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Fed’s Quantitative Easing Strategy Holds Long-Term Benefits for Crypto

Source Node: https://cointelegraph.com/news/feds-quantitative-easing-strategy-holds-long-term-benefits-for-crypto
Time Stamp: April 1, 2020 11:30 AM - Modified On: August 29, 2021 - Published By:
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Republished By Plato

These are perilous times, and it hasn’t escaped anyone’s notice that the United States Federal Reserve is doing its part to alleviate the suffering — which began with the coronavirus pandemic and has spread to the global economy. It’s printing more money. “There is an infinite amount of cash at the Federal Reserve,” Neel Kashkari, the president of the Federal Reserve Bank of Minneapolis, told Scott Pelley of CBS on March 22, adding: “We will do whatever we need to do to make sure there is enough cash in the financial

Berkeley Blockchain Xcelerator Director on What DLT Startups Need to Succeed

Source Node: https://cointelegraph.com/news/berkeley-blockchain-xcelerator-director-on-what-dlt-startups-need-to-succeed
Time Stamp: April 1, 2020 9:28 AM - Modified On: August 29, 2021 - Published By:
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Republished By Plato

The Berkeley Blockchain Xcelerator — an incubator for early stage distributed ledger technology startups at the University of California, Berkeley — recently launched its spring cohort, which includes startups seeking to fight COVID-19, launch a cannabis-themed massively multiplayer online game and create a reverse auction platform for loans.Cointelegraph spoke to Jocelyn Weber, the director of the Xcelerator, to find out more about the resources the program offers to startups, success stories from previous cohorts and advice for startups looking to launch in the crypto space.Cointelegraph: Could you give an overview

Bitcoin Codebase Preserved for 1,000 Years in Archive Under Arctic Ice

Source Node: https://cointelegraph.com/news/bitcoin-codebase-preserved-for-1-000-years-in-archive-under-arctic-ice
Time Stamp: April 1, 2020 6:55 AM - Modified On: August 29, 2021 - Published By:
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Republished By Plato

A snapshot of the Bitcoin codebase will be encoded onto film reels and stored for a thousand years under the arctic ice in Svalbard, Norway. The move is part of the GitHub Archive Program, with a mission to preserve open-source software, for future generations to learn about the culture of today.GitHub has partnered with institutions such as the Software Heritage Foundation, Arctic World Archive, and Oxford University’s Bodleian Library to ensure the long-term preservation of code, which could otherwise be abandoned, forgotten or lost.With the ephemeral nature of much of

Huobi Wallet and Crypto Lender Cred Now Enable Users to Earn Interest

Source Node: https://cointelegraph.com/news/huobi-wallet-and-crypto-lender-cred-now-enable-users-to-earn-interest
Time Stamp: April 1, 2020 6:07 AM - Modified On: August 29, 2021 - Published By:
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Republished By Plato

Major cryptocurrency exchange and wallet provider Huobi has partnered with decentralized crypto lending platform Cred to enable users to earn interest on their holdings.An announcement on April 1 revealed that Cred’s lending and borrowing services will be fully integrated into the Huobi Wallet, which supports over 1,000 crypto assets, including 8 stablecoins, for users across 200 countries and regions.The two firms did not provide a comprehensive list of supported crypto assets, but noted that Bitcoin (BTC), Ether (ETH) and stablecoins such as Universal Dollar (UPUSD) would be part of the

Strict Japanese Crypto Laws Discourage Foreign Exchanges … For Now

Source Node: https://cointelegraph.com/news/strict-japanese-crypto-laws-discourage-foreign-exchanges-for-now
Time Stamp: April 1, 2020 12:25 AM - Modified On: August 29, 2021 - Published By:
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[vc_row disable_element="yes"][vc_column][vc_column_text] A new report has found strict regulations are discouraging overseas exchanges from opening in Japan, but would likely benefit new players in the long term. Double jump.tokyo, the game developer behind My Crypto Heroes, commissioned a research team at So & Sato Law Offices to carry out a comprehensive report on digital assets in Japan. Released on March 31, the report covers all aspects of digital assets in the Asian nation, from tokenized securities to crypto derivatives. Entering the crypto market under strict regulations Joerg Schmidt and So