USDC overtakes USDT: Compliance is key to stablecoin dominance
Tether’s USDT hegemony in the stablecoin market may shift as institutional investors chip into the crypto market.
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The bank services several crypto-friendly financial technology companies.
What Does Twitter’s New Decentralized Initiative Mean?
Back in December 2019, Jack Dorsey, the founder and CEO of Twitter and payments operator Square, announced a new team dubbed Bluesky, to work on decentralized social media standards. The news has gotten both the crypto and noncrypto communities abuzz — and for good reason.Mr. Dorsey has not only spoken in favor of decentralized protocols…
Celsius lawyers claim users gave up legal rights to their crypto
Lawyers for the bankrupt crypto lender reaffirmed that user funds essentially belonged to the company and not the user, with potentially one major exception. 391 Total views 3 Total shares Celsius’s 1.7 million registered users across over 100 countries gave up title to the crypto they deposited into Earn and Borrow accounts, according to the…
Bitcoin Posts Solid Gains to Break Above $7,000 While Altcoins See Green
Bitcoin (BTC) has seen solid growth to break back above the $7,000 mark today, August 7. The overall crypto market is seeing a healthy flush of green, rallying forth after the weekend’s losses, as data from Coin360 shows. Market visualization from Coin360 Bitcoin (BTC) is trading around $7,118 at press time, up around 2.5 percent…
IMF head: CBDCs can replace cash, help financial inclusion
International Monetary Fund managing director Kristalina Georgieva urged the public sector to “keep preparing to deploy” central bank digital currencies. 452 Total views 3 Total shares During her opening speech at the Singapore FinTech Festival, International Monetary Fund (IMF) managing director Kristalina Georgieva urged the public sector to “keep preparing to deploy” central bank digital
Pantera Capital CEO: BTC Will ‘Come of Age’ in Crisis, May Top All Time High
Pantera Capital Founder and CEO Dan Morehead has predicted Bitcoin will “come of age” during the 2020 financial crisis and may top its all time high price within 12 months.The San Francisco-based blockchain and cryptocurrency hedge fund founder made the comments in a March 25 letter to investors examining the fallout from the COVID-19 financial…
EU AI rules stifle innovation, Meta and Spotify CEOs warn
Zuckerberg and Ek’s concerns highlight the need for balanced regulation of emerging technologies.
5 key highlights of the SEC’s lawsuit against Binance
The U.S. Securities and Exchange Commission (SEC) filed a lawsuit against Binance on June 5, alleging that the exchange was involved in the sale of unregistered securities. In its 136-page complaint, the SEC accuses Binance and its founder, Changpeng “CZ” Zhao, of participating in a complex conspiracy that involved fraud, conflicts of interest, a lack…