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Study: The majority of Americans don’t understand how fractional banking works
What if I told you that the money you deposited into your bank account was carried right out the back door and placed into the coffers of somebody or some institution that you had never met, heard of, or authorized to handle your money? Would you be cool with it? The fact is that: Because […]The post Study: The majority of Americans don’t understand how fractional banking works appeared first on CryptoSlate.
Makerdao Vote to Not Compensate Black Thursday Victims Receives Harsh Criticism
Large Makerdao holders decided not to compensate the victims that were liquidated during the unexpected flash crash that took place on March 12, otherwise known as ‘Black Thursday.’ An aggregate total of 38 votes was cast and more than 65% of the governance portal participants voted for zero compensation. The day after March 12, otherwise […]The post Makerdao Vote to Not Compensate Black Thursday Victims Receives Harsh Criticism appeared first on Bitcoin News.
The Interchange: Stop sleeping on stablecoins
Quick TakeKeeping up with this weeks’ latest developments around cryptodollars
Israeli politicians want to recognize Bitcoin as currency, not asset
According to a local news report, four members from the Yisrael Beiteinu political party in Israel have submitted a new bill that proposes to recognize Bitcoin (BTC) as a digital currency instead of an asset, at Knesset, the legislative branch of the Israeli government. The reason for this amendment to BTC’s current regulation stemmed from […]The post Israeli politicians want to recognize Bitcoin as currency, not asset appeared first on AMBCrypto.
Liquity secures $2.4M in seed funding to further develop lending protocol
Liquity, a lending protocol built on Ethereum, has acquired $2.4 million in seed funding, which it will use for further developments and to grow its team. The post Liquity secures $2.4M in seed funding to further develop lending protocol appeared first on The Block.
Glassnode: Uniswap team may have misled community over team token vesting
Binance may currently be the only one capable of making Uniswap governance proposals, which does not bode well for its decentralized competitor.
3 reasons why traders turned bullish after Bitcoin price surged to $10.7K
Analysts are cautiously bullish on Bitcoin price after BTC surged 6% to $10,750.
‘Apple Store of DeFi’ Is Bringing Yield Farming to Bitcoin, XRP
With Harvest.io, Kava wants to bring order to DeFi. And expand it beyond just Ethereum.
Congressional bid for new U.S. crypto exchange oversight draws early plaudits
Quick TakeCrypto businesses and organizations seem to be supportive of a new effort to regulate crypto exchanges in the U.S.But it’s far from clear whether Rep. Michael Conaway’s legislation will become the law of the land.
Bitcoin Is REALLY Worth $15,000 Based On This Key Adoption Metric
The bitcoin price has ballooned 40% on a year-to-date basis. The OG cryptocurrency has performed particularly well amid the pandemic partly because it acts as a reliable store of value like gold. However, BTC is desperately clinging to the $10K level at the moment. But according to one bullish analyst, the cryptocurrency is undervalued by […]
Atari’s VCS Console to Include Ultra’s Blockchain Gaming Store
The legendary gaming brand makes another blockchain connection with its soon-to-release home console.
Gemini Crypto Exchange Gains FCA Approval To Expand Into The U.K.
Crypto exchange Gemini, founded by Tyler and Cameroon Winklevoss, is expanding its footprint into the United Kingdom after receiving approval from the Financial Conduct Authority (FCA). According to an official blog post on Sept.24, the New York-based firm was granted an Electronic Money Institution (EMI) license by the financial watchdog. This means that Gemini can […]
100M people worldwide now use crypto-based assets, says Cambridge study
Skyrocketing figures show crypto’s growing global dominance.Skyrocketing figures show crypto’s growing global dominance
Half of DeFi Yield Farmers Can't Read Smart Contracts: Survey
Yield farmers are relying on auditors to monitor the security of the projects they join but are still making a killing, according to a new CoinGecko survey.
U.S SEC, OCC issue first regulatory guidance for stablecoins
U.S Securities and Exchange Commission (SEC) and the Office of the Comptroller of the Currency (OCC) issued a stablecoin guidance on Monday for U.S national banks and federal savings associations to hold stablecoin reserves. This would be the first detailed national guidance on how cryptocurrencies backed by fiat currencies, with the dollar in particular, should […]The post U.S SEC, OCC issue first regulatory guidance for stablecoins appeared first on AMBCrypto.
Stablecoin issuances skyrocketed this quarter. But why?
Institutional Investors Say They’ll Buy More Bitcoin: Survey
Pension funds and insurers could be increasing their cryptocurrency investments over the next five years, but some concerns still linger.
Silk Road Programmer Pleads Guilty to Making False Statements
Michael Weigand faces a five-year maximum sentence for hiding his role with Silk Road from investigators.
