Examining COMP’s ability to pass the Howey test for being qualified as investment contracts and to be considered a security. Innovation springs eternal in the digital asset ecosystem, and with Compound’s launch of its governance token, COMP, last month, the burgeoning world of decentralized finance continues to pick up steam. The broader cryptocurrency community has […]
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Traders remain cautious as Bitcoin’s current lack of volatility is similar to November 2018 when low trading volume resulted in a 42% drop. At the start of this week, Bitcoin’s (BTC) volatility, or the average daily oscillation, dropped to its lowest level since November 2018 (when the infamous $6,000 support finally broke). Prior to today’s […]
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Man sentenced to two years and six months in prison after multi-million dollar crypto fraud. A South Korean court has sentenced an unnamed 43-year-old man to two years and six months in prison for his participation in a $249 million crypto mining pyramid scheme. According to Yonhap Lee Sang-wook, the judge at the Incheon District […]
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Tether rose quickly to $9.1 billion in 2020 as supply doubled since March, but some of that is old money being repurposed into USDT. Tether (USDT) recently rose through the ranks as it replaced XRP as the third highest ranked asset by market capitalization. It now sits at a total of more than $9 billion […]
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Texas ups its aspirations to become the go-to place for crypto in the U.S., forming a new blockchain council and highlighting the state’s mining capabilities. Everything is bigger in Texas, and now the state with the second-largest geographical area in the United States is aiming to prove that it can lead the way in blockchain […]
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China’s Blockchain Service Network splits into two entities after the pushback from state-controlled entities on the integration of public blockchains. China’s Blockchain Service Network, or BSN, has split into two separate entities after a disagreement about the integration of public blockchains. China’s consortium was founded to promote the advance of blockchain technology in the country. […]
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Bitcoin price finally made a move — to the upside — as the door is now open to test the crucial $10,000 BTC price level. Recently, the price of Bitcoin (BTC) has been showing virtually zero volatility. This volatility decreased particularly as of late while Bitcoin was resting on the crucial support level of $9,000. […]
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Swiss blockchain investment firm CV VC and PwC released a report covering top global firms focused on implementing blockchain in art. Big Four auditor PwC and Swiss blockchain investment firm CV VC, together with Cointelegraph, have released a preview for their new periodical report devoted to blockchain technology in various industries. Published on July 21, […]
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The tale of hacked exchange Cryptopia’s extended liquidation is poised to see new legal action from a major creditor and token issuer. On July 21, legal representation for GNY, a firm focused on artificial intelligence and the issuer of LML, filed a final notice of liquidators’ failure to comply with duties. The liquidator in question […]
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Grayscale’s $1.4-billion inflow in the first half of 2020, along with two other key factors, shows institutional demand is surging rapidly. Since early 2020, the institutional demand for Bitcoin (BTC) has been steadily increasing. In the second quarter of this year, data show that the appetite for BTC spiked significantly. According to crypto asset fund […]
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