Bitcoin firm, Texas university partner for $5M endowment fund
Bitcoin financial services firm and UATX plan to raise $5 million to invest in BTC for the next five years.
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Crypto Biz: Amid crypto carnage, Goldman and Barclays fill their bags, May 12-18, 2022
Some of the world's biggest banks are increasing their exposure to the digital asset market despite the recent market volatility. Is this a sign of things to come? 204 Total views 5 Total shares Has there ever been a worse time to be in crypto? It depends on how you look at it. Amid Terra’s…

CBDCs require governments to put a special focus on security
Today’s financial world is becoming increasingly digitized, and naturally, central banks want to adapt to the changing environment. The use of cash is rapidly declining. Globally, the rise of digital payment apps and COVID-19 have only accelerated the decline in cash usage, fueling interest in digital currencies and demand for easier payment solutions.As crypto adoption…

Possible ‘white hat hacker’ exploits THORchain for $8M, proposes 10% bounty
The white-hat hacker claims to have mercifully minimized the damage of their $8 million exploit in a bid to teach THORChain a lesson. 498 Total views 1 Total shares Cross-chain decentralized exchange THORChain has suffered its second multi-million-dollar hack in as many weeks, with $8 million worth of Ether impacted.However, the attack appears to have…

Canada PM frontrunner once vowed to make the country a ‘crypto capital’
Canadian Prime Minister Justin Trudeau’s exit has put attention on opposition leader Pierre Poilievre, who has a history of pro-crypto comments.

FTX claims portal becomes unavailable shortly after going live
Users affected by the bankruptcy of FTX or certain subsidiaries have the option of filing a proof of claim through Kroll’s online customer form and via U.S. mail. Bankrupt cryptocurrency exchange FTX launched a customer claims portal which stayed live for roughly an hour before going offline for unknown reasons.Many social media users reported the…

Kraken preparing for $100M funding round ahead of possible IPO: Report
The cryptocurrency exchange said in 2021 — before Coinbase’s IPO — that it planned to pursue a direct listing if it chose to go public.

Ripple partners with Travelex to launch enterprise crypto payment service in Brazil
The rollout of Ripple’s fast and cheap On-Demand Liquidity payment service means that enterprises will no longer have to wait three to five days to settle costly cross-border transactions. 440 Total views 16 Total shares Ripple’s XRP token is set to be used to facilitate fast and cost-effective cross-border transactions in Brazil, after the launch…

Digital decentralization is just the beginning. The real world will follow
Decentralization is not a luxury; it is a necessity. In a prescient article in The Atlantic back in 2012, science fiction writer Bruce Sterling referred to the likes of Amazon, Facebook and Google as “The Stacks,” predicting the insidious power grab that has happened in the last decade. As the giant tech companies consume more…