Blockchain-powered audits with community in mind: Hats Finance joins Cointelegraph Accelerator

On Aug. 1 a significant event occurred within the financial world: Fitch, a reputable credit rating agency, demoted the credit rating of the U.S. government from the pristine AAA to AA+. This downgrade signaled diminished confidence in the U.S. government's ability to handle its fiscal responsibilities effectively.The downgrade nudged investors into a cautious stance, leading…

CEO of the world’s largest exchange-traded fund provider BlackRock claimed that he does not consider Facebook’s Libra a cryptocurrency.The need to democratize foreign currency exchangeIn an interview with CNBC’s Squawk Box on July 19, BlackRock’s Larry Fink emphasized that there is a huge need to democratize the exchange of foreign currencies in cross-border transactions and to…

Registered cryptocurrency exchanges in Ontario, Canada cannot list USDT due to regulatory prohibition. 89 Total views 1 Total shares Own this piece of history Collect this article as an NFTAccording to user reports on Jan 10, cryptocurrency exchange Crypto.com plans to delist Tether (USDT) for Canadian users effective Jan 31, 2023. According to the firm,…

The country emphasizes the necessity of dealing with the risks of digital assets in developing economies. India, which currently holds the Group of Twenty (G20) presidency, has supported the Financial Stability Board’s (FSB) recommendations for a global crypto framework published in July. The country also emphasized the necessity of dealing with the risks of digital…

Data released hours after the Merge prompted concerns about the alleged centralization of PoS. 966 Total views 14 Total shares Analysis from Santiment indicates that 46.15% of Ethereum’s PoS nodes are controlled by only 2 addresses.Hours after the Merge, the first address has validated about 188 blocks or 28.97% of the nodes, and the second…

On October 18, the U.S. Securities and Exchange Commission (SEC) announced the launch of the agency’s Strategic Hub for Innovation and Financial Technology (FinHub). The new arm of the regulator will be focused on fintech-related fields, including, specifically, distributed ledger technology (DLT) and digital assets.What made the SEC create FinHub?The SEC, being an independent federal…

Cryptocurrency analytics firm Coin Metrics has closed a Series A funding round worth $6 million.In a blog post on March 26, Coin Metrics said the round was led by Highland Capital Partners and the $6 million investment would be used to grow the firm’s team, expand their product offerings and “provide enhanced coverage of digital…

Bitcoin traders are increasingly focusing on altcoins as BTC price action cools following the week’s vertical upside. 582 Total views 26 Total shares Bitcoin (BTC) tapped $44,000 after the Dec. 8 Wall Street open as United States employment data shrunk market bets on interest rate cuts.BTC/USD 1-hour chart. Source: TradingViewBitcoin holds firm as jobs data

Crypto enthusiasts have lauded Joe Biden’s latest social media post for its so-called accidental endorsement of Bitcoin. 1296 Total views 9 Total shares United States President Joe Biden may have inadvertently become Bitcoin’s latest brand ambassador in a new "cringe" video advertising merchandise for his reelection campaign.On Aug. 3, President Biden tweeted: “A cup of…