Following the withdrawal of former Federal Reserve Board governor Sarah Bloom Raskin, United States President Joe Biden has announced his intention to nominate former Obama administration official and law professor Michael Barr as the central bank’s vice chair for supervision. In a Friday announcement, the White House said Barr was Biden’s pick to supervise the Federal Reserve and set the […]

Binance, the world’s largest cryptocurrency exchange by volume, announced the launch of its customer service center, Cointelegraph Turkey reported. Binance picked Turkey, where it established a local entity roughly two years ago, as the pilot country for its new service. A possible reason for Binance to pick Turkey is the high volume of traffic the exchange is getting from the […]

On Thursday (April 14), the team behind cross-chain bridge Allbridge announced that it had “successfully integrated support for XRP Ledger (XRPL), a decentralized, public blockchain built for payments,” delivering on a promise it made back in January. What Is Allbridge? According to Allbridge’s documentation, a blockchain bridge is “a connection that allows tokens and/or arbitrary data to be transferred from one chain […]

Georgia is set to become the latest country to comprehensively regulate its nascent digital currency industry. The central bank reveals that it has been working with international partners to draft a new bill that governs the industry. In an interview with The Financial, the governor of the National Bank of Georgia talked about the state of the country’s financial industry at a […]

Dogecoin (DOGE), the popular dog memecoin, has moved slightly higher as Elon Musk talked about block size and how long blocks should take to be processed in the network. During a conversation with Shibetoshi Nakamoto – one of DOGE creators – he stated that block size and time should keep pace with the rest of the internet, making reference to […]

Cointelegraph’s Joseph Hall sat down with Silvio Micali, the founder of Algorand, as part of its on-the-ground coverage of the Paris Blockchain Week Summit, or PBWS. Algorandis a blockchain that uses a Pure proof-of-stake (PPoS) protocol, and the company was one of the main sponsors of the summit.  https://www.youtube.com/embed/chP1mCanaNk Micali started off by explaining that the the blockchain trilemma, claiming that […]

According to a report published by Bloomberg on Thursday, Ava Labs is en route to raising a new round of funding for $350 million at a valuation of $5.25 billion. Details of the agreement have not been made public. Ava Labs is the lead developer of the Avalanche (AVAX) blockchain.  The total value locked, or TVL, on AVAX currently sits […]

Bitcoin (BTC) has come a long way since an obscure and esoteric white paper written by Satoshi Nakamoto was first published 13 years ago. The Bitcoin 2022 conference, sponsored by Cash App, was perhaps the largest single event for the BTC community as 30,000 attendees and exhibitors descended on Miami Beach, according to the Miami Herald.  Cointelegraph sent a contingency […]

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