May 2023 | Page 90 of 211 | Last Cryptocurrency News Feed

U.S. Hearing Highlights Stablecoin Rift in Competing House Bills

U.S. lawmakers aren’t yet able to reach across the chasm between Republicans and Democrats’ very different ideas for how to oversee stablecoins, despite notes of hope from both sides evident in a Thursday hearing of the House Financial Services Committee’s digital assets panel.One of the fundamental divides is a stronger position for state regulators in…

Cointelegraph Feed

Blockchain developers launch $50M fund to increase Wormhole adoption

Wormhole is a cross-chain messaging protocol often used to transfer assets from one blockchain to another. 210 Total views 1 Total shares A $50 million fund has been launched to help startups that use the Wormhole cross-chain messaging protocol, according to a May 18 announcement. The new fund is being managed by venture capital fund…

Cointelegraph Feed

Former CFO indicted for diverting $35M to cryptocurrency venture

In the event of a conviction for wire fraud, Nevin Shetty could face up to 20 years in prison. 430 Total views 3 Total shares Nevin Shetty, a former chief financial officer (CFO) at a Seattle startup, was indicted on May 17 in the United States District Court in Seattle on charges of wire fraud. The indictment alleges…

Cryptocurrency News Feeds

More Crypto Firms Will Leave The US Due to Confusing Regulations: Ripple CEO

Brad Garlinghouse, the chief executive officer of blockchain company Ripple, believes more crypto firms and businesses will leave the United States due to confusing regulations in the country. During an interview with CNBC, the CEO said the confusion in the country would push crypto entrepreneurs and investments into other friendly regions like Europe, the United…

Bitcoin Magazine Feed

Cash App, Lighting Labs, Lightspark Executives Discuss Bringing Bitcoin Payments To The World

In a panel discussion at the Bitcoin 2023 conference moderated by CNBC technology reporter MacKenzie Sigalos, leaders from some of the biggest businesses building services based on the Lightning Network discussed the opportunities and challenges for Bitcoin’s payments-focused second layer protocol.The discussion, titled “Building Lightning-Native Companies,” featured Elizabeth Stark, the CEO of software development firm…

CoinDesk Feed

Climate Finance Firm Solid World Opens Forward Carbon Liquidity Pools With Polygon

Eliza Gkritsi is CoinDesk's crypto mining reporter based in Asia.Solid World takes a step towards financialization of carbon credits on the blockchain with the opening of the first forward carbon assets pool on an automated market maker, with Polygon's support, the company said today in a press release.In the liquidity pool, projects can essentially pre-sell…

CoinDesk Feed

Galaxy Executed Its First OTC Options Trade as Demand for On-Chain Options Ramps Up

Lyllah Ledesma is a CoinDesk Markets reporter currently based in Europe. She holds bitcoin, ether and small amounts of other crypto assets.Galaxy Digital’s first over-the-counter (OTC) option trade, executed earlier this week, marks a tangible step toward bringing the conventional financial system onto decentralized finance (DeFi) infrastructure.FTX’s blowup and the collapse of several crypto lenders…

CoinDesk Feed

Hector Network Fight Centers on Efficacy of DAO Governance

Danny is CoinDesk's Managing Editor for Data & Tokens. He owns BTC, ETH and SOL.Crypto’s “be your own bank” mantra has given rise to a new kind of company where investors are said to run the show. But can these so-called decentralized autonomous organizations (DAOs) beat out the centralized, professionalized, corporate status quo?That’s the question…

CoinDesk Feed

Expect Ripple Deal to Set Off Crypto Custodian M&A, Says Advisory Firm

Brandy covers crypto-related venture capital deals for CoinDesk. Blockchain firm Ripple announced on Wednesday its $250 million acquisition of Switzerland-based custodian Metaco. Crypto advisory firm Architect Partners expects further mergers and acquisitions in the custody industry due to several market factors, according to a new research note.Architect Partners first analyzed the Ripple-Metaco deal, writing that…

CoinDesk Feed

NFT Trading Volume on Track to Drop Below $1B, But Does That Metric Matter?

Rosie Perper is the Deputy Managing Editor for the Web3 news section, focusing on the metaverse, NFTs, DAOs and emerging technology like VR/AR. She has previously worked across breaking news, global finance, tech, culture and business. She holds a small amount of BTC and ETH and several NFTs.The non-fungible token (NFT) market is evolving, and…