Tezos Token XTZ Jumps on Being Selected to Power Ubisoft NFT
(Ubisoft) Tezos’ XTZ rose up to 40% in 12 hours to an intraday high of $5.85 on news that gaming giant Ubisoft has selected the protocol for its non-fungible token…
DeFi an Illusion? Bank of International Settlement Thinks So, Warns of Financial Risks
(BIS) The Bank of International Settlement believes that decentralized finance protocols or DeFi pose a risk to the stability of global financial systems. The Central Bank says DeFi appears to…
Grayscale Survey Points to Growing US Crypto Uptake With Up to 26% Ownership
(Cryptopotato) A Grayscale Investments survey found that 26% of American investors own Bitcoin, with up to 55% of the HODLers investing in the last 12 months The Bitcoin ownership reflects…
More Australians Earned Through Crypto in 2021 as Adoption Increases, IRCI Survey
(Cointelegraph) About 28.8% of Australians own or have owned cryptocurrencies in 2021, an increase from 18.4% last year. The survey by the Independent Reserve’s Cryptocurrency Index survey, which involved 2,000…
Why Bitcoin Fell More Than Peers During the Weekend Crypto Rout
(Bloomberg) Fundstrat head of digital-asset research Sean Farrell opines that the huge drop of Bitcoin and its slow recovery compared to its closest rivals such as Ether is related to…
Sequoia Capital India Leading Investors Backing Ethereum Bridge Polygon
(TechCrunch) Investors led by Sequoia Capital India and Steadview Capital are reportedly holding talks to back the Polygon network by purchasing tokens worth $50 million to $150 million. The purchase,…
Binance Eyes UK Operations as It Hires Staff to Address FCA Concerns
(The Telegraph) Binance CEO Changpeng Zhao says the crypto firm has hired several ex-regulatory staff in the UK and compliance people as it prepares to bid for approval for operation…
Polygon Announces a Javascript Library Boosting Token to a 6-Month High
(Polygon) Polygon’s native token MATIC rose up to $2.4 from a low of about $1.95, a six-month high, on Friday after announcing a new open-source javascript library. Dubbed matic.js, the…
The US a Secret Bitcoin Miner, Compass Mining CEO Says
(BeinCrypto) Compass Mining CEO Whit Gibbs says the US is already mining Bitcoin, suggesting that the country may have 10-20 watts running in the Midwest to test it. After remaining…
Square Hints at Blockchain Pursuit With a Name Rebrand to Block
(Block Inc.) Jack Dorsey’s Square has changed its corporate name to Block in a rebranding move seen to signal its intentions into blockchain technology. Square said that the name change…
PBOC Official Mentions Metaverse and NFTs in Next Move of Crypto Crackdown
(The Paper) The People’s Bank of China is targeting metaverse and non-fungible tokens in ramped-up measures to tame the crypto industry. Gou Wenjun, PBOC director, highlights the risks of money…
Fidelity Investments Courts Canada for its Spot Bitcoin ETF
(Seeking Alpha) Asset manager Fidelity Investments is reportedly launching a spot Bitcoin ETF in Canada following delays of approval of the product in the US. Fidelity is said to have…
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