CoinQue Chronicles
Crypto Market News At a Glance:
Weekly round-up of the most exciting pieces of news from the ??cryptocurrency??, ??blockchain??, and ??Web 3.0?? space ??
U.S. Is 'Losing' the Bitcoin Movement: Cathie Wood
Cathie Wood, founder of investment manager ARK Invest, has said the U.S. is 'losing' the bitcoin movement owing to its regulatory system. Wood also described how the center of gravity of cryptocurrency is moving away from the U.S, using the example of crypto exchange Coinbase (COIN) receiving licensing to operate in Bermuda while also looking to expand its presence in Singapore. Read more
Coinbase Unveils New Wallet as a Service on Ethereum
Coinbase has launched a new Web3 wallet solution dubbed “Wallet as a Service” (WaaS) on the Ethereum mainnet. The new service, a version of the crypto firm’s cloud product, went live on May 23 and utilizes a multi-party computation (MPC). WaaS (Wallet as a Service) reportedly employs cutting-edge multi-party computing (MPC) technology to safeguard the private keys of its users. Read more
Michael Saylor Says ‘All Big Banks’ Will One Day Custody Bitcoin
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As Bitcoin (BTC) becomes increasingly popular among investors around the world, MicroStrategy co-founder and executive chairman Michael Saylor has pointed out the problems with self-custody and expressed his belief that there will come a time when all the major banks will offer Bitcoin custody services.
Crypto Industry Faces Apple And Google As Major Threats, Ex-Coinbase CTO Warns
According to Balaji Srinivasan, the former chief technology officer of cryptocurrency exchange Coinbase, bankrupt governments may attempt to seize a portion of people’s bitcoin if having adequate crypto turns into the most essential debate in the next few years.Srinivasan has voiced alarm over the dangers that large technology companies represent to the cryptocurrency market.? Read more
Musk Reveals Surprising Stuff on AI, DOGE, China, Twitter, & Space
Artificial intelligence (AI) is one of the most powerful and useful technologies of our time. By now, almost everyone has heard about the “crazy” things that new AI tools like ChatGPT and Midjourney (among others) can do. In the interview, Musk mentioned that a possible way to achieve world peace is to take away all the weapons from humans so they can no longer use them. Read more
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