Month: February 2023

The French National Assembly has voted in favor of legislating stricter licensing rules for new cryptocurrency firms in order to harmonize local laws with proposed European Union (EU) standards. The vote was passed with 109 votes (60.5%) in favor to 71 (39.5%) against. With the French Senate having already passed the bill, it will now […]

Stockton discussed correlation of BTC and Nasdaq 100 on CNBC. She says bitcoin has to break above $25,000 to look attractive. Bitcoin is currently up about 40% YTD; Nasdaq 100 about 11%. So far, bitcoin has meaningfully outperformed the Nasdaq 100 this year – up roughly 40% at writing versus a significantly narrower 11% gain […]

Stacks is one of the first blockchains to enable a way for minting Bitcoin (BTC) Ordinals, which puts it in an excellent position to benefit from the hype. However, Ordinals have invoked an issue from the past where Bitcoin maximalist ideologies will be tested if the NFTs lead to network congestion. On top of that, […]

Nishad Singh is a former co-lead of engineering at FTX. SEC says the former exec created the software that Sam Bankman-Fried used to divert FTX customer funds to Alameda Research. Singh withdrew $6 million from FTX for personal use, according to the SEC complaint. The US Securities and Exchange Commission (SEC) has charged Nishad Singh, […]

In a new blog post published on Feb. 28, Ethereum (ETH) co-founder Vitalik Buterin documented the continued need to improve the namesake network to better facilitate ETH as a means of payment. In one instance, Buterin shared how he tried to pay for tea for himself and friends at a coffee shop in Argentina in […]

Trust Wallet has announced Ledger hardware support for its browser extension. The new Ledger integration adds a layer of security to the leading self-custodial wallet. Users can now securely manage and store all their assets. Trust Wallet has announced integration with hardware wallet Ledger, with support for the Trust Wallet Browser Extension. The new Ledger […]

Wakweli is a web3 infrastructure protocol that issues certificates of authenticity for NFTs. The funding round was led by Summit, a blockchain investment firm. The funds will enable Wakweli to roll out its product offerings. Wakweli, a Web3 infrastructure protocol that issues NFT authenticity certificates, has closed and announced that it succeeded in rising $1.1 […]

Visa and Mastercard are slamming brakes on respective crypto products and pausing new partnerships. A Reuters report published on Tuesday says the payment giants are citing uncertain market and regulatory conditions. The companies will however continue to focus on blockchain technology, according to sources.  Visa and Mastercard, the world’s leading payment card companies, have reportedly […]

Dogecoin bulls need to wait for the price to move above $1 before going long A contracting triangle contains the price action  $0.6 support must hold Dogecoin followed the bullish trend seen in the cryptocurrency market in 2023 and gained more than 50% before the recent correction started. But the spike in the first part […]