While companies like Microbt, Bitmain, Innosilicon, Strongu, Ebang, and Canaan have ruled the roost in terms of manufacturing application-specific integrated circuit (ASIC) bitcoin miners, a new challenger has entered the competition. A relatively unknown integrated technology firm called AGM Group Holdings has seen a lot of ASIC sales and partnerships in recent times. A Relatively Unknown Semiconductor Firm Has Been…
In a presentation made during the Singapore Fintech Festival, Annerie Vreugdenhil, chief innovation officer of ING, announced the firm is working on a trial of its decentralized finance, or DeFi, peer-to-peer lending protocol with the Netherlands Authority for the Financial Markets. Vreugdenhil said the following in regards to the development, as reported by Ledger Insights: We are looking into peer-to-peer…
What does it mean when we say Bitcoin provides financial access? It is a phrase too often separated from meaning, relegated to press releases, to advertisements, to speeches made in stadiums, in front of people whose lives go on, unaffected by whatever gadget, whatever app, whatever the financial product being “launched” or “released.” In El Salvador, however, financial access means…
By Sid Coelho-Prabhu, Group Product Manager In May, we introduced a downloadable browser extension that brought Coinbase Wallet onto laptops and desktops. We’ve seen incredible traction with the Coinbase Wallet extension, which made it easier to securely connect to decentralized apps (dapps) and decentralized finance (DeFi) from more devices. Today, we’re bringing full standalone functionality to Coinbase Wallet extension. Now customers can…
On September 14, the Solana networkprimed for speedy, low-cost transactions compared to oft-congested Ethereumwent down for 17 hours. The culprit was a group of bots, software programs that crypto traders use to make automated trades, aping into the GRAPE token sale on decentralized exchange Raydium. The Solana Foundation called it, “in effect, a denial of service attack”though the bots’ intended…
Sam Bankman-Fried, CEO of crypto exchange FTX, said today that his company aims to establish partnerships with people who hold the worlds collective imagination. Speaking in a virtual appearance at this years Solana Breakpoint conference in Lisbon, Portugal, Bankman-Fried pointed out that the number of such people is, “very, very small. And I think Tom Brady is one of them.…
Even though crypto has long attained relevance as an independent political issue, at times it gets entangled with the broader dynamics of the political process. The notorious infrastructure bill a major pillar of the Biden administrations economic agenda suddenly passed in the U.S. House last Friday despite congressional Democrats original agreement to vote on the partys other legislative priorities first.…
United States cryptocurrency exchange Coinbase has rolled out a new standalone browser extension for its Coinbase Wallet, giving users the ability to more easily access thousands of digital assets on decentralized exchanges, commonly known as DEXs. Beginning Monday, Coinbase Wallet will be available as a standalone browser extension, which means new customers can download the tool for free on Chrome.…
The Central Bank of Nigeria has reportedly ordered all commercial banks in the country to freeze accounts with at least two individuals engaged in crypto trading. According to a Nov. 7 report from Nigerian news outlet Peoples Gazette, the Director of Banking Supervision, J.Y. Mammanand, issued a notice directing the central bank to close the accounts of two alleged crypto…
Changelly introduces another token available on the platform the ARPA token. Thereby, the family of over 200 cryptocurrencies continues to expand, and users can now effortlessly exchange ARPA tokens at floating rates. ARPA is a blockchain-based layer-two solution for privacy-preserving computation, enabled by Multi-Party Computation. The goal of ARPA is to separate data utility from ownership and enable data renting.…
