Pessimistic proofs: ZK tech’s next step or mere cynicism?

The U.S acting comptroller of the currency believes the role banks play in society will soon be transformed by crypto assets and DeFi. 463 Total views 10 Total shares The U.S acting comptroller of the currency, Brian Brooks, predicts th decentralized finance (DeFi) will render many of the financial services offered by banks obsolete, just…

Bitcoin (BTC), the entire crypto sector and the S&P 500 index are correcting on April 6, which highlights the tight correlation between the two sectors.Despite the weakness, institutional investors do not seem to be halting their purchases, suggesting that they remain bullish in the long term. Terra used the dip to buy an additional 5,040 Bitcoin,…

In an exclusive interview with Cointelegraph, Blockstream CEO Adam Back stated that for him, nothing is above Bitcoin, not even stablecoins or other coins issued by central banks.Adam Back invented the hashcash proof of work system, and was one of the first people to work with Bitcoin (BTC). In addition, he was present this year…

Web3 products and services could benefit from the streamlined user experiences that have been mastered by Web2, according to several industry builders who attended Next Block Expo in Berlin.Speaking to Cointelegraph at the event, Web3Auth senior cryptography engineer Matthias Geihs said Web3 services continue to be hamstrung by clunky login features and the associated responsibility

There is no sign of an ETF launch approval in the U.S. as yet, with Europe soon to see a pioneering Bitcoin futures product. 949 Total views 192 Total shares Europe’s first-ever Bitcoin (BTC) futures will launch next month on the continent’s largest derivatives market, Eurex, an announcement confirms.In a press release issued on Tuesday, digital…

Coinbase has emerged as a vocal advocate for the crypto industry in the face of ongoing regulatory crackdowns in the United States.

Coinbase filed an appeal the same day its petition for a rulemaking on crypto used as a security was denied. 62 Total views 2 Total shares Coinbase is continuing its efforts to ensure adequate legislation on cryptocurrency used as securities. After the United States Securities and Exchange Commission (SEC) denied Coinbase’s petition for rulemaking on

The HUSD team explained that the depeg was caused as they closed market maker accounts in some regions to comply with regulations. 1442 Total views 15 Total shares After recovering the HUSD stablecoin’s dollar peg, crypto exchange Huobi explained what had caused the short-term liquidity problem and assured users that it had been resolved. On Thursday,…