Nifty News: PROOF cancels NFT conference, Bitcoin meme creator cashes in $150K and more
The conference known as “Proof of Conference,” slated to run in May, has been canceled due to “less interest than anticipated,” according to co-founder Kevin Rose.
NFTs will act as high-end property during boom cycles: Real Vision CEO
The former hedge fund manager suggested that top-tier NFTs essentially serve as status symbols, and should see significant upside during crypto boom cycles.
Bitcoin ‘fixes democracy’ and fights corruption: Human Rights Foundation
Human Rights Foundation CSO argues that Bitcoin represents free speech, property rights and open capital markets — stifling the power of tyrannical governments.
Trading on major exchanges spiked following collapse of Terra, FTX: BIS report
The report suggests that whales with Binance, FTX and Coinbase “probably cashed out at the expense of smaller holders” by reducing their BTC stockpiles as retail investors bought.
The fate of dollar-pegged stablecoins in question: Law Decoded, Feb. 13–20
The United States Securities and Exchange Commission (SEC) ordered Paxos Trust to stop issuing Binance USD. That could affect the whole stablecoins ecosystem.
‘Regulators let the bad guys get big’ — Kraken CEO speaks out after SEC settlement
According to Jesse Powell, U.S. regulators allowing bad actors in the crypto space to “suck up users, revenue and venture capital” could effectively destroy “the good guys.”
BlockFi appeals to cancel bankruptcy status for SBF’s offshore investment vehicle
The bankrupt crypto lender asked for a court ruling to dismiss Sam Bankman Fried’s appeal for bankruptcy for his offshore investment firm Emergent Fidelity Technologies Ltd.
Crypto transaction success rate hinges on user location: Report
A new report from Cointelegraph Research and Onramper revealed that fiat-crypto transactions have a 50% failure rate due to several factors, including user location.
Here's why crypto companies need to focus on embedded finance
Personalized offers, financing loans, insurance, seamless payment and preferred payment mode were some of the key features that came out as top priorities for customers.
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