BBVA, a private bank based in Spain, released an article that states Latam users are very interested in their crypto-powered solutions. The institution informed that close to 20% of the users of their New Gen accounts, which are available from Switzerland, are Colombians who are attracted by the crypto services offered by these accounts. Colombians Attracted by Crypto Services,…
Institutional investors are piling into Ether-based digital asset funds, which have recorded seven straight weeks of positive inflows, according to the latest CoinShares report. Said inflows reached $16.3 million last week, adding to a total of $159 million in inflows over the last seven weeks. CoinShares Head of Research James Butterfill on Aug. 8 said the rise in market sentiment…
This is an opinion editorial by Wes Craik, an independent Canadian writer and host of the FINterpreter YouTube channel. Central Bank Digital Currencies (CBDCs) will soon be operational in various countries and it’s important to note that they’re a form of money with intrinsic programmability. Rules can and will be set as to how these central bank liabilities can be…
Tesla and Spacex CEO Elon Musk has challenged Twitter’s CEO to a public debate over the platform’s fake accounts and spam bots. A recent poll conducted by Musk showed that nearly 65% of respondents do not believe that less than 5% of Twitter daily users are fake or spam. Musk Challenges Twitter’s CEO to Public Debate Tesla CEO Elon Musk…
F2Pool co-founder Chun Wang has responded to allegations that his mining pool has been manipulating Ethereum block timestamps to “obtain consistently higher mining rewards.” The allegations came from an Aug. 5 paper from researchers at The Hebrew University, claiming the mining pool has been engaging in a “consensus-level” attack on Ethereum over the last two years to gain an edge over…
20 million JavaScript developers will now have the ability to write blockchain smart contracts and build applications on the NEAR Protocol, after rolling out JavaScript Software Development Kits (JS SDKs) on Monday. Speaking with Cointelegraph at the Korea Blockchain Week (KBW) on Aug. 9 (local time), NEAR founder Illia Polosukhin emphasized that the move will open up the niche field…
This is an opinion editorial by Yuya Ogawa, a software engineer and co-host of the Diamond Hands community. This article is based on the content of the “Understanding Lightning” report produced by the Diamond Hands community, the largest Lightning Network community in Japan. The report aims to provide an overview of Lightning’s technology and ecosystem for a non-technical audience. What’s…
Barstool Sports founder Dave Portnoy claims he is being sued by SafeMoon investors. In a bizarre video posted on Twitter on Monday, the internet celebrity confronts a man who he says had knocked on his door early in the morning to inform him of a lawsuit. In the video, Portnoy asks the man, “How many times did you knock on…
This is an opinion editorial by Dawdu M. Amantanah, author of “The Bit On Digital Coins: A Quick Practical Guide To Understanding Cryptocurrency.” The Renaissance was a time of significant advancement in human understanding. Fearless explorers began traveling across the open oceans, scientists developed new ideas, and cities exploded into important hubs of trade and culture. One of the period’s…
Federal Reserve Governor Michelle Bowman says she supports ongoing 75 basis point interest rate hikes “until inflation is on a consistent path to significantly decline,” citing “a significant risk of high inflation into next year for necessities including food, housing, fuel, and vehicles.” The Fed governor also noted that crypto assets “could benefit from more regulatory clarity.” Fed’s Bowman on…
