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Where to buy PolySwarm, the token of the popular cybersecurity company

PolySwarm is one of today’s biggest gainers, having added 65% to its value in…

The post Where to buy PolySwarm, the token of the popular cybersecurity company appeared first on Coin Journal.

Near Foundation Raises $150 Million to Bolster Web3 Adoption

On Thursday, the Near Foundation announced the project has raised $150 million from strategic investors such as Three-Arrows Capital, a16z, Mechanism Capital, Dragonfly Capital, and Circle Ventures. Following the announcement, the Near protocol’s native crypto asset jumped more than 7% against the U.S. dollar. Near Foundation Gets a $150 Million Capital Injection The team behind […]

Gemini Enters Wealth Management After Acquiring BITRIA


Gemini announced that it has acquired BITRIA to provide a digital asset ecosystem for wealth management institutional asset managers. (Read More)

Bitcoin ETF Launch Hype Fades as Funds Slip in Value, BTC Futures Open Interest Down 38% in 2 Months

Following the charged-up debut of the Proshares bitcoin exchange-traded fund (ETF), Valkyrie’s bitcoin futures ETF and the Vaneck bitcoin strategy ETF, interest in these types of funds seems to have faded a great deal. After the Proshares bitcoin ETF BITO reached an all-time high on November 10, the ETF is down 39% over the last […]

6 Whitepapers and E-Books Fintech Professionals Should Check Out

Around the world, the fintech industry has been soaring, kept abuzz throughout 2021 with a continuous flow of technological advances, regulatory developments, and investors’ money. Fintech funding smashed records, pushing

The post 6 Whitepapers and E-Books Fintech Professionals Should Check Out appeared first on Fintech Singapore.

Kookoo Crypto TV: Choose Content Creator that will Make You Grow

OG Axie Infinity content creator Kookoo CryptoTV tells us what kind of creators should players follow, amidst the increasing number of videos meant to promote hype and speculation in Axie Infinity.

The post Kookoo Crypto TV: Choose Content Creator that will Make You Grow appeared first on BitPinas.

Lawmakers Ask The CFTC To Clarify Their Role Monitoring Crypto Risks

Bipartisan lawmakers from the U.S. House and Senate Agriculture Committees have requested clear information from the chair of the Commodities Futures Trading Commission (CFTC) about the crypto industry and their role in monitoring it and taking enforcement actions. The CFTC chair Rostin Behnam intends to expand the regulator’s authority over the crypto market. Democrats and Republicans from the Senate and House Agriculture Committees agreed that the agency plays a “critical role“. In a letter that Bloomberg described as “a rare show of bipartisanship in a divided Congress”, the lawmakers asked chair Benham to answer several questions in order “To understand the scope and size of digital asset markets, the benefits and risks presented by these emerging technologies” and “the role of the Commission with respect to these markets”. “The CFTC has a critical role to play to ensure the integrity of digital asset markets. While some of these technologies have the potential to modernize the financial system, it is imperative that customers are protected from fraud and abuse and that these markets are fair and transparent.” The lawmakers approached the risks of the crypto industry and called for the CFTC to widen their engagement to protect consumers from losses and scams. The letter details alleged risks from the industry and reiterated that the CFTC is enabled by the Commodity Exchange Act to take enforcement actions for violations coming from digital asset marketplaces. “Despite the CFTC’s responsible engagement, this industry is still subject to risks of abuse, including consumer fraud and cybercrime. Consumers reported losing nearly $82 million to 2 cryptocurrency scams between the fourth quarter of 2020 and first quarter of 2021, more than 10 times the amount from the same six-month period a year earlier.” The lawmakers are also concerned about risks in the DeFi space and “any DeFi protocols offering derivatives contracts on unregistered exchanges”. However, they noted that “there are still questions about who is responsible for monitoring DeFi markets for fraud and manipulation, safeguarding customer funds, and ensuring parties meet their obligations to one another.” Related Reading | Did US Regulators Began Offensive Against Crypto Platforms? CFTC Fines Kraken Authority Of The CFTC In October 2021, during chair Rostin Behnam’s confirmation hearing, he appealed to Congress looking to expand the CFTC’s regulatory authority and stated that the entity is ready to be the “primary cop on the beat” “the total size of the digital asset market was US$2.7 trillion and among that $2.7 trillion, nearly 60% were commodities. So with that in mind, I think it’s important for this committee to reconsider and consider expanding authority for the CFTC,” Behnam’s statement seemed to contradict Gary Gensler’s, chair of the Securities and Exchange Commission (SEC), who sees most cryptocurrencies as equity. This has seemingly turned into a race amongst regulators to gain more authority. The SEC’s view on how to define Ether has become unclear. If the two largest cryptocurrencies by market cap (BTC and ETH) are not securities, then the SEC has a large size of the market out of regulatory reach. However, the lawmaker’s letter defined both Bitcoin and Ether as commodities, which would mean that both of these assets fall under the CFTC’s jurisdiction. “The CFTC has long considered certain digital assets to be commodities and courts have agreed. In fact, the two largest digital assets by market capitalization are commodities: Bitcoin and Ether. These two digital assets alone make up approximately 60% of the $2.7 trillion market. Futures contracts on Bitcoin and Ether are currently traded on CFTC-registered derivatives exchanges.” Related Reading | How the CFTC fine on Coinbase could affect future crypto company listing

Sheer Markets Taps Match-Prime as Liquidity Provider

On January 13, Match-Prime, a Liquidity provider licensed and regulated by the Cyprus Securities and Exchange Commission (CySEC), announced that Sheer Markets, a FX broker based in Cyprus, has tapp...

Bitcoin and Inflation: Is it an Inflation Hedge?

Inflation is a term that has dominated news, media, and financial headlines all throughout 2021 and continues as we progress into 2022. Many key analysts and economists around the world are concerned about the economic impact the mass amounts of money printing, done in response to the pandemic, is having on economies. Inflation is one […]

The post Bitcoin and Inflation: Is it an Inflation Hedge? appeared first on Coin Bureau.

US Inflation Rate Jumps Highest in 40 Years to 7%, Democrats Concerned Inflation Will Haunt the Party

US Inflation Rate Jumps Highest in 40 Years to 7%, Democrats Concerned Inflation Will Haunt the PartyOne of the hottest topics in the United States in 2022 is the rising inflation, as the U.S. Labor Department’s data published on Wednesday indicated that the consumer price index (CPI) rose to 7% in December. This represents the largest annual jump since 1982. Federal Reserve governor Lael Brainard is set to tell congressional leaders […]

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