Once we have scaling technology […] it actually becomes possible to really try to make crypto payments more mainstream again,” Ethereum cofounder Vitalik Buterin said during his keynote speech at the Korea Blockchain Week 2022 conference on Monday. See related article: Prominent Chinese ETH miner plans proof-of-work fork amid The Merge Fast facts “Cryptocurrency payments…
Bitcoin and Ethereum rose in early morning trading in Asia, along with most other tokens on the top 10 list by market capitalization. BNB rose 3.4% to reach US$325, adding to gains made last week when the Binance exchange, the BNB issuer, said it would add more tokens. Cardano briefly touched a week’s high, up…
The U.S. bill to bring cryptocurrencies under the oversight of the Commodities Futures and Trading Commission is likely to hasten legislation of such digital assets around the world.
Binance has partnered Mastercard to introduce a Binance card in Argentina for making purchases and paying bills with cryptocurrencies. See related article: Philippines’ SEC warns public not to invest with Binance Fast facts The product is currently in a beta phase and will be widely available in the coming weeks, Binance said. The card is…
American Bitcoin mining firm Riot Blockchain earned an estimated US$9.5 million in power credits in July as it reduced energy consumption and mined fewer Bitcoins. See related article: Bitcoin miners in Texas halt operations amid heat wave Fast facts Riot produced 318 Bitcoins in July this year, about 28% less than July last year, thereby…
Lawmakers are pulling together regulations for trading in digital assets. If all goes to plan, the so-called Digital Asset Basic Act will be in shape by the first half of 2023.
Former PwC crypto arm leader Henri Arslanian said in a report the digital asset fund Nine Blocks Capital Management will receive $75 million from major supporters, including Hong Kong-based hedge fund Nine Masts Capital. See related article: Dubai scorches crypto winter with plans to support 40,000 ‘virtual jobs’ Fast facts See related article: India’s WazirX…
The Lido decentralized autonomous organization (DAO) almost unanimously approved the sale of about US$25 million worth of treasury tokens to venture capital firm Dragonfly Capital on Thursday. See related article: Lido Finance floats 2nd proposal to sell LDO to Dragonfly Capital Fast facts The voting page shows over 99% of the community members voted in…
A U.S. bankruptcy court in New York approved crypto platform Voyager Digital’s request to return to customers US$270 million held in a custodial account at Metropolitan Commercial Bank (MCB), the Wall Street Journal reported. See related article: Voyager crypto refund plan unconfirmed; fiat to be returned in full Fast facts The funds at the MCB…