Industry exec explains why NFT fraud protection falls on brand and not marketplaces
Nonfungible token (NFT) marketplaces should commit to combat fraudulent NFTs, but brands are far more responsible for protecting NFT investors, according to one industry executive.Brands...
Uniswap raises $165 million to improve its web application
Decentralised crypto exchange Uniswap has raised $165 million in a latest funding round and will use the funds to invest in its web app. Uniswap,...
FASB guidelines could ‘smooth the way’ for broader crypto adoption
The United States Financial Accounting Standards Board (FASB)’s decision to allow companies to use “fair value” to account for their crypto holdings could be seen...
Uniswap raises $165M from Polychain Capital, other investors
Uniswap wants to ‘bring Web3 to everyone’ , said founder and CEO Hayden Adams. Uniswap Labs, the leading decentralised exchange (DEX) platform in the crypto...
US lawmaker says crypto regulation from SEC is ‘needed now’
John Hickenlooper, a United States Senator representing Colorado, has penned a letter to Gary Gensler urging the Securities and Exchange Commission chair to establish “clear...
2022 biggest year for hackers with $3 billion in crypto already stolen
Hackers have so far stolen $718 million from DeFi protocols in October, which could yet be the biggest month for hackers, Chainalysis said in a...
UK gov’t introduces bill to digitize trade documents — Potentially traced using blockchain
Members of the United Kingdom’s House of Lords have introduced legislation aimed at eliminating the need for paper trade documents, increasing the likelihood of using...
MDX price prediction as Mdex defies gravity
MDX price defied gravity on Thursday as cryptocurrencies plunged. The MDEX token went vertical and reached a high of $0.1300, which was the highest level...
Crypto.com opens its European headquarters in France
Crypto.com has followed Binance in launching a headquarters in France in a bid to establish its presence in Europe. Cryptocurrency exchange Crypto.com announced on Wednesday...
Banks should manage risks from crypto firm deposits, says Barr
Michael Barr, the Federal Reserve’s vice chair of supervision, says banks that accept deposits from cryptocurrency companies should be aware of increased liquidity risks. Michael...