# Industry players respond to Vitalik Buterin’s thoughts on cross-chain ecosystems

Admin5 years ago03 mins

“# Industry players respond to Vitalik Buterin’s thoughts on cross-chain ecosystems ” Last week, Vitalik Buterin, Ethereum (ETH)’s co-founder, voiced his disapproval regarding the emergence of cross-chain bridges, citing security vulnerabilities due to their interdependency. In the days that followed, however, developers working on cross-chain technologies largely dismissed his skepticism. In a statement to Cointelegraph,…

# Gemini acquires BITRIA to push crypto into the wealth management industry

Admin5 years ago03 mins

“# Gemini acquires BITRIA to push crypto into the wealth management industry ” Crypto exchange Gemini announced Thursday that it had agreed to purchase Bitria, a San Fransisco-based start-up that provides traditional portfolio management tools for use in crypto investments. The goal of Bitria is to provide a platform for traditional asset managers and financial advisors…

# Bitcoin cycle is far from over and miners are in it for the long haul: Fidelity report

Admin5 years ago04 mins

“# Bitcoin cycle is far from over and miners are in it for the long haul: Fidelity report ” Fidelity Digital Assets — the crypto wing of Fidelity Investments which has $4.2 trillion assets under management–shared their “two sats” on the future of the digital assets space. The key takeaways touched upon miners’ behavior and…

# Cointelegraph Consulting: A look at Terra’s ecosystem

Admin5 years ago09 mins

“# Cointelegraph Consulting: A look at Terra’s ecosystem ” Terra’s native staking token, LUNA, was one of the best-performing cryptocurrencies of 2021, with gains north of 13,000%. Terra has also surpassed Binance Smart Chain (BSC) in total locked value with $17.62 billion, making it the second-biggest DeFi chain just after Ethereum. Much of this growth…

# Swiss central bank tests wholesale CBDC with commercial partners

Admin5 years ago04 mins

“# Swiss central bank tests wholesale CBDC with commercial partners ” Switzerland took another step to clarify the roadmap for integrating central bank digital currencies (CBDC) into the current financial system. The Swiss National Bank (SNB), the country’s central bank, completed the second phase of Project Helvetia with its partners by integrating wholesale CBDC into the…

# BBTV launches crypto payment solution for media monetization

Admin5 years ago04 mins

“# BBTV launches crypto payment solution for media monetization ” Content creators on BroadbandTV Corporation (BBTV) will soon be able to get paid in crypto. BBTV recently announced Pay to Crypto, a payment solution that lets creators get paid in Bitcoin (BTC), Ether (ETH), and USD Stablecoin (USDC). With the newly-launched solution, creators only need to choose…

# Tonga to copy El Salvador bill making Bitcoin legal tender, says former MP

Admin5 years ago07 mins

“# Tonga to copy El Salvador bill making Bitcoin legal tender, says former MP ” Another domino is lined up to fall down the route to Bitcoinization. On Wednesday, the Pacific island nation of Tonga shared a play-by-play approach to adopting Bitcoin (BTC) as legal tender. In a series of tweets, Lord Fusitu’a, a former member…

# China aims to separate NFTs from crypto via new blockchain infrastructure

Admin5 years ago05 mins

“# China aims to separate NFTs from crypto via new blockchain infrastructure ” China is planning to draw a clear line between cryptocurrencies and nonfungible tokens (NFTs), pretty much the same way it did with its digital currency efforts, before the crypto crackdown in the country harms the local NFT industry. The Blockchain-based Service Network…

# Institutional investment will boost Bitcoin to ,000, says SEBA CEO

# Institutional investment will boost Bitcoin to $75,000, says SEBA CEO

Admin5 years ago03 mins

“# Institutional investment will boost Bitcoin to $75,000, says SEBA CEO ” The CEO of Switzerland-based financial institution SEBA Bank shared his predictions for Bitcoin (BTC) in 2022. A boon for BTC bulls, Guido Buehler was optimistic about institutional adoption and a price increase to $75,000 per coin. He explained in an interview that at SEBA, asset pools…

# Visa survey shows that 24% of SMBs plan to accept crypto payments

Admin5 years ago03 mins

“# Visa survey shows that 24% of SMBs plan to accept crypto payments ” Back in 2021, a study showed that there is a high demand for cryptocurrency payment abilities among both crypto holders and non-holders. However, in the same study, 50% of participants noted that there are not enough businesses that accept crypto. This…