Crypto investment products see $584M outflow as Bitcoin descends to $60K

Palestinian Monetary Authority (PMA) Governor Feras Milhem has revealed that the proto-central bank — which does not issue a domestic currency and operates under highly restrictive political and economic conditions — is exploring the idea of issuing a Palestinian digital currency. Raja Khalidi, director of the Palestine Economic Policy Research Institute, told Bloomberg that “the…

Tether mints $1 billion USDT on Tron, pushing its total tokens minted in the last year to 33 billion.

Big four auditing firm Ernst & Young (EY) open sourced the code of its Nightfall Ethereum (ETH) private transactions solution and released it on GitHub on May 31.The readme information file featured on the GitHub repository explains the function of the software in question:“Nightfall integrates a set of smart contracts and microservices, and the ZoKrates…

Major players from technology and crypto ecosystems participate in a new group to standardize blockchain. Six worldwide corporations have banded together to start the IEEE blockchain Identity of Things standardization. According to IEEE Chair of the Identity of Things Working Group Dr. Xinxin Fan, researchers from Lockheed Martin, Ericsson, Lenovo, Huawei, Bosch, IoTeX and China…

Stablecoins provide a false sense of security. They give the impression to the uninitiated and/or uncaring that a particular coin is pegged to the U.S. dollar, or an equivalent of the dollar in terms of value and stability, and that if you want to convert your stablecoin to dollars, you can do so easily and…

Move over DC and Marvel: a fledgling company wants to create a comic book universe where crypto and blockchain are at its center – building an immersive experience for readers with a whole new suite of coveted collectibles.Tokenville says comics offer an exciting format for entertaining crypto enthusiasts, not to mention enlightening those who are…

Over the 15 years since Bitcoin was created, there has been no shortage of crazy conspiracy theories about how it was made and where it came from.  Some believe Bitcoin was the work of “a bunch of engineers” in the Chinese Communist Party — presumably for world domination; others claim Bitcoin is the work of…

While lacking in performance, micro Bitcoin mining devices should be seen as a stand against the Bitcoin ecosystem’s purportedly biggest flaw, its inventors argue.Micro Bitcoin mining devices — often open-source and pocket-sized — have been serving a niche part of the market, offering buyers a fully assembled device or a do-it-yourself-kit to mine Bitcoin (BTC)

Grayscale Investments is set to float a fund targeting blue-chip assets in the decentralized finance space. 793 Total views 3 Total shares Michael Sonnenshein, CEO of digital asset management giant Grayscale, has announced a new investment vehicle for the firm targeted at decentralized finance (DeFi) assets.Sonnenshein announced Grayscale’s planned DeFi Fund and Index during an…