Deutsche Bank builds L2 blockchain on Ethereum: Bloomberg

As MicroStrategy stock slumps, Michael Saylor remains confident Bitcoin holdings will cover a potential margin-call on BTC-backed loans. 1944 Total views 8 Total shares MicroStrategy’s CEO and Bitcoin proponent Michael Saylor is confident his firm’s BTC holdings will more than cover a potential margin call on Bitcoin-backed loans.The American business intelligence and software giant made…

Bitcoin (BTC) provided a long awaited breakout into Sept. 7 as BTC price action dashed bulls’ hopes of a recovery.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView$23,000 relief bounce "still likely" says traderData from Cointelegraph Markets Pro and TradingView captured snap losses for BTC/USD later on Sept. 6, with overnight lows coming in at $18,540 on…

Oregon joins five other states that have delicensed Binance.US after former Binance CEO Changpeng Zhao pleaded guilty to felony charges.

In the most recent episode, Comic-Con legend, Gareb Shamus discusses how he has used storytelling to build engagement and a “maker world” that grows and strengthens communities. What started off as a newsletter about comics, founder Gareb Shamus’ passion project, ultimately became known to the world as Wizard magazine. According to Shamus, Wizard magazine was…

Total value locked across all decentralized finance projects topped $247 billion on Monday. Near and other smart contract platforms are looking to capitalize. 699 Total views 3 Total shares Smart contract ecosystem Near Protocol has earmarked $800 million for new funding initiatives aimed at growing its decentralized finance capabilities, offering the latest evidence that the…

Switzerland’s largest supermarket chain and retailer, Migros is turning to blockchain to keep tabs on its supply chain for food.Migros announced the implementation of TE-Food’s blockchain-based food traceability system, Aug. 29. Whilst many retailers are incorporating such systems to provide transparent information to customers, Migros is looking to the technology to optimize processes and provide…

This interview has been edited and condensed.The author of the "The Bitcoin Big Bang — How Alternative Currencies Are About to Change the World," Brian Kelly calls himself an optimist when it comes to the future of the cryptocurrencies. CNBC’s prominent commentator, who is also the founder and CEO of digital currency investment firm BKCM…

Coinbase’s new institutional lending service has the same operating entity as Coinbase Borrow, which halted issuance of new loans in May. 97 Total views 2 Total shares Cryptocurrency exchange Coinbase has rolled out a crypto lending service for institutional investors in the United States, reportedly aiming to capitalize on massive failures in the crypto lending

Six international banks have reportedly signed letters of intent to issue their own stablecoins backed by their national fiat currencies on IBM’s now-live blockchain-powered payments network, “World Wire.” The news was jointly announced by IBM and Stellar during a keynote at Money 2020 Asia in Singapore, financial news channel Cheddar reported on March 18.As previously…