“No CBDC in Florida.” That’s what Gov. Ron DeSantis of Florida proclaimed on Monday morning as he unveiled new legislation blocking the adoption of central bank digital currency (CBDC) in his state.DeSantis isn’t alone. Last month, Rep. Tom Emmer (R-Minn.)
This week, Florida Governor Ron DeSantis proposed legislation to try to prevent the federal government from deploying a central bank digital currency (CBDC) in his state. That move reflects an unfortunate uptick in politicization and is ultimately unlikely to succeed.Alongside a
Ignore it or embrace it. The world of Web3 is here to change the way we do content. Shifting the power from a selected few to the consumers, brands on Web3 are no longer at the mercy of the algorithm.Unlike Web2 media, Web3 doesn’t come with a marketing playbook and require
The Biden administration and federal regulators appear to be using whatever means necessary to cut the cryptocurrency industry off from banking services. Critical observers have dubbed this alleged effort “Choke Point 2.0” after a similar push by the Obama administrat
Who are the smartest people in the crypto room, and what are they doing with their capital?“Smart money” is the moniker assigned to a loosely defined group of investors and traders who have an edge in their trading activities, often simply because they have more capit
It seems the crypto industry still has some questions about Signature and Silvergate’s shutdowns. Plus, I’m in Washington, D.C., for a few days this week attending the DC Blockchain Summit on Tuesday and the CFTC Technology Advisory Committee meeting on Wednesday. Say
Euler Finance’s efforts to recover nearly $200 million in stolen crypto hit yet another wrinkle Tuesday after a wallet linked to North Korean hackers tried to swindle the decentralized finance (DeFi) protocol’s exploiter.The so-called Ronin bridge exploiter, which las
Euler Finance’s efforts to recover nearly $200 million in stolen crypto hit yet another wrinkle Tuesday after a wallet linked to North Korean hackers tried to swindle the DeFi protocol’s exploiter.The so-called “Ronin bridge exploiter,” which last March st
Three years ago this past weekend, markets were reeling from a particularly bad week. The S&P 500 had lost almost 17% of its value, the Dow Jones Industrial Average had suffered its worst one-day drop on record, and bitcoin (BTC) had plummeted over 50% to just below $4,000 be
HAPI Labs has launched a platform for reporting scam- and crime-related addresses, in partnership with Ukraine’s cyber police.Scamfari OSINT, currently in beta mode, allows users to report cryptocurrency wallets related to scams, sanctions violations, terrorism financing an
The battle is looming and is real. The battle, as Marta Belcher sees it, is the fight for online privacy, censorship resistance and freedom from surveillance.Take the bill proposed by U.S. Senator Elizabeth Warren (D-Mass.), officially called the Digital Asset Anti-Money Launderi
Global remittances are increasingly digital and the industry has grown alongside that fact, allowing the sender to put funds straight onto a recipient’s card, mobile device, or digital wallet.
Bitcoin (BTC) has rallied stupendously this week, up 38% since March 11. It has outperformed basically every altcoin, including Ethereum. All of this has happened as various banks were self-immolating in protest of Jason Calacanis’ hairline.Some have argued this is a vindic
An issue inherent with blockchain systems is their inability to expand without sacrificing security or decentralization – a concept coined by Ethereum co-founder Vitalik Buterin as the “blockchain trilemma.”However, the emergence of zero knowledge (ZK) cryptogra
Often we don’t take our side hobbies as seriously as we'd want. We skip those guitar lessons, the baking book we bought is now covered in dust, the new running shoes are hiding in the closet and, almost always, we promise ourselves we’d do better next time.So imagine
You've likely popped into a thrift store in the past; but, unless you set out with a specific list of things to search for there, you may have found yourself overwhelmed. Discover: 8 Best New Items...
The blockchain industry is often fragmented, with several blockchain networks providing a distinct specialty or use case. This fragmentation may create hurdles to the entrance of new users.
Time to add Credit Suisse (CS) to the list of bank failures we’ve seen so far in 2023.Over the weekend UBS agreed to buy Credit Suisse for what equates to about $3.25 billion of UBS stock complete with the Swiss government helping absorb some of the coming writedowns of CS&
The biggest U.S. banks haven't stepped forward to welcome homeless crypto businesses scrambling for banking services after fleeing the wreckage of Silvergate Bank, Signature Bank and Silicon Valley Bank.CoinDesk asked the top 20 U.S. banks by assets if they were taking on crypto