Diamonds Standard Co. uses precious gems to back payment network

Due to regulatory and transparency risks, CZ says that spreading risk across different stablecoins is the key to longevity. 288 Total views 1 Total shares Binance CEO Changpeng ‘CZ’ Zhao is looking to bring smaller algorithmic stablecoins to the market, in a bid to offer investors options other than the current global stablecoin giants.Speaking in…

Can Radix make DeFi the new normal? 1769 Total views 18 Total shares Radix is taking a massive step into decentralized finance (DeFi) with the release of its first layer-one protocol made up of four different technologies.In a white paper, Radix said it had released four technologies it believes can bring DeFi for mass adoption.…

Bitcoin (BTC) is struggling to break above $50,000 but analysts remain confident due to strong on-chain metrics. Analyst Willy Woo believes that investors have been accumulating Bitcoin and a break above $50,000 could result in a quick up-move to $60,000.Another positive voice was that of SkyBridge Capital CEO Anthony Scaramucci, who said in an interview…

Bitcoin (BTC) dropped below $9,200 on Nov. 3 after a fresh attempt to crack resistance above $9,500 ended in rejection.Cryptocurrency market daily overview. Source: Coin360Bitcoin stays in low $9K corridorData from Coin360 showed BTC/USD continuing its ranging behavior with $9,000 as support on Sunday. At press time, the pair traded around $9,120, having fallen around…

On Sept. 20, the Federal Reserve delivered a message that reverberated through financial markets: interest rates are expected to remain at their highest level in over two decades, and possibly for longer than most market participants’ expectations. This attitude comes against the backdrop of stubbornly high inflation, with the core inflation rate hovering at 4.2%

The ban comes less than a week after the House proposed a bill to create a federal artificial intelligence commission. The United States House of Representatives recently adopted new rules banning all use of artificial intelligence (AI) large language models by members, with the sole exception of OpenAI’s ChatGPT Plus service. According to a notice sent from…

The vulnerability dubbed “HamsterWheel” traps nodes in an endless loop similar to hamsters jogging on a wheel. 448 Total views 1 Total shares Blockchain security firm CertiK has received a bounty of $500,000 from the Sui network after flagging a threat that had the potential to disrupt Sui's entire layer-1 blockchain.In an announcement sent to…

Australian financial watchdog, the Australian Securities and Investments Commission (ASIC), has issued a warning on “misleading” Initial Coin Offerings (ICOs) and crypto-asset funds targeted at retail investors.The document was published Thursday, September 20, on ASIC’s official website.According to the release, ASIC has stopped five different ICOs from raising capital since April 2018. This was done…

"The Federal Reserve would only pursue a CBDC in the context of broad public and cross-governmental support," said the recently published paper. 137 Total views 2 Total shares The U.S. Federal Reserve is opening comments to the public after releasing a discussion paper on the pros and cons of a potential central bank digital currency.In…