Meta’s new Megabyte system solves one of the biggest roadblocks for GPTs
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Synthetix racks up over $1M in daily fees as SNX token value surges 100%
L2 scaling solution Synthetix collaborated with Curve Finance to create Curve pools for sETH/ETH, sBTC/BTC and sUSD/3CRV, allowing investors to convert synths into tokens. 191 Total views 9 Total shares Layer-2 scaling solution Synthetix recently collaborated with liquidity provider Curve Finance to create Curve pools for sETH/ETH, sBTC/BTC, & sUSD/3CRV, allowing investors to cheaply convert…

US Senate recommends blockchain for national security tests
The U.S. Senate Committee on Armed Services urges the Department of Defense to explore blockchain for national security applications, including supply chain management.

Microstrategy lost $146M to Bitcoin impairment charges in Q4 2021
MicroStrategy currently holds a total of 125,051 BTC acquired for $3.78 billion at an average price of $30,200 per Bitcoin. 697 Total views 23 Total shares MicroStrategy, the fortune 500 company with a 125,051 Bitcoin (BTC)-strong treasury, announced its Q4 2021 financial results on Feb. 2.The institutional software solution provider reported a net loss of $146.6…

Robert F. Kennedy Jr. vows to back US dollar with Bitcoin if elected president
RFK Jr. says he would use Bitcoin to stabilize the U.S. dollar, as well as make Bitcoin profits exempt from capital gains tax. 977 Total views 17 Total shares Democratic presidential candidate Robert F. Kennedy Jr. has promised to progressively back the United States dollar with Bitcoin (BTC) if he is elected president. Speaking at a…

Deutsche Bank and Bitpanda join forces for real-time crypto payments
The partnership with Deutsche Bank allows Bitpanda to offer real-time inbound and outbound cash payments for German crypto traders using German International Bank Account Numbers.

WazirX announces INR withdrawals will resume on Aug. 26
The crypto exchange did not provide a timeline on when crypto withdrawals might resume, citing legal issues.

Ryan Salame claims US unfairly targeted him over Republican donations
Former FTX co-CEO Ryan Salame claims his Republican campaign contributions led to unjust charges and contrasted his case with SBF’s.

Bank of England governor dismissed Bitcoin as a means of payment
Cryptocurrencies like Bitcoin don't quite convince Bailey, but he sees a lot of potential for stablecoins. During a virtual conference hosted by the Brookings Institute, Andrew Bailey, Bank of England’s (BoE) governor, stressed that crypto assets are just “unsuited to the world of payments.” In prepared remarks on the future of cryptocurrencies and stablecoins, Bailey qualified…