A blockchain lobbying group backed by the likes of Goldman Sachs, Citi Group, Circle and Fidelity has urged the United States Congress to pass a legal framework for digital assets or risk falling behind other nations. On May 19, the U.S. Chamber of Digital Commerce sent a call to action […]
Nigeria’s eNaira central bank digital currency (CBDC) is over a year old, and the International Monetary Fund (IMF) has a late birthday present for it, in the form of a working paper assessing its first year of performance. “Laudable,” said IMF researchers, but there were a few suggestions too. The eNaira […]
Cryptocurrency exchange Coinbase is set to launch its subscription service called “Coinbase One” across 35 countries. Initially, only customers in the United Kingdom, Germany and Ireland will have access to Coinbase One. According to the May 18 announcement, Coinbase One aims to provide features such as zero-fee trading, amplified staking […]
The bipartisan path to stablecoin legislation faces turbulence as House Republicans and Democrats present divergent positions, signaling a growing divide. Despite hopeful sentiments echoed during Thursday’s U.S. House Financial Services Committee hearing on digital assets, lawmakers have yet to bridge the gap between differing Republican and Democratic views on how […]
The price of Internet Computer (ICP) experienced a downward movement dropping by 41.98% to a low of $5.05 on April 26, 2023. This was after a significant surge from April 10 to April 19, when it started the downtrend. This price decline affected the market sentiment of Investors and traders. […]
A $50 million fund has been launched to help startups that use the Wormhole cross-chain messaging protocol, according to a May 18 announcement. The new fund is being managed by venture capital fund Borderless Capital and is backed by over 20 other blockchain development teams and venture capital firms, including […]
Toncoin is trading in the red today, losing some of its price gains in the past week. Its 24-hour trading volume is down over 3% at press time, indirectly contributing to today’s price slump. TON traded at the $2 price level since January 1, 2023, slowly accumulating its gains. However, […]
Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 The United States, South Korea, and Japan have all issued a joint statement saying that they’re worried about North Korea and its regular willingness to pursue digital currencies to build its ongoing nuclear program. North […]
Less than a year after proof-of-stake (PoS) became the consensus mechanism for the Ethereum blockchain — the industry’s largest blockchain network — researchers have found that PoS can complement Bitcoin. Stanford University professor David Tsè spoke to Cointelegraph at the 2023 Bitcoin Builders conference in Miami, Florida, about his team’s findings […]
Terra co-founder Do Kwon’s bail is now in question after the State Prosecutor’s Office filed an appeal against it. Kwon is still wanted for extradition by South Korea and has criminal charges to answer in the United States. On May 17, the State Prosecutor’s Office in Montenegro’s capital Podgorica appealed against […]
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