Web3 is not all about ‘ownership’ — it’s so much more
Ownership is only one feature of Web3. The more important and defining characteristic is ‘verifiability,’ writes Jonathan Victor of Protocol Labs.
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Bitcoin holds US$28,000 in choppy trading; Ether falls after US Treasury warns against DeFi risk
Bitcoin moved in a narrow range above the support line at US$28,000 in Friday morning trading in Asia, while most other top 10 crypto declined.
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US Treasury warns DeFi is being used for illicit transfers
DeFi services threaten U.S. national security and need to comply with anti-money laundering and terrorist financing laws, the U.S. Treasury said on Thursday.
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India prioritizes offline CBDC transfers, targets 1 mln users in three months: CoinDesk
India is reportedly aiming to have one million users of its CBDC within three months of launch, according to sources familiar with the matter cited by CoinDesk.
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Chinese state-owned company launches crypto funds in Hong Kong
A major state-owned firm in China is launching two cryptocurrency funds in partnership with investment firm Waterdrip Capital.
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Bitcoin, Ether down with top 10 cryptos, most equities fall ahead of U.S. Jobs Report
Bitcoin and Ether fell during afternoon trading hours in Asia on Thursday, along with all other top 10 non-stablecoin cryptocurrencies by market capitalization.
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ASIC cancels Binance Australia’s derivatives license
The Australian securities regulator has canceled Binance Australia’s derivatives license.
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Swiss PostFinance bank to offer crypto services to 2.5 mln customers
PostFinance, a Swiss government-owned retail bank, has partnered with Sygnum Bank to provide crypto-related services.