In brief In October, Coinbase proposed a new digital asset regulator. Robinhood’s Dan Gallagher explained why he doesn’t think it will work. A month ago, U.S.-based exchange Coinbase proposed what it saw as the ideal solution for crypto’s regulatory problem: a new federal regulatory body. Dan Gallagher, the chief legal officer of Coinbase rival Robinhood, thinks that’s a non-starter. “It’s…
As a video producer during the past 15 years, I’ve always been passionate about helping people tell their stories. From producing Bravo TV reality shows to crafting documentaries, I’ve been behind the camera for it all. I’ve seen firsthand how personal stories bring us together, and help us feel connected, even in a sometimes very disconnected-feeling world. With the growth…
Financial technology (fintech) has exploded during the last two years and cryptocurrency and blockchain firms have bolstered the billion-dollar industry. A recently published study by Utility Bidder indicates that the industry is predicted to surpass $382 billion by 2027. Moreover, fintech firms that are blockchain-specific are projected to be worth over $67.4 billion by 2027. The recent study also highlights…
Ripple is a real-time gross settlement system, currency exchange and remittance network produced by Ripple Labs Inc., a US-based technology business. Released in 2012, Ripple is built upon a distributed open source protocol and supports tokens representing fiat currency, cryptocurrency, commodities, or other units of value such as frequent flier miles or mobile minutes.Ripple purports to enable “secure, instantly and…
Bitcoin (BTC) bulls were euphoric when the price soared to $69,000 on Nov. 10 because the 14.5% gain accumulated over five days meant they were in for a $715 million profit on Nov. 12’s options expiry. However, the 9% negative price move on Nov. 16 caught bulls by surprise, especially since most of the call (buy) options for Nov. 19…
Tim Massad, who served as chair of the Commodity Futures Trading Commission until 2017, said the United States is too slow in developing a plan to modernize its payment systems. In a Wednesday hearing of the Joint Economic Committee on the role of digital assets in government, Massad said a central bank digital currency, or CBDC, could be one solution…
If putting your name on a basketball arena won’t raise your coin’s price, nothing will. Fortunately for Crypto.com, splashing out a few hundred million on marketing still seems to be good for business, at least so far. The price of Crypto.com Coin (CRO) has risen over 30% in the last 24 hours and has hit an all-time high of just…
Dr. Saifedean Ammous, author of “The Bitcoin Standard” and “The Fiat Standard,” joined Dr. Jordan B. Peterson, clinical psychologist, best-selling author, and host of The JBP Podcast, to discuss money, economics, incentives, decentralization, Bitcoin, and fiat currency. “Learned a lot,” Peterson tweeted, after the conversation with Ammous. “Bought some more bitcoin. Inflation be damned.” Ammous walked through many of the…
Starting Today, Wednesday November 17, transfer VGX into your Coinbase Pro account ahead of trading. Support for VGX will generally be available in Coinbase’s supported jurisdictions with certain exceptions as indicated in each asset page here. Trading will begin on or after 9AM Pacific Time (PT), Thursday November 18, if liquidity conditions are met. One of the most common requests we…
Authorities in China are continuing to crack down on activities linked to cryptocurrencies which they consider illegal. The country’s top economic planning body has clearly indicated it intends to go after large-scale cryptocurrency mining taking place at government-operated industrial facilities. State Firms Mining Crypto in China to Face Higher Electricity Bills China’s National Development and Reform Commission (NDRC) announced Tuesday…
