Since its 2019 launch, the Helium Network has used tokens to reward individuals deploying nodes via its growing decentralized wireless network. On Tuesday, the network’s developer announced that users throughout the US can now tap into unlimited data, talk and text for $20 per month through cell service provided by Helium Mobile in tandem with T-Mobile. 

Nova Labs, the company behind the Helium Network, has been building to the nationwide phone plan launch since partnering with T-Mobile in Sep. 2022. But the milestone comes with the question of how Nova Labs can generate revenue from the notoriously unprofitable Helium Network. 

The Helium Network is designed for individuals to run…

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The Federal Reserve Bank of Boston wants to hire a senior software engineer focused on digital currency. 

The LinkedIn posting states that the position would “support the Federal Reserve System’s Central Bank Digital Currency (CBDC) Research and Development program.”

The engineer would head up a team focused on the CBDC research and “prototyping.” 

“This position offers a unique opportunity to be part of a world-class team working on cutting edge technologies related to CBDC R&D. You will participate in a dynamic work environment that has the feel of a startup while also maintaining the benefits of a larger organization,” the listing said.

The Boston branch of the US…

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Bitcoin (BTC) returned above $42,000 on Dec. 5 as analysis remained suspicious of market manipulation.

BTC/USD 1-hour chart. Source: TradingViewAnalysis: New Bitcoin bids not “organic”

Data from Cointelegraph Markets Pro and TradingView showed a BTC price rebound taking BTC/USD to highs of $42,498 on Bitstamp.

These beat the 19-month peak set the day prior, with retracements being short lived amid a general atmosphere of excitement throughout crypto.

As Bitcoin continued to reclaim ground lost in mid-2022, however, warnings over the rally’s sustainability continued to flow in. These centered on the behavior of large-volume traders, also known as whales.

In a dedicated thread about the…

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Leaning into Web3’s strengths while following established protocols can create a strong, holistic data security strategy.

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Lawyers representing the United States Securities and Exchange Commission (SEC) requested the judge in its civil case against Terraform Labs and co-founder Do Kwon determine whether certain crypto assets are securities rather than a jury.

In a Dec. 4 filing in U.S. District Court for the Southern District of New York, the SEC argued that the matter of cryptocurrencies as securities under the commission’s guidelines was a “legal question to be determined [by] the Court, not a factual question for the jury.” According to the SEC, sending the question of whether certain cryptocurrencies in the Terraform Labs case qualified as securities under the Howey test — the commission’s…

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The Bank of Italy and the Bank of Korea signed a Memorandum of Understanding on Tuesday.

The MOU will allow for the two central banks to share “knowledge and information on the topics of ICT technologies in support of real time settlement systems and the central bank digital currency (CBDC),” according to a press release from the Bank of Italy. 

This isn’t the first time that the two have collaborated with each other on CBDCs. Back in June, both the banks of Korea and Italy partnered with the Monetary Authority of Singapore and the International Monetary Fund on a paper focused on purpose-bound money. PBM allows money to be programmed to be used for a specific purpose. 

The…

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The former president of FTX US dishes the dirt on his falling out with former Jane Street colleague Sam Bankman-Fried and predicts the spot Bitcoin ETF will far outshine the record-breaking success of the Bitcoin Futures ETF.

Who is this guy anyway?

The ex-president of FTX US, Brett Harrison, tells Magazine that he didn’t say a single word to Sam Bankman-Fried during the two-month notice period after he resigned, which was only months before the whole exchange blew up. Even getting a message to SBF to say he was resigning in the first place was hard work.

“I had to talk to other people in the company to formally resign. I wrote one text to Sam and I got back a…

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