Cryptocurrency Analysis and News Portal
Bitcoin price is likely to push higher in December despite the regulatory pressure in the United States as the Fed struggles to lower inflation to 2 percent. The Bitcoin (BTC) narrative as a global reserve currency is fast catching up with poor monetary policies around the world. In the past 24
Read More
Just two days after Microsoft CEO Satya Nadella hired former OpenAI CEO Sam Altman to lead a new advanced AI research team, OpenAI backtracked on its decision to let go tOn Nov. 22, OpenAI announced a new agreement that would see the return of Altman as the company CEO. The company
Read More
Several members of the United States Congress have submitted a memo urging key financial authorities, including the chair of the board of the Federal Deposit Insurance Commission and the acting comptroller of the currency, to provide guidance or take action clarifying that the U.S. Securities and Exchange Commission (SEC) Staff
Read More
“This proposal is a first step in a broader goal of further decentralizing governance for Polygon protocols in a security-oriented and responsible way,” Polygon wrote in their blog post. “Going forward, the community will help steer membership and terms of the Council through direct feedback, PIP proposals, as well as
Read More
mBridge stands out as the sole international CBDC project in which China has participated. Currently, all participating central banks have CBDCs in the pilot project phase. The Hong Kong Monetary Authority (HKMA) CEO Eddie Yue has revealed plans for significant expansion of the mBridge project, which involves the central bank digital
Read More
Project mBridge may soon see significant expansion, according to Hong Kong Monetary Authority (HKMA) CEO Eddie Yue. He outlined the plans for the central bank digital currency (CBDC) project in a speech in Shanghai.Yue said tests have shown mBridge to provide faster, cheaper, more transparent cross-border payments. The project was
Read More
A few weeks after launching, the Spacemesh protocol is making steady progress. Following nearly five years of research and development, the platform has demonstrated positive outcomes. Notably, this growth is without extensive marketing efforts and is primarily driven by word-of-mouth Tomer Afek, the co-founder and CEO, takes us through the project,
Read More
Seven leaders in decentralized finance (DeFi) have banded together to form the Tokenized Asset Coalition (TAC). The new advocacy group will work toward the adoption of public blockchains, asset tokenization and institutional DeFi, it announced Sept. 7.Aave Companies, Centrifuge, Circle, Coinbase, Base, Credix, Goldfinch and RWA.xyz are the coalition’s founding
Read More
The circumstances behind the mysterious $16 million withdrawal from the Pepecoin (PEPE) project’s multisig wallet have seemingly been revealed, with the finger being pointed at three ex-team members who went rogue. On Aug. 24, the price of PEPE plunged by roughly 15% amid fears of a potential rug-pull after the
Read More
The meeting will concern "digital-asset legislation and related issues including tax, national security, privacy and climate," the report said. Recently, lawmakers from the House and Senate have introduced separate bills in an attempt to bring clarity to crypto regulation, though the reality of a divided Congress means it's unclear whether
Read More