Coinbase finds over '20 examples' of FDIC telling banks to avoid crypto

Recent days have seen new players emerge in the race for artificial intelligence, with business giants announcing AI initiatives. 710 Total views 4 Total shares Own this piece of history Collect this article as an NFTThe artificial intelligence (AI) global race has taken on new players in the past days, with Twitter and Alibaba reportedly…

Major brands like Gucci are mulling whether to create nonfungible tokens based on their wares. 951 Total views 11 Total shares Fashion giants may be the next globally recognized brands to enter the expanding NFT metaverse.According to Vogue Business, several premium fashion houses are moving closer to releasing their own nonfungible tokens.The move follows the…

The Bank of France has taken an interest in stablecoins, as indicated by the bank’s governor Francois Villeroy de Galhau in a Bloomberg report on May 14 .Villeroy has said that the bank is “observing with great interest” growing networks that allow members to exchange stablecoins for tokenized securities, goods, and services. He makes a…

The International Monetary Fund (IMF) has argued that network effects could spark the blaze for the mass adoption of new digital monies.In a fresh report published on July 15, the IMF aims to create a conceptual framework for categorizing new digital monies such as Facebook’s Libra and stablecoins as well to think through the implications…

It was Doge day afternoon all over again on Wednesday as Dogecoin (DOGE) continued its assault on the cryptocurrency market cap rankings. The meme coin overtook XRP (XRP) to become the fourth-largest cryptocurrency by implied market capitalization, after climbing to a per coin valuation of $0.69 — a target that was specifically set by traders…

The number of wallets holding between 1,000 and 10,000 bitcoin (BTC) has seen a sharp increase since the crypto market bottomed this winter, indicating significant accumulation during the price dip. The analysis was published in a new report from weekly crypto outlet Diar on May 28.Diar’s analysis begins by comparing bitcoin’s distribution landscape today with…

As a Millennial who remembers the world before digital devices and the internet were everywhere, Sarah Zucker — aka The Sarah Show — is fascinated by the accelerated transition society at large is going through. “I feel as a Millennial that I’m part of this generational cohort that’s in this very unusual experience of having…

Referring to Bitcoin as a commodity seems to show a maturing view of the asset. 164 Total views 2 Total shares Multiple JPMorgan Chase experts analyzed Bitcoin’s current price when compared to other commodities, and noted that the asset could see selling pressure ahead. “The JPMorgan strategists said they calculated an intrinsic value by effectively treating…