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Weekly overview

Ethereum Foundation Releases First Financial Report, Holds $1.3B in Treasury

  • Post author:admin
  • Post published:April 22, 2022
  • Post category:Weekly overview

The Ethereum Foundation (EF), a non-profit responsible for the financial support of the Ethereum ecosystem, has revealed it holds $1.3 billion in its treasury as of March 2022, of which…

Continue ReadingEthereum Foundation Releases First Financial Report, Holds $1.3B in Treasury

EU officials considered Bitcoin trading ban to enforce proposed mining ban

  • Post author:admin
  • Post published:April 22, 2022
  • Post category:Weekly overview

Previously unseen documents detailing the EU’s conversations around banning Bitcoin have come to light following a freedom of information request. European Union (EU) officials discussed banning Bitcoin trading during a…

Continue ReadingEU officials considered Bitcoin trading ban to enforce proposed mining ban

3 questions on financial literacy Bitcoiners flunk: Bank of Canada

  • Post author:admin
  • Post published:April 22, 2022
  • Post category:Weekly overview

“In particular, Canadians who were young, male, employed, had a university degree, high household income and relatively low financial literacy were more likely to own Bitcoin." A study from the…

Continue Reading3 questions on financial literacy Bitcoiners flunk: Bank of Canada

Hacker bungles DeFi exploit: Leaves stolen $1M in contract set to self destruct

  • Post author:admin
  • Post published:April 22, 2022
  • Post category:Weekly overview

A hacker apparently so thrilled by a successful theft left behind over $1 million in a smart contract that was set to destruct, permanently ensuring the crypto could never be…

Continue ReadingHacker bungles DeFi exploit: Leaves stolen $1M in contract set to self destruct

Upbit owner Dunamu could see ‘monopoly’ curbed after investment controversy

  • Post author:admin
  • Post published:April 22, 2022
  • Post category:Weekly overview

The Upbit operator is under heavy scrutiny from local regulators as its total assets balloon and a subsidiary issued controversial investment advice. The operator of South Korean crypto exchange Upbit,…

Continue ReadingUpbit owner Dunamu could see ‘monopoly’ curbed after investment controversy

Aussie media company goes all in on NBA fan engagement with NFTs

  • Post author:admin
  • Post published:April 22, 2022
  • Post category:Weekly overview

Australian basketball media company, Basketball Forever is using NFTs to massively increase fan engagement. Australian media company Basketball Forever has announced an NFT project titled Hoop Hounds which seeks to…

Continue ReadingAussie media company goes all in on NBA fan engagement with NFTs

OCC issues order against Anchorage Digital over AML compliance

  • Post author:admin
  • Post published:April 22, 2022
  • Post category:Weekly overview

The bank hinted that the OCC’s actions might help establish a regulatory precedent that could encourage other firms in the space to set up federally regulated digital asset banks. The…

Continue ReadingOCC issues order against Anchorage Digital over AML compliance
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