Central banks favor legacy instant payment systems over CBDCs
TradFi looks safe on the international payments market for the foreseeable future, despite advances in blockchain solutions.
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Aave hits record $288 high as demand for flash loans and staking increases
Surging volume, demand for flash loans and a strong rally in DeFi tokens pushed AAVE price to a new all-time high today. 1562 Total views 20 Total shares Aave (AAVE) price has been on an absolute tear for weeks and today the DeFi-token rallied to a new all-time high at $288.90. The decentralized finance protocol is…
Australian regulator issues warning about unlicensed crypto businesses
Based on the reports from Aussie investors, ASIC said that citizens have suffered significant losses due to “excessive leverage, platform outages, or unfair liquidations.” 451 Total views 6 Total shares As crypto breaches mainstream finance, authorities have started issuing warnings to citizens against unregistered crypto businesses. Joining this list today is the Australian Securities and Investments…
BlackRock files S-1 form for spot Ether ETF with SEC
BlackRock filed a Form S-1 with the U.S. SEC a week after registering its iShares Ethereum Trust with Delaware’s Division of Corporations. 686 Total views 6 Total shares BlackRock, the world’s largest asset manager, officially filed for a spot Ether exchange-traded fund (ETF) with the United States Securities and Exchange Commission (SEC) on Nov. 15.The
Trust Wallet launches browser extension, integrates with Binance Pay
The new browser extension lets users store, send and receive crypto across all EVM chains and Solana. 723 Total views 5 Total shares Following the collapse of FTX and the bank run on crypto exchanges in general, self-custody Trust Wallet is gaining momentum. In one week, the company launched the long-anticipated browser extension and collaborated…
Inside the blockchain developers’ mind: Can EOS deliver a killer social DApp?
Cointelegraph is following the development of an entirely new blockchain from inception to mainnet and beyond through its series, Inside the Blockchain Developer’s Mind, written by Andrew Levine of Koinos Group.In my first article in this series, I explained why Ethereum and Steem haven’t been able to deliver a mainstream social decentralized application (DApp), despite…
Trump hosts Bitcoin mining executives at Florida residence
Executives from the U.S. Bitcoin mining industry pitched the presidential candidate on how they could strengthen the electrical grid and create new jobs.
BlockFi tops the Inc. 5000 list with almost 250,000% revenue growth in three years
The CeFi crypto lender faced a large fine spearheaded by the SEC this year and weathered the harsh crypto winter to come in as Inc. magazine’s No. 1 revenue gainer. 78 Total views 2 Total shares Inc. magazine has named BlockFi the fastest growing company in the United States in 2022. At the top of…
Biden calls to end $18B ‘crypto tax loopholes’ —community begs to differ
Reddit users speculated that the president might be referring to the IRS wash sale rule not being applied to crypto yet. United States President Joe Biden recently shared an infographic on Twitter, calling to end “tax loopholes" that allegedly help wealthy crypto investors. Members of the community responded to the tweet, questioning the figures shared…