MetLife Asia Affiliate Trials Blockchain Insurance Product
MetLife Asia affiliate LumenLab has successfully trialed a blockchain-powered insurance product to offer financial protection to pregnant women.
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Litecoin’s Mining Power Has Fallen 28% Since Its Halving
news Many litecoin (LTC) miners working to secure the blockchain and compete for block rewards have been unplugging their machinery following the cryptocurrency’s recent “halving” event, network data shows. Litecoin’s mining difficulty – a coded-in measure of how hard it is to solve the mathematical puzzles used to write blocks on the network – has…

eToro Adds Insolvency Insurance Policy – Crypto Users Not Included
Investment platform eToro is now providing a free insurance scheme that will pay its customers holding traditional assets up to £1 million ($1.292 million) if the firm should ever become insolvent. In an emailed announcement on Monday, eToro said the new policy is underwritten by Lloyds of London and would apply in "the unlikely event that…

Multicoin Leads $20 Million Round for Speed-Focused Solana Blockchain
news Promising Layer 2 speeds on a Layer 1 platform, Solana has raised a $20 million Series A to build a blockchain meant to operate on the mass scale of the world wide web. The company announced Tuesday that Multicoin Capital, the Austin, Texas-based investment firm, had led the round. Distributed Global, Blocktower Capital, Foundation…
UK’s Tough Crypto Regulator FCA Won’t Go Easy on Stablecoins, Official Says
U.K. regulators published plans to regulate stablecoins on Monday.The FCA, which will oversee stablecoin issuers alongside the Bank of England, is setting tough standards for firms, an official told CoinDesk.The U.K.’s financial watchdog won’t deviate from its usual tough stance on crypto when regulating stablecoins under proposed rules, an official told CoinDesk."Ultimately, we'll set the

Blockchain Bites: Tesla Drives $1.5B Into Bitcoin, Brian Brooks Comments on Monetary Debasement
Tesla plowed $1.5 billion into bitcoin, ETH futures went live on CME, Brian Brooks comments on dollar debasement. Feb 8, 2021 at 5:45 p.m. UTCBlockchain Bites: Tesla Drives $1.5B Into Bitcoin, Brian Brooks Comments on Monetary DebasementThree stories1. Tesla invested $1.5 billion of its cash reserves in bitcoin, according to a U.S. Securities and Exchange…

Customized Crypto Options Seeing Record Demand From Funds, Miners, Says GSR
Mar 20, 2020 at 14:20 UTCUpdated Mar 20, 2020 at 14:38 UTCDigital assets firm GSR says it's seen record interest in its customizable options contracts as funds, exchanges and miners try to hedge against price volatility.The Hong Kong-based firm, which offers a host of services including market making, over-the-counter trading and product development for digital…

Charles Schwab Wants to Directly Offer Crypto to Clients, Incoming CEO Says
Financial services giant Charles Schwab has plans to directly offer crypto investments to its clients, president and incoming CEO Rick Wurster told Yahoo Finance in an interview on Thursday. Wurster, who will step into the new role on Jan. 1, said that clients of the bank have already been very active in the crypto space

GraFun Starts Labs Division to Boost Memecoin Ecosystem on BNB Chain
GraFun, a memecoin launchpad on the BNB Chain, has introduced GraFun Labs aimed at fostering growth in the meme ecosystem through partnerships with DWF Labs and Floki. GraFun Labs will assist new memecoin projects with a unique narrative through its Growth Program. Memecoin launchpad GraFun today releases its GraFun Labs division, a multi party initiative