Bitcoin nears 1M daily active addresses as price chases $100K
The growing network activity is a promising sign for Bitcoin’s battle toward the historic $100,000 mark, which was just $200 away on Nov. 22.
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Vitalik Proposes Solution to ‘Embarrassing’ Lack of Bitcoin–Ethereum Bridge
Ethereum co-founder Vitalik Buterin posted a tweet on March 24 claiming that the continuing lack of easy movement between the Ethereum and Bitcoin networks was embarrassing.As a solution, he proposed putting resources into building a decentralized exchange (DEX), to act as a trustless bridge between the two.DEX should be trustless, serverless and Uniswap-likeButerin’s plan calls…
Law Decoded: Joe Biden’s executive order is finally upon us, and it doesn’t look too dreadful, March 7–14.
The long-anticipated presidential directive drops, EU votes on PoW ban, South Korea gets a pro-crypto president. 523 Total views 3 Total shares As Russia’s self-styled “special operation” against Ukraine continues, crippling economic sanctions remain the Western powers’ primary weapon to counter Russia’s military actions without triggering an even more dramatic escalation. As NATO and allies’…
Ether price hits 2-month high against Bitcoin as BTC price tests $69K
Bitcoin is flagging versus Ethereum ahead of the ETF decision, but one target sees $80,000 BTC price emerging from a green light to launch.
Bitcoin holds $28K due to spot buying, but institutional investors are still selling
Bitcoin’s (BTC) price broke above the February 2023 highs of $25,200 after U.S. inflation data was in consensus with the market expectation. The potential fallout of the global banking system further promoted Bitcoin investment as a non-correlated global hedging instrument similar to gold in March. The correlation between gold and BTC has been rising since…
South Korean central bank charts out future course of payment systems, CBDC
The BOK 2022 Payment and Settlement Systems Report is a forward-looking document with ambitious plans for financial technology in the country. 254 Total views 3 Total shares The South Korean central bank (BOK) has published its 2022 Payment and Settlement Systems Report. Oversight of the systems was carried out successfully, the report said, and it…
Libra picks former HSBC brass as CFO
The G7's recent rejection of Libra doesn’t seem to have slowed them down. 1711 Total views 16 Total shares The Libra Association, which oversees the as-yet unreleased Libra cryptocurrency, has chosen a chief financial officer and chief risk officer for the project. Ian Jenkins, who touts experience from HSBC, Santander, and Credit Suisse, will supervise the…
Korean crypto investment company launches $100 million fund for blockchain projects
South Korea’s Hashed has established a new fund to finance emerging blockchain startups 642 Total views 4 Total shares Hashed, one of South Korea’s largest crypto asset fund managers, has raised 120 billion won ($110 million) to fund new blockchain ventures in the so-called “protocol economy.”The funds were raised via Hashed Ventures Inc., a new…
OECD releases framework to combat international tax evasion using digital assets
The OECD said it planned to present the Crypto-Asset Reporting Framework to a meeting of G20 finance ministers and central bank governors on Oct. 12-13. 115 Total views 2 Total shares