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Crypto News
Coinbase’s Much-Hyped New Base Blockchain Draws Modest $10M of Inflows on Launch Day
However, nearly $166 million had already flowed to the blockchain ahead of the official launch.
After Co-Founding Salesforce’s Web3 Studio, Mathew Sweezey Is Bullish on Smart Tokens
The former Salesforce executive who entered Web3 during the NFT boom of 2021 sees smart tokens, aka the ERC-5169 token standard, as a gateway for companies to create new digital ownership opportunities.
ChatGPT-Based Search Function Goes Live on Blockchain Encyclopedia IQ.wiki
IQ GPT will help fight misinformation in the crypto space and onboard new users.
Barbie Is a Metaverse
Virtual worlds, like Barbie’s, are a source of meaning and fulfillment for people seeking more in life. And these worlds gain from interactions: the more interoperability, the better.
PayPal’s Stablecoin Is a Watershed Moment for Finance
Until now, most of crypto’s big innovations have been for crypto-natives. PayPal’s stablecoin is different, says Austin Campbell, the former head of Portfolio Management at Paxos.
Bank of England Wants Digital Pound Advisers as It Moves to CBDC Design Phase
The Bank of England has also started recruiting for its central bank digital currency engagement forum.
Congresswoman Maxine Waters Says She’s ‘Deeply Concerned’ About PayPal’s New Stablecoin
The top Democrat on the House Financial Service Committee criticized PayPal’s plans in a statement on Wednesday.
PayPal’s Real Stablecoin Strategy: It Wants to Earn Interest on Your Deposits
High U.S. Treasury interest rates are a powerful short-term motivator. Everything else is theory.
As Curve Averts DeFi Death Spiral, Fiasco Exposes Serious Risks
Curve, a leading decentralized exchange on Ethereum, was hacked for $70 million in July. Questions continue to linger around the platform's long-term viability and potential contagion risk.