Domain registrars GoDaddy and Ethereum Name Service signed a partnership that will allow users to link Web3-based .eth domains to DNS top-level domains at no cost. A partnership between Ethereum Name Service (ENS) and domain registrar GoDaddy will allow the Web3 community to link their .eth names (domains) to traditional Web2 domains at no extra...Continue Reading

A new exchange with unknown operators is marketing itself to OPNX users as the old exchange shuts down. Kyle Davies’ and Su Zhu’s Open Exchange (OPNX) will close on Feb. 14, according to an email sent to users on Feb. 1 and seen by Cointelegraph. The firm’s trading will halt on Feb. 7, but withdrawals...Continue Reading

Combining AI and DeFi could benefit both industries if certain challenges are first overcome. Artificial intelligence (AI) and decentralized finance (DeFi) have been marketed as technologies that could change the world, and according to experts, combining the two would likely create unparalleled opportunities in both industries. DeFi is financial services built on blockchain tech that...Continue Reading

Spain’s Ministry of Finance has announced tax reforms that will give financial organizations the power to collect taxes on behalf of the government. The Spanish Ministry of Finance is looking to expand its control over the monitoring of cryptocurrencies in the country to allow it to seize digital assets to settle tax debts. The ministry,...Continue Reading

The proposed amendment to South Korea’s virtual asset service provider reporting requirements is expected to go into effect by the end of March 2024. South Korea’s financial watchdog proposed amendments requiring new executives of crypto projects to get regulatory approval before they start working in crypto companies.   On Feb. 5, the Financial Services Commission (FSC)...Continue Reading

When the SEC approved its spot Bitcoin ETF, South Korea’s securities regulator warned local firms against brokering spot Bitcoin ETFs from the United States. South Korea’s Financial Supervisory Service (FSS) — the chief financial regulator in the country — is planning to tap the United States Securities and Exchange Commission (SEC) for insights into spot...Continue Reading

Bitcoin price circles $43,000 as Chinese stocks are halted for volatility in a wild start to the macro week. Bitcoin (BTC) begins its first full week of February with an escape from a breakdown below $42,000. BTC price action remains in a sticky range — one which saw January gains capped at just 0.6%. What...Continue Reading

GBTC enables investors to access Bitcoin traditionally through shares, offering an alternative to directly owning and managing digital assets. Cryptocurrency investment products play a vital role in democratizing digital currency, diversifying portfolios, fostering institutional adoption, ensuring regulatory compliance and contributing to market liquidity, thereby supporting the maturation of the Web3 ecosystem. In the contemporary financial...Continue Reading

Powell said the Federal Reserve needs “more confidence” in the U.S. economy before it can begin cutting rates. Federal Reserve Chair Jerome Powell is warning the United States is on an “unsustainable fiscal path,” with debt currently outpacing growth in the broader economy. Speaking in a Jan. 4 interview with 60 Minutes, Powell said it’s...Continue Reading

A malicious actor claims they have a “KodexGlobal” account, allowing them to issue Emergency Data Requests (EDRs) to several major crypto and social media platforms. An online hacker is claiming they have access to a law enforcement request account, “KodexGlobal,” allowing buyers to “subpoena” user information from the likes of Coinbase, Binance, Chainlink, and many...Continue Reading