Who takes the cake as the prime mover of the crypto and blockchain sector for 2023? The answer is more of a “what” than a “who.” Good Ol‘ Bitcoin, the industry’s pioneer cryptocurrency, sits atop the list as the most impactful player in the space on the Cointelegraph Top 100.  Bitcoin (BTC) was created following the 2008 global financial crisis […]

Coinbase CEO Brian Armstrong discussed the company’s Q4 2022 earnings call on 21 February 2023, highlighting three key themes in his opening remarks. According to the transcript provided by The Motley Fool, firstly, he discussed how the company had reduced its operational expenditure (“opex”) to “operate more efficiently and better generate EBITDA in the future.” This includes reducing headcount by […]

European basketball team the London Lions has aligned itself with Bit Pay and formed a joint partnership with the crypto platform. The purpose? To allow fans to purchase both tickets and merchandise surrounding the team with crypto assets. The London Lions Have Jumped Into Crypto The move is pushing the goals of bitcoin and its digital counterparts closer to being achieved. […]

Global financial authorities have taken the recent cryptocurrency developments as a crucial moment to revisit crypto regulations and issue warnings on digital assets’ related risks, including liquidity crunch and extremely high volatility to banking organizations. The collapse of Terra Luna UST and FTX, which combined involved over $100 billion, are the key events used to issue crypto warnings.  A recent […]

The United States Securities and Exchange Commission is not the appropriate agency to regulate stablecoins, according to Circle founder and CEO Jeremy Allaire. In an interview with Bloomberg on Feb. 24, the Circle chief executive aired his views on the SEC and its recent moves to clamp down on the crypto industry, including stablecoin issuer Paxos. Allaire appears to have taken […]

The Ethereum community appears to have taken a bullish view of Coinbase’s newly announced layer-2 network, Base, which has been described as a “massive confidence vote” and a “watershed moment” for the blockchain network.  Secured on Ethereum and powered by layer-2 network Optimism, Base aims to eventually become a network for building decentralized applications (DApps) on the blockchain. The layer-2 […]

On Thursday (23 February 2023), the International Monetary Fund (IMF) issued a press release on crypto assets that has some crypto enthusiasts worried. The IMF, established on 27 December 1945, “works to achieve sustainable growth and prosperity for all of its 190 member countries” by “supporting economic policies that promote financial stability and monetary cooperation, which are essential to increase productivity, job creation, […]

The executive board of the International Monetary Fund (IMF) has assessed a paper on crypto asset policy published by the fund and expressed its agreement with its proposed policy framework. The paper, titled “Elements of Effective Policies for Crypto Assets,” developed a framework of nine policy principles that addressed macrofinancial, legal and regulatory, and international coordination issues.  The proposed principles were […]

The original manuscript of Neil Stephenson’s Snow Crash — the book which coined the term “Metaverse,” — will be auctioned by Sotheby’s, according to a page on Sotheby’s official website. The auction is part of a Feb. 23 series called “Infocalypse” that includes six physical and six digital items related to the famous book. The original manuscript is in Lot 2 […]