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US DOC’s Non-Regulatory Agency NIST Explores Trust, Security, And Safety Of Stablecoins

A non-regulatory organization operating under the United States Department of Commerce, the National Institute of Standards and Technology (NIST), issued the earliest public draft indicating diverse considerations dealing with the implementation as well as the architecture of stablecoins. NIST Studies Stablecoins and Issues Findings on their Trust, Safety, and Security By conducting a study over … Read more

Hugo Boss Teams Up With Web3 Firm Imaginary Ones For Metaverse And NFT Project

Recently, Hugo Boss and Imaginary Ones (a prestigious Web3 company) started a collaboration to be a part of the Metaverse and NFT world. Hugo Boss is determined to launch its initial collection of non-fungible tokens via this partnership to provide an outstanding fashion brand. The respective move counts as Hugo Boss’ renovative step as it … Read more

Bitwise Introduces Web3 ETF For Retail and Institutional Investors

Bitwise Asset Management has declared a unique exchange-traded fund (ETF) that would be available to both retail as well as institutional investors, enabling them to take advantage of the advancement of the Web3 sector. In its statement, Bitwise mentioned that the project denotes the next level of progress within the scope of the internet, taking … Read more

A Report Says Crypto Can Influence Voters In US Midterm Elections This Year

Haun Ventures reported that it surveyed around 800 midterm voters (from 4 swing states of the United States). It asserted that the great majority of voters supported decentralization, as well as many of them, were HODLers themselves.  A detailed statement has been shared by Haun Ventures (a venture capital organization) about the survey results, conducted … Read more

Kevin O’Leary Says Disruption In Payment Systems by Crypto Threatens JP Morgan CEO

Kevin O’Leary – in a conference of Converge22 (which was held on 8th September) – shared the fear of Jamie Dimon about the disruption that is caused by cryptocurrencies in the case of traditional payment systems. Kevin O’Leary is a venture capitalist who possesses several million and is the anchor of Shark Tank and Jamie … Read more

Voyager Digital Is Reportedly Going To Exit the Firm This Year

Ashwin Prithipaul, the chief financial officer (CFO) of Voyager Digital, has resigned from his post to move toward other opportunities. This move has been witnessed at a time when several bailouts presented by prominent industry players have been attracted by the insolvent crypto lending company. Voyager Digital Sees the Resignation of Its CFO after His … Read more

China’s Central Bank Is Planning On Expanding Its CBDC’s Trials To Four Provinces

Officials of the Central Bank of China have declared that China is going to expand its pilot testing of its digital asset e-CNY into its other populous provinces i.e., Sichuan, Hebei, Jiangsu and Guangdong by the end of the year 2022. As China is consecutively conducting pilot tests of the national digital asset names Yuan, … Read more

DEX Aggregator 1inch Network Finds a Vulnerability In Profanity

1inch Network, an aggregator for decentralized exchanges, issued a caution to the crypto investors following the detection of a vulnerability found in Profanity (a vanity address developing instrument for Ethereum). Notwithstanding the proactive caution, crypto tokens of up to $3.3M worth were taken away by the hackers. Profanity Tool’s Vulnerability Results in Exploit of $3.3 … Read more

A Lawyer Says Holding BTC Is Still Legal In China In Spite Of the Crypto Ban

Notwithstanding the comprehensive prohibition put over the cryptocurrency a year back, the authorities in China even now shield native crypto investors because crypto assets are considered virtual property shielded by the jurisdiction of the country. A Chinese Lawyer Asserts Possessing BTC Is Not Banned in the Country China, also known as one of the most … Read more