Acting US FDIC head cautiously optimistic about permissioned stablecoins for payments

[ad_1] Acting United States Federal Deposit Insurance Corporation chairman Martin Gruenberg spoke on Oct. 20 about possible applications of stablecoins and the FDIC’s approach to banks considering engaging in crypto-asset-related activities. Although he saw no evidence of their value, Gruenberg conceded that payment stablecoins merit further consideration. Gruenberg began his...
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FTX US Deal with Voyager Offers 72% Funds Recovery

[ad_1] According to court documents from this week, clients of the bankrupt crypto lender, Voyager Digital might have a chance to recover some of their funds. Under a preliminary deal with FTX US, a cryptocurrency exchange Cryptocurrency Exchange A cryptocurrency exchange is an online platform that supports the exchange...
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Bitcoin Price Action Falls Flat

[ad_1] In this episode of NewsBTC’s daily technical analysis videos, we are once again examining a possible expanded flat correction in Bitcoin. Once the correction has completed, the bull market could resume. Take a look at the video below: VIDEO: Bitcoin Price Analysis (BTCUSD): October 18, 2022 In addition to...
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Binance Starts CMC Cryptocurrency Index Series

[ad_1] Binance, one of the largest cryptocurrency exchanges in the world by market cap, announced on Monday that it had launched new series of cryptocurrency indices in cooperation with the popular crypto-tracking service CoinMarketCap. Take Advantage of the Biggest Financial Event in London. This year we have expanded to...
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Uniswap Sellers Stop But RSI Develops Bearish Divergence

[ad_1] Cryptocurrencies have been suffering higher volatility since the bear took control. For example, the fledgling crypto coin Bitcoin price plummeted to a low of $18,363 on Oct 13 and then reversed to $19,354 today. Unlike the other top coins creeping, Uniswap’s native token, UNI, marks higher gains. Although...
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Smart contract-enabled insurance holds promise, but can it be scaled?

[ad_1] A new insurance world is coming where smart contracts replace insurance documents, blockchain “oracles” supplant claim adjusters, and decentralized autonomous organizations (DAOs) take over traditional insurance carriers. Millions of poor farmers in Africa and Asia will be eligible for coverages like crop insurance too, whereas before, they were...
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