Star Says ‘A Wall of Money’ Is Waiting To Invest in Crypto

Canadian investor Kevin O’Leary (aka “Mr. Wonderful” on ABC TV series “Shark Tank“), said in a recent interview that a massive amount of institutional investment capital is waiting to flow into crypto.  O’Leary claims that institutional capital is waiting on the sidelines for regulatory clarity before investing in crypto. During an interview with Michelle Makori, editor-in-chief of Kitco News, at the recent Bitcoin […]

Ex-Goldman Exec Highlights Bullish Indicators and High Upside for Crypto Markets

Former Goldman Sachs executive Raoul Pal says that the crypto markets have reached their relative price low, and that the industry is positioning itself for another rally.  Prior to founding macro economic and investment strategy research service Global Macro Investor (GMI) in 2005, Pal co-managed the GLG Global Macro Fund in London for global asset management firm GLG Partners (which […]

Report: Germany Replaces Singapore As ‘Most Crypto-Friendly Country’ in Q1 2022

A research report published earlier this week states that in Q1 2022 the top five most crypto-friendly countries in the world were Germany, Singapore, United States, Australia, and Switzerland. According to Coincub’s report, which was published on April 13, there were several factors behind their decision for giving the #1 position in their list of […]

Crypto Under Pressure As White House Warns of ‘Extraordinarily Elevated’ March CPI

On Tuesday (April 12), Bitcoin and other cryptoassets — as well as U.S. stock futures — are under pressure as investors wait for the U.S. Bureau of Statistics to release March 2022 Consumer Price Index (CPI) data. According to the Bureau of Labor Statistics, the CPI is “a measure of the average change over time in the […]

Coinbase Removing Transaction Fee ‘for All Crypto Spending’ With Coinbase Card

Coinbase has announced details about improvements to their crypto debit card. On 28 October 2020, Coinbase published a blog post that introduced the Coinbase Card. On this date, customers in the U.S. could can join the waitlist for Coinbase Card, a Visa debit card that allowed “crypto to be used for payments and purchases online and in-store […]

U.S. Treasury Secretary on ‘Digital Assets Policy, Innovation, and Regulation’

On Thursday (April 7), U.S. Treasury Secretary Dr. Janet Yellen gave a speech on “digital assets policy, innovation, and regulation” at American University’s Kogod School of Business Center for Innovation. Below are some key highlights from Yellen’s speech (based on the press release issued by the U.S. Department of the Treasury). Yellen started by reminding the attendees […]

U.S. SEC Chairman: ‘Most Crypto Tokens’ Are Securities

On Monday (April 4), Gary Gensler, the Chairman of the U.S. Securities and Exchange Commission (SEC), expressed his concerns about the crypto market during a keynote speech for the annual conference of Penn Law Capital Markets Association of the University of Pennsylvania Carey Law School. Gensler was nominated by President Joe Biden to Chair the […]

Georgia’s Central Bank Working With IMF to Develop Regulatory Framework for Crypto

Koba Gvenetadze, the governor of the National Bank of Georgia (NBG), which is the central bank of Georgia (a former republic of the Soviet Union), said in a recent interview that NBG is working on a regulatory framework for crypto. In an interview published on Monday (April 4) in Georgian news outlet “The Financial”, Gvenetadze […]

SkyBridge Capital Founder: Next Batch of Presidential Candidates Will Be Pro-Crypto

Former White House Director of Communications Anthony Scaramucci, who is the founder and managing partner of global alternative investment firm SkyBridge Capital (“SkyBridge”), is predicting that both candidates in the 2024 U.S. presidential election will be supporters of crypto.  During in an interview on Crypto Banter, Scaramucci gave the prediction that the White House will become increasingly favorable […]

Managing Director of LMAX Digital on Increasing Institutional Interest in Crypto

On Wednesday (March 30), Jenna Wright, Managing Director at LMAX Digital, was interviewed by James Harris, Commercial Director at leading digital asset market data provider CryptoCompare, at this year’s CryptoCompare Digital Asset Summit. LMAX Group is “a global financial technology company and the leading independent operator of multiple institutional execution venues for FX and crypto […]

‘Satoshi Island’ Is Being Flooded With Applications for Free ‘Citizenship NFTs’

A private island (“Satoshi Island”), which is part of the Republic of Vanuatu, an island country located in the South Pacific Ocean, is being developed to be a “crypto utopia”. Here is a brief description of the Satoshi Island project: “Satoshi Island is a 32 million square foot private island, located in the tropical paradise of Vanuatu, […]

‘Pepper’ Set to Become First Israeli Banking Platform To Offer Crypto Trading

Pepper Invest, the investment app of Pepper, Bank Leumi’s digital bank, will soon offer crypto trading.  According to Bank Leumi’s press release, the new service is the result of a collaboration between Israel’s Leumi Group and U.S. company Paxos, a leading regulated blockchain infrastructure platform. Following completion of regulatory approvals, the service will allow Pepper Invest […]

