Why the real Ethereum killer might just be Bitcoin
Bitcoin is the most secure blockchain, and Ethereum’s proof-of-stake move will expose it to more security risks, writes Jagdeep Sidhu of Syscoin Network.
-
-
Markets: Bitcoin climbs above $19,000, Ether bounces back, BNB gains on staking
Bitcoin rose above US$19,000 on Thursday morning in Asia, recovering along with other tokens in the top 10 by market capitalization after a sharp sell off on Wednesday. Ether moved higher after the Binance exchange, the world’s biggest, said it would offer Ether staking, a move that boosted its own BNB token. See related article:…
-
SEBA Bank launches Ethereum staking services as ‘Merge’ nears
Switzerland-based SEBA Bank, a global cryptocurrency lender, has introduced Ethereum staking services aimed at enabling clients to earn staking rewards on Ethereum. See related article: Ethereum’s Bellatrix upgrade now live despite concerns Fast facts Ethereum staking services would enable clients to earn rewards on a monthly basis, with adjustable lock-up periods available post-Merge, SEBA Bank…
-
Binance pushes out USDC in aggressive move to boost its own stablecoin
Top blockchain and crypto news: USDC gets the boot from Binance. MicroStrategy looks for Lightning strikes. STEPN heads to Hong Kong.
-
Markets: Bitcoin stays under US$19,000, Ether biggest loser among top 10 crypto
Bitcoin fell further in Wednesday afternoon trading in Asia, while Ether lost the most ground among the top 10 cryptocurrencies by market capitalization. Ethereum Classic fell more than 15%. See related article: Markets: Bitcoin slumps below US$19,000, Ether drops despite Merge progress Fast facts Bitcoin dropped 5.6% in the past 24 hours to US$18,801.4 at…
-
China has seen blockchain’s future and it doesn’t include cryptocurrencies
China’s Blockchain-based Service Network wears two hats in building blockchains: one for business in China and one for everywhere else, but it doesn’t see a role for crypto in either.
-
Crypto could pose ‘major’ risk to S.Korea’s financial stability, think tank says
The country’s growing ties to crypto could expose its financial sector to volatility and ‘damage its credibility,’ a researcher says.
-
S.Korea to set up securities market for crypto tokens
South Korea’s top financial regulator announced Tuesday a plan to open a separate digital securities market similar to the KOSPI (Korea Composite Stock Price Index), in a move to institutionalize and promote cryptocurrencies. See related article: South Korea’s taxman keeps circling crypto – airdrops look to be the next target Fast facts The planned digital…
-
RBI asks 4 state-run banks to test digital rupee, in talks with fintech: report
India’s Reserve Bank of India has asked four state-run banks to test its central bank digital currency (CBDC), due for launch this financial year, even as the central bank seeks a ban on cryptocurrency trading in the country. See related article: RBI is causing crypto hesitancy among Indian banks Fast facts RBI has chosen the…
-
New UK PM, finance minister have previously supported crypto, blockchain
Britain’s new Prime Minister Liz Truss has appointed Kwasi Kwarteng, former head of the U.K.’s department for business, energy and industrial strategy, as the new finance minister, charging him with decisions that will impact British and global crypto markets. See related article: Bank of England calls for greater crypto regulation Fast facts Former Finance Minister…