Alex Mashinsky to plead guilty to two charges in plea deal
US authorities charged the former Celsius CEO with seven felony counts related to fraud and misleading users after reaching a “non-prosecution agreement” with the company in 2023.
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‘Libra Will Never See The Light Of Day’: Monetary Historian
Economic historian Barry Eichengreen believes that stablecoins are either too fragile, or too expensive, to emerge as a dominant monetary form. 491 Total views 12 Total shares UC Berkeley professor Barry Eichengreen argues that Facebook’s planned Libra stablecoin faces too many “insoluble” problems, and too much resistance from governments, to ever launch.“Libra is an interesting…

Play-to-earn is the ‘biggest superpower’ of Web3 gaming: Pixels CEO
Pixels CEO Luke Barwikowski explains that, unlike Web2 gaming companies that spend heavily on advertising, Web3 games can focus on directly rewarding players.

Ethereum set to become first blockchain to settle $1 trillion in one year
The Ethereum network is processing more than double the transaction volume of Bitcoin, and is on-course to process $1 trillion this year. 495 Total views 2 Total shares The third-quarter decentralized finance (DeFi) boom has resulted in the Ethereum (ETH) network processing more than twice the daily transaction volume of Bitcoin (BTC).According to crypto market…

Robinhood Lists Ethereum Classic, the Crypto Trading Service Is Currently Available in 19 States
Robinhood commission-free crypto trading app has recently listed Ethereum Classic (ETC), according to an official announcement Monday, Aug. 6. In its recent blog post, the company clarified that Robinhood customers can also invest in Bitcoin (BTC), Ethereum (ETH), Bitcoin Cash (BCH), Litecoin (LTC), and Dogecoin (DOGE), as well as monitor market data for ten other…

U.S. Air Force Grad School Issues ‘Blockchain for Supply Chain’ Primer
The graduate school for the U.S. Air Force has developed a educational tool on blockchain for supply chain management, U.S. business journal Modern Materials Handling (MMH) reported Dec. 3.The move comes in the form of a live application, together with a set of tutorial videos to educate defense professionals, released by the U.S. Air Force…

Nifty News: Porsche enters NFT sector, Mark Cuban keeps investing, and Chainlink-powered NFTs
Porsche unveils NFT subsidiary German sports car giant Porsche has drifted into the nonfungible token (NFT) market, with a June 14 announcement revealing the launch of an NFT collectible startup dubbed Fanzone. However, the car manufacturer will not be looking to tokenize its luxury vehicles at this stage, instead opting to focus on soccer-themed NFT…

Stablecoins pose lower risk than bank deposits, says ex-Fed policy analyst
Stablecoins cannot be compared to bank deposits in terms of risk, nor can they be compared to money market funds, argues a new policy paper released by Paradigm. 303 Total views 5 Total shares Stablecoins cannot be compared to bank deposits in terms of risk, argues a new policy paper authored by former Federal Reserve…

Barstool Sports Founder Holds to 2017 Stance on Bitcoin
Barstool Sports founder Dave Portnoy said he still sees Bitcoin the same as he did in 2017. 1012 Total views 42 Total shares Barstool Sports' millionaire founder, Dave Portnoy, recently re-tweeted his 2017 video on Bitcoin, saying his view on the asset has not changed. "For everybody trying to get me in the Bitcoin game, I…