Latest news from the Web3 ecosystem
Victory Fintech has received a license from Hong Kong's SFC, marking the first such approval since June. This development signals potential shifts in the region's digital asset regulatory landscape.
MegaETH's Total Value Locked has experienced a significant 65% increase within its first week post-mainnet launch. Despite this growth, key performance indicators for the MEGA token generation event have not yet been met.
South Korea's financial regulators are integrating advanced AI systems into their market surveillance to proactively identify and address manipulative practices within the cryptocurrency sector.
The cryptocurrency mining industry is actively engaging with U.S. policymakers to counter concerns about energy consumption, highlighting its potential role in stabilizing energy grids.
The global cryptocurrency market experienced a 2% decline, with major digital assets trading lower following the release of an underwhelming US jobs report.
Silicon Valley Bank anticipates a significant shift for digital assets in 2024, moving beyond experimental phases to become integral components of financial infrastructure. This integration spans stablecoins, tokenized securities, and advanced wallet technology.
Ray Dalio's assertion that the existing rules-based world order is dissolving highlights growing concerns about monetary debasement and dollar risks, re-centering the discussion on Bitcoin's potential as neutral, permissionless financial infrastructure.
Digital asset platform Nexo is re-entering the U.S. market after a three-year hiatus, launching regulated yield accounts, credit lines, and exchange services.
Harvard University has decreased its Bitcoin holdings by 20% while simultaneously initiating a new investment in Ether. This strategic portfolio adjustment comes amidst evolving market conditions.
Crypto lending platform Nexo has resumed operations in the United States, following a strategic exit in 2022 due to a challenging regulatory environment. The relaunch indicates a potential recalibration of the company's approach to the US market.
Stay informed on the latest trends and events across Bitcoin, blockchain, DeFi, NFTs, and Web3 regulation that are influencing the cryptocurrency landscape.
Mike McGlone warns of a potential Bitcoin price drop to $10,000, citing elevated U.S. market valuations and rising gold prices as indicators of broader economic instability.