Is onboarding too hard? Crypto adoption still faces major obstacles

The United States Congress’ hearings on Libra are over. First, on July 16, the Senate Banking Committee held a testimony on Facebook’s cryptocurrency project, which was followed by a meeting organized by the House of Representatives Financial Services Committee on the next day. David Marcus, a Facebook executive and head of the social media giant’s…

Blockchain-based smart contracts indubitably fall subject to private international law, a legal expert has argued in a post published to Oxford University’s Business Law Blog today, Jan. 23.Giesela Rühl — a professor of Private International Law and co-director of the Centre for European Studies at the Friedrich Schiller University in Jena, Germany — entitled her…

Many users' Binance USD balances will automatically be converted into First Digital USD starting on Dec. 31. 436 Total views 8 Total shares Major cryptocurrency exchange Binance announced it will cease support for all Binance USD (BUSD) products starting on Dec. 15 following Paxos halting the minting of new coins.In a Nov. 29 notice, Binance

ERC-404 uses a mint-and-burn protocol to enable fractional ownership of NFTs, add more liquidity to the ecosystem, and open up a plethora of new use cases.

Gambaryan missed a court appearance on tax evasion charges but managed to attend the money laundering trial on the same day.

The lending platform responded by pausing all markets and assuring its community that no additional funds were at risk. 184 Total views 3 Total shares Decentralized finance (DeFi) protocol Sturdy Finance has lost 442 Ether (ETH), worth almost $800,000 when writing, to a security exploit. The attacker exploited a vulnerability that eventually manipulated a faulty…

Coinbase layer-2 network Base has notched a record number of daily active addresses amid a surge in growth of the new “basenames” service. 

Bitcoin (BTC) starts a new week under $30,000 as the battle to save the market from fresh lows grinds on.After hitting its highest since the Terra LUNA crash last week, the largest cryptocurrency nonetheless continues to fail to reclaim $30,000 as support.What could be in store this week? The potential for major upheaval from macro players, notably…

Barr, a former Ripple Labs adviser, has taken a rather less favorable view of crypto than he apparently had in the private sector, as he gives his first speech as a Fed official. 84 Total views 2 Total shares Two United States government financial officials gave speeches on Sept. 7 in which they expressed their…