US tech exec warns China is ‘a decade ahead’ on quantum
Analysts often claim China is winning the quantum race but available research indicates otherwise.
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Netflix to release documentary about QuadrigaCX CEO’s mysterious life and death
Many claimed Gerald Cotten had faked his death and absconded with millions in crypto, even briefly demanding his body be exhumed. 230 Total views 17 Total shares Online streaming platform and production company Netflix will be producing a film on deceased crypto exchange QuadrigaCX founder Gerald Cotten.In a Sept. 23 tweet from Netflix, the platform…
Terabithia cross-chain protocol bridges Internet Computer and Ethereum
The bridge allows users to transact Ethereum native assets at faster speeds with lower cost and store them directly on-chain. 383 Total views 23 Total shares On Wednesday, Psychedelic, a Web 3.0 development studio building solutions for the Internet Computer, launched Terabithia, a cross-chain contract communication and asset mirroring protocol. Beginning with the Internet Computer…
US Treasury report says stablecoin legislation is ‘urgently needed’ to address risks
The group said stablecoin issuers should be held to the same standards as insured depository institutions including state and federally chartered banks. 525 Total views 16 Total shares The President’s Working Group on Financial Markets, or PWG, has released a report suggesting that stablecoin issuers in the United States should be subject to “appropriate federal…
Crypto and Blockchain News From German-Speaking World: Oct. 20-26
The German-speaking world has seen an array of crypto and blockchain-related developments over the past week, with the Federal Ministry of Finance concluding that cryptocurrencies are hardly involved in money laundering and terrorist financing (TF), Bitwala integrating a feature for automatically generating cryptocurrency tax reports, and the Graz startup Lab10 Collective developing a more energy-efficient…
NFL Star Russell Okung Backs Bitcoin Rewards Startup
Russell Okung, an NFL player for the Los Angeles Chargers, is backing the Bitcoin rewards app and debit card Fold. 317 Total views 10 Total shares Okung Ventures, the venture startup founded by NFL star Russell Okung, is backing Bitcoin (BTC) loyalty outfit Fold to help crypto holders earn BTC as well as spend it.The…
Why does Ethereum have an intrinsic value?
Ethereum is a decentralized, open-source blockchain and the first network to launch smart contract functionality. Ethereum was launched in July 2015, and in the span of a few years, it increased considerably in value due to its wide range of decentralized application (DApp) offerings. The explosive rise of decentralized finance (DeFi) and nonfungible tokens (NFTs)…
Crypto and Blockchain Firms Pitch In to Help Coronavirus Victims
Some blockchain and cryptocurrency firms have pledged to help victims of the coronavirus in Wuhan, China. Cryptocurrency exchange Binance pledged to donate 10 million Chinese yuan ($1.44 million) to the effort.In a tweet on Jan. 25, Binance CEO Changpeng Zhao said that Binance made the pledge but did not make any announcements after a Twitter…
Bitcoin price stuck in ‘extended consolidation phase’ due to drop in capital inflows — Report
Bitcoin’s significant drop in capital inflows over the last six months is contributing to the current price consolidation.