Bybit CEO refutes insolvency rumors, shares proof-of-reserves

While 2020 has been a landmark year for the crypto space, there have been a few notable letdowns. Despite the growing mainstream acceptance of virtual currencies, some governments are still creating policies that stifle innovation, placing their countries at a disadvantage in the emerging digital economy.Decentralized finance was a major talking point going into the…

As the first vaccines against COVID-19 roll out, governments and institutions across the world are scrambling to figure out how to provide proof that someone has been vaccinated. Paper certificates, PDFs, wristbands and mobile apps have all been suggested — and the former director of the Centers for Disease Control, Tom Frieden, and international human…

SEBA Bank exec Nasha Afshar believes that the question of institutions getting into crypto has shifted from "if" to "when," indicating growing confidence in the industry. As more institutions go from only showing their interest in the crypto space into actually investing in Web3 projects, getting into crypto turns into a question of “when” rather…

Google boss Sundar Pichai unveiled that its AI model Gemini is getting put into a slew of the company’s products and services, including its flagship Search product.

The New York Attorney General cannot bring the full force of its court order against cryptocurrency exchange Bitfinex and stablecoin Tether (USDT), cryptocurrency news media outlet CoinDesk reported, quoting a judge on May 6.Following submission of a refute from lawyers representing the co-defendants, New York Supreme Court judge Joel M. Cohen decided the parties should…

The firm’s third Bitcoin purchase since April 23 brings its total holdings to 141.07 Bitcoin, worth over $9.6 million.

The supply of crypto mining machines failed to meet market demand in Q2 2019 despite the surge of mining hardware prices, new research says.Popular suppliers ran out of stock in Q2Bitcoin (BTC) miner market saw significant inflation during Q2 2019, with the majority of miners from various suppliers experiencing shortages, according to Q2 2019 cryptocurrency…

The U.S. already has a “safe and active dynamic domestic payment system,” Powell argued. 1648 Total views 26 Total shares The United States will not be issuing a digital dollar until the Federal Reserve resolves all questions around a potential central bank digital currency, or CBDC, according to the Fed's chairman, Jerome Powell.Powell claimed that…

Hyperledger has introduced a set of tools dubbed “Hyperledger Aries” aimed at interoperability of different types of blockchain-based data. The company announced the development in a blog post on May 14.Hyperledger Aries is a set of tools that purportedly enables the exchange of blockchain-based data, supports peer-to-peer (P2P) messaging and facilitates interactions between different blockchains…