Chia Network, the energy-efficient, blockchain and smart transaction platform created by BitTorrent founder Bram Cohen, is launching native, peer-to-peer exchange services for Chia wallet holders, the company said Tuesday. To support the product, called Offers, the company said that it was partnering with Stably to launch USDS on the Chia blockchain. USDS is the first […]

The Federal Reserve’s highly anticipated report on cryptocurrencies and central bank digital currencies (CBDCs) – initially slated to come out last September – will be released “within weeks,” Fed Chairman Jerome Powell told a U.S. Senate committee on Tuesday. Powell, who was nominated for a second term as Fed chairman by President Joe Biden, was […]

Federal Reserve Chair Jerome Powell has run the U.S. central bank for the last four years, but his most significant work may have come in the past two years during the COVID-19 pandemic. President Joe Biden recently nominated Powell to a second term helming the Fed. The Senate Banking Committee will question the bank regulator […]

Bitcoin (BTC) has taken a beating over the past two months, bringing pain for digital assets and blockchain-related stocks, most of which have taken an even bigger hit. Shares of crypto exchange Coinbase (COIN) have been an outlier, losing less than bitcoin. CoinDesk data show bitcoin, the largest cryptocurrency by market cap, has lost over […]

This episode is sponsored by Nexo, Abra and FTX US. Download this episode Last week, the December FOMC meeting minutes revealed that not only was the Fed expecting at least 3 rate hikes in 2022, they were actively considering “balance sheet normalization” (read: quantitative tightening). In today’s episode, NLW looks at how the markets are […]