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AMA RECAP: Umbrella Network Interview

On Wednesday we interviewed Umbrella Network’s Founding Partner Sam Kim. Kim explained the utility use cases for UMB, and how the project seeks to become a cross-chain oracle solution as well as how they will achieve this long-term goal. Umbrella Network also gave away $500 in USDT to five Bitsquad members who asked the best… Read More

Crypto.com Pilots Test Of USDC Settlement With Payment Giant VISA

Visa stated it will allow the use of the USDC stablecoin to settle transactions on its payment network. Visa has launched a pilot program with payment and crypto platform Crypto.com and plans to offer the option to more partners later this year, the company said. The USD Coin (USDC) is a stablecoin cryptocurrency which value… Read More

OKEx Cryptocurrency Exchange To Shut Down After Regulations In South Korea

OKEx cryptocurrency exchange is set to shut down as South Korea passes a new law making order book sharing illegal between exchanges. OKEx Korea released a statement in Korean stating customers must withdraw their fiat and crypto funds before Apr. 7th, at which time the exchange will shut down permanently and be unable to fulfill… Read More

Deutsche Bank Calls Bitcoin “Too Important To Ignore” Now Third Largest Currency

Deutsche Bank has released a document entitled “Bitcoins: Can the Tinkerbell Effect Become a Self-Fulfilling Prophecy?” part of a three-part series of “The Future of Payments: Series 2.” Deutsche Bank’s research analyst states that BTC is “too important to ignore.” In a Tweet on Mar. 19th, the bank highlighted the report noting that Bitcoin was… Read More

AMA RECAP: Interview With HowDoo

Earlier this week, this author interviewed the HowDoo team to discuss what’s coming to their blockchain including — farming, staking, and NFTs. The CEO of Hyprr David Brierley a dapp built on HowDoo’s blockchain further chimed in with updates on the long-awaited social media application. Both teams expressed that there was a lot in the… Read More

Jerome Powell: “A Digital Dollar And Physical Cash Must Co-Exist”

Jerome Powell has stated that a central bank digital currency (CBDC) won’t remove the need for physical cash in the near future. Instead, a digital U.S. dollar would work in tandem with the physical fiat version. Powell repeated a key point made in a recent Bank for International Settlements report the Fed contributed to, stating,… Read More

Another Facebook Digital Currency Diem Co-Founder Leaves Project

Kevin Weil, a Facebook executive and a leader of Diem, the company’s digital currency initiative, announced he was leaving the project. The announcement seems to be another hindrance for Facebook’s crypto project, which the company has had postponed due to regulatory concerns. Weil one of the co-founders of the digital currency project Diem that was… Read More

VISA CEO Al Kelly States Cryptocurrencies Could Become “Extremely Mainstream” In A Podcast

During a podcast with Fortune CEO Alan Murray on the “Leadership Next” show on Spotify, VISA CEO Al Kelly stated that cryptocurrencies could become “extremely mainstream” in five years. While Kelly doesn’t rule out that crypto could end up being a “fad,” Kelly stated that VISA wants to make sure that the global digital payments… Read More

Mike Novogratz: Bitcoin Will Become A Report Card For The Government

Galaxy Digital CEO Mike Novogratz has said that Bitcoin will become a “report card” to gauge how well a government is doing with its fiscal policy. Novogratz made the comments during an interview with CNBC’s Squawk Box, stating that “Bitcoin will become a report card for how citizens think the government is doing managing their… Read More

Bloomberg Terminal Adds Cardano Amid Talks Gray Scale Trust Setup A Cardano Skeleton Fund

Bloomberg Terminal has added Cardano (ADA) to its list of supported assets, exposing it to hundreds of thousands of institutional investors amid rumors that Grayscale Trust is about to add Cardano to its investment portfolio. Grayscale Trust an asset manager that currently holds the most Bitcoin, recently, filed and announced its exploration of at least… Read More

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