In one of three reports released simultaneously Friday, the Treasury Dept. talks cautiously about stablecoins and CBDC in the context of wider payment technology.
Powered by WPeMatico
Author: DIGIT
Blockchain Association calls White House’s crypto framework a ‘missed opportunity’
Critics claimed the Biden administration’s reports focused on environmental concerns over crypto’s energy consumption and illicit uses rather than the technology’s benefits.
Powered by WPeMatico
Luart Officially Rebrands to Arcnes as the Platform Looks to Be More Than Just an NFT Marketplace
PRESS RELEASE. Luart has announced an official rebranding to Arcnes, a move that will better position the NFT platform to innovate and grow to its fullest potential, and this is because Arcnes is more than just a marketplace; it’s a tool for blockchain-based gaming and NFT projects. In addition, the platform will assist project founders […]Powered by WPeMatico
The PoW Dominance Purge — Only 6 Crypto Assets out of the Top 50 Market Caps Use Proof-of-Work
At the time of writing, only one coin in the top ten crypto assets by market capitalization is a proof-of-work (PoW) token and out of the top 20, there are only three tokens that leverage a PoW consensus mechanism. Moreover, out of 50 of the largest crypto coins by valuation, only six use PoW and […]Powered by WPeMatico
Crypto Biz: The biggest problem with DeFi isn’t what you think
Decentralized finance still has a ways to go before it can attract institutional capital. Meanwhile, Fireblocks has become a nine-figure revenue-generating company.
Powered by WPeMatico
Biggest Movers: ATOM Moves Closer to 4-Month High, LINK Also Higher
Cosmos was once again in the green, as the token moved closer to a four-month high during Friday’s session. Prices rose past a key resistance level during the day, as bullish sentiment continued to rise. Chainlink also traded higher, as prices surged for a third straight session. Cosmos (ATOM) Cosmos (ATOM) continued to trade higher […]Powered by WPeMatico
40%+ Ethereum PoS nodes are controlled by two addresses says Santiment data
Data released hours after the Merge prompted concerns about the alleged centralization of PoS.
Powered by WPeMatico
Bitcoin exchange inflows see biggest one-day spike since March 2020
236,000 BTC enters trading platforms in a single day amid what one commentator calls “unusual” exchange flows.
Powered by WPeMatico
European Union to Launch Global Metaverse Regulation Initiative in 2023
The European Union (EU) will present an initiative to address the metaverse and all the activities and interactions happening in it sometime in 2023. The proposal, which was qualified as ”key” in the State of the Union letter of intent authored by Ursula von der Leyen, President of the European Commission, will present several initiatives […]Powered by WPeMatico
Global inflation mounts: How stablecoins are helping protect savings
More people are using stablecoins to hedge against inflation, as they offer numerous benefits.
Powered by WPeMatico