State Street eyes blockchain leap with stablecoin, deposit token: Report

Accredited institutions can borrow USD OR USDC starting at 6% APR, according to the company. 208 Total views 12 Total shares Compound Treasury, a cash management solution for institutions powered by the Compound Protocol, announced on Sept.14 that accredited institutions can now borrow USD or USDC with fixed rates starting from 6% APR, using Bitcoin,…

This is Part 2 of a three-part series in which Andrew Levine outlines the issues facing legacy blockchains and posits solutions to these problems. Read Part 1 on the upgradeability crisis here and Part 3 on the governance crisis as it goes live on Sept. 25.The advent of the internet has revealed that we have…

If Coinbase gets approval from the National Futures Association, it will then need to register with the Commodity Futures Trading Commission to get the green light. 1303 Total views 31 Total shares Top U.S. crypto exchange Coinbase has submitted an application to become a registered Futures Commission Merchant (FCM) with the National Futures Association (NFA).Details…

BTC’s latest network difficulty all-time high makes it nearly impossible for bad actors to represent over 50% of the hash rate. 447 Total views 19 Total shares Further distancing itself from any concerns of planned attacks on the blockchain, the Bitcoin (BTC) network established a new mining difficulty all-time high of 31.251 trillion — exceeding…

The SEC has accepted for review the Valkyrie spot Bitcoin ETF filing named “BRRR,” which is a reference to a popular meme in the Bitcoin community. 82 Total views 20 Total shares The United States’ Securities and Exchange Commission (SEC) has accepted Valkyrie’s Bitcoin (BTC) exchange-traded fund (ETF) proposal for official review.According to data from…

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk. You should conduct your own research when making a decision.Market data is provided by the HitBTC exchange.Nicholas Colas, co-founder of DataTrek Research, believes that the performance of Bitcoin…

According to the Nikkei report, the crypto exchange was unable to compete with major companies including BitFlyer and Coincheck and “profits were tapering.” 70 Total views 21 Total shares The holding company behind DeCurret, the Japan-based company offering trading and exchanges of digital assets, reportedly plans to sell its crypto business to investment platform Amber…

Estonia-based crypto firm Paxful Inc. has been accused of defrauding thousands of Nigerian investors out of millions of dollars worth of cryptocurrencies through allegedly arbitrary account closures.The news was reported by local media agency Punch on April 7.According to the report, the Nigerian non-profit organization United Global Resolve for Peace (UGRP) filed a petition on…