Gordon Goner on his dramatic health battles and Bored Apes turning 3
The Bored Apes founder was diagnosed with a heart condition with a 50% fatality rate. But things are looking up for Wylie Aronow and BAYC.
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Japan’s megabanks to lead experiment with digital yen
Could a new, coordinated effort to digitalize the Japanese economy be strong enough to compete with residents' persistent use of cash? 1182 Total views 4 Total shares Japan's three largest banks, as part of a group of 30 private sector actors, are set to collaborate on an experiment with a digital yen. The group consists…

Crypto Biz: As crypto booms, recession looms
America’s pro-crypto policy shift has become a bipartisan commitment as Democrats and Republicans look to secure the US dollar’s influence as a global reserve currency. According to US Representative and California Democrat Ro Khanna, at least 70 of his fellow party members now understand the importance of stablecoin regulation. According to Khanna, Americans can expect

Central Bank Officials: DLT Can Improve the Global Financial System
On March 7, three monetary and cryptocurrency experts discussed the challenges and prospects of central bank-issued digital currencies at the Massachusetts Institute of Technology (MIT) Bitcoin Expo 2020.The panelists acknowledged that distributed ledger technologies (DLT) could improve the existing global monetary system, however, argued that significant challenges persist regarding the privacy, interoperability, and scalability of…

China’s Blockchain Service Network to launch stablecoin support in 2021
China’s nationwide blockchain project, the Blockchain Service Network, or BSN, will be integrating stablecoin support in 2021.Yifan He, CEO of Red Date Technology, a major tech company involved in the BSN development, told Cointelegraph that the project will soon start integrating stablecoins.Piloted in late 2019, China’s BSN is a state-backed initiative that intends to support…

Crypto lending firms on the hot seat: New regulations are coming?
A number of states in the United States, including Kentucky, Texas, Alabama, Vermont, New Jersey and, most recently, New York have been cracking down on crypto lending. Depending on one’s perspective, these can amount to acts of collective desperation or a foretoken of things to come.Asked about the clampdown on crypto lending firms like BlockFi…

Poloniex ‘Last Resort’ Trade Reversals Necessary to Safeguard Trader Funds
Cryptocurrency exchange Poloniex remains confident that it has identified and fixed an error that caused a number of erroneous trades on the platform earlier this week. On Feb. 12, Poloniex made a decision to reverse all trades that took place during an 11-minute period due to a software error. The bug caused trades to be…

Cypherium CEO Predicts CBDC Cross-Border Payments ‘Soon’
Cypherium’s founder predicts that adoption of CBDCs for cross border payments will happen sooner than expected. 380 Total views 6 Total shares Sky Guo, founder of the Cypherium blockchain, predicts that central bank digital currency cross-border payments will happen “in the next couple years” or “even sooner”. In an interview with Cointelegraph on July 13, Sky…

FTX Token hits new record up 50% so far in September — What’s driving FTT price higher?
FTX crypto exchange’s native utility token, FTT, reached a new record high on Monday a week after it agreed to acquire LedgerX, a United States-based crypto derivative platform, for an undisclosed sum.On Monday, the FTT/USD exchange rate surged 16.37% to $73.99 in a market-wide rally that saw other top coins post similar but dwarfed price…