World Bank Taps Australia’s CommBank to Issue Its First Blockchain Bond

news YouNow, a video platform that aims to reward active users with its own cryptocurrency, is taking a belt-and-suspenders approach to compliance. The New York-based startup has filed a Reg-A+ offering circular for its Props token with the Securities and Exchange Commission (SEC) – even though it isn’t selling them to investors, accredited or otherwise. If…

Big tech and social media giants are inflicting profound damage on our society.We do believe in the promise of technology to lead us to a new era of human progress and prosperity. We also believe technology can deliver unimaginable destruction and harm, accelerated by the power of AI.We believe the internet was created over half

The market is starting to differentiate between stablecoins, even though these cryptocurrencies are all designed to trade 1-to-1 with fiat. Several U.S. dollar-pegged cryptocurrencies are now trading either significantly higher or significantly lower than the greenback, reflecting investors' perceptions of their relative risk. Given that stablecoins are typically used as on-ramps for investors looking to…

Bitcoin fell to $25,530 on Wednesday, as investors shrugged off the U.S. central bank’s widely expected halt to a more than year-long diet of interest rate hikes. Major altcoins took a late afternoon dive to sink into negative territory.The largest cryptocurrency by market capitalization was recently trading down about 1.2% over the past 24 hours…

news Cryptocurrency exchange Kraken has just acquired a firm offering a way for institutional investors such as hedge funds and asset managers to better manage their portfolios. The exchange announced Tuesday that it has bought Interchange, an accounting, reconciliation and reporting service provider that it says offers an “institutional-grade” service. Interchange notably boasts as co-founders Dan Held,…

news The head of the U.S. House of Representatives Financial Services Committee wants Facebook to stop developing its new Libra cryptocurrency network – at least temporarily. Congresswoman Maxine Waters asked Facebook to halt development of the Libra Network until hearings can be held. The move follows a letter written to her by her Republican counterpart, Representative…

news Blockchain startup PeerNova has received $31 million in a Series B round, bringing the company’s total fundraising to $74 million. Mosaik Partners led the latest investment, joined by Intuitive Venture Partners and Medici Ventures, the investing arm of retail giant Overstock, the company said. PeerNova declined to disclose any further financial details of the…

Bitcoin Ordinals project Taproot Wizards delayed the mint of its "Quantum Cats" collection for a third time, in a further embarrassment for the high-profile effort.After the scheduled sale of the NFT-like digital art series was marred by technical issues on Monday, Taproot paused proceedings with a promise to resume 24 hours later. However, the plan

feature “Profit is a bug.” That’s according to Lightning Network co-creator and Lightning Labs co-founder Tadge Dryja, who spoke earlier this month at Scaling Bitcoin in Tel Aviv. However, 18 months after the namesake startup released the beta version of LND, Dryja’s sentiment is not stopping nearly a dozen lightning-related firms from pushing toward monetization.…