Milking the cash cow: NFTs seen as investment opportunity by VCs
The NFT sector is growing rapidly, with NFT marketplaces seeing a huge increase in volume. Investors and analysts explain what’s coming next. Go to Source Powered by WPeMatico
DIGIT
New FATF Guidance Applies Regulatory Standards to Decentralized Exchanges, Defi and NFTs
On March 19, the Financial Action Task Force (FATF) published draft guidance on the risk-based approach to virtual assets. The newly updated guidance now applies anti-money laundering and know-your-customer rules to stablecoins, decentralized finance (defi), and non-fungible token (NFT) assets. FATF Defines Decentralized Exchanges and Defi as a Virtual Asset Service Providers For a while … Read more
Microsoft president says fintechs should leave currency to central banks
Microsoft president Brad Smith is not keen on the idea of technology companies issuing private stablecoins. Go to Source Powered by WPeMatico
Covalent raises $2M to build a decentralized blockchain data provider
The blockchain data space is getting more and more heated. Go to Source Powered by WPeMatico
Waves Enterprise expands to Singapore to pursue hybrid blockchain adoption
Asian markets are much friendlier to enterprise blockchain adoption, says Waves’s founder. Go to Source Powered by WPeMatico
German federal bank runs successful blockchain system without a CBDC
Executives at the Deutsche Bundesbank are eager to launch a blockchain-based system without the need for a CBDC — and they just might succeed. Go to Source Powered by WPeMatico
Unmarshal Raises $2.6M USD From Industry Heavyweights to Build Multi-Chain Data Indexing Protocol
PRESS RELEASE. Unmarshal is proud to announce that the seed and private sale funding rounds have been successfully closed with strong investment support from Industry bigwigs. A total of $2.6m was raised in the seed and private rounds. With the fresh capital introduced, Unmarshal will focus on building an advanced network of Data Indexers that … Read more
BTC rewards app Lolli raises $5M from Reddit founder, Serena Williams, and more
The freshly raised capital will go toward expanding Lolli’s BTC online shopping rewards internationally. Go to Source Powered by WPeMatico
Bank of International Settlements head says cryptos require more regulation
Agustín Carstens has called for cryptocurrencies to be subject to more regulations while arguing that virtual currencies have not made a significant dent in global finance. Go to Source Powered by WPeMatico
After BTC Slid by 14%, Onchain Analyst Says a US Based Institution Is Currently Buying the Dip
After setting a new all-time high (ATH) of $61,699 on March 13, bitcoin dropped to $53,300 on March 23, a decline of more than 14% in just ten days. However, following this latest drop, onchain analyst Willy Woo speculates that another institutional investor could be buying the dip. Strong Hands Accumulating In his tweet on … Read more
