Within the next five years, everything you know about consumer banking will change. “It will all be digitalized, and fiat currencies will be digitalized,” said Optherium Labs CEO Serge Beck, adding that financial services will be all about the digital dollar in a wallet that is...
Will Twitter integrate the bitcoin layer 2 payments protocol Lightning Network? CEO and Founder Jack Dorsey seemed to indicate as much on the social media platform this week, CoinDesk reported on Friday (June 11). Soon after Dorsey tweeted his appreciation for Sphinx Chat, a messaging...
Deborah Bussière has been appointed to serve as the inaugural chief marketing officer (CMO) of Grayscale Investments LLC, The Wall Street Journal reported on Thursday (June 10). Bussière worked as the global chief marketing officer at Broadridge Financial Solutions Inc. in the past. Grayscale had $53...
Ripple is proposing Federated Sidechains for the XRP Ledger as a way to balance the needs of user requests for smart contract features with the blockchain company’s desire to keep the XRP Ledger lean, according to a post from Ripple. Ripple CTO David Schwartz said in...
Decentralized finance remains both cutting-edge, and perhaps a bit of a mystery. But in recent years, the realities – and opportunities – of DeFi (as it’s known for short) are becoming clearer. As Denelle Dixon, CEO and executive director of the Stellar Development Foundation, told...
Twitter and Square CEO Jack Dorsey has come out in favor of bitcoin, saying Square would always work to boost the cryptocurrency, Bloomberg says. Dorsey said bitcoin “changes everything for the better.” He made the tweet in what seemed to be a response to a...
Argentinian tax authorities are looking at scrutinizing operations involving cryptocurrency, Cointelegraph writes. Argentina’s Federal Administration of Public Income (AFIP) has told domestic crypto exchanges to put out monthly reports on the way users are using their platforms. The authority wants local crypto firms to keep up...
Bitcoin tumbled some 15 percent on news that Elon Musk will no longer take the cryptocurrency for Tesla payments due to environmental concerns, CNBC and other news outlets reported. The entire cryptocurrency market lost more than $365 billion after the Tesla CEO tweeted that the...
Tesla no longer will accept Bitcoin payments for cars, company founder and cryptocurrency cheerleader Elon Musk announced on Twitter Monday (May 12). Bitcoin’s value on the Coinbase exchange fell sharply in the immediate aftermath of Musk’s tweet, dropping to $46,033 per Bitcoin from $54,605 in...
