The Bank of Canada (BoC) has launched a public consultation to seek input from Canadians on the possible creation of a digital Canadian dollar. The consultation will run from May 8 until June 19, and ...
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Estonia Shuts Down Crypto Firms
In recent news, Estonia has strengthened its Anti-Money Laundering laws and almost 400 virtual asset service providers (VASPs) have shut down as a result. The amended laws expanded the defined scope o...
US Regulator Crypto Custody Proposal Opposed
In response to the SEC’s proposal to amend its custody rule, the Blockchain Association and Andreessen Horowitz have filed letters of opposition. The Blockchain Association claimed that the rule...
Public Worry Grows Over Bank Stability
In a recent Gallup poll conducted across the United States in April, 48% of respondents expressed concern about their money in the bank, with almost 20% indicating they were “very concerned.R...
Here Are Some Real-Life Applications of These
Smart contracts are contracts that do not require any third party to execute the contract. They execute themselves if a certain condition is met. They are mainly used in blockchain networks. However, ...
AMD Shares Attract Big Money Support
Advanced Micro Devices is a Magnet for Big Money So, what’s Big Money? Said simply, that’s when a stock presses higher alongside chunky volumes. It’s indicative of institutions betting on the shares. ...
Litecoin [LTC] surpasses BTC amidst growing congestion – is it enough to increase adoption
The demand for Litecoin could have increased after the recent announcement of the LTC-20 token standard. Litecoin Ordinals reached a significant milestone of reaching one million inscriptions. Liteco...
Is Web3 still the thing in 2023 after A.I. Dominance
Web3 is the modern day king in the world of internet. This technology helps the users to secure the data by providing the ownership of the data to themselves only. But the question is that, in the wor...
Epic CEO mocks ‘metaverse is dead’ notion — 600M coming to the ‘wake’
Epic Games CEO Tim Sweeney is just as optimistic about the Metaverse as ever, after poking fun at a recent suggestion that online virtual worlds are “dead.” The now-billionaire video game entrepreneur...
Paypal Reveals its Crypto Holding – Here’s How the Portfolio Looks Like
It has been recently discovered that PayPal is holding nearly $1 billion worth of Bitcoin, Ethereum, and two other alternative cryptocurrencies. This signals a growing trend among payment providers to...
Tight inventory and still-high mortgage rates keep would-be buyers sidelined
Good morning, friends. Phil Rosen here. Today we’re talking housing — but before we get to that, the big thing to watch today is President Joe Biden’s meeting with congressional leaders. T...
Grayscale expands ETF business, puts forward 3 new crypto funds
Three new crypto-focused exchange-traded funds (ETFs) have been put forward for approval by cryptocurrency asset manager Grayscale Investments, which also announced a new entity to manage its growing ...
Occidental Petroleum quarterly earnings down 48%, misses estimates
By Sabrina Valle and Sourasis Bose HOUSTON (Reuters) -U.S. oil and gas producer Occidental Petroleum Corp on Tuesday reported a 48% decline in first-quarter earnings that fell well short of analyst es...
Non-web3 communities are doomed | Opinion
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinio...
Zimbabwe Unveils Gold-Backed Central Bank Digital Currency
Introduction Investors can now invest, save and transact in Gold as the Reserve Bank of Zimbabwe confirmed the issuance of a gold-backed digital currency, last week. It is so flexible and feasible tha...
Ex-Coinbase Manager Gets 2 Years In Prison For Insider Trading
A former product manager of Coinbase has been sentenced to two years in prison for insider trading charges, just weeks after the company announced its move to conduct business in the Bahamas. This dev...
Why Polygon is Dipping? MATIC Hits Lowest Price Since January 2023
11 seconds ago | 2 mins read Altcoin News The Polygon trading price has moved below the support line. The RSI sector indicates the market is oversold. Polygon (MATIC), the Ethereum scaling solution, h...
