Fed Governor Bowman Says U.S. CBDC May Pose ‘Significant Risk’
Governor Michelle Bowman suggests other payments services, including FedNow, may do a CBDC’s job better, and she’s also suspicious of the dangers of stablecoins.
Financial
Scroll Confirms Mainnet Live, as Co-Founder Predicts Speed Gains Over Ethereum
Blockchain veri showed that Scroll’s smart contract was deployed on Oct. 8, but the team held off making its official announcement until this week.
SBF Trial: For Once, Bankman-Fried’s Lawyer Lands a Punch
Under questioning from defense attorney Mark Cohen, a former FTX exec and government witness admitted to some hazy memories.
Bitcoin Magazine Owner Backs First Ordinals Fund, Which Bought $85K Rock
The “Unbroken Chain” fund, as it is known, plans to raise $5 million from its limited partners and will trade in various Ordinals types, including BRC-20 tokens – sometimes positioned as NFTs on Bitcoin. Already the new group has bought an image of a rock for about $85,000.
Web3-Powered File Management App Raises $1.5M to Offer Alternative to Google
Fileverse offers a decentralized file management and collaboration service, an alternative to centralized providers such as Google or Notion.
The Sam Bankman-Fried Trial Is Revealing Crypto’s Amateur-Hour Ways
Audit-schmaudit.
BitGo Buys Crypto Wealth Management Platform HeightZero
Financial details of the deal were not revealed.
Binance.US Halts Direct Dollar Withdrawals
U.S. dollar deposits in user wallets are no longer eligible for FDIC insurance protection, according to the updated terms of use.
First Mover Americas: FTX Proposes Returning Up to 90% of Customer Funds
The latest price moves in crypto markets in context for Oct. 17, 2023.
Pennsylvania Lawmaker Scraps Crypto Mining Ban to Advance Energy Conservation Bill
The state’s Environmental Resources and Energy Committee accepted the amended bill on Monday by a slim margin.