Residents of Los Angeles, sports fans, and social media personalities are making light of Crypto.com’s agreement to rename the city’s Staples Center for its own marketing purposes. The Staples Center, a multi-purpose arena that has been home to the Los Angeles Clippers, Lakers and other major sports franchises for years, is scheduled to be renamed as the Crypto.com Arena starting…
Watch This Episode On YouTube Listen To This Episode: In this informational episode, “Bitcoin NBttom Line” host and Valkyrie CIO Steven McClurg invited Nasdaq’s head of exchange-traded products, Giang Bui, to discuss exchange-traded funds (ETFs) and more. The two kicked it off with a discussion about the process of getting an ETF up and launched. This process, lasting anywhere from…
The crypto asset bitcoin has seen a phenomenal year gaining 261.5% over the last 12 months and the second leading crypto asset, ethereum, rose by 819.9% since mid-November 2020. However, a slew of digital currencies saw much larger gains during the last 12 months and a dozen crypto assets have gained anywhere between 7,000% to a whopping 27,000% in value.…
In a speech published Wednesday noon, Federal Reserve Governor Christopher J. Waller reiterated his skepticism for implementing a central bank digital currency, or CBDC, in the United States. However, Waller is not an ordinary cryptocurrency skeptic, as he cites the development of genuine private-sector payment innovations, specifically stablecoins, as the reason why CBDCs are not needed. Top Stablecoins by Market…
In brief Epic Games CEO Tim Sweeney said this week that “no company can own” the metaverse, a projected future vision of the internet. Sweeney sees a “multi-trillion-dollar” opportunity in the space, which Facebook and many crypto startups are also exploring. The developing online metaverse has gotten a lot more attention lately on the back of Facebook’s rebranding to Meta,…
Michael Hsu, the acting head of the United States Office of the Comptroller of the Currency, hopes to address gaps in supervision for companies dealing with cryptocurrencies. In published comments before the Federal Reserve Bank of Philadelphia on Tuesday, Hsu called for consolidated supervision for crypto firms in which regulators or an authorized group could conduct oversight of a company…
A new crypto project is looking to bring the future of money back to its roots: bartering. And with $24 million in fresh funding, the Anoma Network has already turned a few heads. Polychain led the round and was joined by Fifth Era, Electric Capital and Zola Global, among others. The idea behind Anoma is simple: With all the advances…
beginner Changelly continues to introduce its users to tokens that have been recently added to the platform. One of them is the JST token — a native governance token from the JUST project. Changelly users can now effortlessly exchange JST tokens at floating rates. JUST is a decentralized finance (DeFi) ecosystem built for the TRON blockchain. It is an entire…
Mt Gox claimants may see restitution soon as a recent filing from the Tokyo District Court’s trustee Nobuaki Kobayashi explains that the rehabilitation plan is now “final and binding.” The document published on Tuesday notes that an announcement will follow that discloses the “details of the specific timing, procedures, and amount of such repayments.” Mt Gox Creditors May See Bitcoin…
BlockFi’s high-yield crypto savings accounts are facing increased pressure from regulators in the U.S., and now the Securities and Exchange Commission is also investigating the firm, according to Bloomberg. The New Jersey-based crypto company lets users lend and borrow a wide variety of cryptocurrencies, like Bitcoin and Ethereum, as well as stablecoins, such as USD Coin and Tether. What’s more,…
