SEC drops OpenSea investigation, Illuvium Labs cuts 40% of workforce: Nifty Newsletter
OpenSea co-founder and CEO Devin Finzer said the SEC dropping its investigation into the NFT marketplace is a huge win for the space.
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BTC price climbs above $28.6K as Bitcoin awaits ‘very dovish’ Fed Powell speech
Bitcoin may witness a “very dovish” move from Powell as high U.S. bond yields cause a stir, while BTC’s price passes $28,600. 1396 Total views 2 Total shares Bitcoin (BTC) kept pressure on $28,500 after the Oct. 19 Wall Street open ahead of a key speech on United States economic policy.BTC/USD 1-hour chart. Source: TradingViewLepard:

Florida Sen. Gruters proposes Bitcoin investment bill for state funds
Florida Senator Joe Gruters argued that the state “should have access to tools such as Bitcoin to protect against inflation.”

Do algorithmic stablecoins have a future as centralized coins are under scrutiny?
Binance’s native stablecoin — Binance USD (BUSD) — was the third-largest stablecoin pegged to the United States dollar, minted by blockchain infrastructure platform, the Paxos Trust Company, through a transfer of technology agreement between the two firms. However, on Feb. 13, the New York Department of Financial Services ordered Paxos to stop minting any new BUSD…

Ignoring quantum threats in CBDC design is reckless
The real threat of a CBDC lies in quantum computing vulnerabilities. Developing a quantum-resistant design should be a priority for the United States.

The female speakers who made an impact at Bitcoin2021 in Miami
Dubbed as “the largest Bitcoin event in history,” Bitcoin 2021 consisted of 12,000 attendees from across the globe. Undoubtedly, Bitcoin (BTC) adoption is growing at an impressive rate. Yet judging by the attendance at Bitcoin 2021, men still appear to be the primary audience for Bitcoin. While the lines to the bathroom made it obvious that…

What are distributed systems, and how do they work?
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MoneyGram launches USDC settlement using the Stellar blockchain
The partnership will enable MoneyGram customers to fund and withdraw from their accounts using the USDC stablecoin at physical branches. 665 Total views 30 Total shares Financial services company, MoneyGram International, has partnered with the Stellar Development Foundation to enable consumers to send money using Circle’s popular stablecoin, USD Coin (USDC) and convert directly to…

Regulation still key for the evolution of CeFi: Paris Blockchain Week
Centralized finance (CeFi) will continue to be an important avenue to drive the adoption of decentralized finance (DeFi) services in the future, but regulatory considerations remain a significant part of the process.This was a key theme that emerged during a panel titled ‘How to Do CeFi Right - the Balance Between TradFi & DeFi?’ at…