Senate panel questions crypto’s financial inclusion powers, calls for more regulatory clarity

The Senate Banking Committee continued its probe of blockchain technology on Tuesday in a hearing on crypto regulation that quickly focused on Facebook’s impending Libra cryptocurrency. Panelists and Senators alike expressed skepticism about crypto’s ability to broaden access to global financial services while expressing further doubt about Libra’s purported goal Read more…

Seagate Shares Rise After Reports Emerge of Ripple Ownership And Its Blockchain Project Moving To Crucial Stage

On Monday, Seagate shares soared after a report emerged indicating the technology company owns a sizeable part of crypto-based firm Ripple. According to the report Seagate owns approximately 4% of Ripple. According to CNBC neither Ripple or Seagate could confirm the revelations. Following the revelations, Seagate’s shares rose by a Read more…

Analysis: Coinbase Earn’s DAI campaign drove over 14,000 CDP creations; paying out $200k in rewards

Coinbase Earn was introduced in 2018 as a product that enables cryptocurrency issuers to reward Coinbase users with cryptocurrencies for performing educational tasks like learning how a protocol works or interacting with a blockchain. Since its launch, Coinbase Earn has run six campaigns, the most recent involving Ethereum-based stablecoin, DAI. Read more…

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