Here’s what happened in crypto today

Founding managing partner of HCM Capital, the private equity arm of electronics manufacturer Foxconn, Jack Lee, says China’s Central Bank Digital Currency (CBDC) is ready and expects it to launch in two to three months. During an interview with CNBC published on Nov. 11, Lee also suggested that the People's Bank of China (PBoC) will use…

According to Press Secretary Karine Jean-Pierre, the administration and financial agencies will “closely monitor” developments in the crypto market. 532 Total views 4 Total shares The White House said the administration of United States President Joseph Biden is monitoring the situation with the recent crypto market crash but deferred to independent regulators for any potential…

Corbin Fraser, an executive at Bitcoin.com, told Cointelegraph that they are also planning to release a prepaid debit card that rewards users with crypto. 243 Total views 12 Total shares Crypto platform Bitcoin.com is looking to expand its ecosystem by introducing Bitcoin (BTC) holders to the world of decentralized finance (DeFi) and implementing new services…

Blockchain technology company Blockstream is launching the beta version of its Blockstream Satellite API, designed to help developers broadcast data via the company’s satellite network. The launch was revealed in the official announcement published Jan. 16.The move follows the company’s satellite service expansion back in December, when it started broadcasting Bitcoin’s (BTC) blockchain on a…

A Nansen in December noted that Ether staking solutions had been in high demand since Ethereum’s shift to proof-of-stake. 575 Total views 4 Total shares Ho-ho-ho! Get Limited Holiday Trait!Collect this article as an NFTLiquid staking protocol Lido Finance appears to have benefited most from the Ethereum merge in September, with its total value locked…

The department, along with other international agencies, alleged end-to-end encryption can create “severe risks to public safety.” 858 Total views 17 Total shares The U.S. Department of Justice has released an international statement claiming that end-to-end encryption “poses significant challenges to public safety,” including sexually exploited children. In an Oct. 11 statement from the DoJ, the…

Saturday, March 23 — most of the top 20 cryptocurrencies are reporting slight losses on the day by press time.Bitcoin is down just under half a percent on the day, trading at around $4,022, according to CoinMarketCap. Looking at its weekly chart, the current price is over a quarter of a percent higher than $4,037,…

United States lawmakers will soon destroy a massive opportunity for job creation and a diverse workforce in blockchain technology if they do not amend infrastructure bill HR 3684, which would require blockchain developers to attain broker status on U.S. soil.HR 3684 does not recognize the taxonomy of the asset class. Not every crypto asset falls…