Combining blockchain with digital monitoring, reporting and verification protocols may not only improve VCMs but even rescue them.
Decentral Block Post
Access real-time blockchain and cryptocurrency news updates from around the globe.
Will Evergrande’s collapse have a silver lining for crypto?
81 Total views
Listen to article
Cointelegraph YouTube
On the latest episode of The Market Report, Cointelegraph analyst Marcel Pechman delves into Grayscale’s victory against the United States Securities and Exchange Commission. Even though there’s still no decision regarding the firm’s application for a spot Bitcoin (BTC) exchange-traded fund, the decision was favorable for Grayscale and its Grayscale Bitcoin Trust, which has over $16 billion in assets under management.
Next, Pechman discusses the impact of Chinese real estate giant Evergrande’s bankruptcy and questions why it took almost two years to announce the company’s inability to repay its debt. According to The Kobeissi Letter, it seems related to China’s recent unexpected cut in interest rates.
Pechman reminds viewers that China recently announced several measures to stimulate the stock market. Ultimately, he agrees that an eventual collapse of the Chinese markets would be negative for risk-on assets, including stocks, cryptocurrencies and commodities.
Will Evergrande’s collapse have a silver lining for crypto?
This week, The Market Report discusses Grayscale’s victory against the SEC, the impact of Evergrande’s bankruptcy, and what happened to the 16 trillion PEPE tokens reportedly stolen.
Will Evergrande’s collapse have a silver lining for crypto?
This week, The Market Report discusses Grayscale’s victory against the SEC, the impact of Evergrande’s bankruptcy, and what happened to the 16 trillion PEPE tokens reportedly stolen.
BlockFi asks court for permission to convert trade-only assets into stablecoins
The bankrupt crypto lender’s request marks another step toward the return of users’ funds, which the company began in August.
Nigeria’s Patricia crypto exchange seeks to explain its token amid confusion
Patricia clarified that it will operate similarly to an IOU (I owe you) document, serving as a means for the exchange to acknowledge its debt to its users.
Nigeria’s Patricia crypto exchange seeks to explain its token amid confusion
Patricia clarified that it will operate similarly to an IOU (I owe you) document, serving as a means for the exchange to acknowledge its debt to its users.
South Korean parliament rejects motion to expel lawmaker over crypto scandal
South Korean lawmaker and Wemix investor Kim Nam-kuk will stay in the parliament after a 3:3 vote in the expulsion motion.
South Korean parliament rejects motion to expel lawmaker over crypto scandal
South Korean lawmaker and Wemix investor Kim Nam-kuk will stay in the parliament after a 3:3 vote in the expulsion motion.
Google Cloud to digitize El Salvador's governance, healthcare and education
Google Cloud and the government of El Salvador have entered into a 7-year partnership to digitize the country’s infrastructure in various sectors.
Google Cloud to digitize El Salvador's governance, healthcare and education
Google Cloud and the government of El Salvador have entered into a 7-year partnership to digitize the country’s infrastructure in various sectors.
GBTC Bitcoin 'discount' may be gone by 2024 as share price gains 17%
GBTC shares trading at a lower implied value to BTC price may soon be a thing of the past, a new prediction says.
Stronghold requests permission to burn tires for crypto mining in Pennsylvania
Company requests the use of Tire Derived Fuel, citing the United States Environmental Protection Agency’s approval to use this kind of energy source at other industrial facilities in the state.
Hong Kong's first licensed retail crypto exchange HashKey eyes 2024 bull run
HashKey becomes the first licensed retail cryptocurrency exchange to launch in Hong Kong and anticipates major growth of the Web3 industry in the special administrative region.
Hong Kong's first licensed retail crypto exchange HashKey eyes 2024 bull run
HashKey becomes the first licensed retail cryptocurrency exchange to launch in Hong Kong and anticipates major growth of the Web3 industry in the special administrative region.
Hong Kong’s first licensed retail crypto exchange HashKey eyes 2024 bull run
HashKey became the first licensed retail cryptocurrency exchange to launch in Hong Kong and anticipates major growth of the Web3 industry in the special administrative region.
EOS secures regulatory approval in Japan, will trade against yen
The EOS Network Foundation announced that the EOS token will start trading on the Japanese exchange BitTrade in September.
EOS secures regulatory approval in Japan, will trade against yen
102 Total views
2 Total shares
Listen to article
News
The EOS token has been granted whitelist approval by Japan’s crypto regulator, paving the way for the token to be traded against the Japanese yen on regulated exchanges in the country.
In an announcement sent to Cointelegraph, the EOS Network Foundation (ENF), which currently supports the development of EOS, announced that the token has received whitelist approval from the Japanese Virtual and Crypto Asset Exchange Association.
This means the token can trade against the yen on regulated exchanges. The ENF also highlighted that trading for the token will be enabled in September at an exchange called BitTrade.
British MPs call on government to scrap AI exemptions that hurt artists
A bipartisan committee of British MPs said Rishi Sunak’s government must prioritize the rights of musicians and creators over AI developers.
SEC's first deadlines to approve 7 Bitcoin ETFs coming over the next week
Analysts say the best-case scenario is the SEC approves the batch of spot Bitcoin ETFs but it may also exercise its right to an appeal.