Microsoft Windows data blackout downs major financial firms, airlines
Global Microsoft Windows failure possibly linked to a CrowdStrike software update has disrupted critical services worldwide, hitting banks with widespread online banking outages and grounding flights.
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Coinbase Investor and Fundstrat Analyst Explain Why Goldman Sachs Is Incorrectly Assessing Bitcoin
Here’s why Goldman’s approach to Bitcoin is ‘stale’ and ‘hasn’t evolved much.’ 1620 Total views 39 Total shares A leaked slide from a client meeting shows Goldman Sachs does not believe Bitcoin is an asset class. Coinbase angel investor Seth Ginns and Fundstrat analyst David Grider explain why Goldman continues to hold this antiquated position.Ginns…
Bitcoin Price Must Flip This Level Into Support to Avoid a Drop to $7.4K
Bitcoin price continues to consolidate near a key support but a close above $9,400 is needed to avoid a sharper correction. 334 Total views 4 Total shares Over the weekend Bitcoin price (BTC) dropped below $9,000 for the second time in 7 days but the weekly close was relatively uneventful. As covered by Cointelegraph, buyers…
Traditional finance has much to learn from new entrant DeFi
Incumbents in traditional capital markets, as well as new entrants looking to capture market share, should heed the innovations within the crypto ecosystem collectively known as decentralized finance, or DeFi. These innovations present a model for the direction that traditional capital markets are likely to take in the coming years as regulation catches up with…
Crypto Advocacy Center Says Proposed UK AML Regulations Violate Privacy Rights
Coin Center — a nonprofit research and advocacy center focused on crypto-related public policy issues — has urged Her Majesty’s Treasury not to over-broaden the scope of the United Kingdom’s anti-money laundering/counter terrorism financing (AML/CFT) regulations.The development was revealed in an official Coin Center news release published on June 10.Coin Center’s central concern regards HM…
Flare proposes new bridge to allow XRP to be used on Ethereum
The Flare Network plans to build a new two-way bridge connecting XRP to the Ethereum ecosystem. On Aug 26, Ripple (XRP) partner Flare Networks revealed details of a proposed new bridge connecting XRP with the Ethereum (ETH) blockchain. Ripple’s CEO Brad Garlinghouse and the XRP Army have expressed support for the first two-way bridge to…
US Bitcoin ETFs see record $17B in net inflows
The consistent inflows into Bitcoin spot ETFs signal a robust and growing demand for regulated Bitcoin investment vehicles.
Ethereum Shapella upgrade gets new date, making way for un-staking ETH
The upgrade is only for the Sepolia network and a subsequent upgrade for Goerli network would be introduced in March. 128 Total views 16 Total shares Own this piece of history Collect this article as an NFTEthereum core developer Tim Beiko announced the Shapella (Shanghai/Capella) upgrade is scheduled for Feb. 28. The Shapella network upgrade…
Behind Ripple’s Regulation Call: ‘Do Not Paint Us With a Broad Brush’
Ripple, whose business is built on providing financial institutions with an infrastructure to facilitate international payments and currency trades, has always been a more likely ally to governments and regulators than most other major blockchain projects and cryptocurrencies. Seeking to enhance rather than disrupt the operations of the legacy financial industry, the company has been…