Fed Nominee Judy Shelton speaks about the need for a digital dollar at a confirmation hearing in the US Senate. Treasury Secretary Steven Mnuchin wasn’t the only one to make waves at the U.S. Senate this week when it came to the future of currency. Tom Cotton, a Republican senator from Arkansas, spoke at length […]
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Decentralized finance, commonly referred to as DeFi, has changed dramatically in a short time span, and more changes are to come this year. Newcomers to decentralized finance, or DeFi, would be hard-pressed to believe how much the industry has grown, changed and matured in just over a year. At the end of 2018, Maker returned […]
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Major global publication Reuters has established a new unit in partnership with Facebook with the objective of identifying misinformation on social media. In partnership with Facebook, Reuters has established a new unit tasked with identifying misinformation on social media. As Reuters reported on Feb. 12, social media giant Facebook’s Third-Party-Fact-Checking Program and the news outlet […]
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U.S. think tank the Heritage Foundation argues that the authorities should ensure consumers can use the preferred currency, instead of launching a digital one. Conservative United States think tank the Heritage Foundation argues that instead of launching a central bank digital currency (CBDC), the government should ensure that the public can use the currencies they […]
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An Ohio man has been charged by the U.S. Securities and Exchange Commission for allegedly defrauding 150 investors in a cryptocurrency trading scheme. An Ohio man has been charged by the United States Securities and Exchange Commission for allegedly defrauding 150 investors in a cryptocurrency trading scheme. The SEC’s complaint, filed in federal court in […]
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Huobi joins Binance and LG Electronics as a member of the Klaytn Governance Council, a part of Kakao’s public blockchain project. Huobi is the latest firm to join the Klaytn Governance Council, a part of Kakao’s public blockchain project which runs its distributed network under the shared governance. The council grows According to an early […]
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The deputy director of the U.S. Financial Crimes Enforcement Network says the crypto sector must not abet a “slide backward” in money laundering prevention. The deputy director of the United States Financial Crimes Enforcement Network (FinCEN) says the cryptocurrency sector must not abet a “slide backward” in money laundering prevention. FinCEN deputy director Jamal El-Hindi made […]
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Bitcoin returns to five figures, some Coinbase users are limited to withdrawing $10 a day, and North Korean hackers get inventive. Coming every Sunday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — […]
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New data shows FAANG stocks offer better risk-adjusted performance than the top 3 cryptocurrencies in the market, including Bitcoin. Bitcoin (BTC) and other cryptocurrencies have been compared to FAANG (Facebook, Apple, Amazon, Netflix and Google) companies due to their network effects, as reported by Cointelegraph. The rationale that the increase in people using a platform […]
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While it’s commonly believed that the price of ETH follows Bitcoin, research shows that ETH is an independent asset. Cryptocurrency market sentiment is often influenced by various factors, such as expert forecasts or political events. However, if analyzing on a wider time frame, it turns out that the prices of most cryptocurrencies — especially of […]
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