Solana’s first gaming SVM surpasses 1M monthly active users
Despite the significant milestone, Web3 gaming still needs more “soft” infrastructure for mass adoption, according to Sonic’s CEO
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M2 crypto exchange hacked for $13M, user funds already restored
The industry is still recovering from the $230 million WazirX hack, which occurred less than four months ago.
Central bank overkill: Russia’s proposed crypto ban and why everyone’s against it
On Jan. 20, the Central Bank of Russia (CBR) issued a report summarizing its position on digital assets and proposing a ban on any crypto trading and mining operations in the country. Although the CBR’s strict position on the matter was never a secret, such a bold statement triggered waves of fear, uncertainty, and doubt…
European Central Bank: Digital Euro Should Not Discourage Private Initiatives
The European Central Bank is looking to renovate its payments infrastructure, studying both public and private solutions, with or without blockchain. 2428 Total views 61 Total shares A blog post from the European Central Bank (ECB) discusses the importance of resilient payment mechanisms. While the report focuses on legacy systems, it also mentions novel blockchain-based…
Goldman Sachs is hooking up clients with Galaxy Digital’s ETH fund
Goldman and Galaxy Digital are partnering up again to help the former’s clients gain more access to the crypto industry that the latter offers in spades. 393 Total views 21 Total shares Financial services giant Goldman Sachs has been offering clients exposure to ETH through Galaxy Digital’s Ethereum Fund according to a new Securities and…
OCC’s Brian Brooks thinks that DeFi can root out bias and fraud in traditional banking
Brooks is optimistic that regulators will find it easier to work with algorithms than with bankers. 2232 Total views 11 Total shares In an opinion piece published in the Financial Times on Tuesday, Acting Comptroller of the Currency Brian Brooks put forward the need to reconfigure banking regulations for an age of algorithms. Brooks, who currently…
Doge meme hits $220M valuation, as Sotheby’s Bored Apes auction is tipped to fetch $18M
After a successful fractionalization into $DOG Tokens, the total implied value of the Original Doge meme NFT has gone through the roof. 1683 Total views 13 Total shares The original Doge meme NFT has soared to a valuation of around $220 million following its successful fractionalized token sale this week. Ludicrously high prices for in…
Why Did Bitcoin Break Down From $9,000, and Where Is It Heading?
As Bitcoin’s (BTC) price floats in the waters of uncertainty in the low $8,000 range, one might wonder how crypto’s largest asset found itself at the bottom of a steep drop after its exuberant price rise from $3,330 to $13,880 earlier in 2019. One explanation could be that the move was simply the market’s reaction…
Prep time with Bitcoin: Students have fun new ways to study crypto
“Bitcoin” had been an unfamiliar term to many individuals just a few years ago. While cryptocurrency continued to enter the mainstream, Bitcoin (BTC), Ether (ETH) and other digital assets were being discussed more frequently. Recently, “Bitcoin” searches across Google hit a record high in 2020, and “Buy Crypto” searches surged for the first time at…