The Benefits of Building Apps On-Chain
Blockchain networks are information networks, which can be leveraged to build new types of tools and experiences, Variant’s Alana Levin writes.
Central Banks Aren’t Sufficiently Ready for CBDC Risks: BIS Report
The introduction of central bank digital currencies could have major implications on the stability, the report said.
Miami Crew Leader Sentenced to 63 Months in Prison for Crypto Fraud
In April, Esteban Cabrera Da Corte pleaded guilty to participating in a crypto scheme that defrauded U.S. banks of $4 million.
Polygon’s Secret Deal: Sending DraftKings Millions to Run Failed Validator
Polygon quietly gave DraftKings’ validator preferential treatment while telling the public it was an “equal” member of the validator community.
World’s Largest Bitcoin Futures ETF Breaks 2021 Record Highs for Assets Under Management
ProShares’ BITO now has $1.47 billion in holdings, as a flurry of bitcoin ETF applications in the U.S. seemingly spurs institutional interest in the asset.
‘Mysterious’ Address That Added 10K Bitcoin Is Just a New BitMEX Wallet
BitMEX is internally transferring its bitcoin holdings to a newer wallet type, according to on-chain firm CryptoQuant.
Hong Kong Securities Trade Group Proposes Initial Coin Offering Portal
Hong Kong was once a hub for ICOs until regulators cracked down. Times have changed.
NFT Prices Are Still Lagging Behind Ether’s Gains
Ether is up 70% year-to-date, but NFT indexes are still down 16% in dollar terms and 50% when denominated in ether.
ARK Invest Sells Another $5M of Coinbase Shares; Buys Robinhood, SoFi
The sale of 38,668 COIN shares from the Ark Fintech Innovation ETF follows a similar offload on Monday.
Digital Asset Investment Platform Fasset Wins Operational License in Dubai
Fasset, a digital asset investment platform, has won the licence to operate in Dubai as a Virtual Asset Service Provider (VASP), allowing it to serve institutional investors, qualified investors and retail investors.