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Bank of England Official Reflects on Crypto’s Catalyzing Impact on Central Bank Priorities
In his farewell speech, Sir Jon Cunliffe of the Bank of England took stock of how Facebook's 2019 announcement of its planned Libra cryptocurrency jolted central banks and regulators to address digital money and payments with greater urgency. While Libra itself ultimately failed to launch and was rebranded last year, Cunliffe said its unveiling put......
FTX Moves Millions in LINK and MATIC Amid Ongoing Criminal Proceedings
Cryptocurrency exchange FTX has transferred additional millions in digital assets, according to blockchain data revealed by on-chain analyst Lookonchain. The latest transfers include: $2.6 million in Chainlink's LINK tokens $1.3 million in adventure gold AGLD $4.8 million in Polygon's MATIC, with $1.8 million subsequently sent to Coinbase The asset movements follow earlier transfers of millions......
Coinbase Uncovers the Crypto Shift Among Millennials and Gen Z
Younger generations are propelling crypto adoption as they look beyond traditional institutions to chart their own paths to economic opportunity, according to crypto exchange Coinbase's latest State of Crypto report. The report finds that Millennials and Gen Z have far less faith in the current financial system. They are instead embracing cryptocurrency and blockchain as......
Binance and Tether Under Fire as Lawmakers Demand Terrorism-Financing Crackdown
Republican lawmakers are pressing the Department of Justice to evaluate crypto exchange Binance and stablecoin Tether over potential terrorism financing. This comes amid conflicting reports on crypto's role in funding attacks against Israel. In a letter on Thursday, Senator Cynthia Lummis (R-WY) and Representative French Hill (R-AR) urged the DOJ to evaluate Binance and Tether's......
🥛 Sam Bankman-Fried takes the stand ⚖️
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Maverick Central Banker Reveals How He Urged China to Adopt Bitcoin in 2011
In an exclusive interview with Chinese journalist Colin Wu, Hong Shuning, the author of China's first Bitcoin research paper and a former central bank researcher, revealed his vision of Bitcoin as legal tender back in 2011. Hong sees Bitcoin evolving beyond just a currency into a diverse Web 3.0 ecosystem. Despite missing out on huge......
Coinbase Wallet Introduces Real-Time Balances as Exchange Expands to Spain
Coinbase Wallet has implemented support for real-time balance updates and near-instant transactions on Layer 2 (L2) networks like Arbitrum and BuildOnBase, according to a tweet by the company's official Twitter account. CEO Brian Armstrong expanded on this in his own tweet, stating that Coinbase has been working hard to reduce the cost and time required......
Mastercard and MoonPay Collaborate to Boost Web3 Marketing
Cryptocurrency payments provider MoonPay announced a new collaboration with Mastercard focused on Web3-based marketing and experiences. Together, the duo will explore utilizing Web3 tools to enhance experiential marketing across Mastercard's sponsorship properties. The goal is to connect with consumers through innovative engagement, according to the details of the announcement. MoonPay will also work closely with......
🥛 Meet the crypto companies outperforming Bitcoin… 🤑
Today’s edition is brought to you by Horizen EON - an EVM-compatible smart contracting platform that allows developers to efficiently build and deploy dApps on the Horizen ecosystem. Join the Horizen ecosystem today! GM. This is Milk Road, the SportsCenter of crypto - we only bring you the best highlights. Here’s what we got today:......
