Crypto VCs see ‘big opportunities’ with L2 interoperability, but not AI

Rock bottom interest rates and fiscal stimulus has driven momentum in the crypto sector the Fidelity executive said. 2154 Total views 12 Total shares Executives at investment giant Fidelity are confident that cryptocurrency market momentum will continue for the foreseeable future.Speaking to MarketWatch on April 8, Tom Jessop who heads the investment firm’s crypto division…

After the collapse of Terra, the digital assets sector needed a way to identify critical nodes in the global DeFi community. 295 Total views 2 Total shares Kanis Saengchote, a researcher at Chulalongkorn University in Thailand, recently developed a framework for identifying and measuring systemic risk in decentralized finance (DeFi) institutions. The new protocol is called…

The Reserve Bank of India (RBI) is pausing its plans to release a digital currency, Indian business news outlet the Hindu Business Line reported on Jan. 1.India’s central bank had originally announced its intentions to consider a central bank digital currency (CBDC) in April of this year, at the time noting the establishment of an…

Randall Crater will pay back the millions lost by victims of his fraudulent crypto scheme and spend 100 months in jail followed by a three-year supervised release. Own this piece of history Collect this article as an NFTFounder of “My Big Coin” and convicted fraudster Randall Crater has been sentenced to 100 months in prison…

It's unclear if the court declaration by Leon will have any bearing on the value of the shares still in circulation. 626 Total views 17 Total shares A Celsius Network co-founder has moved in court to declare the entirety of his equity stake in the embattled crypto company as “worthless." In a Sept. 5 document to…

High yields and frequent interest payments on Circle’s business accounts may be designed to compete with DeFi protocols 640 Total views 12 Total shares Originally launched as an attractive alternative to traditional fiat business accounts for Internet-based ventures, the latest features for the Circle Business Account appear to take aim at a different kind of…

New York Governor Andrew Cuomo has launched of a blockchain-powered vaccination passport built on top of IBM's Digital Health Pass. 1170 Total views 11 Total shares New York Governor Andrew Cuomo announced the launch of the city's blockchain-powered “Excelsior Pass” vaccination passport on March 26.The passport is issued through a free and voluntary platform that…

Analysis of 38 top DeFi assets reveals a median performance only 15% above Bitcoin. 1663 Total views 17 Total shares Despite a pull back from the meteoric bull market for decentralized finance, the average DeFi token return has vastly outperformed Bitcoin and Ethereum. The median performance is a different story however.On Nov. 17, pseudonymous crypto…

A community member described CBDCs as a “dystopian nightmare” and argued that it will give governments complete control over an individual. 158 Total views 10 Total shares As the International Monetary Fund (IMF) continues its effort to advance the technologies behind central bank digital currencies (CBDCs), some members of the crypto community have reacted strongly…