Price analysis 8/7: BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA, AVAX, SHIB
Bitcoin’s recovery bounce is losing steam, indicating that the bears remain active at higher levels.
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Facebook’s Diem stablecoin is an existential threat to traditional banking
Facebook, it is reported, could launch its long-awaited digital currency as early as January 2021 in the form of a U.S. dollar-backed stablecoin. Central banks and regulators have been galvanized into action since Facebook first announced its intentions by publishing a white paper in 2019. They are right to be concerned, as stablecoins — particularly…

The new philanthropic frontier: How Web3 could democratize donations
A merge between crypto and philanthropy is already underway as decentralized autonomous organizations (DAO) and nonfungible token artists alike fundraise and donate crypto to nonprofits. But what does the age-old institution of philanthropy have to learn from emerging technologies in the crypto space? Additionally, what does crypto have to offer philanthropy that could improve the…

Singapore Airlines Launches Blockchain-Based Loyalty Wallet, Co-Developed by Microsoft
Singapore Airlines (SIA) has launched its own airline loyalty digital wallet that uses blockchain technology, it announced July 24. The software has been co-developed by Microsoft and KPMG Digital Village, according to the press release. The new wallet -- dubbed ‘KrisPay’ after SIA’s ‘KrisFlyer’ loyalty programme -- converts frequent flyer miles into digitized ‘KrisPay miles’…

Mac users warned over malware ‘Cthulhu’ that steals crypto wallets
The malware targets popular crypto wallets frm the likes of MetaMask, Coinbase, and Binance, on macOS operating systems.

MATIC price eyes 200% gains on Polygon adoption by Instagram, JPMorgan
Polygon’s list of high-profile partners is getting longer, with Disney, Starbucks and Robinhood already boarding its blockchain. 399 Total views 4 Total shares Polygon (MATIC) emerged as the best-performing asset among the top-ranking cryptocurrencies on Nov. 3 as the market’s attention turned to the latest Instagram and JPMorgan announcements.Polygon in high-profile partnershipsNotably, Meta, the parent…

Blockchain Association policy head: US shouldn’t compete with China’s CBDC using surveillance tools
"We will not compete against China — an authoritarian dictatorship — by also acting like an authoritarian dictatorship," said Jake Chervinsky. 80 Total views 1 Total shares Jake Chervinsky, head of policy at crypto advocacy group the Blockchain Association, said the United States should be careful to avoid a “totalitarian nightmare” in its potential launch…

ConsenSys: BTC Tokenization and Yield Farming Drives DeFi Growth
The growing tokenization of Bitcoin and the emergence of yield farming has propelled the growth of the decentralized finance sector over the past three months according to ConsenSys.The second quarter report into Ethereum-based DeFi emphasizes the significance of the total number of tokenized BTC overtaking the sum of BTC on Bitcoin’s own layer 2 scaling…

Goldman Sachs Investment Strategy Group: ‘Crypto Mania’ a Risk to Stable 2018 Outlook
Bitcoin (BTC) and “unsteady cryptocurrency mania” are the one of six factors that threaten Goldman Sachs 2018 market outlook, according to a July 2018 report by the Goldman Sachs Investment Strategy Group. The report entitled “(Un)Steady as She Goes,” highlights “cryptocurrency mania” as one of several factors that could affect their initial market outlook for…