Japan’s major banks back new stablecoin project for global trade

Several projects have launched on Optimism this year with the goal of giving users instant transactions and lower gas fees. 468 Total views 5 Total shares Unsecured lending protocol TrueFi has become the latest project to launch on Optimism, Ethereum’s popular layer-2 scaling solution, in a move that’s expected to boost demand from non-institutional lenders. By…

During a panel at the 2019 MIT Bitcoin Expo, Gensler called out the securities regulator for its ‘inconsistent’ approach to spot Bitcoin ETF approvals. 250 Total views 1 Total shares Gary Gensler once criticized the United States securities regulator for its “inconsistent” approach to spot Bitcoin (BTC) products, according to a resurfaced video of Gensler

Luxury fashion brand Alyx intends to use Iota’s distributed ledger technology (DLT) for supply chain tracking, cryptocurrency news outlet The Block reports on May 15.Per the report, Iota’s system will be implemented in partnership with global manufacturing company Avery Dennison to allow Alyx’s customers to have full insight into their supply chain. By scanning QR…

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BingX claims withdrawals and deposits will be restored within 24 hours.

After several customer complaints aired on social media, Chinese mining giant Bitmain confirms that some of its Antminer S17 units have issues. Chinese mining hardware company Bitmain has admitted to having issues with some of Antminer S17 units.“Antminer is paying close attention to the issues of some products from the 17 series, which has recently…

Nudge seeks to unleash a new DeFi primitive called Re: allocation Value.

Representatives French Hill and Dusty Johnson suggested the SEC may have undertaken certain actions on crypto “seemingly timed to coincide with related Congressional activity". 409 Total views 7 Total shares Two members of the United States House of Representatives have added their names to a list of lawmakers criticizing Securities and Exchange Commission (SEC) chair…

Major crypto exchange Coinbase is rolling out Tezos staking rewards for users in the United Kingdom and three European countries. 4055 Total views 138 Total shares Major cryptocurrency exchange Coinbase is rolling out Tezos (XTZ) staking rewards for users in the United Kingdom and three European countries.In an announcement on May 28, the exchange revealed…