Robinhood, Revolut eye entry into stablecoin market — Report
Both Robinhood and Revolut are reportedly considering issuing their own stablecoins as the industry continues to expand.
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As the appeal of cryptocurrency has grown, so has the opportunity for scammers to part naive investors from their money. 2019 has been no exception, with cryptocurrency and blockchain forensics company Ciphertrace dubbing it “the year of the exit scam.” Exit scams are not a new phenomenon, with a 2018 report conducted by Statis Group revealing…

DeFi devs may save months of work with OpenZeppelin’s operations platform
Defender simplifies the task of deploying and administering smart contracts. 2435 Total views 15 Total shares OpenZeppelin, a blockchain software company known for developing one of the most used implementations of the Ethereum ERC-20 contract, announced on Tuesday the release of a developer suite called Defender.The tool helps automate many of the development operations associated…

South Korea’s unique and amazing crypto universe
by Andrew Fenton 10 min November 29, 2022 “There’s this whole other side of crypto that we just don’t hear about that’s based on Asian culture. And that’s all originating in South Korea.” Maybe it’s the language barrier, or the walls authorities have set up to prevent money from leaving the country. But whatever it…

NFT collections take massive price hit in 2023: Nifty Newsletter, May 24–30
In this week’s newsletter, read about some of the most popular nonfungible token (NFT) collections and top metaverse properties taking massive price hits in 2023. Check out how the Hong Kong Police Force launched its own metaverse platform, and how Reddit’s digital collectibles have managed to onboard almost 10 million users to the crypto and…

Chinese State-Owned Aerospace Firm Turns to Blockchain to Manage Billions of Invoices
The state-owned China Aerospace Science and Industry Corporation Ltd. is turning to blockchain technology to innovate its unwieldy electronic invoice system, according to an announcement republished on a government site August 13. The article, from official state newspaper People’s Daily, was posted yesterday by the State Administration of Science, Technology and Industry for National Defence…

Russia legalizes Bitcoin and cryptocurrency mining
Russia explores other forms of international trade settlement following US sanctions blocking it from the SWIFT interbank messaging system.

Bitcoin headed for breakout or breakdown? Analysts weigh in
Analysts say upcoming rate cuts could be a boon for Bitcoin’s price action but the market is still in “wait and see” mode.

Fed Chair on CBDC: ‘We Need to Understand It First and Best’ — But Is He Too Late?
The Fed is looking at issuing a central bank digital currency, but can’t point to any concrete progress. 2384 Total views 47 Total shares In a hearing on June 17 before the House Committee on Financial Services, Chairman of the Federal Reserve Jerome Powell got into an exchange with Representative Tom Emmer (R-MN) over the…