Berry Schepers

[Berry Schepers @Berrysc156]

Decentralized finance protocols in Europe could soon be under new regulations as the European Commission evaluates the space.

[Berry Schepers @Berrysc156]

I think it would be important to have a sizable amount of all revenues, airdrops included, going directly the the DAO treasury. This would not interfere with hiring, firing, or other operations [...] Treasury should not be ignored. [...] I suggest a split of revenues between treasury and operations,” noted community member Nick Rishwain in the proposal’s thread.

[Berry Schepers @Berrysc156]

In August 2023, Worldcoin was banned in Kenya, with the government halting all local activity associated with the platform, including biometric identification. Worldcoin has been working with the Kenyan government to resume operations.

[Berry Schepers @Berrysc156]

The use of tokenized securities is expanding rapidly. In the United States, the market for tokenized U.S. Treasury bonds grew from $114 million to $845 million in the course of last year.

[Berry Schepers @Berrysc156]

The average Bitcoin mining cost as of April 6 is $49,902, and the BTC price is above $70,000 at the time of writing. After the halving on April 20, average mining costs will rise above $80,000, and for miners to continue operating profitably, the BTC price must trade higher than that price.

[Berry Schepers @Berrysc156]

This is where the innovative partnership between the financial institution Fiat24 and crypto wallet provider SafePal comes into prominence. Together, they announced a crypto Visa debit card coupled with an in-app banking service to bridge the gap between digital assets and traditional banking, offering users a seamless experience for managing their finances across both realms. Akin to a cross-chain bridge that seamlessly connects crypto assets with fiat assets, Fiat24 facilitates the fluid transition of digital currencies into the traditional monetary system, bypassing the conventional complexities.

[Berry Schepers @Berrysc156]

This structure enabled Vanguard to offer ETFs as a share class of their existing mutual funds, allowing both funds to share the same underlying portfolio. Vanguard’s patent on this share class concept expired in May 2023.

[Berry Schepers @Berrysc156]

“They have liquidated billions of dollars of crypto assets. There’s a token S&C [Sullivan & Cromwel] sold at 11 cents; it’s now trading at two dollars. FTX had $10 billion [misprint] in Solana tokens — they sold it at 70% discount,” said FTX creditor Sunil Kavuri.

[Berry Schepers @Berrysc156]

Essentially, the company’s revenue has come exclusively via Facebook, Instagram, Messenger and WhatsApp, its suite of social media and messaging apps.

[Berry Schepers @Berrysc156]

Paul West, the mastermind behind Bitcoin Miner and founder of Fumb Games, thinks there’s still a massive demand from gamers who prefer the “less is more” approach in Web3 gaming.

[Berry Schepers @Berrysc156]

At Cointelegraph, we are chronicling the evolving blockchain industry. Is it revolutionary or overhyped? Or both? Will it become the solution to securing trust in finance and global trade? What will be the rate of blockchain transactions in the coming years?

[Berry Schepers @Berrysc156]

However, the so-called “crypto spring” will also be a determining time for the majority of blockchain projects regarding whether they continued to build during the bear market or just tried to get on the hype train.

[Berry Schepers @Berrysc156]

Despite its potential, the crypto industry grapples with challenges that hinder its mass adoption and utility, such as volatility and trust. The volatility is not just a symptom of speculative trading. It also reflects the nascent state of the underlying technology and the market’s ongoing struggle to find equilibrium amid varying supply and demand pressures.

[Berry Schepers @Berrysc156]

Stability-focused cryptocurrency initiative Kelp introduces a unique blend of technology, on-chain data, AI, and monetary theory to offer a stabilized currency.

[Berry Schepers @Berrysc156]

On March 25, the IMF published a report on the potential role of stablecoins and central bank digital currencies (CBDCs) on the economies of the Pacific Islands countries.

[Berry Schepers @Berrysc156]

The SEC violates the APA, it claimed, because the act “tells agencies that when they make new rules, they must do so openly, clearly, and with the benefit of public input

[Berry Schepers @Berrysc156]

Customers still will never be in the same position they would have been had they not crossed paths with Mr. Bankman-Fried and his so-called brand of ‘altruism.

[Berry Schepers @Berrysc156]

SWIFT looked in particular at tokenization and the shared ledger model, according to a post on its website. Common infrastructure could provide real-time balance to all of the participants in the shared ledger, it said.

[Berry Schepers @Berrysc156]

The release includes code on the Orb which is crucial for capturing images and securely transferring them to the product's app.

[Berry Schepers @Berrysc156]

While there is no timeline on when India could get formal crypto regulations, the hefty 30% tax on crypto income, with no provision to offset losses along with a 1% tax deducted at source (TDS) on each crypto transaction, has forced several established players to shift their base elsewhere.