Existing virtual asset providers must apply for an NOC by Sept. 5 or cease operations under Pakistan’s new regulatory framework. Read More at https://cointelegraph.com/news/pakistan-crypto-licensing-portal-september-5-deadline?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Category Archives: Uncategorized
Term Finance loses estimated $8.5M in vault governance exploit
Term permanently closed its Meta Vaults after an attack reportedly removed nearly all of their Ethereum deposits. Read More at https://cointelegraph.com/news/term-finance-8-5m-vault-governance-exploit?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
We are so back! Bitcoin’s 23% rally on US debt policy: Hodler’s Digest
The US may face a debt crisis within three years according to Ray Dalio, and debt-related issues helped fuel a rally in Bitcoin that could mark the beginning of a new cycle. Read More at https://cointelegraph.com/magazine/we-are-back-bitcoins-23-rally-on-us-debt-policy-hodlers-digest?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Fed study finds crypto investors driven by beliefs, easily swayed by returns
A Federal Reserve Bank of Cleveland study finds crypto investors hold sharply different views on returns and risk, while information about Bitcoin’s past gains can increase both desired allocations and actual crypto purchases. Read More at https://cointelegraph.com/news/fed-study-finds-crypto-investors-driven-by-beliefs-easily-swayed-by-returns?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
MiCA is coming for DeFi vaults, but regulation will be difficult
Brussels is reviewing whether crypto lending should fall under MiCA, but DeFi lending vaults are making it harder to determine who, exactly, should be regulated. Read More at https://cointelegraph.com/magazine/mica-is-coming-for-defi-vaults-but-regulation-will-be-difficult?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitget CEO sees Bitcoin near current levels at year-end, doubts US will buy BTC
Gracy Chen says macroeconomic uncertainty could keep Bitcoin within $10,000 to $20,000 of current levels, while US government purchases remain unlikely within the next two years. Read More at https://cointelegraph.com/markets/bitget-ceo-sees-bitcoin-near-current-levels-at-year-end-doubts-us-will-buy-btc?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Ray Dalio says to buy ‘a bit’ of Bitcoin amid potential debt crisis
The hedge fund founder with an estimated net worth of $15 billion recommended that investors overweight Bitcoin and gold rather than bonds. Read More at https://cointelegraph.com/news/ray-dalio-buy-bitcoin-debt-crisis?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Onchain, in court: What happened in crypto legal news this week
The CFTC ordered a trading ban for former Alameda and FTX executives, and US prosecutors opposed a motion from a US soldier accused of profiting from the removal of Nicolas Maduro. Read More at https://cointelegraph.com/news/on-chain-in-court-crypto-legal-news5?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin seeks support near $77K as BTC, gold near 100-day highs
Bitcoin volatility eased after BTC hit its highest level since mid-May, while gold joined the cryptocurrency in approaching three-month highs. Read More at https://cointelegraph.com/markets/bitcoin-seeks-support-near-77k-btc-gold-100-day-highs?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Digital Asset, Paul Ryan foundation target US state benefits with Canton pilot
The RISE program would use the Canton Network to combine and distribute state-administered benefits across three US states beginning in 2027. Read More at https://cointelegraph.com/news/paul-ryan-foundation-digital-asset-plan-blockchain-based-benefits-pilot-on-canton?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound