Sky reevaluates plan to offboard WBTC following discussion with BitGo CEO
BA Labs, an advisor to DeFi lender Sky, says its concerns with Tron founder Justin Sun’s involvement in the custody of the Wrapped Bitcoin token have been addressed and new recommendations will be put to a vote on Oct. 3.
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SEC approves Grayscale Bitcoin Mini Trust for Trading on NYSE Arca
Grayscale must await final regulatory signoff on its registration filing before listing the fund

Brazil’s PIX Payments System Has the Same Spirit, but Not a Blockchain Structure
The Central Bank of Brazil made some waves last week with its new instant payment system. While not blockchain-based, the new system, dubbed PIX, nevertheless is imbued with some of blockchain’s core attributes.Money transfers have historically been slow, cumbersome and expensive. For example, Bank A takes its fee when a payment is sent and Bank…

For the long haul? When Bitcoin nosedived, institutions held fast
Mid-May’s price plunge was one of crypto’s wildest pullbacks in recent years, a tumble that eliminated nearly $1 trillion from crypto’s market value. The industry had soared to new heights a month earlier, with Bitcoin (BTC) reaching almost $64,000, driven in good part by institutional investors. Now that some calm has returned to the market, bears…

Binance gives security assurances in Philippine senate banking committee hearing
Binance is seeking licensing to establish a presence in the Philippines ahead of a moratorium and providing educational resources for future traders and blockchain developers. 326 Total views 19 Total shares Binance representatives participated in a hearing of the Philippine Senate Banking Committee, according to a report in the local press Wednesday. Bangko Sentral ng…

Paxful Launches Peer-to-Peer Trading Between Gold and Bitcoin
Peer-to-peer (P2P) cryptocurrency marketplace Paxful announced the introduction of support for trade between gold and Bitcoin (BTC) on the platform on April 7.With the announcement, Paxful now facilitates physical trading in 16 different countries.Cointelegraph spoke to Paxful CEO and Founder Ray Youssef, who attributed the decision to support gold to “surprisingly high” customer demand.When a…

What can blockchain do for increasing human longevity?
The nascent longevity industry focuses on the research and implementation of solutions and technologies to extend the lifespan of human beings — making people live healthier, longer lives.Longevity is not yet considered an official medical term, and aging is not officially considered a disease but a natural occurrence in every living thing. However, some biologists,…

OpenSea collector fat fingers a 100 ETH bid for a free NFT
Some pundits have argued the trader mistakenly put up a bid for 100 ETH which was quickly snapped up, while others believe the sale was a wash trade. 138 Total views 1 Total shares Own this piece of history Collect this article as an NFTA nonfungible token (NFT) trader has seemingly fat-fingered a trade for…

Americans ‘frustrated’ by financial system inequality, 20% own crypto: Survey
Crypto ownership among U.S. adults has remained steady over the last 12 months, with a large portion seemingly "frustrated" by the one-sided global financial system. 321 Total views 1 Total shares Own this piece of history Collect this article as an NFTA whopping 80% of American adults believe the financial system favors those with “powerful…