fintech

Ripple Market Cap Is On The Rise

FRNT Financial

December 3, 2021

Last December, the SEC announced charges against Ripple and its executives for ‘conducting a $1.3 billion unregistered securities offering’ via the sale of XRP. Since the charges, the token added roughly $35 billion to its market cap.

Officials Call For EU-Wide Ban On Proof Of Work Mining

FRNT Financial

November 19, 2021

Norwegian and Swedish officials have expressed support for banning BTC mining due to the activity’s perceived environmental cost.

Boba Network To Airdrop Token To OMG Token Holders

FRNT Financial

November 12, 2021

Over the past several weeks, OMG, the native token of the OMG network, has experienced steep backwardation in its futures curve. A basis trade, however, was inaccessible due to certain market dynamics.

Cboe Global Markets To Acquire ErisX

FRNT Financial

October 22, 2021

Cboe Global Markets is acquiring crypto spot and derivatives platform ErisX. Ownership of ErisX provides Cboe with entry to digital asset spot and derivatives markets, including clearing and settlement.

BTC Mining Companies Operational Updates

FRNT Financial

October 8, 2021

Crypto remains relatively unchanged this morning. BTC has outperformed in the Top 10 over the past seven days and is up 16% over the period.

When Is A Digital Asset A Security?

FRNT Financial

September 28, 2021

Last week, SEC Chairman Gary Gensler told crypto news outlet The Block that staking via third parties may qualify as a securities contract. The comments may challenge key concepts related to Ethereum’s PoS system.

Twitter Rolls Out Tipping Feature Via BTC's Layer 2 Lightning Network

FRNT Financial

September 24, 2021

Twitter has launched a tipping feature via BTC’s layer 2 Lightning Network (LN). The network has more than doubled the amount of BTC deployed on it since the start of the year.

Goldman Sachs Has Participated In $41 Million Raise By A Crypto Fund Manager

FRNT Financial

September 22, 2021

Goldman Sachs has participated in a USD 41 million raise by crypto fund manager One River Digital Asset Management. We review the bank’s involvement in crypto to date.

Gensler's Comments May Challenge Ethereum's Proof-Of-Stake System

FRNT Financial

September 21, 2021

Last week, SEC Chairman Gary Gensler told crypto news outlet The Block that staking via third parties may qualify as a securities contract. The comments may challenge key concepts related to Ethereum’s PoS system.

U.S. Treasury Officials Identify Their Most Urgent Risks Posed By Stablecoins

FRNT Financial

September 17, 2021

Officials are also said to be readying a “policy framework” for stablecoins, due to be released in the coming weeks.