Policy leaders say it’s early days for DeFi in D.C. But big questions loom if its profile rises
Quick TakeThe Block talked to a few members of D.C. institutions on how the money flowing into decentralized finance is seen in Washington.For the most part, it isn’t, but those more educated in the blockchain space say DeFi’s time is coming.When it does, it’ll likely be a battleground for debates on centralization in U.S. systems.
Turbulent Crypto Markets Expected – 87K Worth of Bitcoin Options Set to Expire on Friday
Markets are expected to be volatile this week, as a great number of bitcoin and ethereum options are set to expire this Friday. Data shows more than 87,000 bitcoin options will expire and 77% of the action is held on the Deribit exchange. U.S. stocks dropped hard on Monday, as the Dow Jones Industrial Average […]The post Turbulent Crypto Markets Expected – 87K Worth of Bitcoin Options Set to Expire on Friday appeared first on Bitcoin News.
Digital Euro will strengthen payment systems: Christine Lagarde
President of European Central Bank, Christine Lagarde said that incoming data suggested that Europe’s economic recovery was uncertain and that introducing a digital Euro would strengthen the European payment system. The President said in a speech addressed to a joint meeting of parliamentary deputies from France and Germany on Monday. Lagarde said the “Eurosystem” was […]The post Digital Euro will strengthen payment systems: Christine Lagarde appeared first on AMBCrypto.
This Is Why The World’s Largest Sovereign Wealth Fund Now Indirectly Owns Nearly 600 Bitcoins
Norway Government Pension Fund Global, the world’s biggest sovereign wealth fund, now holds almost 600 bitcoins. This is according to a recent report published by crypto analytics firm Arcane Research. Why Is The Norwegian Government Fund Indirectly Holding BTC? Norway has arguably the largest wealth fund in the world, followed by China. The fund saves […]
Michael Saylor Triggers Crypto Firestorm After Comparing Bitcoin and Ethereum
MicroStrategy founder Michael Saylor has ignited a big debate just by mentioning Bitcoin and Ethereum in the same sentence. In a viral tweet, the chief executive of the publicly traded business intelligence firm shares a chart that he says shows the real network dominance of Bitcoin. “When considering network dominance in the crypto industry, I […]The post Michael Saylor Triggers Crypto Firestorm After Comparing Bitcoin and Ethereum appeared first on The Daily Hodl.
Craig Wright’s Efforts to Dismiss Kleiman’s 1.1 Million Bitcoin Trial Are Denied “On All Grounds”
Craig Wright’s tactics for delaying the Kleiman estate litigation process may be coming to an end. The United States District Court for the Southern District of Florida has denied “on all grounds” the motion introduced by Craig S. Wright to dismiss the long-standing Kleiman vs. Wright lawsuit. Wright’s motion was denied “on all grounds” When […]The post Craig Wright’s Efforts to Dismiss Kleiman’s 1.1 Million Bitcoin Trial Are Denied “On All Grounds” appeared first on CryptoPotato.
US Banks Can Hold Reserves for Stablecoins: Treasury Office
The US Office of the Comptroller of the Currency (OCC) has given the green light for national banks and federal savings associations to hold reserves for stablecoin issuers.
Bitcoin, Stocks and Gold Plummet as Markets Brace for US Presidential Election
India Is Looking to End Crypto Trading… Again
It looks like India and cryptocurrency are back in the news. This time, India is resorting back to its old tricks of potentially banning crypto trading. India Seeks Full Ban on Crypto Trading The big question is this… Didn’t the country already tread this path? While crypto trading itself was never banned within its borders,...The post India Is Looking to End Crypto Trading… Again appeared first on Live Bitcoin News.
Behind The Scoop: An inside look at yearn.finance and DAOs
Quick Takeyearn.finance is a decentralized organization and protocol with the goal of (sustainably) maximizing yields for its users. Users can deposit funds such as ETH, DAI, USDC, yCRV, and others into Vaults that follow interest-bearing strategies. From mid-July on, the protocol has seen explosive growth with total value locked growing from under $10 million to nearly $1 billion. The most popular Vault today is yCRV, which holds $268 million in user funds.YFI token holders are responsible for the continued development of the protocol, and founder Andre Cronje believes that the project has grown to the point where it would survive without him.
Bitcoin Miner Bitfarms Leases 2,000 Rigs From BlockFills, Has Option for Up to 7,000 More
Bitfarms boost its mining power by 360 PH with the new lease, set to run for 24 months.
Price analysis 9/21: BTC, ETH, XRP, BCH, DOT, BNB, LINK, CRO, LTC, BSV
The market has taken a bearish turn and Bitcoin and altcoins will need strong relief rallies in order to restore their uptrends.