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South Korea faces strict crypto regulation and fears of centralization
The growing cost of compliance in South Korea could push smaller crypto businesses out of the country. Read MoreCointelegraph.com News
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Bitcoin tackles $56K as Tesla ‘Elon candle’ hits days before record options expiry
Elon Musk is "astutely aware" of the impact of options expiry, Zhu Su claims as Tesla sparks an unlikely uptick after a week of losses. Read MoreCointelegraph.com News
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Hermez Network launches zk-rollups on Ethereum mainnet to process cheap payments
Hermez users will be able to transact with ETH, USDT, WBTC on a scalable layer-two network. Read MoreCointelegraph.com News
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Vitalik Buterin: NFTs can be a social good, not just a casino for rich celebrities
There's little social value in helping make Elon Musk another $1 million in the NFT market, but the technology can still be put to good use, says Ethereum's Vitalik Buterin.…
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Most asset managers still in ‘education mode’ on crypto, says Fidelity
Michael Derbin, head of Fidelity Institutional, says that while some wealth managers are by now “sophisticated” and “comfortable” with crypto, many others are still playing catch up. Read MoreCointelegraph.com News
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Nigerian fintech of the unbanked Bankly raises $2M led by Vault and Flutterwave
Nigeria remains a largely cash-dominated country. There are over 100 million adult Nigerians, of which more than half have little or no access to financial services. Today, Bankly, a Nigerian…
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Feedzai raises $200M at a $1B+ valuation for AI tools to fight financial fraud
On the heels of Jumio announcing a $150 million injection this week to continue building out its AI-based ID verification and anti-money laundering platform, another startup in the space is…
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Lime launches app-less rides and no fee reservations to get more people riding
Lime is rolling out several new features, including the ability to rent electric scooters without downloading the app, in an effort to attract more riders. The micromobility company announced Wednesday…
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Indonesian social commerce app KitaBeli gets $10M led by Go Ventures
Indonesian social commerce app KitaBeli’s team, including founders Prateek Chaturvedi (seated, left front row and Ivana Medea Tjandra (center front row) KitaBeli, an Indonesian social commerce app for group buying,…
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Tesla confirms Bitcoin hodl strategy as new report says BTC should ‘comfortably’ hit $100K
Analysts at Decentrader point to encouraging hodler behavior that suggests that BTC/USD is far from its cycle top at $56,000. Read MoreCointelegraph.com News