Coinbase wrapped Bitcoin deploys on Solana, aimed at growing DeFi market
The deployment will allow users to utilize Bitcoin in Solana’s burgeoning DeFi ecosystem, according to Coinbase.
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Judge denies final pre-trial request from Sam Bankman-Fried for temporary release
The federal judge overseeing Sam Bankman-Fried's fraud case reportedly suggested the former FTX CEO might be a flight risk, given his young age and potential prison time. 353 Total views 2 Total shares Former FTX CEO Sam Bankman-Fried (SBF) will remain in jail at least until the start of his Oct. 3 criminal trial following
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Nodes are going to dethrone tech giants — from Apple to Google
While highly regarded even at the time of its writing, Marc Andreessen’s 2011 landmark essay, “Why Software Is Eating the World,” has proven even more prophetic than it seemed at the time. At the dawn of a decade when software would prove invaluable to nearly every aspect of modern life, Andreessen argued that every company…
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ECB Official: Stablecoins Pose Risks to Public Policy Priorities
A board member of the European Central Bank (ECB) has argued that stablecoins like Facebook’s long-awaited Libra coin pose risks to public policy priorities.ECB board member Benoit Coeure delivered his comments on stablecoins’ regulatory issues at a meeting at the Bank of International Settlements (BIS) in Basel, Switzerland, Reuters reported on Sept. 16. Coeure specifically…
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Startup Brings Blockchain Functionality to Steam Gaming Platform
The Pavillion Hub games platform integrates with Steam to enable easy issue of tradable NFTs. 989 Total views 22 Total shares Blockchain’s inexorable push into the world of gaming is occurring simultaneously on a number of fronts. From AAA tentpole productions backed by major crypto players, through crypto-powered Esports tournaments in popular non-blockchain titles, to…
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Fed liquidity injections drive down US Treasury yields, but not Bitcoin price
Bitcoin (BTC) might have shown strength after successfully defending the $28,000 support amid unfounded rumors regarding Binance, but an interesting development to note is BTC is becoming less correlated to traditional markets after the U.S. Federal Reserve elected to provide emergency liquidity to banks. This change in attitude from the central bank has caused a shift…
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Taliban had a ‘massive chilling effect’ on Afghan crypto market: Report
Crypto value received in Afghanistan surged in the wake of the Taliban seizing power in August 2021, but crypto markets have flat lined under the regime. 127 Total views 25 Total shares The Taliban’s takeover of Afghanistan has had a “massive chilling effect” on the local cryptocurrency market, bringing it to an effective “standstill,” according…
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Binance Q3 report appraises crypto market as ‘challenging’ amid high interest rates
The world’s largest cryptocurrency exchange painted a somber picture of the market, with occasional bright spots for individual players. It’s been a challenging quarter for crypto, Binance has confirmed in its Q3 market pulse report. The market was down in many sectors, the report found, although the entry of institutional players such as Deutsche Bank
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Morgan Stanley Report Shows Strong Institutional Investment for Bitcoin
On October 31, multinational investment bank and financial services company, Morgan Stanley, released their latest report on Bitcoin. The report, entitled “Update: Bitcoin, Cryptocurrencies and Blockchain,” stated that Bitcoins and altcoins have constituted a “new institutional investment class” since 2017.In comparison to Morgan Stanley’s 2017 report on Bitcoin, their 2018 outlook is bullish. The report…