Bitcoin holds above US$28,000, Dogecoin rises most in top 10 cryptos
Bitcoin and Ether rose in Monday afternoon trade in Asia, along with most other top 10 non-stablecoin cryptocurrencies by market capitalization.
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DeFi has a trust gap. What can rebuild its credibility?
Traditional institutions are testing crypto waters, but given last year’s market carnage, it’s not easy to gain their confidence, writes Simon Schaber of Spool.
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Bitget exchange starts US$100 mln fund to support ‘next-generation’ crypto projects
Bitget on Monday said it had launched a Web3 Fund with an initial investment of US$100 million to support development of cryptocurrency projects.
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FTX’s lack of financial controls complicates bankruptcy asset recovery, says legal filing
Former executives of the bankrupt crypto exchange FTX failed to install appropriate financial controls in the company, complicating the asset recovery process, the restructuring team of the failed exchange said.
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Arkansas joins Montana, Texas with bills on guidelines, protection for Bitcoin miners
Arkansas has joined Montana and Texas this year in proposing legislation to offer legal protections to companies operating crypto mining sites.
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Thai opposition pledges US$15 bln in digital tokens: Bloomberg
Thailand’s main opposition party said it would distribute US$15 billion worth of digital tokens to citizens if it wins the general election
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Weekly Market Wrap: Bitcoin stuck at US$28,000 amid signs of slowing economies
Bitcoin bounced around the US$28,000 mark as worries about bank failures were replaced by concerns about a recession in the U.S. Just for good measure, the IMF forecast the global economy will see its slowest growth in two decades.
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ECB’s Lagarde gets pranked, reveals digital euro will have ‘limited’ control
ECB President Christine Lagarde said the digital euro would have “limited control” in a prank call.
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Bitcoin trades under US$28,000, Dogecoin biggest loser
Bitcoin rose as Ether fell during Asian trading hours on Friday, with most of the top 10 non-stablecoin cryptocurrencies by market capitalization dropping. XRP rose the most, while Dogecoin was the biggest loser.
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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.