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‘Lack of Finality’ — Single Mining Pool Commands 53% of Zcash’s Hashrate
20.9.2023
Recent data shows a single mining pool controls more than 53% of the hashrate for the cryptocurrency network Zcash. On September 19, 2023, the crypto mining pool Viabtc had 4.2 giga solutions per second (GSol/s) of Zcash’s total 7.84 GSol/s hashrate. Electric Coin Co., which oversees...
Crypto Has Become a Non-Partisan Issue in the US: Grayscale CEO
19.9.2023
Grayscale CEO Michael Sonnenshein believes cryptocurrency has become a non-partisan issue, claiming that policymakers now acknowledge it's here to stay.
In a recent interview, Sonnenshein said the company is willing to collaborate with the US Securities and Exchange Commission (SEC) to bring about...
Rep. Tom Emmer: Digital assets will be a ‘sleeper issue’ for 2024 elections
18.9.2023
Three candidates from both the Democratic and Republican parties have taken anti-CBDC positions as part of their 2024 presidential run
Latam Insights: Crypto Adoption Booms in Latam Nations, Milei Bashes Socialism
18.9.2023
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: Brazil, Argentina, and Mexico are present in Chainalysis’ 2023 Global Crypto Adoption Index; Argentine presidential candidate Javier Milei blames...
Franklin Templeton Seeks to Offer Spot Bitcoin ETF in US
14.9.2023
Asset manager Franklin Templeton has joined the race to issue America’s first exchange-traded fund (ETF) that invests directly in bitcoin. The company applied with the U.S. Securities and Exchange Commission (SEC), following in the footsteps of other major investment firms like Fidelity...
Examining the Concept of Flatcoins: Crypto Tools to Battle Inflation
12.9.2023
With the issue of inflation rising as a real problem for global economies last year, there has been a renewed need for people to seek a way of preserving their purchasing power. Flatcoins, stable currencies that change their value according to the inflation in a determined jurisdiction, have surged...
Latam Insights: El Salvador Launches Pilot to Introduce Bitcoin Content in Schools, Bitso Teams up With Despegar in Argentina
11.9.2023
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: El Salvador launches a pilot to add Bitcoin content to school curriculums, Bitso announces a partnership with Despegar in a cashout program, and Uruguay...
Fed Official: Digital Dollar Decision Still a Long Way Off
10.9.2023
The Federal Reserve’s vice chair for supervision has affirmed that the U.S. central bank is “a long way” from making a decision on whether to issue a central bank digital currency (CBDC). The Fed official also voiced concerns regarding USD stablecoins, emphasizing that they...
Taiwan Crypto Watchdog to Issue 10 Guiding Principles for Virtual Assets in September: Report
8.9.2023
The East Asian country plans on setting out that crypto businesses should keep customers payments separate from their own tokens and that unregistered overseas firms should not solicit business in the country
Ethereum Foundation Issues 18 Grants for Account Abstraction Initiatives
8.9.2023
The Ethereum Foundation has announced the completion of its grants program to finance projects related to implementing ERC-4337, the account abstraction standard. 18 projects were selected to be part of this batch of grants, which feature different functionalities, including creating educational...
SOMA Finance to Issue the First Retail Compliant Digital Security
6.9.2023
The SOMA token will be a non-cumulative, participating preferred stock of SOMA.finance and will pay a dividend of up to 10% of profits
Latam Insights: Worldcoin Breaks Records in Argentina, Circle Brings USDC to Chile
4.9.2023
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: Worldcoin reaches record verifications in Argentina, Circle partners with Mercado Pago to bring USDC to Chile, and Binance launches a Latam-focused remittance...
Binance pushes new stablecoin as it confirms plan to cease BUSD support
31.8.2023
Paxos has earlier said it will halt support of Binance's stablecoin by February 2024, now the exchange has said it will also stop support by that time
Crypto Analyst Predicts Stablecoin Adoption Boom Even in Face of Hostile Regulation
30.8.2023
Jamie Coutts, an analyst from Bloomberg Intelligence, has predicted that stablecoin adoption will grow significantly once the issue of hostile regulations in the U.S. is put aside, noting “adoption under the hood is exploding.” Coutts believes that stablecoin usage may overtake bitcoin...
Shiba Inu’s Shibarium Returns to Full Operation After Navigating Bridge Issues
30.8.2023
The Shiba Inu development team has announced that Shibarium is now fully functional after recent challenges where funds became inaccessible in the bridge. Shiba Inu’s Shytoshi Kusama thanked Sandeep Nailwal, the co-founder of Polygon Labs, who stepped in with crucial resources to address the issue....
Latam Insights: Brazil’s Lula Pushes for BRICS Currency; Binance Drops Card Programs
28.8.2023
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: Brazil’s President Luiz Inacio Lula Da Silva pushes to issue a BRICS common currency, Binance drops card services, and Argentina gets invited to be part...
Ministry of Economic Development of Russia Pessimistic About Quickly Advancing BRICS Common Currency Proposal
25.8.2023
The Ministry of Economic Development of Russia does not expect the rapid development of a common currency for the BRICS bloc. Deputy Economic Development Minister Vladimir Ilyichev stated that “quick breakthroughs” on this issue are unlikely to happen during the ongoing BRICS summit...
BRICS Leaders Declare Importance of Using Local Currencies in International Trade
25.8.2023
The BRICS leaders stress “the importance of encouraging the use of local currencies in international trade and financial transactions” in their declaration released at the conclusion of their 15th annual summit. In addition, the BRICS nations have tasked their finance ministers and central...
BRICS Bank to Issue First Indian Rupee Bond — Plans to Boost Local Currency Lending
23.8.2023
The New Development Bank (NDB), also known as the BRICS Bank, is reportedly planning to issue its first Indian rupee bond by October. Last week, the bank issued its first South African rand bond. “NDB is seeking to increase its presence in the local capital markets of its member countries,...
Latam Insights — Javier Milei’s Victory Divides Argentina; Bitso Launches Cross-Border Institutional Payment Service
21.8.2023
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: Javier Milei’s victory in Argentina causes a devaluation maelstrom, and Bitso launches a cross-border institutional payments service. Javier...