Rising BTC transaction fees are a good thing, Bitcoin educator shares
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Fed’s Lael Brainard hints at US playing a lead role in development of CBDCs
“A U.S. CBDC may be one ... way to ensure that people ... can ... rely on ... U.S. currency to ... conduct business," said Brainard. 188 Total views 12 Total shares Lael Brainard, a member of the Federal Reserve’s Board of Governors, encouraged the United States to be a leader in research and policy…

California Giant Berry Farms Joins IBM Food Trust Blockchain Tracking System
U.S. berry producer California Giant Berry Farms joined the blockchain-based food tracking solution IBM Food Trust. 816 Total views 32 Total shares U.S. berry producer California Giant Berry Farms joined the blockchain-based food tracking solution IBM Food Trust.Fruit and vegetable news outlet The Packer reported on May 17 that California Giant will use a blockchain…

South Korean regulators tell banks to open the books on cryptocurrency exchanges
Authorities are looking to tighten their grip on the cryptocurrency industry. 1298 Total views 16 Total shares Financial regulators in South Korea have asked banks to provide information on their dealings with cryptocurrency firms, a local outlet reported on Wednesday, as authorities seek to determine how many cryptocurrency exchanges operate within the country’s borders. An…

DeFi aggregator 1inch stages new ‘vampire airdrop’ to Uniswap users
The 1inch.exchange protocol, a platform that aggregates decentralized exchanges and provides its own automated market maker, is airdropping a new stash of its 1INCH tokens.The airdrop follows the initial generation of the new tokens on Christmas, which were distributed to past users of the aggregator. A common point of contention for the initial airdrop was…

Blockstream Mining issues hashrate-backed security token in fundraise
Blockstream is essentially selling four-year claims on the proceeds from its Bitcoin mining operations in exchange for funding.

Crypto payments: PayPal’s stablecoin ripple effect on markets
PayPal’s introduction of its native stablecoin, PayPal USD (PYUSD), has sparked heated debates within the crypto industry regarding its possible sway on payments and wider crypto adoption. While this step seems to be a big jump toward accepting cryptocurrencies in regular finance, some industry observers advise caution. They underline the hurdles and limitations that could

Do Kwon gets 4 months in prison in Montenegro on fake passport charges
Terraform Labs founder sentenced to four months in jail after being found guilty of using a false Costa Rican passport. 232 Total views 4 Total shares Terraform Labs founder Do Kwon has been found guilty of using a false passport by a court in Montenegro and has been sentenced to four months in prison.Kwon’s colleague…

US Supreme Court knocks back case over $4.4B Silk Road Bitcoin
The top court in the US won’t hear Battle Born Investments’ case claiming it purchased rights to 69,370 Bitcoin seized by the US from the online black market Silk Road.