Coinbase Resumes Bitcoin Buying and Selling in Wyoming
Three years since Coinbase pulled out from Wyoming, it is now returning to the Cowboy State after renewing its money transmitter license.
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Ethereum Staking Needs Its (Honest) LIBOR
Christopher R. Perkins serves as managing partner and president of CoinFund, a registered investment adviser with venture and liquid strategies.In any industry, standardization drives scale. Ethereum’s transition last year to proof of stake (PoS) unlocked an exciting opportunity to create a benchmark that tracks staking yields, which could serve as the basis for financial products…
Digital Travel Firm Webjet Has Launched Its Booking Verification Blockchain
news Digital travel agent Webjet has launched its long-in-development blockchain-based platform in a bid to remove disparities in hotel booking data. Working in conjunction with Microsoft through the firm’s Azure blockchain-as-a-service sandbox since 2016, Webjet said Thursday the new Rezchain application will address hotel reservation snafus and overcharges by looking for data mismatches in real-time between…
What Is DeFi?
DeFi is short for “decentralized finance,” an umbrella term for a variety of financial applications in cryptocurrency or blockchain geared toward disrupting financial intermediaries. DeFi draws inspiration from blockchain, the technology behind the digital currency bitcoin, which allows several entities to hold a copy of a history of transactions, meaning it isn’t controlled by a…
Blockchain Startup Havven to Launch Stablecoin on EOS This Year
The EOS blockchain may soon see what appears to be the first stablecoin on its platform if a startup's plan comes to fruition.
Former FTX Exec Ryan Salame Asks for Lenient 18 Months in Prison
Attorneys for former FTX executive Ryan Salame are asking for 18 months in prison, citing his cooperation with authorities and remorse.They argue that Salame wasn’t involved in the core fraud perpetrated by Bankman-Fried’s inner circle.Attorneys for Ryan Salame, a former FTX executive who pled guilty to election fraud charges in September, are asking the court
Worldcoin’s WLD Slides as Elon Musk Sues OpenAI
Worldcoin’s WLD token slid in European morning hours on Friday after a report of a lawsuit against related company OpenAI emerged.WLD dropped 2.2% in an hour as Reuters reported technology investor Elon Musk had sued OpenAI and CEO Sam Altman for breach of contract, as per a Thursday filing. Musk accused them of breaching contractual
Binance Rolls Out Its First Ever Self-Custody Web3 Wallet
Cryptocurrency exchange Binance has released a Web3 wallet that can be used to interact with the decentralized finance (DeFi) ecosystem.The new product, which will work across 30 blockchain networks, was announced at the Binance Blockchain Week conference in Istanbul."Web3 wallets represent more than just storing digital assets; they are an integral part of the Web3
Bitcoin Falls After U.S. Sends $240M Worth of Silk Road-Related BTC to Coinbase
Bitcoin (BTC) fell back towards $60,000 on Wednesday, after a wallet tagged to the U.S. Government moved about $240 million worth of seized BTC to a Coinbase Prime address, igniting concerns among traders that the digital assets will likely to be sold. Some 3,940 bitcoin originally seized from a Silk Road vendor was moved by