Roll up for Branded coins, Roll on the Robot Overlords - or Just Roll Your Own
Welcome to the CoinDesk Weekly Review 24th January 2014 - a regular look at the hottest, most controversial and thought-provoking events in the world of digital currency through the eyes of skepticism and wonder. Your host ... John Law. Brand-new brand news. How many currencies are there? That's an unanswerable question. If you define currency as nation-state backed traditional notes-and-coins currency, then there are around 170, lightly fewer than the 190-odd countries in the world. If you mean tokens of value, then who knows - you can count anything from Costa Coffee loyalty card stamps....
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Personal token platform Roll is announcing the raise of $1 million from Fabric Ventures, IOSG, William Mougayar and others.
The top U.S. banking regulator is concerned that the Biden administration may roll back some cryptocurrency regulations aimed at protecting consumers. This includes allowing national banks to custody crypto assets put in place during the Trump administration. Biden Administration Could Change US Crypto Regulations Acting Comptroller of the Currency, Brian Brooks, shared several concerns regarding cryptocurrency regulations in an interview with CNBC last week. Brooks is the administrator of the federal banking system and chief officer of the Office of the Comptroller of the Currency (OCC).....
Popular crypto data provider Messari has predicted that roll-ups will beat out Layer 1 alternatives as the dominant scaling solution amid Eth2’s multi-year incubation. Crypto data aggregator Messari believes that roll-ups will beat out Layer 1 solutions in the race to scale Ethereum.Although Eth2’s beacon chain genesis successfully took place on Dec. 1, analysts predict the upgrades spanning the Ethereum 2.0 overhaul will not be completed until 2022. As such, Messari recently asserted the wait for Eth2’s completion “leaves an opportunity for other low-fee, low-latency competitors to eat....
Amazon is reportedly planning to accept bitcoin for payments, after which the company will roll out support for other major cryptocurrencies. “The directive is coming from the very top … Jeff Bezos himself.” Amazon’s Crypto Project ‘Ready to Roll’ Following the news of Amazon seeking to hire a digital currency and blockchain lead, City A.M. publication reported that the company actually has plans to accept bitcoin and other popular cryptocurrencies. Citing “an insider” at the company, the news outlet reported that Amazon is looking to accept....
Tether Operations, the issuer of the world’s biggest dollar-pegged stablecoin, will launch a new token backed by the British Pound Sterling this coming July, The development follows Tether’s recent roll-out of MXNT, a crypto asset pegged to the Mexican peso. According to a corporate statement released on Thursday, the stablecoin (GBPT) would first be supported on the […]