📈 four major stablecoins, usdc, tusd, gusd, and pax, have surpassed the usd 5 billion in on-chain transactions mark within just three months.
📉 an equivalent of hash power produced by 1.3 million bitmain s9 miners was switched off in the past month alone.
👑 square has overthrown coin as the most widely used ios application to buy bitcoin (btc) in the u.s.
💶 a euro-backed stablecoin issuer has announced it would have its product, as well as its operations, independently audited.
🇮🇱 bitmain’s research and development center in israel is shutting down due to the daunting market circumstances.
Lately, some of the largest Ether (ETH) addresses have been moving funds here and there, but is it really causing the third-largest cryptocurrency that much of a problem?
Read More »
A University of Arkansas School of Law Professor Carol Goforth shared his opinion on the current state of the U.
A University of Arkansas School of Law Professor Carol Goforth shared his opinion on the current state of the U.S. crypto regulation in a guest post for the Oxford Business Law Blog.
”Overlapping regulations produced by a multitude of distinct agencies with different missions and priorities have produced a confusing mix of classifications and requirements … A more nuanced regulatory approach would be more in line with stated goals of avoiding overregulation, while still allowing each agency room to fulfill its mission.”
Learn More »
The last week’s CryptoCaselawMinute delivered by The Block featured:
• Kimmelman v. Wayne Insurance Group
• United American Corp. v. Bitmain et al.
• CFTC v. Gelfman Blueprint
Read Now »
🌎 the society for worldwide interbank financial telecommunication (swift) is developing a new service in an attempt to win over customers amid fierce competition with blockchain solutions.
🇰🇷 a south korean blockchain startup is aiming to file a constitutional appeal against the government’s ban on initial coin offerings.
💠 agreed: ethereum network’s constantinople hard fork will be activated on block 7,080,000.
⛓ cryptocurrency exchange gemini announced support for bitcoin cash (bitcoin abc network) custody and trading.
📲 cryptocurrency exchange coin announced the addition of civic (cvc), district0x (dnt), loom network (loom), and decentraland (mana) to its coin pro platform.
The current state of the market, which has already been dubbed the “crypto winter,” causes a considerable number of investors to have two questions
The current state of the market, which has already been dubbed the “crypto winter,” causes a considerable number of investors to have two questions: “Who is to blame?” and “What to do?” Another interesting question is related to the role that the news outlets have played in the recent digital assets market decline.
Learn More Now! »
With the onset of the calendar winter in the cryptocurrency industry, its own cold season has come. The “Crypto Winter” came gradually, and, it turns out, there are guilty ones in this phenomenon. The cryptocurrency rate, despite many positive predictions of experts, like the street thermometer, started showing declining trends. Who spurred the decline in the price of digital assets and how to survive the negative indicators?
Read More »
Most banks traditionally are giving cryptocurrencies a wide berth, preferring the motto “To blockchain yes; to cryptocurrency, no.
Most banks traditionally are giving cryptocurrencies a wide berth, preferring the motto “To blockchain yes; to cryptocurrency, no.” “It’s extremely challenging. The legalized cannabis industry are having a much easier time than our cryptocurrency clients,” said Joe Ciccolo, president of the BitAML compliance service provider. But while many giants have “matured” only for the introduction of blockchain platforms, some players are not afraid to declare gentle relationships with crypto projects.
Learn More »
A brilliant thread on the current cryptocurrency market situation by What Bitcoin Did Podcast’s host Peter McCormack.
Read now: https://goo.gl/1Bgfpm