UK government rejects lawmakers call to treat crypto like gambling
The United Kingdom government has rejected a proposal made by the U.K. Treasury Committee to regulate crypto retail trading in the same way it oversees gambling,…
Andreessen Horowitz exec sees ‘promising paths’ for Web3 social platforms — EthCC
An executive from venture capital firm Andreessen Horowitz (a16z) believes that Web3 has the solutions to the headaches and problems found on Web2-based social…
Shared Web3 user base could power new social app integrations — Aave CEO
The latest version of Web3 social layer Lens Protocol has been released, introducing improved functionality to support new use cases and shared monetization for…
Bitcoin’s correlation with gold sinks to two-year low, a warning for investors
Key Takeaways
Bitcoin’s correlation with gold…
Myanmar’s shadow government backs launch of crypto-based bank
Myanmar’s first entirely crypto-based banking institution has announced a soft launch for July 22 — a move that could see the country’s shadow government given…
Kuwait bans crypto and virtual assets transactions
The state of Kuwait is the latest jurisdiction to ban virtually all operations involving cryptocurrencies like Bitcoin (BTC).On July 18, Kuwait’s main financial…
ZK proofs could change the internet, not just Web3 — Aleo exec
Zero-knowledge proofs could be used to solve the “biggest problem” plaguing the internet today — privacy, according to one cryptocurrency executive. Speaking with…
EV maker’s Bitcoin holdings see no change in Q2
For the fourth quarter in a row, Tesla hasn’t sold or added to its digital asset holdings with the electric vehicle manufacturer continuing to hold $184 million…
Multiple spot crypto ETF applications go to Federal Register in step toward SEC approval
Spot Bitcoin exchange-traded fund (ETF) applications from several firms have been published in the Federal Register, moving them one step along in the United…
3 reasons why Bitcoin traders anticipate BTC price to briefly sweep the $27.5K level
After a spectacular first half of 2023, the price of Bitcoin (BTC) appears to have stalled out, being stuck between $29,000 and $31,500.There could be reason to…