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Search Results for: crypto adoption

US Federal Reserve on Bitcoin’s Response To Monetary News

On Wednesday, US Federal Reserve Bank of New York released a 31-page report titled “The Bitcoin – Macro Disconnect”, compiling the findings of the impact of macroeconomic news on Bitcoin and other asset classes. Significantly, the findings of the analysis pushed the United State’s central bank into a perplexed state. 

February 9, 2023 2 mins read

VRRB Labs Launches Decentralized Protocol Leveraging Proprietary “Proof of Claim” Algorithm to Solve Blockchain Trilemma

Raises Pre-Seed Funding Round from Investors Including Jump Crypto, Taureon, and Big Brain Holdings MIAMI–(BUSINESS WIRE)–VRRB Labs (“VRRB”), a decentralized protocol that combines speed, scalability, and decentralization without sacrificing security, today announced that it has raised $1.4 million in pre-seed funding to support its development of an innovative blockchain that

February 8, 2023 4 mins read

DataStax Launches New Cloud Service to Spur Rapid Web3 Innovation

Astra Block Transforms Process of Building and Scaling Web3 Experiences With a Real-time, Off-chain Copy of Entire Ethereum Blockchain Dataset on the Massively Scalable Astra DB Database SANTA CLARA, Calif.–(BUSINESS WIRE)–DataStax, the real-time AI company, today announced the launch of Astra Block, a new service delivered within the Astra DB

February 8, 2023 4 mins read

Blockchain for Energy Launches an Inclusive Platform to Access and Build Smart Contract Solutions

Blockchain for Energy continues extending their industry solutions offering with the launch of their new Network & Platform HOUSTON–(BUSINESS WIRE)–#Blockchain–Energy industry consortium, Blockchain for Energy (B4E), has now launched its own network & platform. Using this platform, member companies can build, test, and access smart contract solutions all in one

February 7, 2023 3 mins read

Banxa and MetaMask Partner to Make it Easier to Access Web3

Partnership will simplify crypto purchasing for MetaMask users in Canada, Netherlands, Australia, South Africa, and Turkey and reduce fees globally TORONTO–(BUSINESS WIRE)–BANXA Holdings Inc. (TSXV:BNXA) (OTCQX:BNXAF) (FSE:AC00) (“Banxa” or “The Company”), the leading on-and-off ramp solution for Web3, today announced an integration with ConsenSys’ leading self-custody Web3 wallet, MetaMask, to

February 7, 2023 4 mins read

Introducing CoinTracker Connect: The Collaboration Hub Streamlining Engagement Between Tax Professionals and Taxpayers

Coinbase is the First Company to Enhance the Tax Filing Process for Tax Pros and Crypto Users Through CoinTracker Connect SAN FRANCISCO–(BUSINESS WIRE)–CoinTracker, the market leader in cryptocurrency tax and portfolio tracking for consumers, today announced the launch of its newest product: CoinTracker Connect. The novel collaborative hub enables users

February 7, 2023 3 mins read

New BIS Innovation Hub Head Outlines Cross Border CBDC Limitations

The new head of the BIS Innovation Hub Cecilia Skingsley remarked on Monday that central bank digital currency (CBDC) would never have complete interconnectivity owing to cross-border limits. Despite the instability in the crypto business last year, such as the bankruptcy of the FTX crypto exchange. Skingsley notes the rebound

February 6, 2023 1 min read

Uniswap Community Votes in Favor to Deploy on Boba Network’s Ethereum Layer-2

The Boba Foundation on behalf of the Boba network community is happy to announce that the governance vote to deploy the top decentralized exchange (DEX) Uniswap v3 on the Boba Network L2 on Ethereum was successful. The Boba Network is the only multichain layer-2 blockchain scaling solution and the only

February 6, 2023 4 mins read

China Promotes CBDC Through Millions of Digital Yuan Giveaway

Over the Lunar New Year period, the Chinese Central Bank distributed CBDC worth millions of dollars around the nation. Around 200 events for the e-CNY were introduced around the nation during the holiday season. This is according to a report in the Global Times which is an English-language arm of

February 6, 2023 1 min read