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“# Bank of America partnership with Paxos will allow same-day trade settlements ” The second-largest bank in the United States is now reportedly using blockchain technology for settling stock trades. According to a Bloomberg report on Monday, Bank of America has joined Paxos Settlement Service, a platform capable of same-day settlement of stock trades using…
“# Coinbase Wallet adds Chrome browser extension ” Digital currency exchange Coinbase has announced a new browser extension for its native wallet, enabling users to more easily connect to decentralized applications and decentralized finance directly on their desktop. The Coinbase Wallet browser extension is now available on Google Chrome, the company announced Monday. Coinbase Wallet…
“# ‘Cash, candy or Bitcoin’: Paying minors in 2021 ” A Bloomberg contributor will be paying his son Bitcoin in exchange for chores above and beyond his usual scope, but he is seemingly unable to decide on the best means of payment. In an opinion piece today, Eddie Yoon said he would pay his seventh…
“# Polygon active users grow by 75,000 as DeFi boom continues ” Polygon, a leading platform for Ethereum (ETH) scaling and infrastructure development, has attracted 75,000 new users over the past seven days, highlighting growing demand for layer-2 decentralized applications. The data, courtesy of DappRadar, shows that the top 20 Polygon dapps were responsible for…
“# Galaxy Digital books $860M in net comprehensive income in Q1 ” Galaxy Digital Holdings, a cryptocurrency-focused investment manager, booked a stellar first quarter on the back of surging digital asset valuations. The company’s net comprehensive income, which includes net income and unrealized income, surged to $860.2 million in the quarter ending March 31, 2021….
“# UK Bitcoin wallet provider Caricoin to create NFT platform for reggae artists ” Jamaican reggae artist Bay-C has partnered with Caricoin, a London-based Bitcoin (BTC) wallet company, to create a nonfungible token (NFT) platform for fellow performers in the Caribbean. According to a report by the Jamaica Observer, the planned NFT platform will allow…
“# Caitlin Long reveals the ‘real reason’ people are selling crypto ” The founder and CEO of Avanti Financial is claiming Tether’s recent disclosure about the stablecoin’s reserves may have contributed to the altcoin selloffs last week. In a series of Saturday tweets, Caitlin Long said that Tether Holdings Limited’s breakdown of Tether’s (USDT) reserves…
“# Inflation winds stiffen as Bitcoin ballast on balance sheets proves its value ” It surely hasn’t escaped their notice, after all, that a number of public companies that “joined” Bitcoin (BTC) in a big way over the past year recently broadcast strong Q1 2021 earnings. Square, which holds $472 million worth of BTC, for…
“# Defying COVID-19: Blockchain events make an in-person return ” The year 2020, for most of the inhabitants of our planet, was passed in lockdowns or quarantine due to the COVID-19 pandemic; many were forced to stay at home. Social events were canceled or postponed, and entire sectors of the world economy suffered huge losses. …
“# Blockchain will thrive once innovators and regulators work together ” There is often a perceived tension between regulation and innovation. A pervasive narrative has emerged that these two important parts of our society are at odds with each other. In reality, it’s when these two come together as partners that we can effect change…