Ethereum inflation rises, threatens ‘ultrasound money’ status: Report

Surprise Binance listings have led to a sudden 25% spike in the price of Compound’s Governance Token. 2066 Total views 22 Total shares The price of the Compound Governance Token (COMP) has jumped by one-quarter on news of a surprise listing on leading cryptocurrency exchange Binance.COMP tokens began trading approximately one week ago, quickly making…

The world is currently witnessing its worst crisis in decades, which dwarfs even the previous financial crisis. Even when traditional asset classes like equities and crude oil are struggling, Bitcoin (BTC) has held out exceedingly well. Travis Kling, the head of crypto hedge fund Ikigai, said that the top-ranked cryptocurrency on CoinMarketCap has preserved wealth for…

Major U.S. crypto exchange and wallet Coinbase has started rolling out British pound (GBP) support, according to an official blog post August 1. The new feature will enable Coinbase customers with UK bank accounts to conduct faster transfers, letting customers buy and sell crypto for pounds within the same day. As Coinbase points out in…

Waves CEO Alexander Ivanov has announced a new department for enterprise projects that will be fueled by Vostok (VST) tokens. According to a July 18 press release, Waves is opening a new company department called Waves Enterprise, which will employ a corporate blockchain solution of the same name. The Waves Enterprise solution is a management system…

The companies collectively purchased nearly $1.3 billion worth of Bitcoin ETF shares during the quarter.

Polkadot’s vision for a sharded parachain ecosystem is moving toward becoming a reality. 2452 Total views 23 Total shares The Polkadot ecosystem continues to progress, with DeFi platform Acala Network becoming the first to win a parachain slot on the Rococo testnet.Acala, the self-described decentralized finance hub for Polkadot, announced it had secured the slot…

One of the oldest pieces of contrarian investment wisdom is to buy when there is blood in the streets. If it were that easy, crypto investors would be euphoric at all the buy opportunities right now. If you’re rattled by the bear market, which has been especially brutal even by crypto standards, don’t beat yourself…

Should longer-term assets be allowed as reserve assets, the committee thinks these must overcollateralize the claims of stablecoin holders. 302 Total views 8 Total shares In a consultative document published on Dec. 14, the Basel Committee on Banking Supervision of the Bank for International Settlements (BIS) proposed several measures on targeted adjustment to its standard on banks’

European financial institutions are using pilots to make a case for the digital euro. 2567 Total views 13 Total shares It turns out the 100 million euro digital bond issued by the European Investment Bank earlier this week was actually a trial of a European central bank-issued digital currency, or CBDC.An April 28 announcement from…