We can all agree that 2022 has been a tough year for everyone in the crypto market, including traders and exchanges. Unfortunately, it does not appear that the current market downturn will stop very soon. The bearish market is even more complicated following the collapse of platforms such as Celsius…

The argument over how to regulate cryptos can be contentious and interminable. Until recently, this argument has favoured crypto enthusiasts who fervently oppose regulation. The fallout of FTX’s bankruptcy, the contagion effects, and the revelations about its business practices have accelerated government action on regulatory questions. Cryptocurrency was primarily designed…

Given its novelty and complexity, cryptos demand greater user trust than traditional financial instruments for continuous adoption and expanding use cases. However, the trust and transparency mechanisms provided to users of traditional financial services are mostly non-existence to users in the crypto market. Money generally involves trust, more so in…

In this era of Web3 and the Metaverse, almost every company follows the trend of setting up a presence in the virtual world. While the metaverse is still developing in many respects, it has quickly become a booming market, attracting the attention of big tech and gaming heavyweights like Microsoft…

DeFi is one of the few ways to get a real return on investment in a world where interest rates are often zero or even negative. Most DeFi protocols have variable interest rates based on market activity. However, a new generation of protocols is developing innovative methods to give investors…

No Big bucks for That NFT You Want? No Problem, Get F-NFTs Non-fungible tokens herald a new age of decentralized and transparent asset ownership in many industries, like real estate, blockchain games, intellectual property, and the arts. NFTs guarantee unique ownership of a digital asset and cannot be duplicated or…

Brief Summary Hong Kong regulator releases guideline for Crypto future ETFs For organizations proposing a public offering of an exchange-traded fund (ETF) linked to cryptocurrency futures, the Securities and Futures Commission of Hong Kong has established regulations. For authorization of a crypto futures ETF, the SFC stated in an Oct. 31 circular that management companies in Hong Kong would also need…

The tremendous interest in non-fungible tokens has caused a surge in the market for crypto-collectibles and NFT artwork. These are two of the most notable use cases of NFTs. Nevertheless, one of the most practical applications of NFTs presented at the ETHDenver conference in 2019 was a Proof of Attendance…

Brief Summary Russian Parliament rejects bill allowing Crypto payment The Russian Federal Assembly’s State Duma voted to reject a proposed legislation regulating cryptocurrency mining this week. Members of the liberal New People group previously introduced the measure titled “On Mining in the Russian Federation.” Legislators faulted the sponsors for failing to adequately establish the activity’s regulatory principles, standards for…