Although details surrounding the venture remain unknown, its website states the firm seeks to provide “consumer finance solutions for an emerging web.” According to local news outlet FinanceFWD, German entrepreneur Bastian Lehmann is making a move into the crypto industry with the creation of a new startup called “TipTop Labs.” Although details surrounding the venture...Continue Reading

The future of crypto adoption will largely depend on which of the competing narratives about digital assets and blockchain’s environmental effects prevails. Regulation by enforcement, a fast and economical substitute for thorough rulemaking, is widely regarded as some of the U.S. executive agencies’ preeminent approach to crypto regulation. It could be summed up as letting...Continue Reading

Mounting concerns about the state of the global economy and traders’ risk-off sentiment continue to weigh on Bitcoin price. Bitcoin (BTC) remains below $40,000 for the third consecutive day and the most likely source of the volatility is the worsening condition of traditional markets. For instance, the S&P 500 is down 5% since April 20...Continue Reading

If passed, the suspension of both new licenses and renewal applications will last for two years. New York’s legislature might ban proof-of-work (PoW) crypto mining in the state for at least two years, citing environmental concerns.  Over the past weekend, on Saturday and Sunday, several crypto advocacy groups — including the Blockchain Association and Crypto...Continue Reading

Bitcoin and select altcoins are attempting a recovery, but the most likely outcome of any breakout is strong selling at higher levels. Bitcoin (BTC) continues to trade below $40,000 as bears try to flip the level into resistance. The soaring U.S. dollar index (DXY), which is usually inversely related to Bitcoin, favors the sellers. However,...Continue Reading

The store, which will be located on the company campus in Burlingame, California, will feature a wall-to-wall curved LED screen that displays what users see using Meta VR headsets. Social media giant Facebook’s parent company, Meta, will be opening a retail store in the San Francisco Peninsula offering hardware for the virtual reality space. In...Continue Reading

The phishing attack coincided with the one-year anniversary of BAYC’s launch, leading many users to believe that the link was authentic. As told by Bored Ape Yacht Club (BAYC) developers on Monday, hackers breached the popular nonfungible token (NFT) collection’s official Instagram page and shared links to a fake airdrop with the project’s followers. Crypto...Continue Reading

The success of MoonBirds and traders’ anticipation of Yuga Labs’ The Otherside land sale is bringing a wave of fresh liquidity to the NFT market. Spring is here and with it came a newfound awakening for nonfungible tokens (NFTs). In the last week of March, total sales volume rallied to $20 billion, but this metric...Continue Reading

One of Fabio Panetta’s concerns seemed to be how the ECB and lawmakers address the taxation of cryptoassets, describing current requirements as “minimal.” European Central Bank executive board member Fabio Panetta said lawmakers across the world must decide how to regulate cryptocurrencies based on potential risks. In a written statement for a speech to Columbia...Continue Reading

Dogecoin reaps the benefits of rumors that plans for Musk to buy Twitter outright are in their final stages. Bitcoin (BTC) saw a classic “fake out” move on April 25 as volatility kept traders firmly on edge. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Traders stay gloomy on BTC outlook Data from Cointelegraph Markets Pro...Continue Reading