Coinbase launches 'cbBTC' wrapped Bitcoin digital asset

Balaji Srinivasan has offered $1000 in Bitcoin to the first Twitter user who can get Vox’s technology news website Recode to retract a story about Silicon Valley’s ‘overreaction’ to COVID-19 in February.The former CTO of Coinbase made the offer on Twitter today. He specifically targeted Kara Swisher, the co-founder and editor-at-large of Recode.Srinivasan says he…

Fed governor Randal Quarles resigned his position effective as of the end of December, while Richard Clarida is expected to leave in January 2022, leaving three vacancies in the group of seven serving at the Federal Reserve. 570 Total views 25 Total shares The White House has reportedly begun interviews with possible candidates to fill…

Binance has acquired virtual real estate property on the leading blockchain gaming platform The Sandbox. The cryptocurrency giant Binance has acquired virtual space within the blockchain gaming platform The Sandbox by buying 4,012 LAND tokens — each of which is a non-fungible token representing a piece of unique virtual real estate in The Sandbox metaverse.The…

Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.

As a development bank for El Salvador, BANDESAL created a $150 million trust fund to guarantee the convertibility to dollars for citizens and merchants. 527 Total views 6 Total shares Ever since El Salvador legalized Bitcoin (BTC) as mainstream tender, President Nayib Bukele used Twitter on numerous occasions to announce the country’s BTC acquisitions. However,…

Digital asset sporting project Chiliz has announced the launch of the Scoville testnet for the newly-established layer-1 blockchain network Chiliz Chain 2.0, also known as CC2.CC2 will seek to advance the Web3 capabilities of high-profile sporting and entertainment firms to create nonfungible token (NFT) and fan tokens, construct decentralized finance (DeFi) applications and play-to-earn (P2E) games,…

The rapid implosion of FTX has led general investors and crypto believers alike to question the validity of crypto and, indeed, predict its end. But, an understanding of history points not to crypto’s demise but rather a move toward new technology and growth. Financial markets move, as Willie Nelson once said, in phases and stages, circles…

Individually identifiable digital representations of blockchain-based tangible or intangible objects called nonfungible tokens (NFTs) are not typically divided into smaller parts. Instead, structured metadata related to actual or virtual things is represented by NFTs. Often, the tokens are not connected to the objects and serve as distinct identifiers, advancing the interoperable commercialization of the physical…

The Winklevoss twins’ crypto exchange and custody Gemini is expanding to Australia, enabling residents of the country to use its platform to buy, sell and store crypto.Australian residents can now download the Gemini mobile app on iOS or Android to trade major cryptocurrencies, according to a press release shared with Cointelegraph on Aug. 21.The list…