Blur caused considerable buzz earlier this year in the NFT market. Recent numbers raise the possibility that its lending protocol could have such an effect on NFT lending. The post $95 Million Loans Backed By NFTs: What Could Go Wrong? appeared first on BeInCrypto...
Posts published in “Asides”
Caught in a whirlwind of volatility and innovation, the SEC grapples with the regulation of cryptos. Is the solution hidden in the very nature of this digital asset – its decentralized, global potential? The post The US Securities and Exchange Commission Is Unfit to Regulate Crypto appeared first on BeInCrypto...
On the heels of many enforcement actions targeting cryptocurrency exchanges, the SEC declares 76 cryptocurrencies unregistered and therefore illegal. The post Red Alert: 76 Cryptocurrencies Are Now Illegal! appeared first on BeInCrypto...
The SEC reportedly subpoenaed Marathon Digital Holdings last month in relation with the Bitcoin mining giant’s data center facility based in Hardin, Montana...
Summary: Abu Dhabi’s Royal Group plans to deploy more capital into the crypto industry and commodities, Bloomberg reported citing people familiar with the matter. The investment firm led by United Arab Emirates National Security Adviser Sheikh Tahnoon bin Zayed Al Nahyan has poured billions into a short position on US stock on the back of
You shall not pass," Singapore court tells Arthur Hayes' after contentious tweets spur 3AC's Su Zhu to seek restraining order...
Summary: A trader splurged almost $1 million buying Bitcoin Inscription #5232025 amid growing debates about congestion on the BTC network. This particular BTC Inscription holds 50,000 ORDI coins, the native asset of Ordinals Protocol which was created by developer Casey Rodarmor. ORDI was introduced earlier this year using the BRC-20 standard after developer Rodarmor designed
The European Commission is making progress toward an EU-wide agreement, called the Directive on Administrative Cooperation (DAC8), to curb tax evasion and better track crypto transactions within EU borders. Building...
Grayscale Investments announced on May 9 that it has formed a new entity called Grayscale Funds Trust and filed for three new crypto investment funds. Grayscale proposes three new ETFs The Grayscale Funds Trust will act as a Delaware statutory trust structure that allows the firm to manage its older products while also pursuing exchange-traded
U.S. President Joe Biden called for an end to unspecified crypto tax rules on May 9. On Twitter, Biden posted an infographic that read: “We think Congress should cut tax loopholes that help wealthy crypto investors.” Such cuts would supposedly save $18 billion, according to the infographic...