Bitcoin surges past $24,000 on CME launch of BTC event contracts
Bitcoin futures on CME have traded 550,000 contracts since inception.
Read More
Bitcoin price faces ‘last stand’ as weekly close threatens $22K retest
Research warns that Bitcoin bulls have much to do to preserve newly-won support, but failure could still see a BTC price cascade below $20,000.
Swiss Bankers Association proposes deposit tokens to develop digital economy
A deposit token is a concept that came out of Singapore’s Project Guardian last year, and it has already been touted by JPMorgan.
Europarliament approves Data Act that requires kill switches on smart contracts
The act would encourage data sharing, but it imposes requirements for smart contracts used in this setting that have alarmed members of the crypto community.
Mastercard launches Web3 user verification solution to curb bad actors
Mastercard’s new solution revolves around providing “secure transactions between users, verified according to standards” set by the company.
FTX seeks to claw back $4B from Genesis in a battle of the bankrupt
The bankrupt crypto exchange wants to recoup billions from the bankrupt crypto lender claiming it was “instrumental” to FTX’s “fraudulent” business model.
US lawmaker behind crypto mining legislation urges Zuck not to offer metaverse to teenagers
A letter from two U.S. senators cited reports of Instagram being behind many teenagers experiencing suicidal thoughts, and Meta’s failure to stop harmful ads aimed at young adults.
25% of NFT owners have a collection of 51 or more: CoinGecko Report
Despite the crypto bear market in 2022, there wasn’t a significant decline in NFT adoption, according to the report.
Bank of London bids to acquire Silicon Valley Bank’s UK arm
The global clearing bank is leading a consortium of private equity firms seeking to purchase SVB’s British arm.
Elon Musk reportedly plans AI startup to rival ChatGPT-maker OpenAI
While Musk left the board of OpenAI in 2018, the launch of the new AI startup will place Musk among other tech giants, such as Google and Microsoft, to build next-gen AI.