In a recent broadcast on CNBC's Squawk Box, David Marcus, former PayPal President and current CEO of the innovative Lightning Network infrastructure company Lightspark, unveiled a new vision for bitcoin. This vision transcends its current status as a digital store of value, charting a course to redefine the financial ecosystem on a global scale.
During the interview, Marcus highlighted bitcoin's remarkable journey over the past decade. What ...
Prediction: After a rough start, Grayscale’s spot bitcoin ETF review will be approved sooner rather than later.
Europe’s introduction last month of its first spot Bitcoin
BTC
exchange-traded fund from Jacobi Asset Management, listed on Euronext Amsterdam, sets the table for the Securities and Exchange Commission to allow for the Grayscale Bitcoin Trust (GBTC) to be converted from an open-end fund (that is not in the market to buy more bit...
The commercial real estate industry is still grappling with the pandemic’s longest-lingering ghosts: empty offices.
Post-pandemic, many offices now have vacant chairs last used after the first wave of “work from home.” Toronto records one of the worst commercial real estate situations, with office occupancy rates hitting almost 40%, Bloomberg reported. Cost-weary businesses that are not locked into their leases opted not to renew. In 2026, wh...
A few weeks ago, I testified before the U.S. House of Representatives on the implications of the United States launching a central bank digital currency. The hearing was pretty standard, but there was one exchange with Rep. Bill Foster (D-IL) that resonates even more now that Senator Elizabeth Warren (D-MA) is escalating her crypto crime campaign.
During the hearing, I responded to one of Foster’s questions by saying that I do believe people...
Bitcoin, ethereum, XRP and other major cryptocurrencies have rocketed higher this week—with U.S. president Joe Biden potentially set to shake up the market next week.
Subscribe now to Forbes' CryptoAsset & Blockchain Advisor and successfully navigate the bitcoin and crypto market rollercoaster ahead of next year's historical bitcoin halving!
The bitcoin price has doubled over the last 12 months, staging a huge recovery following the impl...
Crypto mining stocks rallied on Tuesday as President Joe Biden apparently agreed to withdraw his planned 30% tax on electricity used by the companies.
“The current debt proposal does not include a digital asset mining energy tax,” Rep. Warren Davidson (R-Ohio) told Forbes in a written statement. “We’ve spoken out to oppose this tax and I see this as a significant victory.”
Riot Platforms led gainers among the major mining stocks, rising 10%...
Almost midway through 2023, markets have bounced back from a lousy 2022 more robustly than many investors inspected, but fears of a recession haven’t faded completely. More than 30 influential investors and business leaders converged on Pier Sixty in Manhattan for the second annual Forbes Iconoclast Summit on Monday to break down how they’re positioning their portfolios and steering their companies and clients through the delicate environme...
Stablecoins are digital payment tokens designed to maintain a constant value against one or more specified fiat currencies. These tokens serve as a trusted medium of exchange, facilitating innovation and enabling the seamless purchase and sale of digital assets on-chain. The value stability of stablecoins is crucial for their widespread adoption and utility in various financial transactions.
Stablecoins have gained significant attention in t...
A traditional Ethereum
ETH
wallet is called an Externally Owned Account (EOA) and it is what you use with MetaMask for example. As a result, your Ethereum account is uniquely derived from the cryptographic key pair that signs on its behalf.
Account Abstraction (AA) is the process of separating signing keys from the accounts for which they sign. Developers can use this separation to shape their UX and abstract technical details from the...
Last week, the International Monetary Fund and the Financial Stability Board published a joint report advising against implementing blanket bans on crypto-asset activities. Instead, they recommend comprehensive regulations and targeted restrictions to mitigate the associated risks. The news comes at a time when crypto is making significant regulatory strides, including a recent court victory for Grayscale vs. the Securities and Exchange Commi...
