History Associates joins Coinbase in FDIC legal battle
The History Associates suit aims to hold the FDIC and other regulatory agencies accountable for their actions and ensure transparency in their regulatory practices.
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Central bank digital currencies are dead in the water
Mark my words: Governments and central banks will never care about your wealth and your privacy as much as you do. That reality is exactly why central bank digital currencies are dead in the water already.They say if you can’t beat them, join them. That’s exactly what CBDCs are attempting to do. They want to…
Mark Cuban officially backs Polygon
The Ethereum-based scaling solution recently appeared on the Mark Cuban Companies website, seemingly affirming his investment in the project. 4009 Total views 8 Total shares Billionaire investor Mark Cuban has thrown his weight behind Polygon, according to a new disclosure on one of his websites, offering further evidence that wealthy investors are tapping into the…
Exploring Venezuela’s crypto ecosystem since the start of the pandemic
In the year since the COVID-19 pandemic first disrupted almost every aspect of our lives, many things have happened within the crypto ecosystem around the world. So, what has the past year been like for crypto in Venezuela?Even before 2020, Venezuela already had a number of businesses that accepted various cryptocurrencies as payment; however, considerably…
China’s consortium chains may not be trusted internationally, says Vitalik Buterin
Ethereum co-founder shares his opinions on China’s blockchain progress and the Blockchain Service Network. The progress of the Chinese government and large enterprises in the blockchain space is impressive. However, according to Ethereum co-founder Vitalik Buterin, they may need to do more than just deploy and build on private or semi-private consortium blockchains to gain…
Russia’s Largest Bank Confirms It Will Not Develop Crypto-Related Services
The CEO of state-owned Russian bank Sberbank has officially confirmed the institution’s decision to not develop crypto-related services, local financial publication Banki.ru reports on June 7.Herman Gref, Sberbank CEO and a former minister of economics and trade of Russia, claimed that the bank has never had any ambitious plans in the crypto space. Instead, the…
The Bitcoin revolution: The new ‘Bank of England’ is ‘no bank at all’
As one of the first countries to industrialize in the 1760s, Britain’s manufacturing revolution instigated one of the greatest practical and ubiquitous changes in human history. But even more extraordinary than the cultural shift itself, is the fact that Britain’s industrialization remained way ahead of potential competition for decades. Only in the early 1900s did…
Uber’s Largest Shareholder SoftBank Denies Deal With Bitmain, Other Investments Uncertain
An official from SoftBank has denied their involvement in the investment deal with Bitcoin (BTC) mining behemoth Bitmain that was reported last week by both crypto and mainstream media sources. As previously reported, Bitmain had allegedly sealed a pre-Initial Public Offering (IPO) financing deal which had brought its valuation to $15 billion. Both Chinese tech…
Crypto Lending Platform Compound to Start Distributing Tokens
The Compound community approved a proposal calling for the distribution of the COMP token to all users of the DeFi protocol. 1535 Total views 38 Total shares Compound’s governance token will be available for distribution to all users of the decentralized finance (DeFi) protocol beginning on June 15.According to a June 10 tweet from Compound,…