Day: July 8, 2021

NBA’s Spencer Dinwiddie Says Crypto App Calaxy Can Compete with Cameo, OnlyFans

Spencer Dinwiddie first made waves in the crypto world in 2019 when he announced plans to sell tokenized shares of his $34 million NBA contract. The offering was twice delayed after the NBA objected to the venture based on its rules against transferring compensation, and when the token sale finally happened in 2020, Dinwiddie raised

Reality TV Show Hunting for People Who’ve Lost Bitcoin Fortunes

TV production studio ITV America has published a casting call for a new reality show focused on people who’ve locked themselves out of their cryptocurrency wallets—and are prepared to do whatever it takes to get them back. “Now casting: Are you on the verge of losing your crypto? From the producers of Alone and Queer

Anatoly Yakovenko Explains Why Solana Will Succeed

Crypto Briefing looked under the hood of the Solana ecosystem in an interview with Anatoly Yakovenko, the co-founder of Solana and CEO of the core team at Solana Labs. He discussed the rate of development on the platform, how it can compete with Ethereum, and why it’s well-positioned to succeed. Building a Non-EVM Ecosystem Solana

Terra and Harmony Announce Tight Full-Stack Partnership Focused on Users, Developers, and Mass Adoption

Terra and Harmony have announced a full-stack partnership. Terra and Harmony Link Up True to our cross-chain and interoperability vision, today we’re announcing a deep integration and partnership with Terra, a large and growing ecosystem focused on programmable money and other financial primitives. Stephen Tse, Founder of Harmony said the following: “We are excited to

USDC Provider Circle to go Public in $4.5B SPAC Deal

Cryptocurrency payments firm Circle has confirmed its plans to become a publicly-traded firm through a SPAC deal in Q4 2021. Circle Plots SPAC Deal Circle will merge with Concord Acquisition, a shell company, to become a publicly traded company, the firm announced Thursday. Rather than filing an Initial Public Offering (IPO), Circle will combine its

Gemini Plots Asia-Pacific Expansion in Bid to Go Global

Crypto exchange Gemini will further expand its operations in the Asia-Pacific region following its rapid growth in Singapore. Gemini Heads to the Asia-Pacific Gemini is expanding its global footprint. Following the success of its Singapore office launched last year, Gemini is planning further expansion into the Asia-Pacific region, the company announced in a Wednesday blog

Balancer V2 Introduces Stable Pools to Reduce Fees for Users

Ads Ads Balancer v2, a top-league ecosystem of decentralized financial protocols, has announced yet another notable addition to its ecosystem. Starting from today, its users can work with liquidity from three types of pools. Stable pools on Balancer v2 According to an official announcement shared by Balancer Labs on social media, the protocol has integrated

China Central Bank: Stablecoins Pose ‘Risks’ To Global Financial System

China’s central bank is “quite worried” by the potential impact of global stablecoins on the international financial system, CNBC reported on Thursday. Speaking to reporters, Fan Yifei, a deputy governor of the People’s Bank of China (PBoC), said that, “Some commercial organizations’ so-called stablecoins, especially global stablecoins, may bring risks and challenges to the international

Binance Now Blocked in China

On July 8, many Binance users found out that the website had been blocked in China, according to cryptocurrency blogger Colin Wu. Ads Ads On the evening of July 8, Beijing time, many users found that the Binance APP appear to be blocked in China and must use a VPN to log in. — Wu

Bank of America Dives Deeper Into Crypto by Creating Own Research Team

Bank of America has built a dedicated cryptocurrency research team, according to a recent Bloomberg report. Candace Browning, head of BofA Global Research, described crypto as one of the fastest-growing technologies: Ads Ads We are uniquely positioned to provide thought leadership due to our strong industry research analysis, market-leading global payments platform, and our blockchain

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