Proof-of-Ink to boost Web3 adoption, Fed rate cut could spur DeFi summer: Finance Redefined
Gavin Wood introduced a major infrastructure development for Web3 citizenship, while Hashkey’s CEO forecasted a resurgence in the DeFi market driven by lower interest rates.
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Silicon Valley Bank was the tip of a banking iceberg
Traditional financial institutions take deposits from customers and use them to make loans. But they loan out much more than what they have in store at a given point in time — a concept known as fractional banking. On one hand, the difference between the interest on the loans and the interest paid to depositors…

BitMEX Co-Founder Pledges to Donate Personal Fortune to Combat Global Challenges
The co-founder of crypto derivatives exchange BitMEX, Ben Delo, has joined over 200 other billionaires by pledging to donate the majority of his wealth to charitable causes.The Giving Pledge, founded by Bill and Melinda Gates along with Warren Buffet, is an initiative for the super-rich to commit more than half their wealth to charitable causes.…

Star Trek creator’s signature goes where no NFT has gone before: DNA
The living “El Primero” or “The FIrst” NFT immortalizes an economic moment in sci-fi history by fusing future tech with Star Trek history. 103 Total views 4 Total shares The signature of Star Trek producer Gene Roddenberry has gone boldly where no NFT has gone before — into the code for life itself.Back in 1965,…

Coinbase launches 'cbBTC' wrapped Bitcoin digital asset
The exchange announced that cbBTC is now available in the United Kingdom, Australia, Singapore, and all US states except New York.

Fear, politics and the dollar: 5 things to watch in Bitcoin this week
Bitcoin (BTC) continues to test $10,000 support after a weekend in which it consolidated after a major drop — what next?Cointelegraph takes a look at the major factors set to influence BTC price action in the coming week. Keiser: U.S. currency index needs to drop below 80The end of last week saw big changes for BTC/USD,…

Crypto Biz: Coinbase has a lot at stake
Crypto assets made their way onto the United States Securities and Exchange Commission’s list of priorities for 2023. So far, though, we haven’t tasted the “regulatory certainty” many have been calling for. Instead, the regulator threw the book at Kraken for allegedly failing to register its staking program. Coinbase appears next on the chopping block,…

Bitcoin energy value metric puts BTC’s ‘fair value’ at $47K — Analyst
Bitcoin’s price is trading in a frustratingly tight range between $25,500 and $26,500, leaving traders unsure of the next direction that the asset could take.However, Charles Edwards, founder of Capriole Investments, believes that Bitcoin’s (BTC) current price presents a low-risk long-term buying opportunity. Edwards’ view is based on Bitcoin’s production cost and energy value.Capriole Investments energy value

Three Arrows Capital CEO Su Zhu outlines his bullish thesis for Dogecoin
Three Arrows Capital CEO Su Zhu is bullish on Dogecoin because it's easy to understand and captures the attention of “blue-collar traders.” 1121 Total views 4 Total shares Three Arrows Capital CEO Su Zhu has outlined a bullish thesis for Elon Musk’s favorite cryptocurrency, Dogecoin (DOGE). Speaking on an Aug. 25 episode of “The Game…