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Stablecoins ‘Pose Serious Risks’ to Financial Security, ECB’s Lagarde Says

Stablecoins ‘Pose Serious Risks’ to Financial Security, ECB’s Lagarde Says

Stablecoins could “threaten financial security” if widely adopted, the ECB head said in a magazine interview.

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Coinbase outlines plan for Eth2 ahead of Tuesday’s launch, including staking support

Coinbase said Monday that it will begin offering services for Eth2 in “early 2021.”

The post Coinbase outlines plan for Eth2 ahead of Tuesday’s launch, including staking support appeared first on The Block.

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Bitcoin Hits a New All-Time High: What Happens Next?

Why a price surge is not only attracting a new cadre of institutional investors, but also producing the beginnings of a new set of FUD.

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Russia’s Sberbank gears up to establish platform for buying ‘digital financial assets’: report

Russia’s largest state-owned bank, Sberbank, is reportedly set to launch a platform allowing users to purchase digital financial assets.

The post Russia’s Sberbank gears up to establish platform for buying ‘digital financial assets’: report appeared first on The Block.

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US Justice Department Extradites Alleged Co-Founder of Crypto Ponzi Scheme From Panama

The accused, Gutemberg Dos Santos, has been charged in an indictment and was extradited from Panama on Nov. 25.

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Canaan Reports $12M Q3 Loss, Says There’s ‘Rebounding Demand’ for Mining Machines

Mining hardware manufacturer Canaan Creative reported a Q3 net loss of $12.7 million, or 54 cents per share, more than quadruple the size of Q2’s $2.38 million loss, or 10 cents per share.

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Bitcoin soars to all-time highs on several exchanges as gold, equities take a beating

Bitcoin bucked sluggish activity across broader markets, hitting all-time highs on several cryptocurrency exchanges during the course of Monday morning’s trade. 

The post Bitcoin soars to all-time highs on several exchanges as gold, equities take a beating appeared first on The Block.

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Blockchain Bites: Bitcoin All-Time High Puts It on Pace for Highest Monthly Close

PLUS: Anonymous developers have forked a seemingly dead project to launch DeFi’s latest stablecoin.

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ECB’s Lagarde strikes bullish tone on digital euro, says stablecoins ‘pose serious risks’

Stablecoins “pose serious risks” according to Christine Lagarde, the head of the European Central Bank, while the digital euro could strengthen the region’s “monetary sovereignty.”

The post ECB’s Lagarde strikes bullish tone on digital euro, says stablecoins ‘pose serious risks’ appeared first on The Block.

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Investment Giant AllianceBernstein Now Says Bitcoin Has Role in Investors’ Portfolios

The research arm of the New York-based asset manager now recommends bitcoin as part of an investment portfolio.

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