Rep. Warren Davidson: Stablecoin bill has ‘outside chance’ of finalizing this year
Earlier this week, new draft legislation on stablecoins came to light aimed at “endogenously collateralized stablecoins.” Go to Source Powered by WPeMatico
Month: September 2022
Fork, yeah! Cardano Vasil upgrade goes live
Cardano’s newest hard fork is the blockchain’s most significant update since adding smart contract functionality in September. Go to Source Powered by WPeMatico
Iran Begins Central Bank Digital Currency ‘Crypto Rial’ Pilot Today
The Central Bank of Iran (CBI) has reportedly begun a pilot for its central bank digital currency (CBDC), also known as “crypto rial.” Iran’s chamber of commerce explained that the “crypto rial has been designed in a way that is easy to track, and even if the data on the smartphones are hacked, the crypto … Read more
Many NFT projects lack adequate smart contract testing, says nameless founder
Last year, the Akutars NFT collection sold out 15,000 tokens, but a major big saw $33 million worth of Ether (ETH) generated from sales locked into an inaccessible smart contract. Go to Source Powered by WPeMatico
Rushing ‘token mapping’ could hurt Aussie crypto space — Fintech founder
Australian crypto entrepreneur Fred Schebesta said Australia already has a “fledgling” crypto industry but needs to “align with the other major markets.” Go to Source Powered by WPeMatico
JPMorgan CEO Jamie Dimon Tells Congress Crypto Tokens Like Bitcoin Are ‘Decentralized Ponzi Schemes’
JPMorgan Chase CEO Jamie Dimon said in a U.S. congressional hearing that crypto tokens, like bitcoin, are “decentralized Ponzi schemes.” He told lawmakers: “I’m a major skeptic on crypto tokens which you call currency.” JPMorgan CEO Jamie Dimon Calls Crypto Ponzi Schemes Jamie Dimon, the CEO of JPMorgan Chase & Co., shared his view about … Read more
Uniswap Foundation to Distribute $1.8 Million in Grants to 14 Recipients
The Uniswap Foundation (UF), the group behind the decentralized exchange (dex) Uniswap, announced the first wave of foundation grants on Wednesday as it plans to distribute $1.8 million total, awarded across 14 grants. The UF announcement details that a touch more than $800K will be awarded to Uniswap Diamond, a project being constructed by GFX … Read more
XRP price breaks out of range with a 25% rally, but why?
XRP attracts buyers after the hope of a positive court ruling triggers a 25% rally above a key longer term resistance level. Go to Source Powered by WPeMatico
UK gov’t introduces bill aimed at empowering authorities’ to ‘seize, freeze and recover’ crypto
King Charles announced the bill in May to both houses of the U.K. Parliament, saying it was aimed at tackling illicit finance, reducing economic crime and helping businesses grow. Go to Source Powered by WPeMatico
Funko Partners With Walmart to Drop DC Digital Collectibles and Physical Twin Counterparts
Funko has teamed up with the multinational retail corporation Walmart and the American film and entertainment studio Warner Bros. to bring digital collectibles to the retail space, the pop culture collectibles firm announced on Wednesday. According to Funko, the digital collectible offering is consumer friendly as fans can purchase the non-fungible token (NFT) and physical … Read more
