Crypto exchanges see $3B Ethereum exit since ETF approvals
Only 10.6% of the total Ether supply is currently on centralized crypto exchanges, its lowest level in years.
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MakerDAO co-founder recommends DAI-USD depegging to limit attack surface
While revealing the protocol's inability to comply with regulators, Christensen suggested that "we must choose the path of decentralization." 136 Total views 14 Total shares In light of the recent discussions around depegging its native token from USD Coin (USDC) amid sanctioning of Tornado Cash, MakerDAO co-founder Rune Christensen reached out to the community explaining…

Bitcoin pioneer Hal Finney couldn’t be Satoshi Nakamoto, new analysis suggests
Bitcoin pioneer Hal Finney was competing in a 10-mile race at the exact time Satoshi Nakamoto was responding to emails and transacting on Bitcoin, newly surfaced evidence has revealed. For years, it has been commonly speculated that the late Hal Finney, a computer scientist, was the creator of Bitcoin. He was the first person besides

BitMEX Rejects Bold Lawsuit Claims as ‘Clearly Rehashed’ Internet Bunk
BitMEX, one of the most popular derivatives exchanges in the cryptocurrency market, has come under fire with accusations of being purposefully designed to facilitate “a myriad of illegal activities." The accusations were made in a lawsuit filed by BMA LLC in the United States District Court for the Northern District of California on May 16.In…

Metro department store debuts stablecoin payments in Singapore: Report
“By integrating stablecoin payments, we’re not just embracing the future — we’re shaping it,” a Metro Store executive reportedly said.

Web3 threatened by Web2.5 and regulations, exec warns
Outlier Ventures founder Jamie Burke warns that as projects compromise with products that are not interoperable, it blurs the vision of Web3. 168 Total views 1 Total shares As Web3 remains in its early stages, its ideals and original vision of creating an interoperable financial landscape are under attack, according to Jamie Burke, the founder…

Central bank digital currencies have the power to upend global finance
An astonishing 80% of central banks are engaging in work around central bank digital currencies, from research to experimentation and pilot programs. A recent Bank for International Settlements, or BIS, chart demonstrates the growing interest in CBDCs by central banks, as reflected in speeches and reports as well as people’s Google search interests over time.One…

Over 5.5 Billion USDC has Been Transferred оn-Chain
Over 5.5 billion USD Coin (USDC) tokens have been transferred on-chain as of Jan. 31 2019, according to a report released by the Centre consortium on Feb. 6.The Centre consortium was founded by crypto finance firm Circle and United States-based crypto exchange Coinbase. USDC s a U.S. dollar-backed stablecoin released by Coinbase and Circle in…

PwC Accelerator to Train 1000 Staff in Blockchain Over 2 Years
U.K.-based multinational professional services network PricewaterhouseCoopers (PwC) will bolster its employees’ blockchain knowledge through a dedicated program next year, Digiday reported Thursday, August 30.Part of a coordinated push to enhance digital awareness, the company will put 1000 staff through its Digital Accelerators program, which will run for two years from January.Participants will forego a portion…