FDIC releases 790 pages of crypto-related letters in regulatory pivot

Ethereum Classic (ETC) reached its highest level in almost three weeks Wednesday, buoyed by Barry Silbert-backed Digital Currency Group's $50 million investment and by an overall cryptocurrency market recovery led by Bitcoin (BTC).The 17th-largest cryptocurrency by market value traded as high as $63.19 — a nearly 98% rise from its June 22 low of $31.91.…

The latest software release, named lnd 0.15 beta (v0.15-beta), aims to empower developers to create solutions for more use cases by leveraging the Bitcoin network’s capabilities. 202 Total views 2 Total shares Lightning Labs, a developer of the Bitcoin (BTC) Lightning Network (LN), released a beta version of the Lightning Network Daemon (lnd) — a…

The sudden uptick in outflows may have been caused by market makers leaving the exchange. 1037 Total views 4 Total shares Own this piece of crypto history Collect this article as NFTBinance appears to be suffering from a decline in liquidity. A report from crypto analytics firm, Nansen, indicates that Binance has had net withdrawals…

Sweden's central bank just released a massive report on central bank digital currencies. 1991 Total views 44 Total shares Sveriges Riksbank, Sweden's central bank, took a 98-page deep dive into central bank digital currencies, or CBDCs, referencing the country's own such asset — the e-krona. "The second issue of Sveriges Riksbank Economic Review in 2020 has…

Sumitomo Mitsui has partnered with Securitize to launch Japan’s first security token that complies with the country’s Financial Instruments and Exchange Act. 2784 Total views 18 Total shares Japan-based bank Sumitomo Mitsui Trust Bank, or SMTB, has launched its first asset-backed securities token in partnership with Securitize on March 29. The instrument is the first…

A breakout above $41,000 provoked selling near a key moving average but the move could just be a lower support retest. 3479 Total views 7 Total shares The overall mood of the cryptocurrency ecosystem is muted on June 15 with most altcoins trading flat while Bitcoin (BTC) bulls look for a daily close above $41,000…

Developer Manuel Araoz has played a practical joke online to demonstrate the potential of  artificial intelligence bots — by having a bot write an article about itself.According to a July 18 post on Araoz’s blog, AI development company OpenAI released GPT-3, the third generation of its language prediction model capable of creating “random-ish sentences of…

On June 26, about $1.2 billion in binance coin (BNB) has been transferred in 1.1 seconds with a $0.015 fee on the binance chain, reveals data published on WhaleAlert, a platform tracking significant transactions.Earlier today, CEO of major cryptocurrency exchange Binace, Changpeng Zhao, warned that big transactions should be expected. He explained that the exchange…