Rich Checkan, the president of Asset Strategies International (ASI) has described central bank digital currencies (CBDCs) as a product that was “concocted in hell by Satan himself.” ASI was founded in 1982 and deals in alternative assets such as precious metals, foreign currencies and pre-1933 U.S. gold coins, and offers […]
The International Monetary Fund (IMF) has warned against adopting cryptocurrencies, like bitcoin, as legal tender. Noting numerous risks and costs involved, the IMF does not see crypto assets catching on as a national currency. IMF Warns of Risks in Adopting Cryptocurrencies as National Currency The International Monetary Fund (IMF) published […]
A cat-themed animated series, featuring prominent entertainers and personalities from the crypto space, is reportedly back on schedule after an unexpected delay. Stoner Cats is an NFT series launched by actress Mila Kunis in partnership with CryptoKitties co-founder Mack Flavelle, CryptoPoops NFT creator Jonathan Howard, and others through their recent […]
Following the announcement from the National Basketball Association’s (NBA) Boston Celtics, the Cleveland Cavaliers has officially partnered with the blockchain firm Socios.com. The partnership is aimed at increasing the Socios brand and awareness via the Cavaliers’ global asset platform. Socios Partners With the Cavs On July 26, Socios.com and the […]
A “significant” decoy selection bug has been reported for Monero via the project’s official Twitter handle. According to the investigation, carried out by software developer Justin Berman, the bug “may impact your transaction’s privacy” during a brief window of time after funds have been received. If users spend funds immediately […]
The Tezos ecosystem has launched a global grant program to encourage people to use the platform to develop their projects, ideas, services, and products on the blockchain. The program will enroll through regional Tezos communities around the world. It will reward grantees for their creations in addition to funding projects […]
Leading DeFi lending and borrowing protocol Aave announced a rebranding to its institutional-grade DeFi offering. Aave Pro Rebrands to Aave Arc Aave (AAVE) the top decentralized finance (DeFi) lending and borrowing protocol with more than $11 billion TVL recently announced the rebranding of its upcoming institutional platform from Aave Pro […]
Blockchain infrastructure provider and crypto custodian Fireblocks has secured another $310 million in strategic investments, bringing its total valuation to $2 billion and marking another major milestone for the company. Michael Shaulov, CEO of Fireblocks, told Cointelegraph that the funding would go toward expanding internal capacity, including increasing the research […]
The price of Litecoin (LTC) was in a brief uptrend last week as the altcoin rose to a high of $140. However, in the last 24 hours, the LTC price has retraced to support above $127. The retracement finished above $127 support as the crypto consolidated back above it. Buyers […]
Blockchain platform Solana announced an open invitation to Building out Loud, a hackathon venture exclusively for Indian developers and entrepreneurs. According to the official statement, Solana plans to launch the 3-week long event in collaboration with Devfolio and YouTube influencer Superpumped. Solana’s announcement consists of a free and open invitation to […]
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