Coinbase leads crypto lobby surge with 3,475% spending jump since 2017
Crypto lobby spending in the US has surged by 1,386% since 2017, including a huge jump in the last two years.
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HSBC Exec at Money20/20: Blockchain, CBDCs Pose ‘Great Challenge’ to Interbank Settlement
A senior executive from U.K.-based bank HSBC has said that time-efficient distributed ledger technologies (DLT) and central bank digital currencies (CBDCs) represent a “great challenge” to existing real-time gross settlement (RTGS) systems, Cointelegraph learned at the Money20/20 conference Oct. 23.HSBC’s Global Innovation Lead for Global Liquidity & Cash Management, Craig Ramsey, made his remarks during…

Bitcoin liquidates over $1 billion as BTC price hits 6-week highs
The tally of "rekt" traders keeps mounting as Bitcoin revisits levels absent since September. 250 Total views 5 Total shares Bitcoin (BTC) saw its highest levels since mid-September on Oct. 26 as BTC/USD approached the pivotal $21,000 mark.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBears lose big as Bitcoin climbsData from Cointelegraph Markets Pro and TradingView…

Developer Activity Surrounding Eos, Tron, and Bitcoin Cash Plummets
A report published by blockchain and AI investment firm Outlier Ventures has found a decline in developer activity of roughly 20% on average across 12 leading blockchain and cryptocurrency projects.In Outlier Ventures’ Blockchain Developer Report for the second quarter of 2020, the firm notes that development fell by half for top markets Bitcoin Cash (BCH),…

Chainlink Partners with Chilliz to Automatically Mint Tokens for Teams Like FC Barcelona
Ethereum-based sports tokenization platform Chilliz (CHZ) has partnered with blockchain platform Chainlink to allow for real-time non-fungible token (NFT) creation.According to a Mar. 4 announcement from Chilliz, the platform plans to leverage Chainlink’s capacity to trigger the execution of smart contracts based on real-world data and events. This feature will allow the minting of NFTs…

Sony Electronics Singapore accepts USDC payments through Crypto.com
Sony Electronics Singapore partnered with Crypto.com to enable USDC payments, highlighting a growing trend of stablecoin adoption in the region. The online store of a Singapore-based subsidiary of Japanese tech behemoth Sony is now accepting USDC payments through Crypto.com. According to an April 2 announcement, Sony Electronics Singapore now accepts USDC (USDC) stablecoin payments through

French authorities to issue statement on Pavel Durov’s detention
It remains unclear if Durov has been officially arrested or charged.

Terraform Labs co-founder and nine others indicted in South Korea
The indictment of 10 individuals associated with Terraform Labs, including co-founder Hyun-seong Shin, comes after 11 months of investigation into the collapse of Terra. Own this piece of history Collect this article as an NFTThe financial crimes unit at the Seoul Southern District Prosecutors’ Office reportedly indicted Terraform Labs co-founder Shin Hyun-seong and nine other individuals…

Bitcoin down 20%+ from all-time highs — Is BTC price headed to $50K?
While the current correction remains in line with historical price corrections, Bitcoin could briefly fall to the $50,000 mark after losing the average ETF inflow mark of $59,000.