Mexico’s Senate building now houses the country’s 14th Bitcoin (BTC) ATM, a sign of the country’s increasing interest in Bitcoin. The ATM was installed on Tuesday with the support of several legislators, including Miguel Angel Mancera, head of the parliamentary group of the Party of the Democratic Revolution (PRD). Senator and outspoken crypto enthusiast Indira Kempis shared her excitement at…
Coinbase has listed Binance USD (BUSD), the crypto exchange’s U.S. dollar-backed stablecoin, for trading on the Ethereum network. That makes it the eighth stablecoin to be offered by Coinbase, joining Tether (USDT), USD Coin (USDC), TerraUSD (UST), Dai (DAI), Paxos Standard (PAX), Rai Reflex Index (RAI), and mStable USD (MUSD). BUSD is Binance’s stablecoin project, created in partnership with Paxos,…
A survey by crypto trading platform Bitstamp shows that 80% of institutional investors believe crypto will overtake traditional investment vehicles. Furthermore, 70% of institutional investors said crypto was a trustworthy investment, with 68% actively recommending this asset class in investment strategies. Institutional Investors Bullish About Crypto Bitstamp, a major crypto derivatives trading platform, announced the results of its first-ever Crypto…
“…[Georg Wilhelm Friedrich] Hegel’s dialectic process exhibits a triadic movement. Usually this triadic structure of the dialectic process is described as a movement from thesis to antithesis and finally to a synthesis, after which the synthesis becomes a new thesis and this process continues until it ends in the Absolute Idea…” — Charles T. McGruder, Ph.D. Fiat money is monolithic.…
Edward Snowden, the famed National Security Agency whistleblower, helped launch Zcash in 2016, a representative of the Zcash inventors Electric Coin Company told Decrypt. Snowden joined Zcash creator Zooko Wilcox, Bitcoin core developer Peter Todd, Coin Center’s Peter Van Valkenburgh and two others in launching the Zcash blockchain. In a process known as “trusted setup,” the six participants each received…
Major United States-based payment processor PayPal will reportedly be closing its office in San Francisco, while the headquarters in nearby San Jose will remain available to employees. According to a Wednesday report from TechCrunch, the payments firm will be closing its offices in downtown San Francisco with its Xoom arm — the division responsible for international digital money transfer services.…
In brief BlackRock is the world’s biggest asset manager. It just launched a blockchain and tech ETF, giving investors exposure to crypto companies. BlackRock, the world’s biggest asset manager, has listed its iShares exchange-traded fund (ETF) to allow investors to gain exposure to the blockchain and cryptocurrency market without directly investing in crypto. An application for the iShares Blockchain and…
In brief BlackRock is the world’s biggest asset manager. It just launched a blockchain and tech ETF, giving investors exposure to crypto companies. BlackRock, the world’s biggest asset manager, has listed its iShares exchange-traded fund (ETF) to allow investors to gain exposure to the blockchain and cryptocurrency market without directly investing in crypto. An application for the iShares Blockchain and…
The project will be led by an intersectoral domestic team, Diokno said, as well as “external advisers from international standard-setting bodies and multilateral institutions to build on trainings and knowledge sharing on CBDC development and implementation all over the world.” Diokno called the project “critical in constructing the BSP’s medium to long-term roadmap for more advanced wholesale CBDC projects that…
Ondo Finance, which describes itself as a “permissionless, decentralized investment bank,” has raised $20 million in Series A funding to hire more staff and continue building DeFi offerings for DAOs and retail investors. Peter Thiel’s Founders Fund and Pantera Capital led the round, with Coinbase Ventures, GoldenTree, Wintermute, Tiger Global, and others participating. Currently, Ondo offers structured, token-based investment vehicles…
