Trump policies could take DeFi, BTC staking mainstream: Redstone co-founder

In a hearing before the Senate Commerce Committee on Friday, the CEOs of Facebook, Twitter, and Google’s parent company Alphabet faced a veritable firing squad, in what has become bipartisan hatred based on partisan reasons. But while Republicans and Democrats have different gripes with the platforms, all are clearly out for blood. Today’s hearing theoretically set…

The global residential mortgage market is estimated to be worth $31 trillion. 66 percent of all Americans have a mortgage on their house while in the UK and China it’s as high as 70%. It’s a segment of the financial markets that hits close to home for a large portion of the global population.The average…

User-friendly stock and crypto trading app, Robinhood, has reported its services are down. 1995 Total views 39 Total shares Robinhood, a stock and crypto trading application known for its mainstream appeal and simplicity, recently reported significant platform outages. Robinhood announced "experiencing a major outage in equities and options trading, as well as degraded performance in cryptocurrency…

The HKMA introduces new principles for using generative AI, emphasizing governance, transparency, and data protection in consumer-facing applications.

“Big Three” management consultancy firm McKinsey & Company has argued that blockchain technology is gaining slower traction with retail banks due to regulatory hurdles and a conservative consumer environment. The news was reported by Bloomberg on June 7.McKinsey reportedly characterized retail banks as nervous and cautious when it comes to blockchain, as distinct from their…

According to Louise Abbott, FTX users could claim in court that assets “remained their property at all times” and could be treated separately from bankruptcy proceedings. 295 Total views 2 Total shares Own this piece of crypto historyCollect this article as NFTMore than one million creditors of failed crypto exchange FTX have been waiting to…

The funding comes soon after Liquid suffered a major hacking incident last Thursday when the exchange’s warm wallets were compromised. 611 Total views 95 Total shares Japanese cryptocurrency exchange Liquid has secured $120 million in debt financing from FTX Trading after suffering a nearly $100 million hack last week.Announcing the news Thursday, Liquid Group and…

A recent run-down in the Bitcoin (BTC) market faces the prospects of exhaustion before confirming a full-fledged bearish breakdown, so reflects a classic momentum-based oscillator.RSI forming higher lowsDubbed as Relative Strength Index, or RSI, the indicator measures the speed as well as change of directional price movements. It operates within a set range of numbers—between…