BIS, Bank of England unveil Project Pyxtrial for stablecoin monitoring

He stated that he does not “question the reliability and traceability of all blockchain technology,” but denounced crypto. 1064 Total views 11 Total shares French Finance Minister Bruno Le Maire, who once said Facebook’s Libra token would risk the "monetary sovereignty of states,” is continuing his criticism of cryptocurrencies.In an Oct. 19 tweet, Le Maire…

Thursday, Oct. 11: markets have taken a steep downturn, even as onlookers had lately been pointing to a period of stable price action in the crypto sphere. Virtually all of the top 100 cryptocurrencies are in the red, with several top-market altcoins losing double-digits in percentage value.Market visualization by Coin360Bitcoin (BTC) has shed 4 percent…

The U.S. dollar's ability to continue its rally in Q2 could prove fatal for Bitcoin (BTC), which has demonstrated inverse correlation with the dollar since January 2022.BTC/USD daily price chart featuring correlation with DXY. Source: TradingViewDollar paints "bull flag"The U.S. dollar index (DXY), which measures the greenback's strength against a basket of foreign currencies, reached…

Global consulting company Accenture has patented two solutions focused on blockchain interoperability, according to the data published by the United States Patent and Trademark Office (USPTO) on April 2.The first patent, filed August 2018, patents a method for cryptologic blockchain interoperability. As described in the technical section of the patent, participants can share the token…

This week’s Crypto Biz examines recent acquisitions in the crypto industry, Tether’s plans for a dirham stablecoin, and Polychain’s investment in the Bitcoin protocol Corn.

Bitcoin (BTC) stayed wedged in a tight range on June 4 as traders' demands for a new macro low persisted.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewLong-term holders begin 'distribution'Data from Cointelegraph Markets Pro and TradingView showed BTC/USD stuck between $29,000 and $30,000 into the weekend.The pair had managed a revival to near $31,000 the previous day,…

A day after Twitter implemented new restrictions on the number of posts users can view, the rival platform Mastodon reported a major increase in traffic numbers. A day following Twitter’s new limits on the number of posts users can see according to their verification status, a rival to the social media company called Mastodon reported…

The Ethereum ecosystem will continue its ongoing metamorphosis as the highly anticipated Shanghai upgrade draws near. The latest preeminent smart contract blockchain protocol improvement will activate Ether (ETH) withdrawals from Ethereum’s Beacon Chain.The Merge marked a significant milestone for the Ethereum network in 2022, with the blockchain platform shifting from proof-of-work to proof-of-stake consensus. That…

Ethereum token issuance will be greatly reduced with Ethereum 2.0 says Vitalik Buterin. 1916 Total views 52 Total shares Ethereum co-founder Vitalik Buterin said that issuance on the Ethereum 2.0 upgrade will be drastically reduced in a podcast interview with POV Crypto called “Internet Money”. Discussing some of the differences between Bitcoin (BTC) and Ethereum…