White House Calls on Congress to ‘Step Up Its Efforts’ on Crypto Regulation

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Officials in the Biden administration urged Congress on Friday to expand the authority of regulators to police the crypto industry. Source link

Aptos Labs CEO Says NFTs Will Push Boundaries of Previous Generation Blockchains

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“We really pushed the boundaries of what we think an egalitarian distribution should look like,” Shaikh said, referring to Aptos’ tokenomics. “For folks like investors, we have among...

WazirX Says Binance Lied About Ownership as Dispute About India’s Largest Exchange Escalates

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To prove his point, Schetty attached a partially redacted email chain that began on July 19, 2021, between Brian Schroder, the CEO of Binance US, and Tushar Patel,...

Bitcoin Holds Steady Above $23K, White House Urges Congress to ‘Step Up’ Crypto Regulation

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The SSR measures the ratio between the supplies of bitcoin and stablecoins. As stablecoins represent buying power, a reduction in the SSR implies that investors are sending stablecoins...

Better Policy Can Turn NFTs Into an Intellectual Property Powerhouse

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Individual artists are also deepening their fan bases with engaging experiments. Digital illustrator Yam Karkai and her co-founders created the World of Women NFTs (WoW), a collection that...

Why Real Regulatory Change In Crypto Has Not Happened

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Legislators need to educate themselves on Web3 if they care about protecting consumers, Steven Eisenhauer, chief risk and compliance officer at Ramp, writes. Source link

UK Man Sentenced to 4-1/2 Years in Jail for Stealing $2.5M in Crypto

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Wybbo Wirsma, a Dutch native who lived in the U.K., was under investigation for five years until he pleaded guilty in an Oxford court on Thursday. Source link

Crypto Custodian Prime Trust to Cease Operations in Texas at End of January

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The firm withdrew its Texas Money Transmitter License application but says it intends to reapply "swiftly." Source link

Tech’s Money Woes: Beginning of the End for Web2?

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Gloomy forecasts, mass layoffs and antitrust lawsuits have bruised "Big Tech" over the past year. But that doesn't automatically portend the end of Web2. For Web3 to emerge,...

Bitcoin Miner Gryphon to Go Public Via All-Stock Merger With Cannabis Firm Akerna

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Gryphon previously terminated plans to go public via a reverse merger with Sphere 3D. Source link

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Bernstein: The Bounce in Cryptocurrencies Is a ‘Mean Reversion’ Rally

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Recent gains are unlikely to presage a sustained advance, the report said. Source link

Investment Manager Wilshire Taps Crypto Trading Firm FalconX for Digital Assets Indexes

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Santa Monica, California-based Wilshire, which has $79 billion in assets under management according to its website, has developed more than 70 digital asset...

Indonesia Regulatory Switch Could See Crypto Classed as Securities, Not Commodities

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The government says regulatory changeover will take two years, said Jay Jayawijayaningtiyas, country manager for crypto exchange Luno Indonesia, adding that it’s too...

Bitcoin Jumps to $23K, Looks Bullish as Miner Sales Hit Three-Year Low

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“The increase in the number of wallets with $1,000 and $10,000 has upticked since the second week of January,” Bitfinex analysts noted, adding...