A new report produced by leading digital currency exchange Coinbase suggests over 52 percent of Fortune 500 companies are exploring blockchain technology. They’re also looking at crypto and web3. Coinbase Believes Blockchain Innovation is Growing The blockchain industry has walked a long route in a particularly short period. For example, the bitcoin blockchain – which was first introduced in a whitepaper on Halloween of 2008 – didn’t see mining action until early...
Read More »Ripple-backed XRP Price Struggles to Rally towards $1 despite Regulatory Clarity
CoinspeakerRipple-backed XRP Price Struggles to Rally towards $1 despite Regulatory Clarity The XRP market is heavily bolstered by the adoption of Ripple payment products including On-Demand Liquidity (ODL) and RipppeNet. Ripple-backed XRP Price Struggles to Rally towards $1 despite Regulatory Clarity
Read More »Moody’s Reduces Ratings of Several US Banks and Puts More Under Review for Potential Downgrades
CoinspeakerMoody’s Reduces Ratings of Several US Banks and Puts More Under Review for Potential Downgrades Moody's is watching the banking sector and has already cut its ratings on several institutions because of ongoing economic headwinds. Moody’s Reduces Ratings of Several US Banks and Puts More Under Review for Potential Downgrades
Read More »Brazil Gives Name and Logo to Its Central Bank Digital Currency (CBDC) – DREX
CoinspeakerBrazil Gives Name and Logo to Its Central Bank Digital Currency (CBDC) – DREX The DREX CBDC will utilize distributed ledger technology (DLT) for settling wholesale interbank transactions, and retail access will rely on tokenized bank deposits. Brazil Gives Name and Logo to Its Central Bank Digital Currency (CBDC) – DREX
Read More »Binance Traded USDC In for BTC and ETH Following Silvergate Collapse
CoinspeakerBinance Traded USDC In for BTC and ETH Following Silvergate Collapse The exchange’s USDC balance was reduced from $3.4 billion on March 1 to $23.9 million by May 1. Binance Traded USDC In for BTC and ETH Following Silvergate Collapse
Read More »Redefine Blockchain Mixes with Safe to Enhance Transaction Security
Blockchain security firm Redefine has joined hands with digital currency management platform Safe. The goal is to integrate the former’s platform De Fire Wall software into Safe’s infrastructure to ensure Safe can properly check each transaction and prevent any sort of illicit activity or fraud. Redefine and Safe: A Perfect Match? Safe has been garnering a lot of traction lately amongst web3 startups. The company has become the official asset holder for several of...
Read More »Singapore Grants Blockchain.com Major Payment Institution License
CoinspeakerSingapore Grants Blockchain.com Major Payment Institution License The new MPI license makes it possible for Blockchain.com to offer regulated digital payment token services to institutions and accredited investors. Singapore Grants Blockchain.com Major Payment Institution License
Read More »OpenAI Rolls Out GPTBot for Enhanced Web Crawling
CoinspeakerOpenAI Rolls Out GPTBot for Enhanced Web Crawling The launch of GPTBot comes a few weeks after OpenAI filed a trademark application for "GPT-5". OpenAI Rolls Out GPTBot for Enhanced Web Crawling
Read More »Cathie Wood Anticipates Multiple Bitcoin ETF Approvals by SEC
CoinspeakerCathie Wood Anticipates Multiple Bitcoin ETF Approvals by SEC The approval of spot-Bitcoin ETF remains a hot issue of debate among investors, regulators, and financial institutions. Cathie Wood Anticipates Multiple Bitcoin ETF Approvals by SEC
Read More »SoftBank Announces Surprising Loss as Vision Fund Posts First Profit in Five Quarters
CoinspeakerSoftBank Announces Surprising Loss as Vision Fund Posts First Profit in Five Quarters The SoftBank loss surprised analysts who were expecting the company to report a gain, even though the company's investment arm is up. SoftBank Announces Surprising Loss as Vision Fund Posts First Profit in Five Quarters
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