Ripple co-founder leads $10M raise for decentralized clearing

Top Stories This WeekPayPal Invests in Digital Identity-Focused Blockchain Startup in Apparent FirstGlobal online payments firm PayPal has invested in startup Cambridge Blockchain, a firm that focuses on leveraging the tech in order to give users more control over their digital identities. The investment, whose amount is undisclosed, is part of an extension to a…

The financial services company has managed the Treasury portfolio for stablecoin issuer Tether since 2021.

The special purpose acquisition company deal, first reported in August 2022, cost $885 million and is expected to allow investors exposure to Bitcoin Depot’s common stock. Bitcoin Depot, one of the largest cryptocurrency ATM firms in the United States, has announced the closing of a merger deal allowing the company to go public.In a June…

Powers On... is a monthly opinion column from Marc Powers, who spent much of his 40-year legal career working with complex securities-related cases in the United States after a stint with the SEC. He is now an Adjunct Professor at Florida International University School of Law, where he teaches a course on 'Blockchain, Crypto and…

The Nigerian central bank digital currency was originally slated for launch earlier this month but was delayed. 498 Total views 5 Total shares Nigerian President Muhammadu Buhari is set to officially introduced the country's central bank digital currency (CBDC), the eNaira.The Central Bank of Nigeria (CBN) has published a document in which it reaffirmed its…

Collectors will now have to seek out Damien Hirst’s NFTs on secondary markets after the drop was oversubscribed by more than six times. Leading contemporary artist Damien Hirst’s NFT drop dubbed “The Currency” has been oversubscribed by more than six times. The Currency drop consists of 10,000 unique colorful dot pattern artworks with a corresponding…

Tony Yates, the former senior advisor of the Bank of England, argues that CBDCs are not worth the headache. 580 Total views 2 Total shares Own this piece of history Collect this article as an NFTCentral banks worldwide are pushing forward with digital asset projects despite the various crypto industry implosions over the past 12…

The United States has extradited a Swedish national from Thailand for allegedly selling fraudulent securities to investors online, garnering over $11 million worth of Bitcoin (BTC).Per a press release from the U.S. Department of Justice (DoJ) published on Nov. 18, Roger Nils-Jonas Karlsson is on his way to the U.S. to stand trial on behalf…

Bitcoin (BTC) is expected to dip as low as $32,500 in the short term after several crucial support levels faded to nothing on April 23.BTC/USD hit lows not seen since early March on Friday, as analysts line up their prognoses — and buy orders — in the latest Bitcoin price correction.Brandt plans to buy Bitcoin…