BBVA Can’t Hold Cryptocurrency – And That’s a Problem
The bank wants to use ethereum as a notary, but regulators discourage holding even the tiny bit of ether needed to put data on the public blockchain.
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Justin Sun Bets on Memecoins With Tron-Based Token Generator
Sun.io, the DeFi platform associated with Tron founder Justin Sun, has released a token generator dubbed SunPump. The new platform will rival Solana's pump.fun token generator. $10 million has been set aside to provide resources to newly issued tokens and a review process put in place to avoid rug pulls. 06:07 Crypto Hopefuls Seek Value

Audius, the ‘Decentralized Spotify,’ Is Moving Part of Its Service to Solana Blockchain
Oct 29, 2020 at 17:08 UTCUpdated Oct 29, 2020 at 17:21 UTC(Brandon Erlinger Ford / Unsplash)Audius, the ‘Decentralized Spotify,’ Is Moving Part of Its Service to Solana BlockchainDecentralized music app Audius announced Thursday that it will migrate its content management system over to Solana’s high-speed blockchain from an Ethereum sidechain operated by the POA Network…

Connecticut Lawmakers Seek to Legalize Blockchain Smart Contracts
news The U.S. state of Connecticut could soon legalize the use of blockchain smart contracts in business. The Commerce Committee of the Connecticut General Assembly filed house bill 7310 on Friday, proposing that blockchain smart contracts should be authorized for commerce in the state. According to the bill: “No contract relating to a transaction shall…

A New Bill Proposes to Put US Crypto Exchanges Under a National Framework
Sep 24, 2020 at 16:00 UTCUpdated Sep 24, 2020 at 16:28 UTCU.S. Rep. Mike Conaway is introducing a bill that would bring digital assets and crypto exchanges under a single federal umbrella overseen by the CFTC. (Alex Edelman/Getty Images)A New Bill Proposes to Put US Crypto Exchanges Under a National FrameworkA new bill could bring…

Bitcoin Dominance Weakens as Altcoins Rally
Bitcoin, the world’s largest cryptocurrency by market value, was little changed between $60,000 and $63,000 Friday before release of the U.S. jobs report. The price is also little changed over the week, while altcoins and gaming tokens have seen significant gains.Solana’s SOL token has rallied 21% this week, breaking through its all-time high on Thursday.…

Ohio Eyes Potential Blockchain Benefits in Real Estate Transactions
news A group of county auditors in the U.S. state of Ohio has launched a study of the benefits blockchain tech might bring to property transactions. The County Auditors’ Association of Ohio (CAAO) announced Wednesday that it has formed a working group to determine how blockchain tech can be implemented at the county level to “more…

Tetragon Sues Ripple to Force Stock Redemption
Jan 5, 2021 at 6:46 p.m. UTC(Shutterstock/Svetlana123)Tetragon Sues Ripple to Force Stock RedemptionOne of Ripple Labs’ big financial backers is looking to reverse its bet on the XRP issuer.Tetragon Financial Group LTD, the multi-billion asset manager-turned-plaintiff, had led Ripple’s $200 million funding round in December 2019. On Monday night the U.K.-based firm moved to exit…

Binance CEO Richard Teng Sees Bitcoin Crossing $80K by Year End
Teng expects family offices and endowment funds to increase their investment in bitcoin ETFs.Standard Chartered also raised their year-end bitcoin price target to $150,000.Binance’s new boss, Richard Teng, expects bitcoin (BTC) to blow past the $80,000 mark by the end of this year, according to Bloomberg.Teng said, "with supply reducing and demand continuing to come