Robinhood, Kraken, Paxos launch Global Dollar stablecoin network
A swathe of major firms from traditional finance have partnered to launch the Global Dollar Network, a regulation-compliant network designed to accelerate the adoption of stablecoins.
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Bitcoin ETF excitement returns as BTC price nears $37K
Bitcoin (BTC) neared $37,000 on Nov. 9 as a fresh BTC price surge appeared to take traders by surprise.BTC/USD 1-hour chart. Source: TradingViewU.S. "carrying" Bitcoin upsideData from Cointelegraph Markets Pro and TradingView showed BTC/USD passing $36,000 after the daily close.The pair went on to reach $36,864 on Bitstamp, making its highest level since early May
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Tax ‘Fugitive’ and Crypto Bull John McAfee Announces New Privacy Coin
Famed computer programmer, eccentric and cryptocurrency advocate John McAfee has announced that he is working on a privacy coin called Ghost.On April 11, McAfee tweeted that Ghost will be underpinned by a Proof-of-Stake algorithm, and will be tradable against leading cryptocurrencies via atomic swaps on the McAfeeDex decentralized exchange.“With a DEX/privacy coin combo we now…
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Venezuela’s New Petro-Backed National Currency to Start Circulating in August
The president of Venezuela Nicolás Maduro has announced that the country’s new cryptocurrency-backed national currency will start circulating August 20, local state news agency Telesur reported July 25. Telesur reports that the new currency, the Bolívar Soberano (Sovereign Bolivar), will have five zeros less than the existing national currency Bolivar Fuerte (VEF) and will be…
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Tesla’s Bitcoin losses rise to $170M in first 9 months of 2022
The electric vehicle maker's actual BTC losses are far lower with $64 million worth of previously realized profits to offset the decline. 261 Total views 2 Total shares According to Tesla's latest Q3 earnings report filed with the United States Securities and Exchange Commission, the electric vehicle (EV) manufacturer disclosed that it had invested a…
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Adobe rival Procreate bets against gen AI to support human creativity
In stark contrast to mainstream competitors, Procreate has said it would not use Gen AI features in its products to protect artists.
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New ‘overlay attacks’ are a growing threat to crypto users — security CEO
The attackers are creating fake overlays to trick users into providing login credentials for financial services apps, including potentially for crypto exchanges.
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Investment app Betterment still not ready to offer crypto services, says CEO
After posting record-breaking growth in Q1 2021, digital wealth platform Betterment is still studying whether it needs to add crypto to its services. 1325 Total views 12 Total shares Betterment, a major financial advisory company providing robo-advising and cash management services, has not yet decided whether it will introduce cryptocurrencies to its platform.Betterment is still…
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Spot Ether ETFs will come down to a 5-person vote: Gensler the decider?
It was speculated that Gensler’s vote secured the launch of spot Bitcoin ETFs in January — and the same five commissioners are set to vote on Ether ETFs this week.