FTX US to launch stock trading against stablecoins

FTX US to launch stock trading against stablecoins

Major cryptocurrency exchange FTX is moving into equity trading, with its United States-based subsidiary FTX US launching a stock trading platform. West Realm Shires Services, the owner and operator of FTX US, announced on May 19 the upcoming launch of FTX Stocks, a stock trading service offered directly through the FTX US trading app. The …

Read more

Crypto Stories: Ethan Lou shares experience of crypto conference in North Korea

Crypto Stories: Ethan Lou shares experience of crypto conference in North Korea

When North Korea announced a crypto conference back in 2018, Canadian journalist Ethan Lou jumped at the opportunity to see what the country’s crypto scene looked like. He encountered many surprises, including being introduced as a presenter to a North Korean audience. According to Lou, he went there with eight other unsuspecting participants who simply …

Read more

DeFi partnership aims to tokenize shares of pre-IPO companies

DeFi partnership aims to tokenize shares of pre-IPO companies

Decentralized finance (DeFi) protocol Portal has partnered with the asset marketplace HighCircleX (HCX) to tokenize stocks of pre-initial public offering (IPO) companies, according to an announcement shared with Cointelegraph on Monday.  The collaboration aims to make investing in private equity easier by building on top of the Bitcoin (BTC) blockchain. Through this, HighCircleX is looking …

Read more

The loss of privacy: Why we must fight for a decentralized future

The loss of privacy: Why we must fight for a decentralized future

If you’re into cryptocurrency or blockchain, there’s a good chance I don’t have to spell out the benefits of decentralization. You’re a first-generation user of a technology that will increasingly define the future of the internet, and you have front-row seats to the world premiere of Web3. The internet’s use and control were always as …

Read more

As labor struggle takes center stage, can DAOs democratize work?

As labor struggle takes center stage, can DAOs democratize work?

Web3 has given rise to a number of innovative business models. In particular, decentralized autonomous organizations (DAOs) have started gaining traction as Web3 as the creator economy comes to fruition.  Natalie Salemink, CEO and founder of Prismatic — a tooling and treasury management platform for DAOs — told Cointelegraph that DAOs are internet-native organizations that …

Read more

Russian tax authority proposes using crypto as a foreign trade payment tool

Russian tax authority proposes using crypto as a foreign trade payment tool

Russia’s Federal Tax Service (FTS) has joined the debate around crypto regulation in Russia with an unexpectedly blunt proposition — to let Russian companies use digital currencies as a payment method when transacting internationally. On Wednesday, local newspaper Izvestia reported that the FTS left its official feedback on the draft of the crypto bill prepared by …

Read more

Bitcoin climbs above $41K on Wall Street open as gold dives, dollar cements highs

Bitcoin climbs above $41K on Wall Street open as gold dives, dollar cements highs

Bitcoin (BTC) reclaimed $41,000 on April 14 as the first day of Western stock market trading after Easter painted a more bullish picture. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Analysis calls for caution on BTC Data from Cointelegraph Markets Pro and TradingView showed BTC/USD spiking above $41,000 during April 19, reaching five-day highs on Bitstamp. …

Read more

Ethereum price ‘bear flag’ could sink ETH to $2K after 20% decline in three weeks

Ethereum price 'bear flag' could sink ETH to $2K after 20% decline in three weeks

Ethereum’s native token Ether (ETH) has dropped by nearly 20% in the last three weeks, hitting monthly lows near $2,900 on April 19. But despite rebounding above $3,000 since, technicals suggest more downside is possible in the near term, according to a classic bearish pattern. Ethereum price ‘bear flag’ setup activated Dubbed “bear flag,” the …

Read more

Crypto startup Blockchain dot com planning 2022 IPO

Crypto startup Blockchain dot com planning 2022 IPO

  Crypto exchange and block explorer Blockchain.com has begun talking with American banks to explore how it may hold an initial public offering (IPO) as soon as this year. Bloomberg reported on April 19 that sources familiar with the situation said that the talks were merely preliminary conversations and that the tech startup’s plans could …

Read more

Animoca Brands buys major stake in Aussie digital services agency

Animoca Brands buys major stake in Aussie digital services agency

  NFT investment giant Animoca Brands has acquired a major stake in Australian digital marketing agency Be Media. Be Media has locations in Perth, Melbourne, and Sydney and has provided Web2 firms with advertising and digital strategy since 2013. While the company isn’t geared up towards the crypto sector, the investment seems to be a …

Read more