US Treasury-led CBDC Working Group looking at technical issues, national interest
Treasury Under Secretary for Domestic Finance Nellie Liang examined some of the design issues that would shape a potential U.S. digital dollar. Read More
FTX and FTX.US Report “Massive” Shortfall, Only A Fraction of Assets Liquid
According to Thursday’s presentation, both FTX and FTX.US still have a “massive shortfall” and only a fraction of identified assets are actually liquid. The post FTX and FTX.US Report “Massive” […]
Bitcoin leverage ramps up as BTC’s margin long-to-shorts ratio hits a record $2.5B high
BTC traders at Bitfinex and OKX are unwilling to use margin markets for bearish bets, creating an alarming imbalance that investors should pay close attention to. Read More
Sen. Elizabeth Warren and colleagues demand to see Binance’s balance sheets
Three United States senators have written a letter to the CEOs of Binance and Binance.US with a long list of objections to the companies’ perceived policies and actions. Read More
Bitcoin leverage ramps up as BTC’s margin long-to-shorts ratio hits a record $2.5B high
BTC traders at Bitfinex and OKX are unwilling to use margin markets for bearish bets, creating an alarming imbalance that investors should pay close attention to.
Flare gets NFT platform to increase use cases for interoperability protocols
The NFT marketplace Sparkles launched on the layer-1 EVM oracle platform Flare for interoperable protocols to expand use cases for NFTs and their holders. Read More
Bitcoin price risks $23K rerun as Coinbase stock falls over Silvergate
Bitcoin wobbles over fresh concerns over crypto firm solvency, but BTC price performance remains stronger than Coinbase and Silvergate Bank stock. Read More
Most blockchain advocates haven‘t even used Bitcoin
Bitcoin, the original blockchain, struggles to gain traction among blockchain advocates — an opinion from one of Europe’s largest blockchain conferences. Read More
Stablecoins and Financial Inclusion: Use Cases and Challenges in 2023
<p>Stablecoins have emerged as a new type of cryptocurrency in recent years, aiming to provide stability in the volatile world of cryptocurrency. While cryptocurrencies such as Bitcoin and Ethereum are notorious for their price volatility, stablecoins are intended to maintain a stable value in relation to a traditional currency or asset. </p><p>Because of this stability, stablecoins have become an appealing […]
Block remains on the hunt for wallet partners nearly two years later
The firm plans to partner with companies that are already experienced in local fiat payment processing. Read More