SEC files opening brief in its appeal against Ripple over XRP
The securities regulator wants an appeals court to rule that XRP tokens sold to retail investors were unregistered securities, the latest in its years-long case against Ripple Labs.
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Deloitte on a crypto hiring spree, reveals LinkedIn job postings
Deloitte highlights its commitment to Web3 and crypto through its intent to hire cryptocurrency experts to join its team, with over 300 positions posted on LinkedIn. 190 Total views 1 Total shares Own this piece of history Collect this article as an NFTAccording to the latest updates on LinkedIn, Big Four accounting firm Deloitte —…
Jamie Dimon Says JPM Coin Could Eventually Find Consumer Use
JPMorgan Chase CEO Jamie Dimon has said that the company’s new cryptocurrency JPM Coin could have a consumer use one day, CNBC reported on Feb. 26.During a question-and-answer session, Dimon reportedly stated that “JP Morgan Coin could be internal, could be commercial, it could one day be consumer.” The coin would purportedly find its use…
MIT Digital Currency Initiative introduces at-scale, programmable CBDC platform
PARSEC (Parallelized Architecture for Scalably Executing Smart Contracts) runs on the ERC-20 standard, so it could have other applications too. 137 Total views 1 Total shares The Massachusetts Institute of Technology (MIT) Digital Currency Initiative (DCI) has introduced the experimental Parallelized Architecture for Scalably Executing Smart Contracts (PARSEC) platform. The platform is open-source and developed…
FSB wants more data to measure risks of Bitcoin, stablecoins, DeFi
Crypto market data reporting needs global standards to enable proper risk assessment, the FSB declared. 320 Total views 15 Total shares The Financial Stability Board (FSB), a global financial authority funded by the Bank for International Settlements, has released a new report on the financial stability risks associated with cryptocurrencies.Published on Wednesday, the 30-page study…
Arcane Research predicts 700 million Lightning Network users by 2030
The research unit of Arcane Crypto predicts the Lightning Network will go parabolic as adoption of the Bitcoin layer-two payment protocol ramps up over the decade. Arcane Research published the “State of Lightning” report on Oct. 5, and analyzed the Lightning Network in terms of current capacity, wallet payment volume, the growing rate of adoption,…
Who Got Gifts from Crypto Santa in 2019… and Who Got Coal
On Christmas Eve, Crypto Claus did his rounds after checking the list to see who was naughty and nice. But who got some lovely presents after making a positive impact in 2019 — and who got coal for setting the industry back? Here, we take a look at the people and businesses who have had…
TeraWulf Bitcoin production falls 21% in Q2, looks to AI expansion
Bitcoin miner TeraWulf mined 699 Bitcoin in Q2 — a 21% year-over-year decline — but still beat analyst expectations with $35.6 million in quarterly revenue.
‘Massive’ — BuilderNet aims to solve Ethereum’s centralized block problem
Ethereum block builders Beaverbuild and Titan Builder have made around 88% of the blockchain’s blocks in recent weeks, and now BuilderNet aims to disrupt that.