Trump’s crypto token flops, Ethereum centralization concerns: Finance Redefined
Trump’s munch-awaited token launch recorded disappointing sales numbers, while investors are becoming concerned about Ethereum block builder centralization.
Related Posts
The Dept. of Commerce has 17 questions to help develop a crypto framework
The DoC’s series of 17 questions is set to be published on May 19 and asks for comments from the public that will inform the department’s creation of a regulatory framework for crypto businesses. 108 Total views 2 Total shares The US Department of Commerce is calling for submissions on how it can establish a…
Dapper Labs Announces Tech-Sharing Partnership With Libra
Dapper Labs, the team behind CryptoKitties and the Flow Blockchain, has revealed a partnership with Facebook’s Libra stablecoin project to share proprietary technology.Speaking to Cointelegraph, Dapper Labs’ CTO Dieter Shirley revealed that Dapper’s Flow blockchain will adopt Libra’s Move as it’s virtual machine (VM), while Libra will utilize Dapper’s smart contract programming language Cadence in…
Binance’s victory over FTX means more users moving away from central exchanges
Based on the joint statements on Twitter this week from Binance CEO Changpeng “CZ” Zhao and FTX CEO Sam “SBF” Bankman-Fried, it seems clear that FTX has serious solvency problems — so dire that few in the market are willing to save it. As a result, FTX is turning to CZ as a prospective buyer.After…
3 reasons why XRP price could drop 25%-30% in March
XRP price risks dropping by more than 25% in the coming weeks due to a multi-month bearish setup and fears surrounding excessive XRP supply.XRP descending triangleXRP has been consolidating inside a descending triangle pattern since topping out at its second-highest level to date — near $1.98 — in April 2021. In doing so, the XRP/USD pair has left…
South Korea moves to ban cross trading for crypto exchanges
South Korea’s Financial Services Commission has moved to ban cross trading on crypto exchanges in the country.The move is part of a raft of amendments to the country’s Act on the Reporting and Use of Certain Financial Transaction Information. Cross trading, an illegal practice in many jurisdictions, involves offsetting buy and sell orders for the…
Traditional finance has much to learn from new entrant DeFi
Incumbents in traditional capital markets, as well as new entrants looking to capture market share, should heed the innovations within the crypto ecosystem collectively known as decentralized finance, or DeFi. These innovations present a model for the direction that traditional capital markets are likely to take in the coming years as regulation catches up with…
China Central Television airs crypto segment in rare move
Just a moment...
Libra Association Seeks Swiss Payments License for Facebook’s Crypto
Facebook is seeking a payment system license under Switzerland’s Financial Market Supervisory Authority (FINMA) for its planned stablecoin project, Reuters reported on Sept. 11. “Regulated, low-friction, high-security” blockchain paymentsIn an official statement today, the Switzerland-registered Libra Association — a not-for-profit membership organization established to govern the Libra network — explained its choice to coordinate a regulatory…