Sen. Warren to be top Democrat on committee crucial for crypto policy

Bitcoin demand among United States investors surged after the Federal Reserve confirmed its intentions to lower interest rates.

The Frax community recently approved a proposal to make its FEI stablecoin fully backed by USD equivalents, rather than maintaining a partially backed and semi algorithmic stablecoin. With Frax’s decision, the days of experimentation with algorithmic stablecoins could finally be behind us.The decentralized stablecoin space has only proved effective with ETH, USDC and BTC backed…

The Chairman of Security and Exchange Board of India(SEBI), Ajay Tyagi makes a bet on blockchain technology and urges exploration of the best possible usage of blockchain in securities markets.SEBI is the regulator of the Indian securities market. On Jan 23, speaking at a research conference on 'Changing Landscape of Securities Market' organized by the…

Bitcoin (BTC) has been leading the current crypto rally for the past few weeks and this has boosted its dominance from 56% on Sep. 3 to 67% on Nov. 18. However, as Bitcoin nears its all-time high, it seems to be losing momentum as the action shifts to the altcoins. This has pulled Bitcoin’s dominance…

Boeing has partnered with multinational aerospace conglomerate Honeywell to use its GoDirect platform to track and sell $1 billion worth of excess airplane parts using blockchain technology.The partnership was revealed at the Hyperledger Global Forum 2020 in Arizona. Lisa Butters, the general manager of Honeywell, stated that the parts were uploaded to the GoDirect Trade…

The Chicago-based derivatives market launched its Micro Bitcoin futures product in early May, providing investors with smaller positioning opportunities. 585 Total views 1 Total shares Institutional exposure to cryptocurrencies via derivatives continued to grow in the second quarter, as CME Group’s newly launched Bitcoin (BTC) micro contract received considerable uptick in its first two months…

Windows users must be wary. 2318 Total views 26 Total shares In a tweet, Microsoft Security Intelligence (MSI) warned cryptocurrency owners who are also Windows users on August 27 that their funds in crypto wallets might be in danger because of a new malware.The new malware, called Anubis, seems to use code forked from Loki.…

The seamless flow of capital between borrowers and lenders is a key aspect of a vibrant economy. Anyone with an extra asset can lend it to put their idle capital to work, while people needing it to grow business or meet operational costs can easily access it.Money markets are the platforms where borrowers and lenders…