# Let’s be clear: Blockchain technology is infrastructure

# Let’s be clear: Blockchain technology is infrastructure

“# Let’s be clear: Blockchain technology is infrastructure ” In recent weeks, the blockchain industry made headlines as it engaged in intense discussions with lawmakers after a $28 billion crypto tax reporting proposal unexpectedly became part of the Bipartisan Infrastructure Deal (BID). Ultimately, the BID language was unchanged, leaving uncertainty for the companies that build on…

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# FTX’s Bankman-Fried remains cautious about nascent NFT space

# FTX’s Bankman-Fried remains cautious about nascent NFT space

“# FTX’s Bankman-Fried remains cautious about nascent NFT space ” In an interview with CNBC’s Street Signs Asia released Tuesday, Sam Bankman-Fried expressed optimistic caution surrounding the pace of nonfungible tokens’ (NFT) growth over the last year, warning investors that they could become vulnerable to the volatile market dynamics if improperly educated in the space….

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# Bitcoin transactions stay low despite price rally: Data

# Bitcoin transactions stay low despite price rally: Data

“# Bitcoin transactions stay low despite price rally: Data ” Despite Bitcoin (BTC) price growing 45% over the past 30 days, cryptocurrency investors are not moving their holdings, according to new data. Blockchain analytics provider Glassnode released its new “The Week On Chain” report on Monday, noting that Bitcoin has continued rallying to new multi-month highs…

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# Monero price rises 20% after Atomic Swap implementation

# Monero price rises 20% after Atomic Swap implementation

“# Monero price rises 20% after Atomic Swap implementation ” Monero (XMR), the largest privacy-focused cryptocurrency by market capitalization, has posted a 20% price surge following the launch of the Atomic Swap implementation program last week. On Friday, the Monero Project officially announced a rollout of the Atomic Swap implementation developed by the cross-blockchain protocol COMIT,…

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# USDC to consolidate reserves into cash and US treasuries

# USDC to consolidate reserves into cash and US treasuries

“# USDC to consolidate reserves into cash and US treasuries ” Coinbase president and COO, Emilie Choi, has announced that the reserves backing the stablecoin USD Coin (USDC) will be consolidated into cash and U.S. government treasuries. An Aug. 22 blog post from CENTRE Consortium, the entity that was collaboratively established by top U.S. crypto…

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# This time it’s different: When DeFi meets NFTs

# This time it’s different: When DeFi meets NFTs

“# This time it’s different: When DeFi meets NFTs ” With decentralized finance and nonfungible tokens seeing a meteoric, rise it’s easy to believe crypto apps are finally breaking through. But is there actually real user growth, or is it just the same influencers moving from one hyped market to the next? We sought to…

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# 81% of finance execs say blockchain has gone mainstream: Survey

# 81% of finance execs say blockchain has gone mainstream: Survey

“# 81% of finance execs say blockchain has gone mainstream: Survey ” Blockchain, the underlying technology of cryptocurrencies like Bitcoin (BTC), has already gained mainstream popularity, according to global finance executives polled by Big Four auditing firm Deloitte. According to Deloitte’s 2021 Global Blockchain Survey, 81% of the financial services industry (FSI) executives believe that…

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