The Ethereum blockchain network looks to be suffering issues Friday morning, with knock-on effects at related service providers.
China Construction Bank will issue the debt securities over a blockchain, with trading to be available against bitcoin and U.S. dollars via an exchange partner.
Ethereum infrastructure provider Infura is currently facing a service outage, causing a delay in price feeds of ether (ETH) and ERC-20 tokens.
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Japanese gaming giant Capcom’s networks have reportedly come under attack, with criminals demanding a bitcoin ransom in exchange for not leaking confidential company information to the public.
Gary Gensler, who chaired the CFTC during the Obama administration, will lead the financial policy transition team for Joe Biden.
The post Joe Biden transition team adds former CFTC chair and crypto-focused academic Gary Gensler appeared first on The Block.
Quick Take
- Fiat Freeway is a weekly column providing the latest updates on central bank digital currencies (CBDCs) and stablecoins.
- Last week’s column focused on the European Central Bank’s increasing CBDC outreach efforts.
- This week’s journey takes us across the Atlantic to review a FEDS note on important themes from CBDC literature.
- Lastly, a compelling Twitter debate on the origin of CBDC ties it all together.
The deposit contract for Ethereum’s 2.0 upgrade now holds over 50k ETH – 10% of the threshold needed to activate the watershed update.
October’s growth is less than half of September’s 68,000 newly tokenized bitcoins.
Gary Gensler, Simon Johnson and Mehrsa Baradaran are among the policy experts versed in crypto and blockchain issues named to Biden’s transition team.
Bitcoin’s price takes a break while DeFi value locked is at record levels.