Stablecoins and Ether are going to be commodities, says CFTC Chair
Key takeaways CFTC chair Rostin Behnam believes that stablecoins and Ether are going to be commodities. The CFTC has always maintained that Bitcoin, Ether, and other cryptocurrencies are commodities. Behnam…
Silvergate stock just crashed again: explore why
Silvergate Capital Corp says it has decided to wind down operations. The crypto company will liquidate the Silvergate Bank as well. Silvergate stock is now down close to 75% versus…
Crypto News Shows Broader Market Stall, But Investors Are Still Swarming To Metacade
The beginning of 2023 saw further positive signs of improvement for crypto markets, which have had to endure a prolonged period of red candles for most of 2022. A spattering…
Verichains issues security advisories on security vulnerabilities on Tendermint Core
Verichains has identified several significant vulnerabilities on Tendermint Core Projects using IAVL proof verification in Tendermint Core are advised to secure their assets to mitigate exploitation. Many popular projects including…
Three Arrows-Backed Rook protocol sees surge in activity: ROOK price surge 14%
Three Arrows Capital hedge fund filed for bankruptcy last year. Three Arrows Capital invested in the seed round for Rook in 2020. There are speculations that Zhu Su and Kyle…
Web3 startup nealthy raises $1.3M in pre-seed backed by top industry investors
The Web3 startup offers users access to diversified investment opportunities. nealthy says it will use the funds to boost the NFT and crypto investing space. neathy is incorporated in Dubai,…
Crypto turns red as Fed Chair Jerome Powell hints at higher rates
Crypto and stocks reacted negatively to comments about US inflation by Fed Chair Jerome Powell. Bitcoin traded to lows of $22,120 while the S&P 500 fell 1%. Investors are now…
Thailand offers tax breaks for companies issuing investment tokens: Reuters
Thailand’s government will offer tax breaks for companies issuing investment tokens. The government expects over $3 billion worth of investment token offerings over the next two years. The move could…
Candy Digital and Getty Images to release ’70s music and photos NFTs
NFT Startup Candy Digital has tapped Getty Images for ’70s Music and Photos. The two firms will sell rare photos and music as NFTs. The NFTs will include several iconic…
Polygon price prediction: MATIC risks dip to $1 as bears pin Bitcoin under $22.5k
Polygon price faces a potential dump to lows of $0.94 if bears breach a major support area. MATIC is currently below the 50 simple moving average and 4-hour RSI is…