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Former PayPal President Davis Marcus Says People Won’t Use BTC to “Buy Things” – Here’s What You Need to Know
12.9.2023
David Marcus, former PayPal President and present CEO of the Lightning Network infrastructure company Lightspark, says his firm is aiming to transform Bitcoin (BTC) into a global payment network.
In a recent interview on CNBC's Squawk Box, Marcus pointed out that while connecting with people...
G20 nations reaffirm responsible use and development of AI technology
11.9.2023
The G20 member nations recommended addressing existing concerns around data protection, biases, appropriate human oversight, and ethics to ensure the responsible use and development of AI
Binance CEO Urges Hardware 2FA Use for All Crypto Platforms After Vitalik Buterin’s X Account Hack
11.9.2023
Binance CEO Changpeng Zhao (CZ) has urged everyone to use hardware 2FA for all crypto platforms after a social media account belonging to Ethereum co-founder Vitalik Buterin was hacked and used to post a crypto scam link. “In the past, I have had my Twitter account locked a few times due...
Indonesia Expands De-Dollarization Efforts With National Task Force Formation
9.9.2023
Indonesia’s central bank has established a national task force to expand the use of local currency with partner countries. Malaysia, Thailand, Japan, and China are already trading with Indonesia using local currencies. In addition, Singapore and South Korea have signed cooperation agreements...
Palau Finishes Distribution Phase of Stablecoin Pilot, Organizes Feedback Survey
9.9.2023
Palau is preparing to close the distribution phase of its stablecoin pilot after having extended it for 30 additional days to examine additional use cases and growing popular demand. Palau Ministry of Finance board member Jay Hunter Anson explained that the pilot was a “temporary, research...
BIS thinks DeFi has no use cases, but CZ is bullish: Finance Redefined
8.9.2023
Binance CEO Changpeng Zhao says DeFi will outpace CeFi in the next bull run, but the Bank for International Settlements is skeptical
What is OpenSea and how to use it?
8.9.2023
This guide delves into the significance of the OpenSea decentralized marketplace, its pros and cons, and its role in the NFT revolution
‘Pure’ DeFi has little chance for real-world use because of need for oracles: BIS
7.9.2023
According to the BIS researchers, a centralized oracle based on trust is the only option for DeFi, and variations of that model do exist
BNY Mellon: US Dollar’s Global Reserve Status Safe Despite BRICS Expansion
5.9.2023
The Bank of New York Mellon has provided insights into why the growth of the BRICS economic alliance is unlikely to impact the U.S. dollar’s dominance as the global reserve currency. “We think the most important factor for dollar use into the next decade revolves around technology...
Bitcoin's Use as Margin Collateral in Crypto Futures Trading Is Growing
4.9.2023
Using BTC as collateral for a derivative is effectively a double whammy, according to analysts
China’s Central Bank Official Stresses on Use of Digital Yuan in Retail Sectors
4.9.2023
The head of the Digital Currency Research Institute at the People's Bank of China (PBOC), Changchun Mu, has emphasized the necessity of making the digital yuan available for all retail payment scenarios.
Mu made this statement during a trade forum held in Beijing, where he also underscored...
Colorado DMV Accepts Crypto Payments Through Paypal
2.9.2023
The Colorado Department of Motor Vehicles (DMV) has announced it accepts cryptocurrency for its online services via the payment processor Paypal. Besides paying local taxes with coins, residents of the crypto-friendly state will be able to use their digital cash to renew driver’s licenses...
Dollar Share in Reserves Drops Below 60%, Yuan Rises, Russian Diplomat Says
2.9.2023
The share of currencies other than the U.S. dollar and the euro in international reserves is on the rise, according to a Russian representative. The trend is being observed as a growing number of countries try to use their national currencies in foreign trade settlements, the official noted. Russia...
Cambridge Revises Bitcoin Mining Index, Lowers BTC’s Estimated Power Use
1.9.2023
Cambridge Centre for Alternative Finance has significantly revised its Bitcoin Electricity Consumption Index, lowering its estimates of the cryptocurrency’s energy use after finding its previous model greatly overstated power consumption. Cambridge Centre Revises Bitcoin Energy Estimates...
MakerDAO Should Use Solana’s Code to Build Its New Blockchain, Co-Founder Says
1.9.2023
Some community members have already pushed back against the idea
Africa-Focused Remittances Fintech Lemfi Raises $33 Million in Series A Funding Round
31.8.2023
An Africa-focused remittances platform, Lemfi, recently said it has raised $33 million in a Series A round led by Left Lane Capital. Lemfi said it will use the capital raise to “expand its product offering to the United States, Europe, the Middle East, and Asia.” Making Remittances Less...
Save a Tree, Use Web3
30.8.2023
Distributed technologies can reshape supply chains, and help consumers and businesses to make more responsible decisions
Today in Crypto: Regulator Allows Belgians to Use Binance Poland, US SEC Says an Issuer’s NFTs are Securities and Orders It to Compensate Investors, LimeWire Launches 'World's 1st Blockchain-Based AI Creator Studio on Polygon'
29.8.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Regulator Allows Belgians to Use Binance Poland, US SEC Says an Issuer’s NFTs are Securities and Orders...
Consumer surveys show a growing distrust of AI and firms that use it
29.8.2023
A global consumer survey from Salesforce shows a growing distrust toward firms that use AI, while an Australian survey found most believe it creates more problems than it solves
Friend.tech threatens to punish users if they use copycat apps
29.8.2023
Friend.tech warned users who choose to jump ship to “forks and copies” will see their existing points forfeited