Grayscale Ethereum Trust ETF hits historic net outflow of $1.5B
Based on the present rate of outflows, ETHE’s ether reserves may be exhausted in a relatively short timeframe, potentially within weeks.
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On Solid Ground: Stablecoins Thriving Amid Financial Uncertainty
As a new COVID-19 stimulus bill is debated in the United States Senate and Bitcoin (BTC) begins to bounce back from its volatility lows, the demand for stablecoins continues to grow. Powered both by the stability that they provide to tokenholders and the demand created by decentralized finance lending and yield farming, stablecoins — Tether…

Mainstream Media Corp. Thomson Reuters Patents Blockchain System for Identity Management
Mainstream media corporation Thomson Reuters was awarded a patent for a blockchain-based identity management system, documents from the U.S. Patent and Trademark Office released on April 2 reveal.The patent, originally filed on Dec. 22, 2015, describes a system providing identity services capable of receiving an identity from an identity provider system alongside validated identity data,…

Brazil Tax Authority Requires Reporting All Bitcoin Transactions Starting Today
Beginning today, Aug. 1, Brazil citizens are obligated to report on their crypto transactions with the country’s tax authority, the Department of Federal Revenue (RFB).Entities in Brazil must report on all kinds of crypto transactionsAs Cointelegraph Brazil reports today, transactions involving cryptocurrencies such as Bitcoin (BTC) must be reported to the RFB in accordance with…

Vectorspace AI (VXV) flies under the radar to new highs as big data becomes the ‘new’ oil
“I’m in it for the tech,” is a phrase commonly used in the cryptocurrency ecosystem by many who want to express a deeper motivation for being involved with blockchain technology beyond the significant gains that are known to happen in the volatile asset class. One project that has quietly climbed the charts without the need to…

Crypto acted as safe haven amid SVB and Signature bank run: Cathie Wood
Cathie Wood said the ongoing baking crisis is a total Fed policy failure and could have been averted with crypto’s decentralized solutions. Own this piece of history Collect this article as an NFTAmid all the chaos around multiple bank runs in the United States, Cathie Wood, CEO of asset management firm Ark Invest, said cryptocurrencies…

Tanzania ‘cautious’ on CBDC adoption after initial research
The Bank of Tanzania is waiting for the conclusion of its research into CBDCs before making a final decision on adoption. 73 Total views 2 Total shares Own this piece of history Collect this article as an NFTTanzania's central bank says it is still considering the introduction of a central bank digital currency (CBDC) but…

New NY Gov. taps former Obama official to head state’s financial regulator
Adrienne Harris said she aims "to ensure we have a robust and fair financial system, and an equitable economy" in her role at the NYDFS. 268 Total views 2 Total shares Kathy Hochul, the governor of New York who has been in office for only a week since the departure of Andrew Cuomo, has nominated…

Bitcoin price jumps above $28K after 1.5K BTC shorts ‘blown out’
Bitcoin bears get a sudden roasting as short squeeze sends BTC price action to levels last seen before the Binance regulatory debacle. 884 Total views 4 Total shares Own this piece of history Collect this article as an NFTBitcoin (BTC) headed back to $28,000 on March 29 as a classic short squeeze took the market…