Crypto Biz: Goldman Sachs stacks ETH, BTC
This week’s business newsletter explores Goldman Sachs’ U-turn on digital assets after the investment bank purchased Bitcoin and Ether ETFs.
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1inch announces expansion to Binance Smart Chain, plans to run BSC node
The highest-profile team to make the move so far, 1inch is also planning to become an infrastructure provider for the layer-1. 3678 Total views 11 Total shares As part of a wider exodus, the highest-profile Ethereum-native decentralized finance (DeFi) project yet has announced an expansion to Binance Smart Chain. In a press release today, the 1inch…

CZ Believes Steem Users Should Launch (Another) Counter-Fork
Changpeng Zhao, or CZ, the chief executive of top crypto exchange Binance, has issued a statement regarding the recent Steem hard fork that sought to freeze 23.6 million STEEM tokens associated with 64 wallet addresses.Binance will support the fork, however, indicating that they will support future forks executed by those affected within the Steem community.Steem…

New Draft Bill Aiming to Classify Crypto Assets Introduced in US Congress
Paul Gosar, an Arizona Congressman, has introduced a draft bill, aimed at finally bringing regulatory clarity to the cryptocurrency industry in the United States, according to a Forbes article published on Dec. 19. The Crypto-Currency Act of 2020 sets out which Federal agencies should regulate each type of crypto assets.Three flavors of crypto assetOne of…

Layer-3 network Degen Chain hasn’t produced a block in 53 hours
Degen Chain says it’s working to resolve an issue that has seen its network stop producing blocks for more than two days.

Ex-Fed Chair Greenspan: ‘No Point’ in Central Bank Digital Currencies
Alan Greenspan, the former chair of the United States Federal Reserve (Fed), has said there’s “no point” for central banks to issue their own digital currencies.According to a CNBC report on Nov. 11, Greenspan made his comments during the annual economic outlook conference hosted by Chinese financial magazine Caijing.No point in Libra eitherGreenspan’s argument reportedly…

Elon Musk: Bitcoin is on the verge of seeing broader acceptance by finance
Bitcoin is about to see broader adoption in the traditional finance world, says the world's richest man. 287 Total views 3 Total shares Bitcoin (BTC) is on the verge of seeing broader acceptance, Elon Musk, the CEO of Tesla, said in a Clubhouse conversation on Feb. 1.Clubhouse is an exclusive audio chat social media platform…

Bitcoin profits are taxable in certain cases, says Denmark’s supreme court
The country's supreme court released two decisions for cases in which different crypto users gained profits from sales of BTC “made for the purpose of speculation” and mining. 118 Total views 2 Total shares Own this piece of history Collect this article as an NFTThe Justices of the Supreme Court of Denmark have handed down…

Crypto, like railways, is among the world’s top innovations of the millennium
You are about to read a half-fiction witty story based on Stuart Hylton’s review of “the making of Modern Britain” and my interpretation of the blockchain’s impact on today’s world. I found it fascinating how the description of the industrial age front-runner technology resembled the awe and fear of blockchain in modern times. Some quotes…