Centralized stablecoins may pose risk to DeFi — Curve Finance founder

Even if unlocking events were able to directly spark Bitcoin sell-offs, the worst is easily over, data shows. 1229 Total views 7 Total shares Bitcoin (BTC) is rebounding despite the ongoing Grayscale Bitcoin Trust (GBTC) unlocking events — and most shares are already released.According to data from tracking resource Bybt, the remaining unlockings combined involve…

The economist's remarks come as nations around the world consider how to control cryptocurrencies. 546 Total views 28 Total shares Gita Gopinath, the chief economist of the International Monetary Fund (IMF), has called for a global policy to be put in place that will regulate cryptocurrency, instead of banning it.Pitching for a global policy, Gopinath,…

Clayton emphasized that regulatory agencies should introduce regulations and legal cases they believe will successfully withstand judicial scrutiny. 2433 Total views 3 Total shares Ripple CEO Brad Garlinghouse strongly criticized former United States Securities and Exchange Commission (SEC) Chair Jay Clayton’s remarks regarding the agency’s regulatory approach. Since the first quarter of 2023, the SEC

All private AXA customers now have the option to pay insurance premiums for any non-life insurance products in Bitcoin. 5651 Total views 35 Total shares Europe’s second-largest insurance firm, AXA, has become Switzerland’s first all-line insurer to offer its customers the option to pay their bills with Bitcoin (BTC), facilitated through a collaboration with the…

U.S. telecommunications giant AT&T has announced the creation of a suite of blockchain solutions designed to work with tech from IBM and Microsoft, according to AT&T’s September 26 press release.AT&T’s blockchain solutions — which will work with the IBM Blockchain Platform for data recording and Microsoft Azure’s blockchain technology — aim to “bring additional transparency…

New issuances of stablecoin Tether (USDT) are not currently affecting the prices of either major cryptocurrencies or smaller altcoins, Bloomberg reports August 24. In the article, Bloomberg noted that the allegations that Tether has been used to manipulate or stabilize the price of Bitcoin (BTC) — previously put forward in a paper from the University…

A paper published in the science journal Nature says the AI developed by DeepMind underwent training using data sourced from the Materials Project, an international research consortium established at the Lawrence Berkeley National Laboratory in 2011. 215 Total views 2 Total shares Google DeepMind artificial intelligence (AI) has predicted the structure of over two million novel

Earlier this week, new draft legislation on stablecoins came to light aimed at “endogenously collateralized stablecoins.” 330 Total views 19 Total shares There is a small chance the U.S. House of Representatives could pass the bill to regulate stablecoins by year-end, though it's more likely it will pass in the first quarter of 2023, says…

Bitcoin has already consumed more power in 2021 than it did in all of 2020 according to a recent study. 1206 Total views 10 Total shares A new study suggests that Bitcoin has already used more power so far this year than it did in all of 2020. By the end of the year, the Bitcoin…