SEC Chairman Gary Gensler said that he was open to Bitcoin Exchange-Traded funds (ETFs) but with the strict SEC’s rules for mutual funds. He believes that clear regulation will help cryptocurrencies to achieve mainstream adoption.
Wells Fargo, an American multinational financial services company with corporate, is now offering its wealthy clients exposure to Bitcoin and cryptocurrencies through the bank.
Crypto Exchange FTX is launching an NFT marketplace in collaboration with NASDAQ-listed Dolphin Entertainment, a leading entertainment marketing and premium content production company.
DeFi Exploits in 2021 have already crossed the figures recorded in 2020. With the amount of money locked on DeFi protocols is increasing by many folds, criminals are also attacking them to get away with the bunch of money.
Uniswap inventor Hayden Adams and two others developers from crypto investing firm Paradigm, Dave White and Dan Robinson, are working on a new automated market maker (AMM) model to help decentralized exchanges (DEXes) on Ethereum execute large orders efficiently.
dTrade, a decentralized exchange (DEX) for perpetual swaps and options powered by Substrate SDK, is building its DeFi derivative protocol on Moonbeam Network, a Polkadot parachain for Ethereum-compatible smart contracts, to bring derivative trading on Polkadot.
ZKSwap, a decentralized exchange (DEX) based on the ZK-Rollup layer 2 scaling solution, has announced the mainnet launch of its V2. ZKSwap’s V2 will allow users to add and any cross-chain token with no gas fees and instant settlement.
Another cats-based NFT project clogged the Ethereum Network on July 28th as Stoner Cats NFT sale has caused 344 ETHs or more than $700K lost due to failed transaction.
Binance Smart Chain (BSC), a blockchain network developed by Binance, has launched a $10 million bug bounty program, Priority ONE, aiming to keep the BSC blockchain network secure by encouraging bug bounty hunters and ethical hackers.
Tesla’s Q2 financial report has confirmed Elon Musk earlier claims that his electric automaker has not sell any Bitcoin. The company’s Q2 unaudited balance sheet shows a net Bitcoin value of $1.311 billion as of June 30, which is same as of March 31, considering the $23 million impairment loss related to Bitcoin and other.
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