‘Uptober’ builds strength as Bitcoin held on exchanges falls to 6-year low

Uphold, a digital money platform providing access to investments and payments using blockchain technology, has announced a partnership with crypto-backed lending company Salt. Together, the two plan to provide users with cash or stablecoin loans using cryptocurrencies as collateral.Uphold’s 1.7 million users can now secure loans through Salt against their holdings in Bitcoin (BTC), Ether…

Cryptocurrency price aggregator CoinGecko conducted a survey with almost 700 of its users to learn more about the trends in decentralized finance (DeFi).The report, published on May 20, highlights that many cryptocurrency users heard about DeFi and some of its better known projects, but few of these are actually using it.Out of its sample of…

ECB’s interest in identifying the best cross-border payment solution stems from the fact that it serves as the central bank of the 19 European Union countries which have adopted the euro. 536 Total views 18 Total shares A recent study conducted by the European Central Bank (ECB) on identifying the ultimate cross-border payment medium crowned…

Paris-based asset management firm Napoleon AM has announced the launch of a specialized professional fund under French law, the Napoleon Bitcoin Fund. The fund would replicate the price of the cash-settled Bitcoin futures listed on the Chicago Mercantile Exchange. According to the company, this is one of the first regulated products giving exposure to Bitcoin, with…

Billionaire investor Mark Cuban claims that any email sent from his email account “after 3.30pm” Pacific Standard Time on June 22 was not from him.

The St. Louis Federal Reserve stirred up a mix of amusement and curiosity from the crypto community on Tuesday, May 7, after publishing a post showing how the cost of eggs in Bitcoin (BTC) has fluctuated over the last 14-months compared to the U.S. dollar. On June 6, the Fed research arm posted a blog post…

Today, the United States Securities and Exchange Commission (SEC) is hosting two meetings of the investor advisory committee. The second of these is scheduled to start at 1:00 PM EST and will deal with the SEC’s earlier request for comment on harmonization of securities exemptions.The trouble with exemptionsThe current schema of exemptions is overgrown, with…

Representative Tom McHenry believes Gary Gensler’s SEC has disregarded standard practice when going after crypto. 144 Total views 2 Total shares Gary Gensler, the head of the U.S. The Securities and Exchange Commission has confirmed that his agency does not have the authority or intention to ban cryptocurrency.While responding to questions during an Oct. 5…

In an exclusive interview with Cointelegraph, Blockstream CEO Adam Back stated that for him, nothing is above Bitcoin, not even stablecoins or other coins issued by central banks.Adam Back invented the hashcash proof of work system, and was one of the first people to work with Bitcoin (BTC). In addition, he was present this year…