Bipartisan bill for blockchain competitiveness passes US House

The Japanese transportation industry is leading the country’s long-standing efforts to go cashless. Earlier this month, two major players from the archipelago’s e-commerce and transport industries partnered up to simplify and promote payments that do not require hard cash.Homegrown e-commerce giant Rakuten plans to incorporate its services into Japan’s premier railway firm, the East Japan…

It’s been close to 10 years since Bitcoin came into existence, and in that time, major financial institutions have slowly come to grips with blockchain technology and cryptocurrencies. Some have taken to the industry quicker than others, and some have outright turned their backs on the thought of using or investing in cryptocurrencies. However, the…

Bitcoin’s (BTC) recent institutional investor-driven rally has steadily pushed its price to new all-time highs and while investors are intensely focused on BTC’s price action, a number of altcoins have also secured new multi-year highs.On. Feb. 10, the total crypto market capitalization hit a new high at $1.42 trillion less than a week after Tesla…

Proposal 064 seeks to repair the token distribution bug introduced during Proposal 062 once and for all. 199 Total views 14 Total shares Compound Finance announced the passing of Proposal 064 on Thursday, titled the "Fix COMP Accrual Bug." The proposal states that this update will attempt to “patch the bug introduced in Proposal 62…

In a previous article, I discussed the evolution of Web3 economies and current volatility, focusing on the participatory nature of Web3, which is the foundational technology enabling the creator economy. The term “metaverse” — meta and universe — often describes the anticipated future iteration or evolution of the internet powered by Web3 technologies like blockchain and…

Amid the COVID-19 slowdown, institution-facing liquidity aggregator FalconX has raised $17 million from top VCs in the crypto space. 911 Total views 23 Total shares Institution-facing liquidity aggregator, FalconX, has announced a $17 million fundraising round including participation from Coinbase Ventures, Accel, and a venture capital firm associated with FMR LLC — the parent company…

South Korea’s Shinhan Bank has invested in a crypto custody service backed by local crypto exchange Korbit. 1153 Total views 6 Total shares Shinhan Bank, the oldest banking institution in South Korea, continues its efforts to introduce digital asset custody services with a new investment.According to a Jan. 7 report by news agency Yonhap, Shinhan…

While Bitcoin's (BTC) price has slipped by more than 8.2% after rising to $42,230, the 43.5% rally included 10 consecutive days of gains. But despite BTC currently trading at around $39,700 as of Aug. 2, some analysts anticipate that it can rise by another 100%.Nunya Bizniz, an independent market analyst, posted the bullish setup on…

Bitcoin was created to give the average person a peer-to-peer economic system and a store of wealth asset that could provide financial autonomy and access to banking, especially for people living in places where financial services are sparse or non-existent.In the last five years, there have been a number of blockchain projects that aim to…