Crypto ownership isn’t rising with recent market growth, Fed survey claims

Bitcoin (BTC) is threatening to drop to its worst weekly close since December of 2020. The crypto markets are in are held firmly in a vice grip and the selling accelerated following a higher-than-expected inflation report from the United States on June 10. It is not only the crypto markets that are facing the brunt, even…

The social media accounts of famous traders, rappers and even Caitlyn Jenner are shilling tokens in what many believe is part of an orchestrated string of hacks.

Led by Belgian financial services firm Euroclear, the latest French CBDC trial involved a system by tech giant IBM. 647 Total views 43 Total shares The central bank of France continues actively exploring a central bank digital currency (CBDC), completing a significant trial of a blockchain-based CBDC in the country’s debt market.Over 500 institutions in…

Ethereum (ETH) core developers decided on their regular YouTube meeting August 31 to delay the “Difficulty Bomb” by agreeing to include the code for such a change into the upcoming Constantinople hard fork.One of the prime objectives of the Ethereum Foundation lies in the adoption of a new consensus algorithm - Proof-of-Stake (PoS). In order…

Spanish automobile manufacturer SEAT has joined Alastria consortium to work on the development of blockchain-based products. Cointelegraph in Spanish reported the news Jan. 16.Founded in 1950, SEAT is a state-owned industrial company and Spain’s largest car manufacturer. SEAT’s turnover reportedly reached a record figure of 9.552 billion euro ($10.878 billion) in 2017, which is 11.1%…

CEEK VR caught investors’ attention after hosting a booth at the Grammy’s, seeing its token listed on major exchanges, and launching new developments in the nascent Metaverse. 371 Total views 5 Total shares Nonfungible tokens (NFTs), decentralized finance (DeFi) and the Metaverse are three of the hottest trending topics in the cryptocurrency ecosystem and each…

Professional investors are still keen on crypto but want to see backing from large traditional financial institutions before taking the plunge themselves, a survey from Nomura’s digital asset arm has revealed. Institutional investor interest in crypto has stalled in recent weeks due to increasing regulatory uncertainty in the United States and its regulatory crackdown on…

Microsoft, IBM, Nasdaq and a number of other technology and financial organizations from around the world recently formed the InterWork Alliance, or IWA. The alliance, which currently consists of 36 members, serves as a non-profit organization dedicated to creating global standards needed to drive tokenized ecosystems. Microsoft’s principal architect and the IWA chairman, Marley Gray, told…

Ted Livingston, the CEO of Canadian-based messaging startup Kik, told cryptocurrency news outlet Coindesk that the company spent over $5 million on ongoing negotiations with the United States Securities Exchange Commission (SEC). The news was revealed in a report published on May 16.As Cointelegraph reported at the end of January, the SEC stated that it…