PayPal taps Xoom for cross-border stablecoin payments

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

The former chief economist of the International Monetary Fund (IMF) has characterized Bitcoin (BTC) as “a lottery ticket,” in an article for major United Kingdom daily broadsheet The Guardian Dec. 10.Writing in the midst of the recent crypto market price collapse, current Harvard University Professor of Economics and Public Policy Kenneth Rogoff suggested that the…

The artificial intelligence art gold rush began around 2018 when Christie’s auctioned “Portrait of Edmond Belamy” for an astounding $432,500. Since then, it has been an up-only journey for AI-generated images. “Théâtre D’opéra Spatial,” Jason Allen’s AI artwork, even won a prize at the Colorado State Fair art competition. This shows how AI-generated images have…

We are in an unprecedented period of social, political and economic turmoil. As the decentralized financial infrastructure powering billions of dollars of value and building thousands of companies grows, we need to recognize instability around us. The systems, protocols and incentives we create now can be less susceptible to censorship, government overreach and misinformation.Ethereum 2.0’s…

Last Friday night, crypto YouTuber Ivan on Tech messaged me on Twitter. Shortly into our conversation, he graciously offered me an investment opportunity in “Bitcoin trading/mining”, courtesy of a platform that he alleged was associated with Binance. A tale of two Ivans; the real one is on the left. Source: Twitter.In reality, however, I was being…

Several major crypto and traditional finance companies have replied to the United States Commodity Futures Trading Commission’s (CFTC) request on crypto asset mechanics as late as Feb. 25.The CFTC published its inquiry in late December 2018. In it, the regulator’s LabCFTC initiative, focused on fintech innovations, sought public comments on the main principles of the…

Bitcoin (BTC) swapped bullish gains for chop into Jan. 31 as the end of the month saw nervous price action.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView$46 million of longs liquidatedData from Cointelegraph Markets Pro and TradingView tracked a less confident BTC/USD as it briefly wicked to just above $22,500 on Bitstamp overnight.A rebound saw the…

Bitcoin’s (BTC) price broke through the crucial level at $40,500 as news of Tesla adding $1.5 billion in Bitcoin to their balance sheet. This news event pushed the price to new all-time highs, putting the next major resistance level at $50,000. What's more, other cryptocurrencies are accelerating left and right as the landscape is ideal for…