“Crypto is just another technology, it’s a matter of how is it being used. It can be used for good or for bad. From where we sit, we see massive opportunities,” says the director of the UNICC. The United Nations is smitten with distributed ledger technology (DLT). In a conversation with Cointelegraph at WEF 2022,...Continue Reading

BCAT Africa 2022 aims to increase crypto awareness on the continent at a time when more Africans are turning to digital assets. With a 1,200% increase in received crypto volume between 2020 and 2021, the accelerated adoption of digital assets in Africa has captured the attention of multiple companies and organizations looking to take part...Continue Reading

It’s been a rough year for DeFi, and it may not get any better until projects focus more on security, regulation and usability. The persistent challenges faced by decentralized finance have been well documented by a handful of analysts and the recent collapse of the Terra ecosystem re-enforced the fact that something is critically wrong with DeFi....Continue Reading

The committee of central banks and regulators has proposed a “conservative prudential treatment” of crypto assets that banking groups say is prohibitive. The Basel Committee on Banking Supervision met Friday and discussed cryptocurrency, among other topics. The committee stated that it would soon publish its second consultative paper with the intention of finalizing guidelines on...Continue Reading

BTC bulls pressed the price to $33,300, but significant tailwinds in traditional markets could continue to weigh on Bitcoin price. Bitcoin (BTC) price action has been surprisingly bullish since May 27. Weekends, especially holiday weekends, are notoriously volatile and indecisive, with major whipsaws in price movements being the norm. Even in bull markets, bearish price...Continue Reading

About 70% of tokens are held in escrow and will be vested starting later this year. On Tuesday, cryptocurrency exchange Binance said it completed the first stage of airdropping new Terra Luna (LUNA) tokens to holders of Terra Luna Classic (LUNC), TerraUSD (USTC) and AnchorUST (aUST).  The distribution was based on “pre-attack” and “post-attack” snapshots...Continue Reading

A top Russian central bank official said at a press conference that the monetary authority will permit foreign trade with crypto. First deputy governor of the Russian central bank Ksenia Yudayeva stated Tuesday that the bank is open to using cryptocurrency for international payments, Reuters reported, along with Russian media, which added that the bank...Continue Reading

How do the decisions of the United States Federal Reserve affect Bitcoin and the broader crypto markets? “The Market Report” with Cointelegraph is live right now. On this week’s show, Cointelegraph’s resident experts discuss how Jerome Powell and the United States Federal Reserve influence the crypto market. But first, the Cointelegraph experts analyze the latest...Continue Reading

The Treasury wants to empower the Financial Market Infrastructure Special Administration Regime to oversee the safe return of customer funds in the event of a stablecoin collapse. In a new consultation paper published on Tuesday, the Treasury of the United Kingdom proposed a new set of regulatory changes for the stablecoin industry.  In its report,...Continue Reading

In the precariousness of Web3 open-source code, iterative development and move fast ethos, things break. And through breaking, things are also made. A new project allows anyone to create a copy of someone elses NFT, aptly named Mimics. But how does Mimics work, and what does it mean for the NFT art market to have...Continue Reading