Speaking at a City and Financial Conference today, John Glen said authorities need to regulate stablecoins due to the threat it poses should a major firm dominate the sector. “There is the potential for some firms to swiftly achieve dominance and crowd out other players due to their ability to scale and plug into existing...Read More
With collaboration from the NBA, highlight clips have become NFT collectible cards. Canadian technology company Dapper Labs continues its lucrative streak by nabbing a whopping $305 million dollars from new investors. Private Equity Firm Cotue Rakes in Big Names The New York investment company Coatue Management, responsible for several other technology investments, has sealed a...Read More
A global open-source hybrid blockchain protocol, eXchange inFinite (XinFin), has partnered with the enterprise software firm R3. As a result, the latter’s DLT-based platform Corda will use the XDC token as the primary settlement coin. The Bridge Between R3’s Corda and Blockchain Networks In a press release shared with CryptoPotato, both parties announced the collaboration,...Read More
A few months after it filed a lawsuit against Ripple for conducting an unregistered security offering, the SEC has done the same against another blockchain project. This time, it’s going for LBRY – a project operating a decentralized content publishing platform. $11M Worth of Unregistered Securities Offering? Based in New Hampshire, US, LBRY Inc is...Read More
The latest report by on-chain analysis provider Glassnode has unraveled more details on Bitcoin spending habits that could suggest that market sentiment is still bullish. Glassnode observed that held coins are beginning to mature, and continued outflows from exchanges demonstrate accumulation is not slowing down. #Bitcoin held above $50k last week as early signs of...Read More
We’re continuously enhancing our trading engine to maintain the BitMEX platform’s excellent performance. As part of our latest initiative to facilitate a major upgrade to our system architecture, we will temporarily halt trading in our Testnet environment on Thursday, 1 April at 02:15 UTC, and our production (Mainnet) environment on Thursday, 8 April at 02:15...Read More
On March 31, Cardano will become a fully decentralized platform, this means that over 1,800 community pools will be responsible for block production. Since the release of the Shelley update in July 2020, Cardano was slightly criticized by the DeFi community for issuing their own blocks while its SPO (stake pool operator) was being developed,...Read More
PayPal will reportedly announce later today that it has started allowing consumers from the US to use cryptocurrency to pay at the millions of merchants that the payment processor supports. PayPal, the world’s leading online payment processor, will announce later today that it has started allowing US customers to use their crypto within its network, Reuters reports....Read More
Positive news for the blockchain-based payment processor Ripple, as District Judge Analisa Torres has approved XRP holders to intervene in the ongoing legal case against the Securities and Exchange Commission (SEC). Additionally, the company has acquired a 40% stake in the large Asian cross-border payments firm – Tranglo. XRP Holders to Intervene in the SEC...Read More
[PRESS RELEASE – Please Read Disclaimer] Nowadays there is intense competition between Ethereum and Binance Smart Chain. And it is essential for many projects to have tokens in both blockchains. The MyWish team has invented this solution. This service was launched with the aim of wrapped tokens on any blockchain, especially across Ethereum and Binance...Read More
