Bitcoin price dip below $90K driven by investors bracing for upcoming economic risks

Amid ongoing lawsuits surrounding controversial stablecoin Tether (USDT), the company’s CTO plans to detail the asset’s background at an upcoming conference. Bitfinex and Tether CTO Paolo Ardoino is slated to recount “the story of Tether’s inception and success” in a keynote speech at the CryptoCompare Digital Asset Summit in London on March 10, a statement from…

Ukraine’s former prime minister Yulia Tymoshenko, who is currently running a presidential campaign for the March 2019 elections, wants to tackle corruption using blockchain, according to a recent Facebook post from Sunday, Dec. 9.Tymoshenko dedicated her post to International Anti-Corruption Day, stating that modern Ukraine is immersed in “total corruption.” She further explained that her…

Widespread adoption of Web3 mayeventually become a reality but Trust Wallet CEO Eowyn Chen foresees three main barriers standing in the way of mass adoption.During the Australian Crypto Convention on Sept. 18, Chen outlined how security, ease of use, identity, and privacy were all vital aspects to address for growth in the Web3 industry. Chen…

The Dubai Department of Finance (DoF) has partnered with the Smart Dubai Office (SDO) to launch a blockchain-powered payment system. The news was reported on by a local news site Zawya, September 23.The new platform, called “Payment Reconciliation and Settlement,” was officially launched Sunday, September 23. It is reportedly geared towards government entities, such as…

The crypto custody arm of major United States-based cryptocurrency exchange Coinbase, Coinbase Custody, obtained two new security evaluations.According to a press release published on Feb. 12, Coinbase Custody was granted a Service Organization Control (SOC) 1 Type 2 and a SOC 2 Type 2 report by major accounting firm Grant Thornton.System Organization Control reportsIn obtaining…

Bitcoin (BTC) has seen record buying activity as BTC/USD returns to six-week highs.The latest data from on-chain analytics firm CryptoQuant shows more BTC leaving major exchange Binance in a single day than ever before.Binance finishes the day 55,000 BTC lighterDespite warnings that a macro bottom may not yet have occurred, Bitcoin investors have wasted no…

The new layer relies on Bundlr, a decentralized storage platform built on Arweave, for mass storage of social media data. 149 Total views 4 Total shares Own this piece of history Collect this article as an NFTThe team behind Lens, a Web3 social media protocol, has announced the launch of a new “layer 3” network…

One of the hottest cryptocurrencies in recent weeks has been Yearn.finance (YFI). The project fundamentals are food for thought, but its price is also a relatively new approach in the cryptocurrency markets, with YFI valued at over $30,000 per YFI, or three times the price of one BTC, albeit with a much smaller market cap. Nevertheless,…