Stablecoin firms should be registered in US — Circle’s Jeremy Allaire

The team stated on Twitter that deposits would be disabled “shortly” and withdrawals within 30 days. 615 Total views 35 Total shares Own this piece of crypto history Collect this article as NFTThe developers of bridging platform Ren protocol have warned users to unwrap their tokens and bridge them back to their native chains “ASAP,”…

The report compares stablecoins to money market funds and ultimately concludes they have similar shortcomings. The Federal Reserve Banks of Boston and New York published a staff report on Sep. 26 comparing stablecoins, such as USDT and USDC, to money market funds. Key findings in the report include the observation that stablecoins and money market

“Cloudflare is going to participate in the research and development of the core infrastructure that helps keep Ethereum secure, fast, as well as energy-efficient for everyone,” the firm stated. 186 Total views 5 Total shares Ahead of Ethereum’s highly anticipated switch to proof-of-stake (PoS), cyber security firm Cloudflare is set to launch and fully stake…

Cryptocurrency exchange Bitfinex is now listing two tokens from the exchange OKEx: its native utility token OKB and the stablecoin USDK, according to a press release on June 12.Bitfinex will offer trading pairs with the new tokens and other significant fiat and digital currencies like U.S. dollars, bitcoin (BTC), EOS, tether (USDT) and ether (ETH).The…

After rising about 80% in the first two quarters of 2023, Bitcoin (BTC) fell roughly 11% in the third quarter ending September. However, there is a silver lining for the bulls because they managed a positive monthly close in September, the first since 2016.Buyers will try to build upon this momentum in October, which has

The price of Bitcoin (BTC) declined below $10,000 for three consecutive days. Despite the weakness in BTC’s short-term trend, an on-chain analyst says mid-term bullishness is intact.The weekly chart of Bitcoin. Source: TradingView.comWithin five days, the price of Bitcoin slipped from $11,462 to $10,000, recording a 12.6% drop. Gold has also struggled to rebound from…

Former LinkedIn executive Michael Li has recently joined major U.S. crypto exchange and wallet provider Coinbase as the VP of data, TechCrunch reports September 18.Li started his career at LinkedIn as Director of Business Analytics back in 2011. The expert has been growing his professional experience at the the business and employment-oriented company, working on…

The 2023 United Nations climate change conference saw several new initiatives aimed at innovating the fight against climate change and streamlining the complex carbon credit markets. Among a sea of announcements and partnerships, Envision Blockchain, in collaboration with HBAR Foundation and Swirlds Labs, announced a new open-source Managed Guardian Service (MGS) platform focused on digitized

The Internet Archive’s founder Brewster Kahle has joined the boards of advisors for the Filecoin Foundation and the Filecoin Foundation for the Decentralized Web. 3191 Total views 25 Total shares The Internet Archive, an American nonprofit behind major digital archive Wayback Machine, has received a $10 million cryptocurrency donation from the Filecoin Foundation.According to a…