Bitcoin could be used as currency by 2030 — CryptoQuant CEO

Star Xu — founder of exchange services provider OKCoin and the world’s 6th largest crypto exchange OKEx — has announced OK Group’s partnership with blockchain-focused trust company Prime Trust, prospectively allowing the firm to launch its own compliant stablecoin.The news was revealed in a tweet from Star Xu on March 28, retweeting an earlier March…

Hardware wallet manufacturer Ledger has announced the latest version of its Ledger Live application, adding support for Tezos (XTZ) and Tezos staking.Unveiled last year, Ledger Live is a software solution that allows Ledger hardware wallet users the ability to manage their digital assets via a smartphone or computer. Ledger Live lets users check their cryptocurrency…

Singapore-based digital innovation center Lumenlab is testing a blockchain-enabled insurance solution for diabetes sufferers, according to a press release published August 20. Lumenlab is a subsidiary of financial services provider MetLife and has reportedly developed the new project within the Monetary Authority of Singapore’s (MAS) regulatory sandbox. The pilot, dubbed Vitana, is a parametric, automated…

Privacy is a core characteristic of cryptocurrencies. Despite mainstream conception, however, it is not the primary goal of cryptocurrencies like Bitcoin (BTC) or Ether (ETH), and is more of an ancillary benefit of using cryptography. The situation is altogether different for cryptocurrencies that seek to maximize anonymity when transacting on the network.Networks like Monero (XMR)…

Crypto industry leaders and law experts debated the privacy implications of central bank digital currencies (CBDC) during the ‘Money Re-Imagined’ panel as part of Consensus:Distributed on May 11.Lawrence Summers, the former U.S. Treasury Secretary and former chief economist of the World Bank, argued that the current fiat monetary system exhibits issues of too much privacy,…

OpenAI’s board of directors ousted founder Sam Altman on Nov. 17, shocking the technology world, while appointing Mira Murati as its interim CEO. Since then, the board has been facing strong criticism from the startup major clients and investors. According to a Bloomberg report, efforts to reinstate Altman as CEO have already involved Microsoft, OpenAI’s biggest

Fidelity’s crypto arm Fidelity Digital Assets Services (FDAS) has applied for a license to operate as a trust in New York State.FDAS has filed an application with the New York Department of Financial Services (NYDFS) for a trust license, crypto media outlet The Block reported on July 20, citing several unnamed sources familiar with the…

The “hung” loans have led to bankers calling it the worst buyout since 2008.

Bitcoin (BTC) has gained almost 170% since the European Central Bank (ECB) warned of its impending “irrelevance.”As noted by crypto proponent Eric Wall and others on Dec. 4, BTC price action has done the complete opposite of economists’ predictions.ECB Bitcoin myopia: "What else are they wrong about?"Bitcoin traded at just $16,400 when on Nov. 30