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Crypto
Bitcoin ETF hopium fades as on-chain and futures data reflect traders’ muted activity
The price of Bitcoin has been trading between $29,900 and $31,160 for the past 18 days, causing concern among investors who are looking for explanations for the lack of a clear trend. After a 25.5% rally between June 15 and June 23 led to…
House of Lords Passes U.K. Bill to Help Seize and Freeze Crypto Used for Crime Like Money…
The U.K.'s Economic Crime and Corporate Transparency Bill, which will help law-enforcement agencies seize and freeze crypto used for crime, took a step closer to entering the statute book after being passed by Parliament’s upper chamber on…
Over $204M was lost in Q2 DeFi hacks and scams: Report
Over $204 million was lost in decentralized finance (DeFi) hacks and scams in the second quarter of 2023, according to a June 27 report from Web3 portfolio app De.Fi. The report, titled “Q2 De.Fi Rekt Report,” was partially based on data…
EU Commission’s Digital Euro Bill Back on Track for June 28, Lead Official Says
BRUSSELS, Belgium – The European Commission is back on track to publish legislation on a digital euro on June 28, after the controversial topic was previously removed from the executive’s agenda, the bloc’s lead financial services official…
SEC and Binance seek compromise on US assets freeze
The United States Securities and Exchange Commission and BAM Trading (Binance’s U.S. arm) recently filed a request for a consent order that would ease some of the restrictions from a previous SEC request to freeze the company’s assets. The…
How To Use AI to Create Music in Web3
If your music project is less about live performance and more about the finished product — maybe you’re composing original music for a podcast, metaverse event, YouTube channel, Web3 video game or educational content — you can use AI to…
Japan’s largest airline launches NFT marketplace
On May 30, Air Nippon Airways (ANA), the largest airline in Japan, launched an aeronautical-themed nonfungible tokens (NFTs) marketplace with its subsidiary ANA Neo. Dubbed the "ANA GranWhale NFT Marketplace," the platform will feature an…
The Bitcoin Mining Debate Is Ignoring the People Most Affected
New York, along with Texas, has become a hotspot for that debate, and Greenidge has become an unlikely poster child. Though other mining facilities, such as Riot Platforms’ center outside of Austin, Texas, have played bigger roles in the…
Updated European tax directive requires reporting on all crypto asset transfers
The European Council has approved updated rules that extend tax reporting requirements to include transfers of crypto assets. This is the eighth version of the Directive on Administrative Cooperation (DAC), which is a set of procedures for…
Heavyweight Hedge Fund Arca Joins Activist Fight Against DAO Builder Aragon
The open letter escalated a fight already being waged between Aragon, a crypto governance project building tools for decentralized autonomous organizations (DAOs), and a tight-knit group of activist investors critical of project leadership…