Nasdaq-listed cryptocurrency exchange Coinbase has acquired a regulated derivatives trading platform. Coinbase plans to make the derivatives market more approachable to millions of its retail customers. Coinbase Plans to Offer Crypto Derivatives to All US Customers Nasdaq-listed crypto exchange operator Coinbase announced Wednesday that it has acquired Fairx, a regulated derivatives trading platform. Fairx is regulated by the Commodity Futures…
In brief The ruling found the SEC could not claim privilege over a key speech related to Ethereum The decision could help Ripple make the case XRP is not a security Ripple won a key procedural victory in its battle with the Security and Exchange Commission as a federal judge ruled on Thursday that the agency cannot claim that emails…
Shiba Inu (SHIB) seems to be preparing for a bullish breakout as a falling wedge pattern begins to form. The price of SHIB has been trending lower inside an area defined by two contracting trendlines while accompanying a decline in trading volume. That shows that investors have been less concerned about the downtrend. As a result, falling wedges typically provide an…
In brief In October, Dorsey said the company was looking into building a Bitcoin mining system. It’s now putting together a team to build it. In October, Square CEO Jack Dorsey let loose that the financial services firm (since renamed Block) was “considering building a Bitcoin mining system.” Three months later and those considerations have become reality. “We’re officially building…
I first heard of Jack Mallers in January 2020 and when I heard what he was doing with Strike, I immediately posted the message below on Facebook: I proceeded to watch everything I could find on him and his company. Jack Mallers is a very intelligent 27-year-old with a hoodie who operates out of a women’s clothing closet wearing Crocs,…
Binance CEO Changpeng Zhao, also known as “CZ,” is now the world’s 11th richest person, according to Bloomberg. The crypto entrepreneur has amassed a $96 billion fortune on the back of his booming exchange business and the rapidly appreciating value of Binance Coin (BNB). CZ’s wealth offers a startling reminder of just how lucrative crypto has become for early adopters.…
In brief China’s state-backed Blockchain Services Network is preparing infrastructure for NFT-like digital collectibles. The network will reportedly be incompatible with external NFTs and will not accept cryptocurrency payments. China has famously come out against cryptocurrency time and again over the years, ramping up its efforts last year as it cracked down on Bitcoin mining. But what about NFTs? A…
The below is a direct excerpt of Marty’s Bent Issue #1144: “Gordian principles and software standards.” Sign up for the newsletter here. via Blockchain Commons I had the pleasure of sitting down and interviewing Christopher Allen and Wolf McNally from the Blockchain Commons project earlier this afternoon. Blockchain Commons is a group of open source developers focused on building open…
A U.S. lawmaker has introduced a bill in Congress to prohibit the Federal Reserve from issuing a central bank digital currency (CBDC) directly to individuals. “It is important to note that the Fed does not, and should not, have the authority to offer retail bank accounts,” he stressed. Bill Introduced to Prohibit the Fed From Issuing CBDC Directly to Consumers…
On Thursday, the Iota Foundation, which oversees developments in the namesake Internet-of-Things transactions blockchain (IOTA), announced that it had been selected as one of five contractors by the European Commission to develop blockchain and distributed ledger technology in the region. According to the announcement, phase 2A aims to advance European Blockchain Services Infrastructure, or EBSI, in five areas: It will…
