Can stablecoins save US freelancers from Venmo fee hike? Industry weighs in
According to Dan Romero, as Venmo introduces higher fees, stablecoins could emerge as a potential lifeline for 1099 workers.
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Move Aside Apple: Crypto Platform Reveals ‘Premium’ Hardware Wallet in Sleek Video
A platform which aims to demystify crypto and bring it to the masses through a suite of blockchain-driven financial services has launched its latest product: a hardware wallet that combines “institutional-grade security with a consumer-friendly user experience, beautiful design and premium materials.”In a promotional video not dissimilar from the sleek ads released by tech giants…

Fund execs offer $1M bets that Bitcoin’s S2F model won’t come true
The S2F model predicts a Bitcoin price of up to $288,000 by 2022 but two fund execs are betting the model won't pan out. 2842 Total views 23 Total shares Eric Wall, chief investment officer of crypto hedge fund Arcane Assets, has offered a $1 million bet that the Bitcoin stock-to-flow model will be proven…

Launch rehearsal for Ethereum 2.0 ‘90% successful’ despite participation issues
The latest in a series of Ethereum 2.0 testnets, called Spadina, launched on Tuesday with mixed success.Spadina was proposed as a short-lived “dress rehearsal” for the mainnet launch process, signaling that Ethereum 2.0 Phase 0 is getting ever closer. The network launched on Sept. 29 at 12 P.M. UTC, and was intended to last for…

Overstock Files Blockchain-Based Stock Registration With SEC
Online retail giant Overstock filed an S-3 form for the registration of its blockchain-based digital preferred stock with the United States Securities and Exchange Commission (SEC).The news builds on previous reports that the firm was looking to liberalize its planned digital dividend shares trading.Investment news outlet MarketWatch reported on Sept. 24 that Jonathan Johnson, Overstock’s…

Report claims each Solana TX uses less energy than 2 Google searches
A transaction on the Solana network takes less energy than two Google searches, and 24 times less energy than charging your phone, according to a Nov. 25 report by the Solana Foundation.The report states that a single transaction on its network uses 0.00051 kWh, or 1,836 Joules, of energy. According to Google, an average search…

All but 1 US spot Bitcoin ETF in the red this March
Only Grayscale’s Bitcoin Mini Trust ETF (BTC) had a net positive performance in March so far as broader crypto markets enter a bearish phase. Nearly all United States spot Bitcoin exchange-traded funds (ETFs) had net negative performances in March as analysts expect a bearish Bitcoin trend of up to 12 months. Farside Investors data showed

Report: Dutch Bank Rabobank Cancels Development of ‘Rabobit’ Crypto Wallet
Dutch bank Rabobank has reportedly canceled its plans to develop a cryptocurrency wallet, technology news outlet The Next Web states on May 23.As Cointelegraph reported, the bank had announced a cryptocurrency wallet service dubbed “Rabobit” as a part of the Rabobank Moonshot fintech innovation program in February last year. Still, a spokesperson of the bank…

CoinFLEX resumes withdrawals, limiting users to 10%
Since halting user withdrawals three weeks ago, CoinFLEX has announced plans to reclaim up to $84 million in owed funds. 169 Total views 4 Total shares Cryptocurrency exchange CoinFLEX is partially reopening user withdrawals, raising cautious optimism that the company was gradually recovering from liquidity constraints that were triggered by a high-profile client default. Beginning at…