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Goldman Sachs Leads $25 Million Funding Round for Blockchain Payments Startup Veem
U.S.-based banking giant Goldman Sachs has led a $25 million strategic funding round for blockchain payments startup Veem, with participation also confirmed to Cointelegraph from Silicon Valley Bank on September 27.Veem, which utilizes digital ledger technology to increase the efficiency of small business payments, noted in their press release that the funding round also received…

Tether Redeems and ‘Burns’ More than Half of USDT in Circulation
Tether, issuer of stablecoin USDT, says it has “redeemed a significant amount” of tokens from the circulating supply and will now “destroy” 500 million USDT from the Tether treasury wallet, in an official post published Oct. 24.According to the firm, this will leave 446 million USDT remaining in its treasury in preparation for future USDT…

Federal Reserve official: Stablecoin growth is ‘exponential,’ deserves ‘attention’
Boston Federal Reserve President Eric Rosengren notes that Tether could be a "disruptor" to short term credit markets. 722 Total views 2 Total shares While a presentation yesterday from Boston Federal Reserve President Eric Rosengren has some members of cryptoTwitter spooked at the idea of regulation and oversight, the central bank might simply be pondering…

South Korea Forms Task Force for Central Bank Digital Currency Research
South Korea's central bank, the Bank of Korea (BOK), plans to organize a task force dedicated to central bank digital currency (CBDC) research in the new year.In its “Monetary Policy for 2020” brief, published on Dec. 27, BOK said it would continue to build on its existing research into distributed ledger technology, crypto assets, and…

Low Adoption Puts Bitcoin Price ‘Expectations’ at Risk — Peter Brandt
As prices stick around $7,000, Brandt appeared to get cold feet over the still marginal role that Bitcoin has in the corporate realm. 1373 Total views 38 Total shares Bitcoin (BTC) may not be “living up to expectations,” one of its best-known supporters from the finance world has warned as prices stagnate.In a Twitter discussion…

Vitalik Buterin in ‘wartime mode’ tops KOL mindshare as he slams ETH critics
Data shows the Ethereum co-founder has nabbed the highest share of “KOL mindshare” on X this week, posting about Ethereum’s roadmap and defending from Ethereum critics.

CleanSpark still to restore 165MW in aftermath of Hurricane Helene
The massive category 4 hurricane has killed at least 137 people, and many more are still missing — while millions of homes and businesses remain without power.

7 blockchain project ideas for women
Blockchain technology can serve as a transformative tool for empowering women in all socio-economic situations worldwide. Both current blockchain trends and future blockchain applications unveil that blockchain poses significant opportunities for women around the world. There are many inequalities between men and women in terms of work, financial capabilities and rights. In their broadest sense,…