Visa’s head of crypto disputes report of company pausing crypto push

Ad Visa’s head of crypto Cuy Sheffield described Reuters’ report that the payment giant was pausing its crypto endeavors as “inaccurate.” In a Feb. 28 Twitter thread, Sheffield said the company has continued to partner with crypto companies to build new products. He said: “We continue to partner with crypto companies to improve fiat on…

Coinbase spent $3.4M on lobbying in 2022, while FTX spent $720k

Ad Coinbase spent $3.4 million on lobbying activities in 2022, ranking second, while Binance US and FTX US ranked ninth and 13th, respectively, according to a recent report by Money Mongers. The exchange’s 2022 lobbying spend marks a 122% increase from 2021’s $1.52 million, according to the Money Mongers report. Binance U.S. grew its budget…

Unity launches decentralized technology tools for game developers

Ad Unity Technologies, developer of the Unity game engine, has launched a new set of decentralized technology tools for game developers looking to add decentralization to their games. Unity said that “decentralization” in a gaming context refers to “models of ownership in games that allow players to create, earn, or obtain in-game resources that they…

UAE to create exclusive free zone for digital, virtual asset companies

Ad The government of Ras Al Khaimah is set to unveil a new free zone tailored for digital and virtual asset firms as the United Arab Emirates (UAE) strengthens its position as a magnet for players in the burgeoning blockchain industry. Known as the RAK Digital Assets Oasis, this bespoke zone will serve as a…

True USD becomes 5th largest stablecoin after market cap surges 15%

Ad Over the last few weeks, the market value of True USD (TUSD) has surged and it is now ranked, according to Coin Market Cap, as the fifth largest stablecoin by market capitalization. In the last 24 hours, TUSD’s market capitalization has risen by over 15%, currently at over $1.1 billion. True USD Market Cap (Source:…

Arthur Hayes gives his timeline for the next crypto ‘mega upcycle’

Ad Former BitMEX CEO Arthur Hayes expects a risk-on, crypto bull market between now and 2026. Crypto mega up-cycle Speaking to New York Magazine (NYM,) Hayes discussed his early career at Deutsche Bank in Hong Kong, the founding of BitMEX, and his indictment by the Department of Justice, among other topics. His take on the…

Nishad Singh becomes latest FTX exec to plead guilty

Ad Former FTX executive Nishad Singh has agreed to plead guilty to six U.S. criminal charges brought against him in the case against the collapsed exchange, Reuters reported Feb. 28. The charges are one count of wire fraud, three counts of conspiracy to commit fraud, one count of conspiracy to commit money laundering and one…

Sushi boosts Treasury to $30.6M after Kanpai implementation

Jared Grey Jared Grey is the Head Chef at SushiSwap, a community-driven platform that is building a DeFi ecosystem intertwining its cryptocurrency exchange, leverage & margin trading platform, new token launchpad and NFT artist platform. More about Jared Grey Info LinkedIn Twitter

Ethereum spot-to-futures ratio hits three-year low

Bitcoin bear market bottoms follow this price appreciation trend After Bitcoin bear market bottoms, we tend to see a month of drastic price appreciation followed by a month or period of consolidation. As February draws to a close, Bitcoin is up 1%, after appreciating 40% in January 4 hours ago