IBM and FX Giant CLS Team Up to Launch Blockchain App Store for Banks
Announced Monday, LedgerConnect is the offspring of bank-owned currency trading utility CLS and enterprise software giant IBM.
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How the Metaverse May Revolutionize the Creator Economy
The emerging Web3 ecosystem aims to transform the way creators engage with their audiences and build business models. While Web1 was read-only, Web2 opened the doors for user-generated “write” content and created the framework for robust digital interactions. Web3, if it works as envisioned, will expand on these foundations by allowing internet users to read,…
Bitcoin Banking App Mode Eyes £40M UK Listing
Sep 7, 2020 at 12:50 UTCUpdated Sep 7, 2020 at 12:59 UTC(Courtesy of Mode Banking)A new app that allows users to buy bitcoin, as well as earn interest on holdings, is reportedly looking at going public in the U.K. The Daily Telegraph reported Sunday that Mode Banking is expected to announce plans for a £40…
Crypto Lending Protocol MakerDAO Approves Transferring a Maximum of $500M in USDC to Coinbase Custody for 2.6% Yield
Join the most important conversation in crypto and Web3 taking place in Austin, Texas, April 26-28.Krisztian Sandor is a reporter on the U.S. markets team focusing on stablecoins and institutional investment. He holds BTC and ETH.Join the most important conversation in crypto and Web3 taking place in Austin, Texas, April 26-28.Crypto lending protocol MakerDAO approved…
U.S. Senators Question Justice Department’s Pursuit of Crypto Mixers
Two U.S. senators sent a letter to the attorney general making an argument that his Department of Justice is making the wrong legal call as it prosecutes crypto mixing services. The letter argues that services such as Tornado Cash aren't money transmitters, and it says that earlier Treasury Department views on transmitters bear this out.
NFT Artist Fewocious Reveals Upcoming Collection “Fewos”
Non-fungible token (NFT) artist Fewocious said Wednesday he’s gearing up to release his upcoming digital art collection “Fewos.”The 20-year old artist posted a Tweet introducing the collection, stating the 20,000 unit series of profile-picture (PFP) NFTs will be available to mint in August.According to its website, Fewos are characters in Fewoworld, Fewocious’ Web3 universe of…
In First, SEC Clears Blockchain Gaming Startup to Sell Ethereum Tokens
news The U.S. Securities and Exchange Commission has issued a no-action letter to Pocketful of Quarters (PoQ), a gaming startup looking to issue tokens on the ethereum blockchain. PoQ may legally sell its Quarters tokens to consumers without registering them as securities, the SEC Division of Corporation Finance wrote in its second no-action letter to…
Crypto Rug Pulls: What Are They & How to Avoid Them
Cryptocurrency rug pulls are an unfortunate but common occurrence in the global crypto markets, resulting in billions of dollars of losses for digital asset investors.Read on to learn what crypto rug pulls are, how they work, and how you can identify and avoid them.This is partner content sourced from Laura Shin’s Unchained and published by
Fidelity Says Its Crypto Trading and Storage Platform Is in ‘Final Testing’
news Financial services provider Fidelity, which has some $7.2 trillion in client assets under management, said Thursday that its anticipated crypto trading and custody platform is in its “final testing” phase. The company noted in a blog post late Thursday that it had on-boarded “a select set of eligible clients” already, while it worked on building Fidelity…