The crypto exchange giant Coinbase wants to ditch its reliance on transaction fees as its main source of income – and is concerned that the fees that traders pay when they exchange tokens cannot provide a sustainable form of income. Speaking in an interview with CNBC, the firm’s CEO Brian Armstrong stated:… Read More: Coinbase…
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Twitter’s former head of security has blown the whistle on the social media platform, alleging that the company has big holes in its security practices and that it misled the US government and Elon Musk about its vulnerability…. Read More: Whistleblower Claims Twitter Lied About Bots to Elon Musk, CEO Agrawal Calls the Accusations ‘False…
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“It’s clear from the draft framework that what they’re looking at is wagering using cryptocurrency,” said Julian Hoskins, the principle of gambling law and regulatory advisory firm Senet. Australia’s Northern Territory Racing Commission (NTRC) is consulting with its gambling licensees over a tentative proposal to incorporate crypto wagering as part of the regulated gambling industry.…
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Crypto educated American moms and dads are already sinking an average of $766 into extra-curricular crypto education for their kids, according to the survey. Over two-thirds of U.S. parents and college graduates with an understanding or involvement in crypto believe that crypto should be taught in schools in order for students to “learn about the…
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It’s too bad, as a majority of the crypto investors surveyed said they became interested in crypto as they thought it was a good way to make money. Amid the ongoing crypto winter, new data from a Pew Research Centre survey has shown that 46% of adult crypto users in the United States are seeing…
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Trader Joe says its “Liquidity Book” will mitigate the impermanent loss “suffered by so many liquidity providers on other DEXs” during times of market turbulence. Avalanche-based decentralized finance (DeFi) protocol Trader Joe claims it may have found a way to mitigate one of DeFi’s biggest weaknesses — impermanent loss. In a newly released whitepaper on…
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Part of its actions will include raising public awareness about the risks inherent in crypto-assets and decentralized finance. Australia’s financial regulator, Australia’s Securities and Investments Commission (ASIC) has pledged to put crypto assets and decentralized finance (DeFi) firmly in its sights over the next four years. According to ASIC’s newly released “Corporate Plan” released on…
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The CEO of a major cryptocurrency exchange, Bitstamp, says that his trading platform is seeing “massive crypto interest” from institutional clients. “Many institutional companies are looking to make their first move into crypto,” he explained.
Bitstamp’s CEO on Crypto Regulation, Institutional Interest
Bitstamp’s global CEO, Jean-Baptiste Graftieaux, shared his view on cryptocurrency regulation in…
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Pavel Durov, CEO of Telegram, has hinted at a series of Web3 enhancements coming to the popular messaging platform. Durov talked about the benefits that tradable usernames and channel links might have in the future, creating a marketplace where users could use them in the same way Ethereum Name Service addresses are utilized.
Telegram…
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SEC Chairman Gary Gensler says that there is no need to treat the crypto market differently from other capital markets. Noting that “the SEC will serve as the cop on the beat,” Gensler encouraged crypto trading and lending platforms “to come in and talk to SEC staff.”
SEC Chairman Gensler on Crypto Regulation
The…
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