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Bitcoin won't hedge inflation until it hits 1B wallets: Scaramucci
The Skybridge Capital CEO said Bitcoin needs much more proliferation before it can act as an inflation hedge.

Telegram founder suggests 'NFT-like smart contracts' to auction usernames
“Imagine how successful Telegram with its 700 million users could be if we put reserved usernames, group and channel links...

Crypto security experts raking in $430K salaries amid spike in hacks
The demand for blockchain security experts comes amid a rise in crypto hackings in 2022.

South Korean financial majors want to create virtual assets exchange in 2023: Re...
Samsung Securities, Mirae Asset Securities and Shinhan Financial Investment are among the financial heavyweights in talks w...

Data shows Bitcoin and altcoins at risk of a 20% drop to new yearly lows
The total crypto market capitalization dropped to the $1 trillion support, and weak stablecoin demand and a largely absent...

NFT lending protocol Bend DAO proposes emergency changes amid credit crisis
"We are sorry that we underestimated how illiquid NFTs could be in a bear market when setting the initial parameters," says...

Fed teases master accounts for crypto banks: Law Decoded, Aug. 15-22
The new guidelines from the Federal Reserve hold a prospect of “the most stringent review” for non-federally insured insti...

Canaan exec says opportunity outweighs crisis as Bitcoin miners struggle with sh...
This bear market is proving to be especially tough for Bitcoin miners, but Canaan senior vice president Edward Lu says the...

Prosecutors want to claim NFTs as securities, alleges legal team of former OpenS...
“The government has brought the instant prosecution using ill-founded applications of criminal law to set precedent in the...

Facebook and Twitter will soon be obsolete thanks to blockchain technology
On Web2 — Twitter and Facebook — users do not own their own content or followers. That isn't the case on Web3, where our co...

Tencent receives patent for blockchain-based missing persons poster
The simple patent idea took three years to be granted regulatory clearance.

Cryptocurrencies react to Jackson Hole, Fed rate hike plans and a weakening bear...
The price action in Bitcoin, altcoins and stocks reflects investors’ anxiety over the Fed’s rate hike plans, a weakening be...

FCA highlights limited role as unregistered businesses continue to operate
Crypto.com has become the latest company to register with the United Kingdom's Financial Conduct Authority, while many cont...

Crypto.com moves forward with multimillion-dollar renovation of Staples Center f...
"Brave of them... maybe fortune favor them," said one Redditor in response to an artist's rendering of the renovations....

Acala community votes to burn 2.97 billion of erroneously minted aUSD stablecoin
A total of 3.022 billion aUSD were previously minted via a liquidity bridge glitch.

Bitcoin whales attack sellers at $22.3K as euro drops below USD parity
Bitcoin struggles to make a return to higher levels despite geopolitical uncertainty striking the Eurozone.

Summer doldrums? Crypto volumes are down 55%, according to CoinShares
Bitcoin investment products, which include ETFs, ETPs and Grayscale’s GBTC, saw a third consecutive week of outflows....

Voyager creditors oppose $1.9M employee retention proposal
The creditors wrote that the employees are "already well-compensated" while its creditors struggle to pay their expenses....

Metaverse is a key factor in long-term NFT success, says new research
The report states that global NFT transactions are projected to hit 40 million in the next five years.

Ethereum advances with standards for smart contract security audits
The Enterprise Ethereum Alliance has published a smart contract security audit specification to ensure consistency when it...

Correlation growing between crypto and equity markets in Asia, says IMF
New data shows a 10-fold increase in the return correlations between Bitcoin and stocks in some regions.

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