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“# State Bank of India joins JPMorgan’s blockchain payments network ” The State Bank of India, or SBI, a major Indian government-owned bank, is looking to improve cross-border payments with a blockchain solution by American investment bank JPMorgan Chase. According to a Feb. 23 report by The Economic Times, the SBI has joined Liink, a…
“# Bill Gates warns Bitcoin buyers: If you have less money than Elon Musk — watch out ” Microsoft founder Bill Gates has issued a warning to would-be Bitcoin (BTC) buyers looking to follow Elon Musk’s investment strategy. Speaking to Bloomberg’s Emily Chang, Gates suggested Musk had access to sophisticated trade management techniques that the…
“# Solana-powered AMM Raydium proposes SushiSwap integration to reduce fees ” Major decentralized exchange SushiSwap is the latest to consider action to mitigate Ethereum’s extreme transaction fees, and it involves a potential port to the Solana blockchain. A proposal, which was posted to the SushiSwap forum on Feb. 22 under the codename ‘Bonsai,’ suggests building out…
“# $24 million lost in second-largest day of DeFi liquidations ” The Feb. 22 crypto crash has sparked the second-largest volume of DeFi liquidations in the sector’s history, with more than $24.1 million worth of loans being forcefully closed within 24 hours. According to crypto data aggregator DeBank, $13.7 million, or nearly 60% of the…
“#Chinese spyware code was copied from America’s NSA: researchers” WASHINGTON – Chinese spies used code first developed by the US National Security Agency to support their hacking operations, Israeli researchers said on Monday, another indication of how malicious software developed by governments can boomerang against their creators. Tel Aviv-based Check Point Software Technologies issued a…
“# Soccer fan tokens on the march as Poland’s biggest club adopts crypto ” The spread of blockchain-based soccer fan tokens across Europe continued on Feb. 22, as Poland’s most successful soccer club partnered with sports fintech firm, Chiliz. Legia Warsaw, which holds the record for the most number of Polish league championship wins, will…
“# Banks will be required to work with crypto, e-money and CBDCs to survive ” Image a scenario where you need different messengers to send different types of messages — for example, WhatsApp for text messages, Viber for audio, Telegram for video, etc. Rather inconvenient, right? But this is exactly what happens in finance: There…
“# The staking race: Late entrant Ethereum lags behind rivals with Eth2 ” Despite epic price rises since the start of the year and the fact that it’s the second-biggest cryptocurrency by total market capitalization, Eth2 lags behind competitors in the staking rankings. So, why isn’t Ether (ETH) the number one staking cryptocurrency? A brief…
“# Blockchain tech will bridge the gap between DApps and enterprises ” Blockchain technology is revolutionizing the way we interact, transact and share information, with many experts predicting it will be the most disruptive technology in the next decade. After little structural innovation since the 19th and 20th centuries, decentralization has brought industries such as…
“# Bitcoin skeptic debates Bloomberg analyst in latest Cointelegraph Crypto Duel ” In a recent video debate, Bitcoin skeptic Frances Coppola debated Bloomberg senior commodity strategist Mike McGlone on the economics of Bitcoin, market manipulation and predictions for 2021. Coppola is skeptical that Bitcoin will ever succeed as a store of value because of its…