US Senate introduces bill to put CFTC in charge of regulating Bitcoin, Ethereum

Leaders of the Senate Agriculture Committee introduced a bill on Aug. 3 to make the Commodity Futures Trading Commission (CFTC) the chief regulator of digital assets that are commodities. The CFTC currently... Read more »

Over $1B reinvested into ecosystem from NFT mints in 2022 according to Nansen report

Nansen, one of the industry’s leading blockchain data and analytics platforms, released a report Tuesday detailing the flow of Ethereum raised through NFT mints in 2022. The “NFT Sales: Where did the... Read more »

Cardano founder addresses Vasil hard fork delay; says rollout ‘shouldn’t be much longer’

Cardano founder Charles Hoskinson posted a video on Aug. 1 to address the delay in the Vasil hard fork. He said Vasil is the most ambitious upgrade to date as it required... Read more »

Binance uses Soulbound Tokens to offer decentralized KYC of wallets

Binance launched BAB, a Soulbound Token on the BNB Chain, as a decentralized solution to the KYC requirements for the exchange. Soulbound Tokens are NFTs that are non-transferrable between wallets. The inability... Read more »

South Korea-based Busan Bank’s employee steals 1.4B won in customer funds to buy crypto

A foreign employee of South Korea-based Busan Bank stole roughly 1.48 billion won of customer funds and invested the money in crypto assets like Bitcoin (BTC), local media reported on August 1.... Read more »

Web3 Foundation passes 400 project grants on Polkadot

Web3 Foundation, the organization responsible for doling out grants on Polkadot, has passed the milestone of 400 approved projects. Since launching in December 2018, Web3 Foundation (W3F) has received hundreds of applications... Read more »

What are crypto liquidations and why do they matter?

In the last several months, liquidations have become top of the news cycle in the crypto world. This article will explain what liquidations are in the context of crypto, including how they... Read more »

Metaverse branding’s success depends on its underlying purpose

The growing popularity of the metaverse is driving brands from across sectors to build a presence in the space. The move to the metaverse is understandable, given that Gartner predicts around a... Read more »

How short-term Bitcoin holders invest differently to long-term holders according to on-chain data

Looking at on-chain data shows apparent differences in how short-term and long-term holders invest in Bitcoin. Short-term holders have been mainly buying between the $17k – $48K levels, whereas long-term holders are... Read more »

Shrimps vs. Whales — Small holders accumulate Bitcoin as whales dump

Glassnode’s data has revealed that small, or retail, Bitcoin (BTC) holders are accumulating the flagship digital asset while whales have been dumping their holdings. Retail holders own less than 10 BTC in... Read more »