US lawmaker reports AERO, GRT and VELO investments in 2024
Georgia Representative Mike Collins previously disclosed purchasing up to $65,000 in ETH, but seems to have moved onto altcoin investments.
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Boston’s Federal Reserve Bank and MIT to Tackle Digital Currency Research
Fed Governor Lael Brainard shares updates about the U.S. digital currency initiative and why it is crucial to understand CBDCs. The Federal Reserve Bank of Boston has entered into a partnership with the Massachusetts Institute of Technology to better understand the concept of digital currencies.The bank will work with MIT researchers on a multiyear project…
Polygon’s Discord channel hacked, team works to regain control
As the value and popularity of digital assets continue to rise, cybercriminals are incentivized to exploit any vulnerabilities they can find.
Microsoft’s Two New Patents Fuse Blockchain Tech With Trusted Computing Techniques
Two new patents from Microsoft reveal that the tech giant is looking to bolster its blockchain solutions with the use of trusted execution environments (TEEs), according to two filings published by the U.S. Patent and Trademark Office (USPTO) August 9. Both applications outline how the use of TEEs could further improve security within a consortium…
Why Bitcoin’s resistance to retesting the $25K support could be futile
Bitcoin (BTC) has been trading in a narrow 3.4% range for the past three days after successfully defending the $25,500 support on June 10. In this time, investors’ attention has shifted to the macroeconomic area as the U.S. Federal Reserve will announce its interest rate decision on June 14.Cryptocurrencies might work independently from the traditional…
Gas fee proposal could create ‘positive feedback loop’ for ETH price: Grayscale
Grayscale believes EIP-1559, a proposal to burn Ethereum gas fees, could be extremely bullish for Ether’s price. 2695 Total views 36 Total shares Institutional crypto fund manager Grayscale Investments believes the introduction of the proposed EIP-1559 fee and burn mechanism could create “a positive feedback loop for Ether’s price” should network activity continue to increase…
Binance’s Partner Allows Users to Buy Crypto with Credit Card in JPY and CAD
Israeli-based fintech and cryptocurrency firm Simplex now supports two new fiat currencies — the Japanese yen (JPY) and the Canadian dollar (CAD).Following the addition, users at some of Simplex’s partner exchanges such as Binance will be able to buy crypto via credit cards using JPY and CAD, industry publication The Block reports Dec. 9.Not all…
Sam Bankman-Fried “doubled down” by buying Binance’s stake in FTX — U.S. prosecutors
The prosecution is delivering its closing arguments at the Southern District Court of New York, where Sam Bankman-Fried’s trial has been taking place since Oct. 3. 348 Total views 1 Total shares Federal prosecutors claimed Sam "SBF" Bankman-Fried “doubled down” on the use of customers’ funds when he purchased Binance’s $2 billion stake in FTX
No, Blockchain Technology Cannot Solve Everything
The crypto community was rightly aghast at the “Bitcoin Will Save Us” poster donned by a protester against racial injustice in Dallas last week.Christ pic.twitter.com/BmRmlZnMWa— Jessica Huseman (@JessicaHuseman) June 1, 2020It was a tasteless and inappropriate — albeit well-meaning — attempt to impose a crypto narrative onto a decidedly non-crypto, and much larger, story.The crypto…