Chain abstraction explained: What it is and the problems it solves

In its recent blockchain in banking report, Business Insider Intelligence indicated that financial institutions have mostly deployed the tech to improve payments, securities settlement, fraud detection security and trade finance.Published on March 19, the report analyzed a number of financial and tech organizations worldwide, including Australia and New Zealand Banking Group, Bank of America, Citi…

The United States Securities and Exchange Commission “is serious about the destruction of digital assets,” according to cryptocurrency exchange Coinbase.

RMB stablecoin team allegedly arrested On May 31, local news outlet PANewsLab reported that the developers for the offshore Chinese RMB and Hong Kong dollar stablecoin issuer CNHC had allegedly lost contact or had been taken away by law enforcement officials. A photo shows what appears to be an empty office building at CNHC’s Shanghai…

Since topping out at $19,484, Bitcoin price has struggled to reclaim the $17,000–$18,000 level. As the price continues to decline, traders are targeting key underlying support levels to determine where traders will buy if Bitcoin (BTC) price continues to fall. The immediate support levels based on whale clusters are $16,694, $16,411 and $16,064. Below the…

Multiple US federal agencies have come together to distribute an infographic on crypto pig butchering to help Americans recognize and avoid the scam.

In an exclusive interview with Cointelegraph, Alluvial chief product officer Matt Leisinger discusses the impact of liquid staking on the crypto ecosystem. 112 Total views 1 Total shares Own this piece of history Collect this article as an NFTIn episode 18 of Cointelegraph’s Hashing It Out podcast, Elisha Owusu Akyaw sits down with Matt Leisinger,…

The Binance.US head of legal and the exchange’s chief risk officer have reportedly left the company while it faces an SEC suit. 195 Total views 3 Total shares Two more top executives are leaving Binance.US, one day after the departure of CEO Brian Shroder and the layoff of a third of its staff, The Wall

BTC inflows to major exchanges have declined by almost two-thirds since November, a trend giving analysts hope that a bullish market may be around the corner. 296 Total views 1 Total shares Bitcoin (BTC) faces a new “consolidation zone” as exchange inflows tag multiyear lows, new analysis says. In an April 1 post on X

Bitcoin would be a more popular safe haven than the U.S. dollar, the Japanese yen or the Swiss franc, according to a new survey. 1108 Total views 3 Total shares Major cryptocurrency Bitcoin (BTC) could become a top three asset in the event of a theoretical debt default in the United States, according to a…