Forbes previously reported in 2018 on how Mike Lempres, the Chief Legal and Regulatory Officer at Coinbase at the time, asserted the U.S. did not need a new regulator for crypto to Congress. However, ... ( read original story ...)
Laguna Games raises $5M to launch Crypto Unicorns with egg NFTs
The seed round was led by Bitkraft Ventures, and the developer will use that game to release its Crypto Unicorns title. ( read original story ...)
Michael Burry says he’s not shorting crypto, but does believe it’s in a bubble
"I believe that cryptocurrencies are in a bubble and that most in it do not understand it well," Burry told CNBC. ( read original story ...)
This Week In Credit Card News: Biden May Push For Crypto Oversight; Debit Use Soars, Cash Falls During Pandemic
Ranging Push for Crypto Oversight. The Biden administration is weighing an executive order on cryptocurrencies as part of an effort to set up a government- ... ( read original story ...)
Stablecoin Giant Tether Hit With $41 Million Fine in Latest Crypto Crackdown
The CFTC accused the stablecoin giant of falsely claiming that it backed each of its digital tokens with an equivalent amount of U.S. dollars. Tether said the issues have since been corrected. ( read original story ...)
Steam Bans Games With Crypto and NFT Trading
Any "applications built on blockchain technology that issue or allow exchange of cryptocurrencies or NFTs" are now banned from Steam ... ( read original story ...)
Bank of Japan Aims for Financial ‘Coexistence’ With CBDC
The Bank of Japan underlined the importance of a simple, interoperable central bank digital currency, should it decide on one. ( read original story ...)
Crypto Imperiling $7 Trillion Of Stocks Makes China’s Point
The problem is the way crypto risks are “creeping” into more than $7 trillion worth of market capitalization in the old-school analog stock market. ( read original story ...)
Japan stocks higher at close of trade; Nikkei 225 up 1.81%
Japan stocks were higher after the close on Friday, as gains in the Paper & Pulp, Railway & Bus and Real Estate sectors led shares higher. At the close in Tokyo, the Nikkei 225 added 1.81%. The best ... ( read original story ...)
Inside the World of Black Bitcoin, Where Crypto Is About Making More Than Just Money
At the Black Blockchain Summit, there is almost no conversation about making money that does not carry with it the possibility of liberation. This is not simply a gathering for those who would like to ... ( read original story ...)
Ethereum could soon hit a record high of $4,900 thanks to its growing power in the crypto market, Fundstrat says
Ethereum's token looks set for a breakout and could soon top $4,900, research house Fundstrat has forecast. Analysts said ether's market share has grown in recent days, a positive sign for the ... ( read original story ...)
Bitcoin briefly hits $60,000 for the 1st time since April as crypto ETFs look set for watershed SEC approval
Market sentiment is on the upturn as the SEC appears ready to allow the first US bitcoin futures ETF to start trading next week. ( read original story ...)
Super Thursday, Filling Gaps, Crypto Regulator Talk, Amazing Alcoa, AMD Love
Plus, an FDA advisory panel gives a unanimous boost to a Moderna booster shot and Boeing slumps on a negative news report. ( read original story ...)
Bank of Japan Seeks ‘Plain, Easy-to-Cook’ CBDC Model
The Bank of Japan should try to develop a central bank digital currency (CBDC) that can coexist easily with private payment methods, an executive director has said in a speech. ( read original story ...)
Tax officials tighten their grip on crypto
A US territory, the island has made a play for a piece of the tax haven pie since 2012, when it passed two laws that resulted in a drastic reduction in rates. The transformation caught the eyes of ... ( read original story ...)
Japan’s Nikkei hits 2-week high on tech boost, marks 1st weekly gain in four
Japan's Nikkei jumped to a more than two-week high on Friday and posted its first weekly gain in four, after overnight gains on Wall Street boosted technology heavyweights ahead of their earnings ... ( read original story ...)