China Construction Bank has used blockchain technology to issue the first tranche of a planned $3 billion worth of debt. China Construction Bank has partnered with a Hong Kong-based fintech to issue the first-ever blockchain-based digital security issued by a Chinese financial institution. One of the “Big Four” banks in the People’s Republic of China, […]
Continue Reading
Geth developers to blame? The Ethereum network has suffered what looks like a hard fork on Wednesday as reports emerged of outages and irregularities on infrastructure providers Infura and Blockchair. While initially it was believed to be an internal issue in Infura, a hosting service used by some exchanges and service providers to interact with […]
Continue Reading
The attorneys representing the accused principal of shadow-bank Crypto Capital, Reggie Fowler, have filed motions to withdraw as his counsel. The attorneys representing Reggie Fowler — the accused operator of the notorious shadow-bank to the crypto sector, Crypto Capital — have filed a motion to withdraw as Fowler’s counsel. According to the motion, Hogan Lovells […]
Continue Reading
With Uniswap’s liquidity mining rewards program set to end in one week, the project has called a community meeting to discuss how to move forward. Leading decentralized exchange (DEX) Uniswap has announced an “unofficial community call” set for Nov. 12 at 12 noon ET. The call is scheduled to discuss several core governance issues central […]
Continue Reading
Reduced mempool activity not only results in reduced fees but gives users a chance to perform transactions that may not otherwise be practical. The Bitcoin network mempool shrank to its smallest size since mid-October this week after the network’s hash power soared. The clear mempool meant that that thousands of stuck transactions pending confirmation were […]
Continue Reading
Ethereum, DeFi tokens, and altcoins capitalized on Bitcoin’s consolidation by rallying strongly in the past 48-hours. For the past two days, Bitcoin price has traded within the $14,800 to $15,500 range but the top-digital asset struggled to flip $15,500 to support. A positive is BTC continues to make higher lows and at the time of […]
Continue Reading
CoinDCX users to stake on ETH 2.0 with as low as 0.1 ETH, the exchange says. CoinDCX, one of the largest cryptocurrency exchanges in India, is preparing its platform to support ETH 2.0 staking in anticipation of Ethereum 2.0 launch. As the first phase of Ethereum 2.0 is expected to come on Dec. 1, CoinDCX […]
Continue Reading
FTX’s Sam Bankman-Fried doesn’t believe Ethereum will be able to provide the scaling capabilities required by the DeFi sector in future. FTX exchange co-founder and CEO Sam Bankman-Fried believes Ethereum (ETH) is incapable of handling decentralized finance’s (DeFi) growth. Talking to Camila Russo from the Defiant Podcast, Bankman-Fried says that the Ethereum blockchain is limitin […]
Continue Reading
The Silk Road saga gets more airtime on the latest CBS News documentary Mainstream U.S. media outlet CBS is airing a documentary tonight on the takedown of the Silk Road dark web marketplace. It features an interview with Julia Vie, former girlfriend of Silk Road founder Ross Ulbricht who claims ‘Dread Pirate Roberts’ wasn’t motivated […]
Continue Reading
Gary Gensler will reportedly ensure a smooth transition with the Federal Reserve in addition to banking and securities regulators. Less than four days after his official acceptance speech, Joe Biden has already begun assembling a team including the former chairman of the Commodity Futures Trading Commission as part of his transition to the 46th President […]
Continue Reading