Saturday, September 18, 2021

Maverick Vitalik in Time Mag, Sept. 13–17

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Welcome to the latest edition of Cointelegraph’s decentralized finance, or DeFi, newsletter.Despite Cardano founder Charles Hoskinson's claim that the DeFi space is now “up for grabs,“ it was rival Vitalik Buterin who stole the headlines this week with a...

El Salvador’s credit rating could take hit amid Bitcoin adoption warns S&P Global

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Credit rating agency Standard and Poor (S&P) Global believes the country of El Salvador has severely harmed its credit rating after enacting its Bitcoin Law recognizing BTC as legal tender nationwide on Sept. 7.According to a Sept. 16 report...

Delaying tax laws on crypto is ‘inevitable’

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Noh Woong-rae, a member of South Korea’s National Assembly and a representative of the country’s ruling party, reportedly plans to postpone a bill clarifying the taxation of crypto until 2023.According to a Thursday report from Naver News, Noh said...

Nafty launches naughty NFT site, Dutch DJ pushes limits of physical NFTs

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NFT NSFWNafty, a blockchain firm that produces decentralized NSFW platforms —such as OnlyFans competitor Nafty.TV — launched an erotic-themed NFT marketplace dubbed “NaftyArt” today. NaftyArt aims to provide a platform for erotic artists and adult-content creators to promote and...

NYAG shuts down Coinseed for converting customer funds into DOGE without consent

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The New York Attorney General (NYAG) has won a victory against crypto exchange Coinseed for its dodgy dealings with Dogecoin and defrauding its customers. On Sept. 13 NYAG Letitia James ordered Coinseed Inc. to permanently halt operations and pay $3...

Tezos risks correction below record high with XTZ rallying 250% since July

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A recent price boom in the Tezos (XTZ) market risks exhaustion as it triggers a classic bearish pattern.Dubbed as the "ascending broadening wedge," the pattern develops when the price oscillates between two upward but diverging trendlines. According to its...

Trippy Bunny NFT donates 100% of mint proceeds to suicide prevention foundation

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Trippy Bunny NFT, a new nonfungible token project built on Solana, has announced that it is donating all of its mint sale proceeds to the American Foundation for Suicide Prevention.The announcement was made on Suicide Prevention Day, a global...

Crypto regulators lagging behind blockchain industry

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As if he didn’t have enough to do, Gary Gensler appeared before the European Parliament on Sept. 1 to share his policy recommendations regarding the regulation of crypto assets and other matters. While the United States Securities and Exchange...

Why did it happen? Join Sam Bankman-Fried live on ‘The Market Report’

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“The Market Report” with Cointelegraph is live right now! Tune in to watch Cointelegraph host and analyst Benton Yaun alongside resident market experts Jordan Finneseth and Yashu Gola. Today’s menu: the dramatic Bitcoin (BTC) price flash crash to $43,000...

Afterpay ‘absolutely’ keen to explore crypto services after regulations clarified

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Australian buy now pay later (BNPL) giant Afterpay — now part of Jack Dorsey's Square — has said that it is likely to pursue cryptocurrency services once the regulatory framework is clear. Following on from Afterpay’s submission to the...

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Deadline for Mt. Gox trustee rehabilitation plan extended again

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The trustee of the now-defunct Japanese cryptocurrency exchange Mt. Gox has obtained another approval to extend the deadline for submitting a rehabilitation plan.Following a...