Tag: News

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Ripple CEO answers 5 key questions about the SEC lawsuit

Ripple’s CEO Brad Garlinghouse has responded to some of the community’s concerns surrounding the SEC’s $1.3 billion lawsuit against the firm. Ripple CEO Brad Garlinghouse has revealed the firm unsuccessfully attempted to settle its securities violation lawsuit with the SEC, and slammed the “regulatory chaos” around cryptocurrencies.  I’m not going to litigate the SEC’s unproven…
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YouTube star Mr Beast, with 50M subscribers, becomes a verified Brave browser publisher

Mr Beast, joins almost 1 million other verified Brave publishers, potentially exposing some of his subscribers to Brave browser and its native BAT token. Jimmy Donaldson, aka “Mr Beast,” a prominent YouTuber boasting 50.2 million subscribers and 8.5 billion total views, now owns a verified Brave browser account — potentially exposing some of his enormous…
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First DeFi project on Cardano bridges from Polkadot

Bondly will make a new version od its cryptocurrency, OTC platform BSwap, and e-commerce platform BONDProtect on Cardano. Decentralized e-commerce platform Bondly will be the first decentralized finance project to run on the Cardano blockchain as part of the platform’s roll-out of the Goguen smart contract functionality. In the Twitter announcement, the firm that built…
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MetaMask wants institutions to wade into DeFi with new enterprise version

Metamask is seeking to grow the $14 billion DeFi ecosystem by attracting institutional investors with a new wallet that could “run a professional DeFi trading desk.” Ethereum wallet MetaMask is seeking to attract institutional investors into the decentralized finance sector with the soon-to-be-launched institutional-grade version. The popular wallet, with more than 1 million monthly active…
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Euro stablecoin launched on Stellar by one of Europe’s oldest banks

The EURB is fully regulated and backed 100% by Euros, allowing banks and institutional investors to use the cryptocurrency without exposure to counterparty risk. Germany’s Bankhaus von der Heydt, or BVDH, has launched a Euro stablecoin on the Stellar network.  The bank claims the token is the first of its kind to be issued by…
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Venezuela ramps up Bitcoin payments for imports from Iran and Turkey

Venezuela President Nicolás Maduro claims the country will “use all the cryptocurrencies in the world” to bypass U.S. sanctions. According to an investigative report from RunRun.es, Venezuela intends to increase its use of Bitcoin to pay for imports to bypass financial sanctions imposed by the United States. RunRun.es, which was founded by Venezuelan investigative journalist…
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Hundreds of millions of consumers will use digital currencies soon: Circle CEO

Executives from Facebook’s ‘Diem’ Association, Circle, Soramitsu, and Coinbase discussed how and when digital currencies will go mainstream, at the Singapore Fintech Festival. Speaking at Singapore Fintech Festival, Circle CEO Jeremy Allaire said that “third-generation blockchain technology” would see digital currency “in the hands of hundreds of millions, if not billions of users.” Allaire featured…
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Ripple CTO says community could force the company to burn 48 billion XRP

Ripple could be forced to burn its entire XRP holdings if the community votes for it, the company’s CTO David Schwartz has confirmed. Ripple chief technology officer David Schwartz has admitted the company could be forced by validators to burn its 48 billion XRP tokens, regardless of if it agrees with the decision or not.…
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The Australian Senate just voted to kill the $10,000 ‘cash ban’ bill

A controversial bill to ban the use of cash for transactions over $10,000 has been voted out by the Australian Senate A bill proposed by Australian lawmakers to ban the use of cash for transactions over $10,000 has been killed by a unanimous senate vote.  One Nation Senator Malcolm Roberts brought the motion to remove…
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‘You might get fired if you don’t own Bitcoin’: CoinShares on CNBC

There could now be a career-risk for a portfolio manager to not have Bitcoin in their portfolio — the CoinShares chairman talks Bitcoin sentiment on CNBC CoinShares chair and former JP Morgan commodity trader Danny Masters told CNBC that the financial landscape has changed to the point where not having exposure to Bitcoin could be…
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