Solana illustrates the dark side of monolithic blockchains

OCBC has become the first Singapore-based bank to join JPMorgan Chase’s interbank blockchain network.According to a Business Times Singapore report on Sept. 20, a total of 134 banks from the Asia-Pacific region are now participants in JPMorgan’s blockchain-powered interbank information network (IIN).OCBC is the second-largest bank in Southeast Asia by assets and among the larger financial institutions…

For the past 14 days, cryptocurrency markets have been trading within an unusually tight 7.1% range. In other words, investors are unwilling to place new bets until there’s additional regulatory clarity, especially in the United States.The total crypto market capitalization fell by 1% to $1.2 trillion over the seven days ending May 4, primarily as…

With a market cap over $10B, Tether isn’t likely to be displaced by any central bank digital currency according to Paolo Ardoino. 3137 Total views 24 Total shares Paolo Ardoino, Chief Technology Officer (CTO) of Bitfinex and Tether, says recent pushes for governments to adopt regulatory paths towards central bank digital currencies won’t adversely affect…

The increasing use of HFT may help explain Bitcoin’s record low volatility. 2603 Total views 25 Total shares The Bitcoin (BTC) market has been quiet lately. A little too quiet.  As of Tuesday Bitcoin’s volatility levels had dropped to levels unseen since 2017. In recent weeks, Bitcoin has fallen behind as investors piled into altcoins such…

Hammond was a UK Conservative MP for 22 years until a Brexit-fuelled uprising left him and others omitted from the party two years ago. 60 Total views 1 Total shares Former Chancellor of the Exchequer in the United Kingdom, Lord Philip Hammond, has joined cryptocurrency custodial group Copper as a senior advisor with the ambition…

The millionaire game developer, Marc Merril, was a victim of the Singaporean man who stole identities to utilize Amazon Web Services’ and Google cloud computing power for crypto mining.A case of stolen identityIn a recently unsealed court filing on Nov. 7, Forbes discovered that Marc Merrill, the co-founder of Riot Games,  was the previously anonymous…

Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link.Top Stories This WeekBinance CEO CZ is the richest crypto billionaire at $96B: Bloomberg Bloomberg…

Billionaire investor and the winner of thousands of Bitcoins (BTC) in the Federal Bureau of Investigation’s 2014 Silk Road auctions, Tim Draper, has set his sights on India’s nascent cryptocurrency industry.On March 22, the venture capitalist tweeted that the Supreme Court’s recent reversal of the Reserve Bank of India’s (RBI) ban on banks providing financial…

The last week has seen two digital asset ETF providers announce their planned exit from the market amid regulator scrutiny and the prolonged crypto winter. 462 Total views 5 Total shares Two digital asset exchange-traded fund (ETF) issuers in Australia are set to leave the market amid heightened regulator scrutiny and a deepened crypto winter,…