Bitcoin got another bashing from the Sage of Omaha. Warren Buffet told reporters at Berkshire Hathaway’s annual meeting in Omaha, Nebraska that he still couldn’t support bitcoin. “It’s a gambling device……
Tag: financial technology
Arca Funds Files With SEC to Issue Stablecoin-Like Digitized Shares on ETH Blockchain
Arca Funds, an American institutional-grade investment manager, is seeking regulatory approval to issue digitized securities on blockchain, according to a filing document released on April 12. The company has filed with the United States Securities and Exchange Commission…
BITCOIN FEVER DRIVEN BY STOCKS ‘PESSIMISM’ AS GLOBAL DEBT HITS $243 TRILLION
The global debt has reached the astronomic amount of USD 243 trillion. And now the stock market is becoming gloomier. Against this background, some investors and financial specialists are…
Lightning Offers Growth Path for Emerging-Market Crypto Exchanges
While leading cryptocurrency exchanges like Coinbase and Binance feverishly add new tokens, smaller exchanges serving emerging markets are pivoting toward retail applications of the lightning network’s bitcoin scaling solution….
CFTC Technology Advisory Committee Discusses Crypto Regulation and DLT Adoption
The Technology Advisory Committee of the United States Commodity Futures Trading Commission (CFTC) discussed crypto regulation and distributed ledger technology (DLT) adoption during a meeting on Wednesday, March 27. The committee discussed various…
Wine, Mountains, and Mining Rigs: Georgia as a Crypto Powerhouse
The former Soviet republic of Georgia, which occupies picturesque mountain valleys and rugged ridges of the Southern Caucasus, has roughly the same population as the state of Connecticut. It…
The Lightning Torch: How the Community United to Teach Jack Dorsey About Feeless, Rapid Off-Chain Transactions
Over the last few weeks, Bitcoin’s (BTC) second-layer scaling protocol, called the Lightning Network (LN), has gained a lot of traction, steadily proving to become a viable solution to BTC’s infamous scalability…
Leading Social Platform eToro Acquires Smart Contract Development Company Firmo
Exchange and social network for investors and traders eToro announced that it has acquired smart contracts development company Firmo for an undisclosed amount. The acquisition was reported in a press release published on March 25. Co-founder and CEO…
Bitmain IPO Filing Set to Imminently Expire in Absence of HKEx Committee Hearing
Chinese crypto mining giant Bitmain’s filing to list its initial public offering (IPO) on the Hong KongStock Exchange (HKEx) will seemingly reach the end of its six-month expiration window today, as…
Lightning Labs Releases Alpha Version of Lightning Offramp Solution Lightning Loop
Blockchain development company Lightning Labs has announced the initial release of the Lightning Network offramp Lightning Loop in a post on its blog published on March 20. Per the announcement, the software provides a non-custodial way…
