Coinbase CEO Brian Armstrong backs Republican Senate candidates

Bitcoin (BTC) briefly fell back below $7,200 on Dec. 14 as bearish sentiment continued to pervade cryptocurrency markets.Cryptocurrency market daily overview. Source: Coin360Bollinger: Bitcoin preparing for next breakoutData from Coin360 showed BTC/USD hit a sharp downturn on Saturday, losing around $70 in a matter of minutes and abandoning ground gained on Friday. Over the past 24…

Ethereum co-founder Vitalik Buterin has come out swinging in defense of Decentralized Autonomous Organizations (DAOs), arguing that in some circumstances they can be more efficient and fairer than a traditional corporate structure.In theory DAOs are collectively owned and managed by their members and have no central leadership. All decisions relating to aspects such as the…

The investment round was led by ParaFi Capital alongside Defiance Capital, Lightspeed Venture Partners, Blockchain Ventures, Fenbushi Capital, OKEx, StarkWare and Longhsh Ventures. Angel investors from Synthetix, Aave and Enzyme also participated. 4127 Total views 20 Total shares DeversiFi, an Ethereum-based layer-two decentralized finance platform, has secured $5 million in strategic investments from some of crypto’s…

Bitcoin (BTC) was a response to the 2008 global recession. It introduced a new way to transact without depending on trust of third-parties, such as banks, particularly failing banks that were nevertheless bailed out by government at the expense of the public. "The central bank must be trusted not to debase the currency, but the history…

This Friday's weekly Bitcoin (BTC) options expiry currently holds a $330 million open interest. Considering the recent struggle to regain the $32,000 support, this event is an important test of bulls' willingness to display reversion signs.On July 21, Alameda Research announced that the company made Bitcoin purchases below $30,000, and Sam Trabucco, the firm's quantitative…

The central bank released its statement in response to comments on a CBDC discussion paper published in February 2022. 69 Total views 12 Total shares The Central Bank of Kenya received comments on a discussion paper on the potential issuance of a digital shilling, and hasn’t a definitive conclusion. In a June 2 announcement on Twitter,…

Switzerland’s Financial Market Supervisory Authority (FINMA) has released guidance on regulatory requirements for payments on the blockchain under FINMA supervision.The new guidance for virtual asset service providers, published on Aug. 26, applies to blockchain service providers including exchanges, wallet providers and trading platforms.In its preface to the guidance, FINMA notes its adherence to the framework…

The founder of Io.net will host a livestream on April 28 to demonstrate live cluster creation and rest the fear, uncertainty and doubt.