SBF maintains his innocence as he trades rice in jail
FTX co-founder Sam Bankman-Fried gave his first in-person media interview since being locked up, saying he’s gotten “good at faking” that he’s doing well.
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Walmart is Trying to Patent Its Own ‘Libra’ Like Digital Currency
A new patent filing suggests that United States retail giant Walmart may be developing its own U.S. dollar-backed digital currency similar to Facebook’s Libra cryptocurrency. Walmart filed patent for “Digital Currency via Blockchain”Patent filing number 20190236564, “System and Method for Digital Currency via Blockchain,” was published by the U.S. Patent and Trademark Office (USPTO) on Aug.…
Users flock to Curve amid lack of stablecoin liquidity on major DEXs
A concentration of stablecoins on a handful of platforms has drained liquidity from others. 404 Total views 22 Total shares In a Tweet posted by user @cryptotutor Friday, a screenshot appears to show a 27% spread between stablecoin Magic Internet Money (MIM) and USD Coin (USDC) trading pair on decentralized exchange, or DEX, Uniswap (UNI).…
Aussie crypto exchange CoinJar partners with Mastercard for crypto cards
CoinJar Card will be made available through digital and physical cards and currently supports fiat-like transactions for 30 cryptocurrencies. 278 Total views 208 Total shares Mastercard has been making headlines consistently as it ramps up efforts to offer crypto services across the globe. In the latest partnership with CoinJar, Mastercard will enable the Australian market…
Binance says it ‘continues to serve’ Belgian users via Poland entity
In June, Belgium’s financial regulator ordered Binance to stop offering crypto exchange and custody wallet services, citing violations of the country’s AML and CFT requirements. 96 Total views 1 Total shares After an order from the Belgian Financial Services and Markets Authority (FSMA), crypto exchange Binance announced its Poland entity would be providing services to…
Allowing Coinbase to go public was not a ‘blessing’ of the business: SEC
The U.S. Securities and Exchange Commission (SEC) has argued in court that approving a firm's S-1 application to go public, does not represent a “blessing” from the agency, nor provide a verification that the business is regulatory compliant. In the interest of transparency, here is the transcript from our hearing yesterday in the SDNY case…
Bitcoin Price: 2 Key Indicators Hint that a Bear Market Is in the Cards
Last week was a tough week for Bitcoin (BTC) as sentiment shifted from bullish to bearish after the price fell from just under $10,000 to below $8,000 in a matter of hours on Sept. 24. After a brief bounce, Bitcoin hovered around $8,400 for 48-hours before the final drop to $7,740 came. This produced a storm…
Tether also confirms its throwing weight behind the post-Merge Ethereum
We believe that a smooth transition is essential for the long-term health of the DeFi ecosystem and its platforms, including those using our tokens,” Tether stated. 314 Total views 5 Total shares Hot on the heels of an official announcement from USD Coin (USDC) issuer Circle Pay, stablecoin giant Tether has now also officially confirmed…
National Bank of Canada Pilots Blockchain to Combat ‘Complex’ Processes
A major Canadian commercial bank will use blockchain to simplify the process banks use to issue transactions, a press release confirmed Oct. 21.In partnership with IT and business consulting services firm CGI and blockchain startup Skuchain, the National Bank of Canada (NBC) plans to leverage smart contracts in order to replace current email-based procedures.Its solution…