Aave DAO considers exiting on Polygon after proposed bridge
Aave founder Marc Zeller has proposed new risk parameters on Polygon in response to plans to farm over $1 billion in stablecoin reserves.
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Utah House committee passes bill for state to buy crypto
The bill now needs to pass by majority vote in Utah’s House and Senate before being approved by state governor Spencer Cox, who appears to be pro-crypto.

Uber Angel Investor: ‘99% of Crypto Projects Are Garbage’
Jason Calacanis, an angel investor of Robinhood and Uber, says nearly all crypto projects are run by ‘delusional’ founders or idiots. Prominent angel investor and internet entrepreneur Jason Calacanis says 99% of altcoin projects are “gabage” run by unqualified individuals, but holds out hope for the 1% with the power to change the world. According to…

Bitcoin derivatives show a lack of confidence from bulls
Bitcoin (BTC) has been trending up since mid-July, although the current ascending channel formation holds $21,100 support. This pattern has been holding for 45 days and could potentially drive BTC towards $26,000 by late August.Bitcoin/USD 12-hour price. Source: TradingViewAccording to Bitcoin derivatives data, investors are pricing higher odds of a downturn, but recent improvements in…

BIS advises central banks to plan in advance for CBDC security
From legal issues to hackers, launching a CBDC is fraught with risks, and BIS has a big list of them to consider. 120 Total views 1 Total shares Issuance of a central bank digital currency (CBDC) requires adequate attention to security, the Bank for International Settlements (BIS) reminded central bankers in a report on Nov.

‘The Quantum Apocalypse is coming’ — decoding Meta’s weird warning
The biggest threat posed by quantum computers may be impossible to defend against.

Bitcoin Falls Towards $3,550 as Top Cryptos See Moderate to Major Losses
Sunday, Jan. 20 — all the top 20 cryptocurrencies are seeing moderate to major losses in the 24 hours to press time. Bitcoin’s (BTC) price is nearing $3,550 again, according to Coin360 data.Market visualization from Coin360At press time, Bitcoin is down over 4 percent on the day, trading at around $3,587. Looking at its weekly…

Bitcoin and Ethereum hit resistance with $42.5K flip needed for BTC longs
One analyst says he is “not interested at all” in trading current levels as clear long-term resistance stays in play for both cryptocurrencies. 1592 Total views 119 Total shares Bitcoin (BTC) and Ether (ETH) are due for a “huge” move, but short-term signals suggest a correction, an analyst warned on Friday.BTC/USD 1-hour candle chart (Bitstamp).…

Crypto, like railways, is among the world’s top innovations of the millennium
You are about to read a half-fiction witty story based on Stuart Hylton’s review of “the making of Modern Britain” and my interpretation of the blockchain’s impact on today’s world. I found it fascinating how the description of the industrial age front-runner technology resembled the awe and fear of blockchain in modern times. Some quotes…