Solana ETF in the works: 3iQ files for new ETP in Canada
The Solana product, QSOL, seeks to provide shareholders with staking yield accrued from the Solana network.
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Jack Dorsey leaves board of decentralized social network Bluesky
Jack Dorsey backed and funded Bluesky when he was Twitter’s CEO; now, he’s left the board of the social network, and it's searching for a replacement.
Bitcoin Lightning Network vs Visa and Mastercard: How do they stack up?
Bitcoin (BTC) changed the world as a decentralized and non-governmental form of currency that can facilitate peer-to-peer (P2P) transactions that transcend national borders. But, despite this functionality, Bitcoin’s role as a payment mechanism has been called into question due to its low transaction throughput.The Bitcoin blockchain can handle up to seven transactions per second, which means…
OCC makes its staff available for fintech-related discussions
The announcement of one-on-one discussions with the OCC followed the department saying it planned to establish an Office of Financial Technology starting in 2023. 169 Total views 6 Total shares The United States Office of the Comptroller of the Currency, or OCC, has announced its representatives will be available on a one-to-one basis to discuss…
Bitcoin Price Hangs on to Key Support Level as Stocks and Oil Tip Over
The shockwaves from yesterday’s explosion in the oil markets continued to damage oil prices and shrapnel from the blast caused damage to equities today as U.S. markets closed in the red after a nearly 3-week rebound. West Texas Intermediate crude closed down 9.49% at $9.06, and June 2020 futures dropped from $22.58 to $13.12. What is…
FTX crisis could extend crypto winter to the end of 2023: Report
The crypto market might see “second-order effects” from counterparties that may have lent or interacted with either FTX or Alameda. 725 Total views 8 Total shares The FTX crisis has deterred investor confidence and created a liquidity crisis in the crypto market, which could very well extend the crypto winter until the end of 2023,…
Coincheck Owner Monex Group Announces Major Management Changes
The Japanese broker that acquired the hacked cryptocurrency exchange Coincheck in April 2018 has announced major changes in its management structure. The news was revealed in a press release published on March 27.The current representative executive officer and president of Monex group, Oki Matsumoto, will now also be the representative director and chairman of Monex,…
Texas a Bitcoin ‘hot spot’ even as heat waves affect crypto miners
Record-breaking heat waves are being documented across the world as extreme weather is worsening due to climate change. States throughout America are continuing to see temperatures rise above 100 degrees Fahrenheit (38 degrees Celsius), while the United Kingdom recently saw temperatures reach 104 degrees Fahrenheit (40 degrees Celsius). While hot climates may be unusual for many…
6 Questions for Rene Reinsberg of Celo
We ask the buidlers in the blockchain and cryptocurrency sector for their thoughts on the industry… and throw in a few random zingers to keep them on their toes!This week, our 6 Questions go to Rene Reinsberg, a co-founder of Celo, an open platform that makes financial tools accessible to anyone with a mobile phone.Rene…