Sky reevaluates plan to offboard WBTC following discussion with BitGo CEO

September 25, 2024
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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.

The ex-White House communications director sees a big move for BTC in the next 5 to 10 years. 923 Total views 5 Total shares Just two days after filing a Form D exemption with the U.S. Securities and Exchange Commission, Anthony Scaramucci’s hedge fund, Skybridge Capital, has launched its proposed Bitcoin (BTC) fund.In a Dec.…

Chinese Ecommerce Giant Opens Institute for Building ‘Smart Cities’ With Blockchain and AI

A division of Chinese e-commerce giant JD.com, JD Finance, has established the Smart City Research Institute at its headquarters in Nanjing, reported People’s Daily September 28.Jingdong Group (JD.com) is a Chinese e-commerce company that focuses on new technological implementation in e-commerce, logistics, and finance. With the new Institute, JD.com aims to facilitate the development of…

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Fortune favors the brand: Why crypto marketing fails to live up to hype

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Blockchain Tech Could Help Tackle Coronavirus, Says Expert

An academic at the University of Hong Kong claims that blockchain and AI-driven strategies should be implemented to better tackle responses to the coronavirus epidemic. Syren Johnstone — executive director of the master in laws (compliance and regulation) program at the University of Hong Kong — published a post for the Oxford University Faculty of Law…

El Salvador says merchants must process BTC transactions — or they may face action

A Salvadoran government official has said that while businesses must accept BTC transactions, they can choose whether to receive BTC or USD upon settling transactions. 956 Total views 6 Total shares In an interview with local media, Javier Argueta, the legal counsel to the Presidential House of El Salvador, clarified the obligations of businesses the…

Auction giant Sotheby’s to accept BTC and ETH as payment via Coinbase

Bitcoin and Ether will bring the next step of Sotheby’s crypto adoption after the firm debuted NFTs earlier this year, its CEO said. 1835 Total views 12 Total shares Sotheby’s, one of the world’s oldest and biggest auction houses, has announced that it will be accepting major cryptocurrencies as a new payment method at an…

'Bitcoin' search volume drops to a yearly low, while 'memecoin' surges

Memecoins experienced double-digit gains during September 2024, primarily driven by new token creation on the Solana and Tron networks.

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Vega Protocol retires chain and token after near unanimous vote

The community will now move forward with proposals supporting the development of its core protocol software.

Bitcoin centralized by corporate giants should not be feared – Michael Saylor

During a recent podcast interview, Michael Saylor explained that Bitcoin being bought and centralized by corporations should not be feared. He also outlined three main reasons driving the need for custodians. 247 Total views 1 Total shares During a recent podcast interview, MicroStrategy’s Michael Saylor expressed the opinion that large corporations purchasing and then proceeding…

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