Fired Coinbase Exec Caught With Insider Trading Sentenced to 2 Years in Prison
After pleading guilty earlier this year, former Coinbase Product Manager Ishan Wahi has been sentenced to 2 years in prison in a landmark case for insider trading with cryptocurrencies. The sentence ...
When It Comes To Sustainable Cotton, Fashion’s Focused On 1% at the Expense Of The Other 99. Why?
A field of a genetically modified variety of cotton called Bt Cotton with inbuilt insecticide … [+] resistance, in India. Corbis via Getty Images Cotton’s environmental impacts are well-pu...
Can Bitcoin [BTC] capitalize on Ordinals’ latest achievement
The increase in Ordinals fees caused a surge in miners’ revenue. However, metrics for BTC were bearish, suggesting a further price decline. Bitcoin [BTC] Ordinals is creating new milestones every ot...
To Gain Grounds; Stands Mysten Labs With 11 in All: VG Scout
Mysten Labs is allying with 11 companies to bring out a new sphere of videogames on Sui-blockchain networks. It’s soon going to be operational by about May 15th. Evan Cheng, CEO, Mysten Labs has take...
Grayscale establishes funds trust, files for three new crypto funds
Grayscale Investments announced on May 9 that it has formed a new entity called Grayscale Funds Trust and filed for three new crypto investment funds. Grayscale proposes three new ETFs The Grayscale F...
Former Coinbase Product Manager Gets Two Years For Insider Trading
A former Coinbase product manager was today sentenced to two years in prison for insider trading—the first of its kind in the crypto world. Ishan Wahi, 32, and his associates—including his brother, N...
Global Move to End Reliance on US Dollar Underway, With Nations Buying Gold in a ‘Very Big Way’: Ex-Morgan Stanley Head
Central banks around the world are now looking for ways to get around the US dollar’s world reserve status, according to former Morgan Stanley executive and investment veteran Ruchir Sharma. In an int...
Dapps Transactions Soared on Cardano ; ADA Price Bearish
A Cardano’s decentralized apps (dApps) insights provider recently tweeted about the the surge in transactions on Cardano dApps. The price of Cardano (ADA) has been in a bearish trend with most cryptoc...
PEPE Whale Who Earned $14.5M Turns To Turbo, Is This The Next Big Thing?
A whale recently transferred $14.5 million of PEPE to Binance and is now buying TURBO, Lookonchain data on May 9 shows. Pepe coin (PEPE) is a meme token and one of the top-performing assets after rall...
Analyst Known for Calling Bottoms Predicts Ethereum Correction, Says ETH Screaming Bearish Signal
A crypto strategist who built his following after nailing the 2018 Bitcoin (BTC) bear market bottom says that Ethereum (ETH) is flashing signs of bullish exhaustion. Pseudonymous analyst Bluntz tells ...
No Biggie? AI Is Coming for Fast-Food Worker Jobs
Fast-food giant Wendy’s will use AI to try and take a quantum leap in customer service, unveiling a new chatbot set to automate drive-thru service. The bot, trained on Google’s natural-lan...
Coinbase Calls for Revision on ‘Misguided’ RIA Rulemaking
Coinbase has called for certain modifications to the proposed rule regarding registered investment advisers’ (RIA) obligations to hold client assets at qualified custodians. Even as the United States ...
Biden ‘Considering’ Using 14th Amendment To End Debt Ceiling Standoff Without Congressional Action
Topline President Joe Biden said Tuesday the White House is “considering” invoking a Civil War-era constitutional amendment as a potential solution to the debt ceiling showdown, marking the first time...
Grayscale launches Funds Trust, files for three new crypto ETFs
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied In a move that underscores its commitment to expanding global asset management capabilities, Grayscale Investments has ...
Barry Callebaut Doubles Down On Sustainability Investment In Côte D’Ivoire Cocoa Farms Ahead Of New EU Anti-Deforestation Law
Barry Callebaut steps up its sustainability efforts in Côte d’Ivoire through an agroforestry model. Nana Kofi Acquah © Barry Callebaut Swiss cocoa processing giant, Barry Callebaut, has outlined a new...