Reddit offloads most of its Bitcoin, Ether holdings
The bulk of Reddit’s cryptocurrency sales came from Bitcoin and Ether holdings, with the company reporting that gains from transactions were insignificant.
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China: Blockchain Group From Three Telecoms Giants Begins Exploring Use Cases
China’s three major telecoms operators launched a blockchain research group, which has held its first meeting, local media outlet Fintech News reports July 23. The product of China Mobile, China Unicom and China Telecom, the group involves a total of twenty experts from eight companies including Huawei, Union Mobile, and Financial Technology (UMF). The aim,…
Former CFTC Chair to Remain Focused on Crypto and Blockchain at New Law Firm
Former United States Commodity Futures Trading Commission (CFTC) chairman Chris Giancarlo was hired as senior counsel at the New York-based law firm Willkie Farr & Gallagher.Digitize the dollar and take power away from central banksOn Dec. 2, Reuters reported that Giancarlo in his new role at Willkie Farr & Gallagher will continue to focus on…
Price analysis 12/26: SPX, DXY, BTC, ETH, BNB, XRP, DOGE, ADA, MATIC, DOT
The cryptocurrency markets are trading at record low volatility as investors have largely stayed away during the holiday season. That could be because investors are unsure about the cryptocurrencies that could lead the next bull run.Cumberland senior research analyst Steven Goulden said in a “Year in Review” report that he expects four “emerging narratives” to…
Publicly-Listed Firm Files Patent to Put Cannabis on the Blockchain
Australian Securities Exchange-listed firm Security Matters has filed a patent application in the United States for a blockchain system to securely manage the cannabis supply chain.The proposed system could be applied to mark, track and manage the supply chain for cannabis plants, products and cannabis-derived ingredients, ZDNet reported on Sept. 3.Cannabis on the blockchainSecurity Matters…
MyEtherWallet Latest to Enter DeFi Arena With Integration on Aave and Ren
Ethereum’s oldest user-friendly wallet is staking territory in DeFi. MyEtherWallet is expanding its integrations with decentralized finance through its dedicated wallet communication tool, MEWconnect.On Thursday, the project announced an integration with Aave and Ren, which marks the first time that third parties are using the MEWconnect technology. MEWconnect is a wallet linking system developed specifically for…
John Deaton vows to fight federal CBDC, calls it ’a hill to die on’
John Deaton has discussed his stance on US Federal Reserve CBDCs, regulatory clarity and government accountability in his Senate run.
Crypto News From the Spanish-Speaking World: Oct. 13–19 in Review
The Spanish-speaking world has seen another week of major cryptocurrency and blockchain developments with the Mexican government announcing a new alliance to support the development of blockchain initiatives.Here is the past week of crypto and blockchain news in review, as originally reported by Cointelegraph en Español.Mexican government announces an alliance to support local blockchain developmentOn…
Italian Government Introduces Blockchain Terms in Regulation for First Time
The Italian Senate committee has approved an amendment on blockchain industry regulation, Cointelegraph Italia reports on Jan. 24.The amendment, known as the “Decreto semplificazioni,” has been approved by the Senate committees of Constitutional Affairs and Public Works yesterday, Jan. 23, and reportedly represents the first regulatory move in the blockchain space by the Italian government.The…