The crypto billionaire said he would look at Celsius, but he saw little left to rescue otherwise; the mess is the price of inaction on the part of regulators and the industry. FTX head Sam Bankman-Fried said that he will take a look at Celsius, but he does not see a lot more to do...Continue Reading

Bitcoin-denominated futures open interest hits 660,000 BTC despite volatility remaining comparatively flat. Bitcoin (BTC) saw flash volatility into the Oct. 12 Wall Street open as United States economic data began to move markets. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Analyst: PPI volatility a taste of things to come Data from Cointelegraph Markets Pro and...Continue Reading

As global inflation rumors continue to circulate, debates rage on both inside and outside of the decentralized finance space on whether Bitcoin is the answer. Inflation is a buzzword penetrating the finance world, both traditional and decentralized. International leaders continue to debate whether current circumstances can be deemed a recession. While financial industry experts ponder...Continue Reading

Crypto is currently languishing like the internet did in 1996 with slow speeds and few practical use cases, says Steve Newcomb, chief product officer of Matter Labs. But a major increase in bandwidth and security soon after saw the internet become a crucial part of daily life across the globe and were right on the...Continue Reading

Siu noted that the Metaverse won’t be a single or central entity but a combination of several metaverses. The $200 billion gaming industry is rapidly becoming a key point of interaction between Web2 and Web3. In recent times a growing number of gaming companies have integrated digital wallet support and nonfungible token (NFT)-based reward systems...Continue Reading

Michael J. Hsu called for tighter interagency efforts and highlighted the three most dangerous areas of the new industry. Acting Comptroller of the Currency Michael J. Hsu urged his fellow regulators not to lower their standards when dealing with crypto under the pressure of “being perceived as anti-innovation luddite.” According to the OCC, it’s necessary...Continue Reading

Despite delisting VBB, Valkyrie still continues to manage the Bitcoin Strategy ETF and its Bitcoin futures ETF and the Valkyrie Bitcoin Miners ETF. Valkyrie Funds, a major cryptocurrency fund manager in the United States, will soon be liquidating one of its Bitcoin (BTC)-related exchange-traded funds (ETFs). The firm announced on Oct. 11 plans to close the...Continue Reading

The Middle East, one of the world’s fastest-growing crypto markets, now offers a new opportunity for direct investment in Bitcoin through the 21Shares Bitcoin ETP. 21Shares, a major global provider of cryptocurrency exchange-trading products (ETP), is debuting a physical Bitcoin (BTC) ETP in the United Arab Emirates. The new 21Shares Bitcoin ETP has started trading...Continue Reading

CoinCorner, a Bitcoin Lightning-based card payment service provider, is looking to install NFC card readers across El Salvador to offer a seamless retail BTC experience. El Salvador-based Bitcoin (BTC) holders could soon spend their BTC using the “tap-to-pay” feature wherever the near-field communication services (NFC) card readers are available. The cardless pay service would be...Continue Reading

A suite of Microsoft products will feature in Meta’s new Virtual Reality headset, with Meta CEO Mark Zuckerberg calling it the “virtual office of the future.” Meta Platforms has partnered with technology giant Microsoft to bring a range of Microsoft Office 365 products into Meta’s Virtual Reality (VR) platform, aiming to entice companies into working...Continue Reading