European Central Bank chooses Amazon and 4 other firms to prototype digital euro app

European Central Bank chooses Amazon and 4 other firms to prototype digital euro app

The European Central Bank, or ECB, has announced it will be collaborating with five companies for the development of potential digital euro user interfaces. In a Friday announcement, the ECB said it had chosen ‘Big Four’ tech company Amazon, fintech firm Nexi, Spanish digital bank CaixaBank, French payments platform Worldline,…

The biggest problem with DeFi isn’t what you think

The biggest problem with DeFi isn’t what you think

Cryptocurrency has converted another veteran of Wall Street after ex-Morgan Stanley executive Kevin Lepsoe launched a new platform for decentralized finance (DeFi). His new firm, Infinity Exchange, received a nice injection of seed funding in a bid to boost DeFi adoption among institutions. In his pledge to help build “DeFi…

Bitcoin exchange inflows see biggest one-day spike since March 2020

Bitcoin exchange inflows see biggest one-day spike since March 2020

Bitcoin (BTC) exchanges have seen huge volumes this month as price declines lead to renewed interest in trading. Data from sources including on-chain analytics firm Glassnode shows exchange inflows hitting their highest since March 2020. “The scent of volatility is in the air” On Sept. 14, over 236,000 BTC made…

Celsius requests permission to sell off its stablecoins

Celsius requests permission to sell off its stablecoins

Celsius Networks, a crypto lending company that had frozen the withdrawals in June and has been proceeding through Chapter 11 bankruptcy since July, asked the United States Bankruptcy Court for the Southern District of New York for permission to sell its stablecoin holdings. This should let the company generate liquidity…

Ethereum may now be more vulnerable to censorship — Blockchain analyst

Ethereum may now be more vulnerable to censorship — Blockchain analyst

Ethereum’s upgrade to proof-of-stake (PoS) may make it more vulnerable to government intervention and censorship, according to the lead investigator of Merkle Science.  Speaking to Cointelegraph following the Ethereum Merge, Coby Morgan, a former FBI analyst, and the Lead Investigator for crypto compliance and forensic firm Merkle Science expressed his…

Rumors of new Yuga Labs collection quashed, Budweiser celebrates the Merge and more…

Rumors of new Yuga Labs collection quashed, Budweiser celebrates the Merge and more…

Yuga Labs co-founder Greg Solana (Garga.eth) has shot down rumors that the Bored Ape Yacht Club (BAYC) creators have plans to launch a new NFT collection dubbed “Mecha Apes” by the end of the year. The rumors started swirling after Protos claimed to have obtained leaked documents detailing that Yuga…

WATCH: Ethereum Merge Sell The News Event | ETHUSD September 15, 2022

WATCH: Ethereum Merge Sell The News Event | ETHUSD September 15, 2022

In this episode of NewsBTC’s daily technical analysis videos, we examine the price action in Ethereum following the Merge upgrade in both the ETHUSD and ETHBTC trading pairs. Take a look at the video below: VIDEO: Ethereum Price Analysis (ETHUSD): September 15, 2022 Overnight last night, the Ethereum Merge upgrade occurred….

Zircon Finance launches mainnet to mitigate impermanent loss on Moonriver

Zircon Finance launches mainnet to mitigate impermanent loss on Moonriver

Zircon Finance, an automated market maker (AMM) and a decentralized exchange on Moonbeam, announced the launch of a mainnet network to address investor’s challenges related to impermanent loss in decentralized finance (DeFi). Impermanent loss relates to a condition wherein investors lose assets they hadpreviously dedicated to providing liquidity to a…

Merge is ‘a step in the right direction’ to address crypto’s energy usage — Rostin Behnam

Merge is ‘a step in the right direction’ to address crypto’s energy usage — Rostin Behnam

Rostin Behnam, chair of the United States Commodity Futures Trading Commission, or CFTC, said the Ethereum blockchain’s transition to proof-of-stake may help reduce crypto’s energy usage, but hinted legislation would likely still be needed to address the problem. Speaking at a Thursday hearing before the Senate Agriculture Committee, Behnam addressed…