Michigan becomes latest state to propose crypto reserve bill
A bill filed in Michigan’s House would allow the state to buy crypto and lend it out to increase yields for state funds.
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Brazil BTG Pactual bank buys Bitcoin-friendly brokerage Orama for $99M
BTG Pactual is known for launching cryptocurrency trading services for its customers and is also planning to launch its own stablecoin. Major Brazilian investment bank BTG Pactual is acquiring cryptocurrency-friendly brokerage Orama DTVM as part of its strategy to expand the bank’s digital platforms.BTG Pactual has signed an agreement to buy 100% of Orama's shares

Celebs and crypto in 2020: Blockchain cities, Bitcoin newbies and Twitter trolling
Celebrities have long been used to promote brands, products and services to varying degrees of success, and the cryptocurrency space has been no exception to this practice. In years gone by, the biggest names in the world of entertainment have made waves in the crypto space for endorsing or investing in projects, tokens and companies.…

Trump appoints former college football player Bo Hines to head crypto council
Bo Hines will work under Donald Trump’s crypto and AI czar, David Sacks, on the incoming presiden’ts crypto council in a bid to “foster innovation and growth” for digital assets.

Meta working on text-based decentralized social network codenamed P92
Meta is reportedly building a decentralized, text-based social network that supports ActivityPub, the decentralized social networking protocol that powers Twitter-rival Mastodon. 135 Total views 7 Total shares Own this piece of history Collect this article as an NFTMeta, the parent company of Facebook and Instagram, is reportedly creating a separate text-based content app that will…

Band Protocol denies any role in the mysterious origins of SushiSwap
Band Protocol may share hosting with SushiSwap, but so do hundreds of others. Following the sudden exit of SushiSwap’s anonymous founder, many users have begun to speculate on the identity of this controversial figure.While some focused on the current maintainer of the project Sam Bankman-Fried, the CEO of FTX, others saw Band Protocol’s chief technology…

Traders anticipate ‘DeFi Summer 2.0’ after TVL and token prices rise
A rally in blue-chip DeFi tokens and the sector’s rising total value locked has traders hopeful that a prolonged rally will take place. 1373 Total views 7 Total shares Decentralized finance (DeFi) was one of the main factors that pushed the crypto market higher throughout 2021 and to date, platforms like Uniswap (UNI), SushiSwap (SUSHI)…

Telefónica, Deutsche Telekom and Vodafone Use Blockchain for Roaming Settlement
Three global industry leaders in telecommunications — Spain’s Telefónica, Deutsche Telekom, and British provider Vodafone — have jointly finalized a trial blockchain solution for the settlement of roaming discount agreements. Developed by blockchain startup Clear, the solution is expected to reduce capital costs for telcos, support faster revenue recognition, and provide more efficient settlement for their…

Security Token Offerings: The Next Big Thing in Fintech
For businesses about to embark on periods of rapid growth, access to capital is essential. That said, traditional methods of fundraising sometimes leave a lot to be desired. Initial public offerings can help boost the profile of fledgling brands, but they are often costly — with middlemen taking a sizeable cut out of the money…