BOE: Survivors of Crypto Crash Could Become technology giants
Deputy Governor of the BOE expects crypto technology and finance to continue with huge efficiencies with survivors becoming technology giants. Many experts have highlighted a number of parallels that can be noticed in today’s crypto market by looking back 20 years and reviewing the dot-com bubble. Jon Cunliffe, deputy governor of the Bank of England […]
US lawmaker makes proposal for US CBDC
US lawmaker, Jim Himes has advised Congress to look into the introduction of a US CBDC (digital money) for the United States. Jim Himes, a representative from Connecticut in the House, has put out a proposal that aims to open a discussion about the possibility of the US introducing a central bank digital currency or […]
Ethereum developers plan to continue with Goerli, Sepolia testnets
Ethereum developers will not continue with Kiln, Ropsten, and Rinkeby but will maintain Goerli and Sepolia after the upcoming network merge Ethereum developers will shut down Ropsten, Kiln, Rinkeby After the alleged integration, the Ropsten, Kiln, and Rinkeby testnets would be shut down, according to the Ethereum core development team. Testnets are replicas of the […]
Robinhood, Coinbase Plunges As Binance.US Remove These Fees
Binance.US has opted not to impose any fees for spot trades of Bitcoin to US dollars and three popular stable coins, Tether, USDC, and Binance USD which saw the plunging of Coinbase and Robinhood. The Binance.US decision led to the shares of Robinhood being currently down while those of Coinbase are down by as much […]
Chainalysis introduces reporting service for firms targeted by hacks involving cryptocurrencies
Chainalysis is set to launch a “Crypto Incident Response” hotline to assist businesses in bringing cryptocurrency hackers to justice. A reporting hotline has been established by blockchain analytics company Chainalysis for instances in which hackers have asked platforms or businesses for cryptocurrency payments. For victims of hacks, ransomware attacks, code exploits, or flash loan attacks […]