Caitlin Long, CEO of Custodia Bank, asserts, “The law is very clear,” with the exception of the Fed’s involvement. She noticed Amsterdam-based Adyen among the first group of 35 financial institutions that were granted access to the new 24-hour payment system FedNow on Thursday. The financial technology business got a
July 23, 2023 1 min read
In an intriguing update, Cardano CEO and founder Charles Hoskinson discusses the recent addition of rollups to the network. The founder of Cardano was asked which project he was talking about when he mentioned rollups or a rollup strategy in two separate YouTube broadcasts this year. The sidechains project requires
July 23, 2023 2 mins read
El Salvador was the first nation to recognize Bitcoin (BTC) as legal cash, and this year the country’s bonds have seen gains of 60%, second only to Bitcoin’s 80%. The unexpected interest in the country’s national debt indicates a dramatic change in outlook towards the economy. A year ago, El
July 22, 2023 1 min read
Bitcoin has fallen back below the $30,000 barrier, depressing short-term investors who bought in during the recent Bull Run. Perhaps Bitcoin’s volatility is what attracted investors looking to hold for the long haul. Glassnode reports that the number of Bitcoins in circulation held by long-term holders has hit an all-time
July 22, 2023 2 mins read
Ahead of the highly-anticipated August release of the Layer-2 blockchain Shibarium, the Shiba Inu ecosystem’s governance token Bone ShibaSwap (BONE) has secured a listing on a prominent crypto exchange. The official Shiba Inu Twitter account announced the news to the crypto community at large. $BONE has landed on @Changelly_team 🚀Unleash
July 21, 2023 2 mins read
An abnormality on the Bitcoin network has been noticed by PeckShield Alert. It took more than an hour to mine a block of Bitcoin (BTC), leaving many transactions in pending condition. PeckShield shared an image showing that the most recent two blocks were mined 95 minutes apart by F2pool and
July 21, 2023 2 mins read
Shiba Inu billionaire addresses, defined as those with 100 billion to 1 trillion SHIB, have amassed trillions of cryptocurrency over the previous 30 days, as per data from IntoTheBlock. Traders and investors alike are piling up SHIB. According to IntoTheBlock data, Shiba Inu billionaire addresses have further accumulated 20% SHIB
July 20, 2023 1 min read
The United Kingdom’s HM Treasury “firmly disagrees” with a suggestion by the House of Commons Treasury Committee to label cryptocurrency trading as gambling. In May of 2023, a cross-party Committee of MPs recommended the new legislation. In its formal report, the Committee noted that crypto assets had “no intrinsic value”
July 20, 2023 2 mins read
Conflux Network, China’s first regulatory-compliant public blockchain, has announced a new cooperation with World Mobile, the only global blockchain-based mobile network. Following the Conflux BSIM card’s successful debut earlier this year, the two businesses will initially collaborate in four areas as part of this relationship. 1) Public Bridging World Mobile Token (WMT)
July 20, 2023 2 mins read
The much-anticipated release of the Shiba Inu wallet was announced via the official Tangem Twitter account. Early clients may expect to get their state-of-the-art wallets as early as next week, as per the tweet. Tangem and Shiba Inu have been working together on an innovative cold wallet solution since early
July 19, 2023 2 mins read