News

Bitcoin’s Massive Swings Give Pause to CFOs Mulling Reserve Investment: Bloomberg

Wall Street chief financial officers (CFO) are more wary of putting company funds into bitcoin after last week’s 30% price plunge, Bloomberg reports. But given the return of bitcoin’s infamous price volatility – which saw the largest cryptocurrency’s price drop thousands below its peak of $41,900 set on Jan. – the attraction of that strategy...

An experiment in what school could be

For every school community that has lived through what is being referred to as an annus horribilis (2020), it’s not surprising that a technology-enabled future for learning is high on the education agenda. The conversation has shifted significantly, even in the most underserved spaces; educators, parents and leaders are contemplating how to build a flexible,...

Stephen Tse: Fixing Crypto’s Silos

It’s an established truth the cryptocurrency sector is more fragmented than shattered glass. Industry devotees have long made the most of working piecemeal, accepting ever-increasing fragmentation as the price of a decentralized financial system. But what advancements might we achieve if we could stop paying it?  At first glance, interoperability seems like a near-impossible goal....

Goldman Sachs to Enter Crypto Market ‘Soon’ With Custody Play: Source

U.S. banking powerhouse Goldman Sachs has issued a request for information (RFI) to explore digital asset custody, according to a source inside the bank. When asked about timing, the Goldman source said the bank’s custody plans would be “evident soon.” Goldman’s digital asset custody RFI was circulated to at least one well-known crypto custody player...

Museveni declared winner of disputed Uganda election

Uganda’s electoral commission has declared incumbent Yoweri Museveni the winner of the country’s presidential election, extending his 35-year rule as his main rival Bobi Wine alleged fraud and urged citizens to reject the result. Museveni secured 5.85-million votes, or 58.64%, of the total votes cast, while main opposition candidate Bobi Wine won 3.48-million votes or...

Market Wrap: Bitcoin Dips to $34.4K as Big-Name DeFi Tokens Trounce ETH

Bitcoin was slipping Friday on lower-than-average volumes for 2021 so far. In other news, while BTC and ETH are up this year, some DeFi tokens are doing even better. Bitcoin (BTC) trading around $35,610 as of 21:00 UTC (4 p.m. ET). Slipping 9.4% over the previous 24 hours. Bitcoin’s 24-hour range: $34,425-$39,673 (CoinDesk 20) BTC...
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