Ethereum L2 Eclipse CEO steps back amid sexual misconduct claims
Eclipse founder and CEO Neel Somani said he would “work to clear my name and defend myself” and will move away from a public-facing role at the firm.
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Wyoming lawmakers introduce legislation for state-issued stablecoin
Avanti Financial CEO Caitlin Long said the bill had its own pros and cons, but it was “definitely a conversation-starter” for lawmakers exploring stablecoins. 212 Total views 12 Total shares Four members of the Wyoming Legislature have sponsored a bill which would allow the state treasurer to issue a stablecoin.On Thursday, Wyoming State Senators Chris…
Coinbase's Base could become the NVIDIA of DeFi
Coinbase's stock price has surged since the company's first-quarter earnings report. Will its Base offering be enough for investors to sustain the momentum?
It seems NFT-themed Bored & Hungry restaurant no longer accepts crypto
The alleged removal is a bit strange considering Bored and Hungry only opened its doors back in April. 79 Total views 2 Total shares The Los Angeles Times reported Friday that recently opened NFT-themed burger joint Bored & Hungry no longer accepts cryptocurrency as a form of payment for its food.When questioned, one Bored &…
Crypto will be useful but Bitcoin is hard to understand, says SoftBank CEO
Masayoshi Son found Bitcoin to be “distracting his own focus on his own business.” 573 Total views 1 Total shares While the ongoing cryptocurrency bull run is boosting crypto adoption, some billionaire investors still find Bitcoin (BTC) to be something of a distraction. Masayoshi Son, a billionaire technology entrepreneur and CEO of Japanese conglomerate SoftBank, claimed that…
Nifty News: Metaverse bank robberies, Trump NFT biz prefers crypto over cash, and more
Stick em' up! Bank robbery drills in the MetaverseThe Bank of America is mixing a virtual reality metaverse and artificial intelligence to train new employees on everything from handling angry customers to bank robberies.Bloomberg reported July 13 that the bank’s 2,000 new hires undergo a week-long training regime that includes slipping on a VR headset…
Alibaba-Backed AI Startup SenseTime to Help China Handle Digital Yuan
Hong Kong-based AI startup SenseTime partnered with PBoC’s digital currency research unit to continue the development of the digital yuan. 1192 Total views 32 Total shares As China is moving forward with blockchain projects amid the COVID-19 crisis, the government has tapped another tech partnership to continue the development of China’s digital yuan.Domestic artificial intelligence…
Boerse Stuttgart-Owned Swedish Exchange Lists XRP, LTC Tracking Exchange-Traded Products
New exchange-traded products (ETPs) that track the value of XRP and Litecoin (LTC) are now available for trading on the Boerse Stuttgart-owned Swedish exchange Nordic Growth Market (NGM). The news was revealed in a press release shared with Cointelegraph on April 4.Boerse Stuttgart is Germany’s second-largest stock exchange, reporting trading volumes of 71.2 billion euros…
Jack Dorsey leaves board of decentralized social network Bluesky
Jack Dorsey backed and funded Bluesky when he was Twitter’s CEO; now, he’s left the board of the social network, and it's searching for a replacement.