by Michael
Would the real USDP please stand up?Last month, Paxos, the issuer of the seventh-largest stablecoin in the $2 trillion global cryptocurrency market, renamed the token, previously called the Paxos standard, to the Paxos dollar. As part of the rebranding, the crypto...
by Michael
Money talks, often in metaphors. Today, El Salvador became the first country to adopt bitcoin as legal tender, allowing residents to pay all public and private debts in the cryptocurrency. It’s a policy without precedent in the world, and one that symbolizes the...
by Michael
U.S.-Crypto exchange Gemini has launched its interest-bearing product for the people of Hong Kong.“Gemini Earn” enables customers to receive up to 8.05% Annual Percentage Yield (APY), according to a press release on Tuesday.The exchange currently supports...
by Michael
Cryptocurrency exchange Coinbase has partnered with the National Basketball Association (NBA). The Nasdaq-listed crypto company is now the exclusive cryptocurrency platform partner of the NBA, Women’s National Basketball Association (WNBA), NBA G League, NBA 2K...
by Michael
The tiny nation of El Salvador will soon take a giant leap into the future of finance, as it will become the first country ever to recognize bitcoin as legal tender. Last week, President Nayib Bukele announced in a national address that the law will take effect on...
by Michael
Multicoin Capital, an investment firm focused on cryptocurrency and blockchain companies, is planning to raise a $250 million for a third crypto-focused venture fund, according to an article by The Information.The Austin, Tex.-based company intends to complete the...
by Michael
Coinbase, the largest U.S. cryptocurrency exchange and one of the largest publicly traded cryptocurrency firms in the world, announced late Tuesday night that it has received a warning from the Securities and Exchange Commission about its planned Lend product, which...
by Michael
Recent auctions of non-fungible tokens (NFT) at the Christie’s and Sotheby’s auction houses might give the impression the fine art world has embraced the new crypto-art trend with open arms. But that would be a mistake. According to one of the art world’s biggest...
by Michael
Among the reactions to El Salvador’s adoption of bitcoin as legal tender, which became official this week, has been concern about Salvadoran President Nayib Bukele’s relationship with the country’s violent gangs. Those gangs, including the California-bred group MS-13,...
by Michael
The fight that crypto exchange Coinbase took to the U.S. Securities and Exchange Commission this week highlighted that the federal government’s approach to regulation is broken.This episode is sponsored by Quantstamp and Insider Protocol. What can be done to improve...
by Michael
In what is becoming a seasonal tradition, the U.S. Securities and Exchange Commission (SEC) is using any legal and technical recourse to punt yet again on approving U.S.-based crypto exchange-traded funds (ETFs). Even with these challenges, several firms haven’t been...
by Michael
Imagine thinking that not collecting sensitive data is inherently a bad thing.That canard seemed to be the subtext of two memorable lines in last Sunday’s front-page New York Times story about the regulatory crackdown on cryptocurrency lending.In a passage explaining... Page 3,884 of 4,512« First«...102030...3,8823,8833,8843,8853,886...3,8903,9003,910...»Last » Translate »