U.S. Treasury Secretary Janet Yellen: Crypto Has ‘Grown by Leaps and Bounds’

Earlier today (March 25), U.S. Treasury Secretary Dr. Janet Yellen shared her thoughts on crypto during an interview with CNBC. Yellen’s comments about crypto were made while she was being interviewed by CNBC “Squawk Box” co-anchor Andrew Ross Sorkin. After Sorkin told Yellen that Russia’s energy chief had expressed on Thursday (March 24) the idea […]

Goldman Sachs Becomes First Major Wall Street Bank To Do an OTC Crypto Trade

American multinational investment bank and financial services company Goldman Sachs has executed its first over-the-counter (OTC) crypto transaction. As first reported by CNBC on Monday (March 21), Goldman traded a bitcoin-linked instrument called a non-deliverable option with Galaxy Digital, “a technology-driven financial services and investment management firm that provides institutions and direct clients with a full suite […]

Bitwise CIO Predicts ‘A Bull Market That Could Last at Least Through This Year’

Matt Hougan, chief investment officer at crypto-focused investment firm Bitwise Asset Management, is predicting a big rally following President Joe Biden’s Executive Order on “Ensuring Responsible Development of Digital Assets”, which was signed on March 9. Here were the main objectives of this executive order: “We must protect consumers, investors, and businesses in the United States.“ […]

‘Coinbase Pay’ Makes It Possible To Buy NFTs or Engage in DeFi ‘In Just a Few Clicks’

Popular US-based exchange Coinbase has announced the launch of Coinbase Pay, an easy way for users of the platform to participate in Web3 and other crypto services. According to Coinbase’s blog post, Coinbase Pay will function as a simple way for users to fund their Coinbase Wallet from the Chrome extension app. The company highlights […]

Ethereum Co-Founder: Ukraine-Russia War Setting Stage for Mainstream Crypto Adoption

Ethereum co-founder Joe Lubin says that digital assets are proving to be a powerful weapon for Ukraine as it continues to resist Russian invasion.  Speaking in an interview with Decrypt’s editor-in-chief Dan Roberts, the founder and CEO of ConsenSys said that the crisis in Eastern Europe is creating a “point of no return” for crypto’s […]

Ripple’s General Counsel: SEC’s ‘Regulation by Enforcement’ Hurts Crypto Space

Stuart Alderoty, General Counsel at Ripple, says that if U.S. Congress and regulators do not “work together to provide regulatory clarity to the crypto industry,” 2023 could be the first year “a country other than the U.S. leading the digital asset revolution.” In an op-ed piece published on Friday (March 18) on RealClearMarkets.com, Alderoty started […]

Ukraine Has ‘Legalized the Crypto Sector’, Says Ukraine’s Ministry of Digital Transformation

On Wednesday (March 16), Ukraine’s Ministry of Digital Transformation announced President Volodymyr Zelensky had “signed the Law of Ukraine ‘On Virtual Assets’, which was “adopted by the Verkhovna Rada of Ukraine on February 17.” In a press release issued at 3:14 p.m. UTC, the Ministry of Digital Transformation said that this law “creates conditions for […]

South Korean Pro-Crypto Candidate Yoon Suk-yeol Becomes President

South Korea has elected the pro-crypto, conservative candidate Yoon Suk-yeol as their nation’s next president.  According to a report by The Block, citing data from the BBC’s coverage, Yoon and his opposition People Power Party won the presidential election by a margin of less than 1% of votes. Yoon’s presidential election win presents potential ramifications […]

Millennial Investors are Driving India’s Crypto Boom While Shunning ‘Boring’ Stocks

Young Indian investors are shunning “boring” traditional assets like stocks and bonds in favor of pursuing crypto.  According to a report by CNN Business, India has seen a huge boom in cryptoasset trading since the start of the pandemic, despite concerns from the country’s government officials over digital currencies. Entrepreneurs are keying in on India, […]

Russian Parliamentary Group Supports Crypto Regulation, Opposes Outright Banning

A working group from Russia’s Parliament has declared that there should be “mechanisms” in place to control crypto transactions.  According to a report by Cointelegraph, citing sources from local media, a State Duma (the lower chamber of Russia’s Parliament) working group has given its support in favor regulating, as opposed to outright banning, cryptoassets. The […]

Crypto Donations to Ukraine Topped $50 Million Across 100,000 Transactions

Cryptocurrency donations sent to the Ukrainian government and several non-governmental organizations meant to support the country amidst its ongoing war with Russia have topped $50 million across more than 100,000 transactions. According to on-chain analytics firm Elliptic, the Ukrainian government and NGOs supporting the country’s military efforts and humanitarian causes have kept on receiving cryptocurrency donations […]

‘Talking Crypto May Help Americans in the Dating Pool Find Love’, Suggests eToro Survey

The results of a recent survey by social trading and multi-asset brokerage eToro suggest that “talking crypto may help Americans in the dating pool find love (or at least a second date) this Valentine’s Day.” According to eToro’s press release, findings from the company’s first Crypto & Culture survey — which was released on January […]

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