Crypto investment products see $147M outflows after 3-week inflow streak

The former head of People’s Bank of China (PBoC), Zhou Xiaochuan has argued that the Libra stablecoin would be more readily trusted if it were in the hands of an organization like the International Monetary Fund (IMF).Zhou is the longest-serving governor of China’s central bank to date, having held the role between 2002 and 2018.…

The virtual world is celebrating in style with "live" DJ sets and a new club reveal 629 Total views 6 Total shares User-owned virtual world Decentraland is celebrating its one-year anniversary true to form with a virtual party open to all. “Relive the past 12 months of events, competitions, exhibitions, gatherings and more with messages from…

The Ethereum network has taken more in fees than Bitcoin for a record streak, but a fee reform proposal faces an uphill battle. 1610 Total views 22 Total shares Ethereum (ETH) transaction fees have exceeded those on the Bitcoin (BTC) network for two months straight.Crypto market data aggregator Messari tweeted about the streak on October…

Few world leaders have been openly supportive of digital assets while in office or while they were campaigning. Though the technology is relatively young and untested as a political issue, many candidates have staked their reputations on crypto and blockchain.Nayib Bukele, El SalvadorNow the former president of El Salvador as he campaigns for his next

The rich get richer. According to the Wealth-X consulting company, in 2020, the number of ultra-high-net-worth individuals worth $5 million–$30 million in the world increased by 1.7% to 295,450 people; the combined net worth of this group increased by 2% to $35.5 trillion.Observing the investment preferences of rich individuals and institutional investors is instructive. They…

If mainstream finance does not adopt new technologies, such as those seen in blockchain and crypto, they will fall behind, according to a few experts’ comments at the World Economic Forum (WEF) in Davos Switzerland. Answering a question on comparing this year’s event to last year’s, Monero’s former lead maintainer Riccardo Spagni noted the same presence…

Ukraine’s crypto bill was previously returned for revision due to the creation of a new regulatory body for crypto oversight. 1219 Total views 21 Total shares Ukraine’s parliament, the Verkhovna Rada, has approved some significant amendments in the country’s major cryptocurrency-related legislation known as the bill “On Virtual Assets.”The Ukrainian Rada passed the legislation in…

Ever since its inception and throughout its turbulent journey toward mainstream acceptance, crypto has elicited both enthusiasm and trepidation in equal measure. After the unfair battering it has received over the years, the time has come to defend digital currencies.Unfortunately for crypto, first impressions count. Bitcoin (BTC) initially gained a tawdry reputation in its early…

Former Binance CEO CZ sent a letter to employees after he stepped down, assuring employees the company would be fine, and quoting a famous Star Trek line as he closed. The former Binance CEO Changpeng “CZ” Zhao stepped down from his role on Nov. 21 after pleading guilty to not following anti-money laundering laws. He