Real-word asset tokens can stabilize DeFi — Market observers

Facebook’s crypto wallet has been shot down by banking committee senators just hours after it launched a pilot. 1429 Total views 4 Total shares Five Senators have called for the immediate closure of Facebook’s new crypto wallet just hours after it was launched in partnership with Coinbase.Crypto skeptic Senator Elizabeth Warren was one of the…

The majority shares of the new combined holding company called Coincheck Group, N.V would be owned by Coincheck’s parent company Monex Group Inc. Coincheck Inc., a Japan-based crypto exchange with over 1.5 million verified customers, is eyeing Nasdaq listing after a special purpose acquisition company (SPAC) merger with Thunder Bridge Capital Partners IV, Inc.The combined holding…

Bitcoin (BTC) will have a 5% market share of the entire world by 2023, serial VC investor Tim Draper told FOX Business in an interview on May 10.Speaking on the sidelines of the Salt Conference in Las Vegas, Draper — who has become a stalwart bitcoin advocate — said the largest cryptocurrency would continue to…

Toshi, the open source decentralized app (DApp) browser and wallet developed by Coinbase, is now going native to become “Coinbase Wallet,” according to an official Medium post published August 15. The exchange presents the move as more than just a rebranding exercise, suggesting that the wallet will develop over time to offer more functionality than…

A company has released the beta version of its cryptocurrency mining platform – the first iteration of “simple to setup, highly automated” software that is aimed to appeal to newbies and seasoned professionals alike.Cudo Miner says its offering is a GUI miner, which in other words is a graphic frontend for its interface. Its accessible…

It’s time to move on from the Bored Ape Yacht Club. They’re bad for nonfungible tokens (NFTs). They give critics ammo and distract from the technology, which is where the real value lies. For those on the outside looking in, NFTs are nothing more than overpriced monkey JPEGs. Or whichever choice of animated animal profile picture…

The past few months have been painful for Bitcoin (BTC) bulls, but they are not alone. The United States Federal Reserve’s tightening economy policy has led investors to seek protection in cash positions and inflation-protected bonds. Surging inflation and recession signals have caused the S&P 500 stock market index to retreat 19% year-to-date. Even gold —…

Fintech firm Ripple is garnering more support from the crypto and finance industry in its ongoing battle with the United States Securities and Exchange Commission (SEC).On Nov. 4, Ripple chief executive Brad Garlinghouse proudly tweeted that the number of companies, developers, exchanges, associations, and investors officially supporting the firm has reached 12.The pile of amicus…