Masa Finance launches soulbound Web3 identity protocol for Ethereum
According to the developers, the soulbound credit score system uses over 10,000 data points to determine a Web3 user’s creditworthiness. Go to Source Powered by WPeMatico
Cryptocurrencies
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‘I thought SBF was the Mark Zuckerberg of crypto,’ says Anthony Scaramucci
Anthony Scaramucci said blockchain “skepticism is usually born from a lack of knowledge,” while sharing his crypto holdings of Bitcoin, Ether, Solana and Algorand. Go to Source Powered by WPeMatico
SEC of Thailand issues crypto custody provider rules
The Thai securities regulator now requires crypto custodians to have a contingency plan in case of occurrence of any unforeseen events. Go to Source Powered by WPeMatico
Georgia Prepares to Launch Digital Lari Pilot in First Half of 2023
The central bank of Georgia intends to publish a document detailing the concept of a national digital currency in the coming months. Other participating parties will use it to finalize their proposals for the pilot which the monetary authority plans to initiate in the first half of the year. Financial Authorities in Georgia Gear Up … Read more
CoinFLEX clarifies position on possible new 3AC project amid backlash
The pitch deck for the exchange was leaked to the media and had been criticized for involving failed crypto hedge fund Three Arrows Capital. Go to Source Powered by WPeMatico
How crypto tokens (not Bitcoin) will outperform stocks in 2023, Arca’s CIO explains
Some crypto tokens will perform better than stocks in 2023 as they become less sensitive to macroeconomic factors, according to CIO at Arca Jeff Dorman. Go to Source Powered by WPeMatico
Binance to let institutions store crypto with cold custody
The new Mirror service is based on Binance Custody, a regulated institutional digital asset custodian, by mirroring cold storage assets through a 1:1 collateral on Binance. Go to Source Powered by WPeMatico
CBDCs not worth the costs and risks, says former BoE advisor
Tony Yates, the former senior advisor of the Bank of England, argues that CBDCs are not worth the headache. Go to Source Powered by WPeMatico
Bitcoin vs Ethereum: Community split between capped supply and deflationary model
Bitcoin proponents argued that Ether’s monetary policy has changed at least seven times while BTC has seen zero changes. Go to Source Powered by WPeMatico
Bithumb ordered to pay outage damages to investors by South Korean court
A ruling from local courts has Bithumb liable to pay just over $200,000 in damages to the 132 investors which filed against the cryptocurrency exchange. Go to Source Powered by WPeMatico