Fidelity Investments Engages With Regulators to Bring Crypto Assets Mainstream
The president of Fidelity Digital Assets, the crypto arm of Fidelity Investments, says that crypto is “its own unique asset class.” He revealed, “We and others are very engaged with regulators … to bring this asset class into the mainstream.” Fidelity Sees Long-Term Interest in Crypto Assets Among Institutional Investors Fidelity Digital Assets President Tom Jessop shared his view on the future of cryptocurrency in an interview with...
US SEC Shuts Down $30 Million Defi Money Market in First Decentralized Finance Bust
The U.S. Securities and Exchange Commission (SEC) has taken its first enforcement action involving decentralized finance (defi). The commission has charged a defi platform and its executives for unregistered securities sales of more than $30 million and misleading investors. SEC’s 1st Enforcement Action Involving Decentralized Finance The SEC announced Friday that it has taken the first enforcement action involving decentralized...
Tokenized Bitcoin on Ethereum Crosses $11 Billion Notional, WBTC Commands 76% of Circulating Supply
According to data on August 7, there’s 253,510 bitcoin-pegged or wrapped tokens worth more than $11 billion in value on the Ethereum blockchain. Out of the seven different bitcoin-pegged projects, the Wrapped Bitcoin protocol has 194,023 bitcoin-pegged ERC20 tokens in circulation. Over 250K Tokenized Bitcoin In Circulation Split Between 7 Ethereum Projects, Binance Smart Chain’s Bitcoin-Peg Reaches 73K Issued Ethereum (ETH) jumped...
‘Pub Testers’ Being Recruited To Clamp Down on Football Piracy
Top level football is massive business in the UK, generating money from turnstiles, merchandising and lucrative broadcasting rights. Those who want to watch matches legally can subscribe to packages offered by Sky, BT Sport, and Amazon, which together hold the rights to air games in the UK. Of course, some people prefer to pay little or even nothing by watching pirated streams instead but there is a third option – the local pub....
