Month: March 2021

Ripple CEO Waiting for Gary Gensler’s Confirmation to Have Conversation with SEC

Blockchain company Ripple is pinning its hopes on crypto-savvy MIT professor Gary Gensler who’s expected to be confirmed as the new chairman of the SEC later this month. When asked whether there’s a prospect of settlement during a recent Bloomberg interview, CEO Brad Garlinghouse said that he hoped to “revisit” such conversations with a new

Tether Is Trying to Be More Transparent. But Questions Linger

Yesterday, stablecoin issuer Tether released an attestation regarding its reserves—the amount of assets that “back” each coin. It’s the first such attestation from Tether in years, and it hasn’t exactly reassured the skeptics. According to the document—which consists of Tether’s own report, plus a statement from a small Cayman Islands accounting firm called Moore Cayman—as

The Weeknd Clears Schedule for an NFT Mic Drop

Musical artist The Weeknd, last seen pointing to cardboard cutouts of fans at the Super Bowl halftime show, is hoping more people are able to participate in his upcoming NFT release. The Grammy-winning Canadian singer tweeted today that his first NFT collection will be released on the Nifty Gateway marketplace this Saturday (because, hey, it’s

Digital Euro Will Be Decided On Within Months: ECB’s Lagarde

A decision on a digital Euro will be made in the next few months—but the actual release of such a currency could take years, European Central Bank boss Chirstine Lagarde said today. The ECB president told Bloomberg that the whole process of developing a central bank digital currency (CBDC) could take at least another four

Cardano Achieves Historic Feat by Reaching Complete Decentralization

History has been made. At 21:44:51 UTC, Cardano, the fourth-largest blockchain by market cap, became fully decentralized, with block production now being completely controlled by the community. The global network of more than 2,000 stake pools is now in the driving seat. Aparna Jue, product director at IOHK, calls it “a key milestone” for the

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Binodelix Introduces Mobile Bitcoin Wallet

The institutional platform for trading bitcoin derivatives Binodelix has launched a mobile application that allows you to store, buy and sell the first cryptocurrency. According to the statement, Binodelix App users can also: accumulate rewards for loyalty programs; send cryptocurrency or fiat to your friends; buy discounted gift cards from more than 75 brands; convert

Binance Invests in PAID Network Just Weeks After Hack

PAID Network has announced receiving investment from Binance’s $100M DeFi Accelerator Fund. The sum comes just weeks after PAID was hacked for nearly the same amount. PAID Will Integrate With Binance Smart Chain On Mar 5, an unknown hacker exploited PAID Network’s smart contract and minted over 59.4 million PAID tokens worth $166 million at

BlackRock, World’s Biggest Asset Manager, Has Been Stealthily Trading Bitcoin

In January SEC filings, investment firm BlackRock indicated it could add Bitcoin futures to its funds down the road. Turns it, it already has. In new SEC filings from today, the BlackRock Global Allocation Fund indicated that it held 37 futures contracts from the Chicago Mercantile Exchange worth nearly $360,458. The amount represented 0.0014% of

Enjin Launches New NFT Blockchain on Polkadot

The Polkadot ecosystem welcomes a new NFT network launched by Enjin. The new platform will foster blockchain interoperability, increasing the liquidity of both protocols. Enjin Launches NFT Blockchain on Polkadot Enjin is ready to launch a next-generation NFT blockchain on the Polkadot network after an $18.9 million private sale. Dubbed Efinity, it will enable highly

Goldman Sachs Plans Suite of Bitcoin Products for Q2

Mary Rich, Goldman Sachs’ head of digital assets of private wealth management division, told CNBC this morning that the bank plans to launch a “full-spectrum” of investments in Bitcoin and other digital assets. Goldman Follows Morgan Stanley into Bitcoin Goldman Sachs, which commands over $1.8 trillion in assets, plans to offer BTC investment via “physical

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