Coinbase website down as crypto exchange cites ‘system-wide outage’

    United States crypto exchange Coinbase has suffered a “system-wide outage” rendering its services unusable for those looking to access the crypto exchange on desktop or mobile. Coinbase notified users of the outage on its official status page, sharing that a “major outage” began at 4:15 am UTC on May 14. Attempts to visit the website currently shows…

    Chinese workers paid in CBDC are cashing it out for real money: Report

    China’s digital currency project reportedly still has teething problems, with a report suggesting some state Chinese workers being paid in “e-CNY,” or digital yuan, seldom use it and have been converting it to physical cash. According to a May 13 report from South China Morning Post, some Chinese cities have begun paying state employees in the country’s…

    It’s ‘clear’ the US government is going after Tether: Ripple CEO

    Ripple CEO Brad Garlinghouse says it is “clear” that the United States government is “going after” stablecoin issuer Tether — which could have an unpredictable impact on the crypto markets. Garlinghouse said on a May 10 episode of the World Class podcast there would “100%” be another crypto-related black swan event such as the collapse and subsequent uncovering…

    Bitcoin sats the ‘most valuable digital canvas ever’ — Ordinals artist

    The lead artist behind the Bitcoin art community “Nurorealm” said it was a “dream come true” to inscribe their 3D art on an “epic sat” — which he won in a recent auction. “[The artwork is now inscribed on] one of the most valuable digital assets in existence and is the most valuable digital canvas…

    Franklin Templeton CEO says all ETFs and mutual funds will be on blockchain

    Jenny Johnson, the CEO and President of Franklin Templeton, a financial firm with $1.6 trillion in assets under management, recently reiterated her pro-blockchain stance during an interview with Bloomberg anchor David Westland during the 27th Annual Milken Institute Global Conference in California. Among the hot topics discussed by the two, Johnson had plenty to say on the…

    Bitcoin repeats ‘2016 history perfectly’ amid $350K price prediction — Traders

    Bitcoin is replicating the same path as it did after the 2016 Bitcoin halving event, with one indicator signaling it may be nearing its local bottom and another indicating it reaching $350,000 during “the peak” of this cycle, according to crypto traders. “Bitcoin has repeated 2016 history perfectly, offering a downside wick below the bottom of…