EU Launches Estimated €400M Blockchain, AI Fund to Avoid Lagging US, China

Tokenized treasuries won't fully replace stablecoins, JPMorgan said. Stablecoins have a regulatory advantage because they are not classified as securities, the report noted. Liquidity in stablecoins is also much higher than tokenized treasuries, the bank said. Stablecoins are unlikely to be fully replaced by tokenized treasuries, JPMorgan (JPM) said in a research report Thursday. It

Crypto investors suffered $303 million of losses from exploits and hacks in July, the worst month of the year.Exploits of Curve Finance and Multichain were the latest reminders of vulnerabilities in decentralized finance.Crypto traders have lost $303 million worth of digital assets in cryptocurrency exploits and hacker attacks this month, security audit firm CertiK tweeted,…

The music industry has always been a space for creativity, but with the rise of non-fungible tokens (NFTs), the industry is experiencing a transformation like never before.NFTs are unique digital assets that are verified on a blockchain network, which has opened up endless possibilities for the music industry and for investment.You're reading Crypto for Advisors, a…

Jan 10, 2020 at 20:00 UTCUpdated Jan 10, 2020 at 20:08 UTCChina’s digital currency project continues to move ahead aggressively, with a new paper from the People’s Bank of China suggesting that a core design is complete. Whatever stage of development the currency is actually in, it’s clear that China wants the world to see…

Aug 25, 2020 at 19:03 UTCBitGo Weighs Building a Sidechain for WBTC as Ethereum Fees ClimbHistoric fee pressure plaguing the Ethereum blockchain is forcing one of decentralized finance’s (DeFi) hottest projects to consider swapping tires while driving. Digital asset trust company BitGo is in the process of “reaching out” to community partners to build an…

The price of bitcoin (BTC) at $29,780 is barely holding above a one-month low as Tuesday morning's economic data confirms the U.S. economy remains in growth mode and traders brace for what's now a near 100% certainty of another Federal Reserve rate hike next week.On its face, the retail sales report from the U.S. Census…

Mar 24, 2020 at 11:21 UTCBitcoin Marches on $7K as Traditional Markets Cheer Fed’s QE BazookaViewFederal Reserve's open-ended easing program is a long-run positive for bitcoin's price, according to analysts.With stocks flashing green and technical indicators pointing to a strengthening of upward momentum, bitcoin looks set to test resistance at $7,000.Monday's low of $5,686 is…

"The market is now pricing in a high likelihood that many other corporates will copy Tesla," one trader said. Bitcoin prices over the last 7 days.(CoinDesk 20)Feb 9, 2021 at 11:32 a.m. UTCUpdated Feb 9, 2021 at 11:37 a.m. UTCBitcoin Could Rally Further as Tesla Leads Corporates on Treasury InvestmentsBitcoin’s bull run may be set…

One of the perverse truisms of crypto is that for a certain kind of founder, the clearest path to success is to never actually build anything. Token presales incentivize infinite delay because you can cash in so effectively on grandiose promises – and the reality of what you create is always going to fall short…