Tuesday, October 4, 2022
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Cryptos Rise, Even as Stocks Falter; Token2049 Conference Signals Singapore’s Resurgence as a Crypto Hub

Despite the ongoing, macroeconomic turbulence, Jeff Dorman, chief investment officer at crypto fund manager Arca, took issue with "the convenient narrative" that ties "digital assets' fates to macro." In his Two Satoshis newsletter, Dorman wrote that the correlation was "short-lived" and applied only to bitcoin and "a few other bellwether

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Cryptos Yo-Yo After Hawkish Rate Hike; Ether’s Price Is Down, Regulators May Soon Be Circling. What’s Next for Post-Merge Ethereum?

“(There’s) the possibility of recognizing ETH as a security token. On the one hand, after the transition to PoS, the coin will have signs of security, such as, for example, the expectation of making a profit. And many financiers say that such an outcome is possible, " Serhii Zhdanov, CEO

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Where in the World Is Do Kwon? Terra Co-Founder’s Absence Highlights the Complications of Extradition; Cryptos Climb Ahead of FOMC

Taiwan has a government, clearly defined territory, a currency, a national language, and a military, – but because of pressure from the People’s Republic of China, it’s excluded from most of the world’s international organizations, including the United Nations, World Health Organization, International Civil Aviation Organization and Interpol. Source

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US Treasury Wants Public to Comment on Crypto’s Role in Illicit Finance

“The growing use of digital assets in financial activity heightens risks of crimes such as money laundering, terrorist and proliferation financing, fraud and theft schemes, and corruption,” the notice said. “These illicit activities highlight the need for ongoing scrutiny of the use of digital assets, the extent to which technological

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Merge is ‘a step in the right direction’ to address crypto’s energy usage — Rostin Behnam

Rostin Behnam, chair of the United States Commodity Futures Trading Commission, or CFTC, said the Ethereum blockchain’s transition to proof-of-stake may help reduce crypto’s energy usage, but hinted legislation would likely still be needed to address the problem.Speaking at a Thursday hearing before the Senate Agriculture Committee, Behnam addressed a

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Bitcoin Holds Steady Above $21K; DeFi Platform Forward’s $5M Funding Round Highlights Crypto’s Growth in Thailand, but Regulation Lags

While noting bitcoin's encouraging rebound from $18,500 earlier in the week, Joe DiPasquale, CEO of crypto asset manager BitBull Capital also said that such resurgences have not been unusual for cryptos during down markets. "While bulls will welcome this bounce, it is important to note how continued bearish price action

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