Coinbase chief legal officer responds to cbBTC service terms fears
Coinbase’s cbBTC is backed at a 1:1 ratio with Bitcoin, which serves as the underlying asset for the tokenized BTC wrapper.
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Governance proposals and layer-two launches provide a boost to altcoins
Bullish sentiment is on the rise on Sept. 14 as the price of Bitcoin (BTC) climbed higher throughout the morning and now takes aim at the $47,000 level. The building momentum also had a positive effect on altcoins and a handful of tokens posted double-digit gains.Top 6 coins with the highest 24-hour price change. Source: Cointelegraph…

Twitter to allow users to add BTC and ETH addresses to profiles: Screenshots
While the news is unofficial at this stage, Twitter’s product lead Kayvon Beykpour hinted that there could be an announcement soon. 1127 Total views 19 Total shares Twitter appears to be developing functionality that enables users to add Bitcoin and Ethereum addresses to their profiles. The latest update is believed to be a part of…

Fed governor says CBDCs remain ‘a solution in search of a problem’
Chris Waller’s comments come after Jerome Powell said the Federal Reserve would be issuing a discussion paper on CBDCs. 96 Total views 2 Total shares Chris Waller, a member of the Board of Governors of the Federal Reserve System, seems to think it’s unnecessary for the U.S. government to develop a central bank digital currency.Speaking…

Cloud Giant Microsoft Azure Embraces Commercial Blockchain
Lition, a commercial blockchain, announced on Feb. 18 that Microsoft has officially brought Lition blockchain solution to its Azure cloud marketplace. This makes Lition one of the few public/private blockchains currently supported by a major cloud provider like Microsoft. Microsoft also became the first to bring blockchain to the cloud and continues to remain at the…

Stablecoins went wild in the days before Bitcoin’s recent surge
Retail investors are buying into Bitcoin, says CryptoQuant CEO. 1372 Total views 16 Total shares In the days preceding Bitcoin’s latest rise in price, stablecoins went wild, exhibiting some largely unprecedented behavior.Stablecoins: all stablecoins inflow transaction and address count of all exchanges. Source: CryptoQuant.On October 18, stablecoins moving to exchanges reached record highs of 60,000…

BitCulture: Fine art on Solana, AI music, podcast + book reviews
BitCulture explores arts, culture, music and media in blockchain and Web3. Fine art on the blockchain Exchange.art head curator Haley Karren came to Web3 from some of the world’s leading art institutions and says that working with 14,000 artists on Solana’s fine art marketplace has broadened her tastes. Exchange.art head curator Haley Karren (Supplied) “I have…

As Malta Delays Regulatory Clarity, Fewer Firms Remain on ‘Blockchain Island’
It seems that Malta is becoming both less popular among and less populated with crypto firms. The European Union country attracted dozens of industry players in 2018 on the back of the “blockchain island” agenda championed by the local government, but the relevant framework has not yet proven to be effective. Meanwhile, the official rhetoric…

US authorities seize $31M of crypto tied to 2021 Uranium Finance hack
US officials have seized $31 million worth of crypto linked to a 2021 hack of Uranium Finance, a now-defunct DeFi platform on BNB Chain.