Category: Cryptocurrency
The report highlights the DeFi’s potential for lower financial audit costs and substantial opportunities for financial integration across borders 183 Total views 1 Total shares Analysts from the European Commission showed an unexpected understanding of how decentralized finances (DeFi) actually function, having defined it as something different from the traditional financial system and acknowledged that […]
Otherdeed NFTs top the “burn leaderboard” over the past seven days at roughly 55,816 ETH, or 56% of all burns during that period. 3657 Total views 14 Total shares The burning rate of Ethereum has spiked to new all-time high (ATH) levels following the heavily anticipated sale of tokenized land plots in Yuga Labs’ upcoming […]
Bitcoin (BTC) starts a new week with much to make up for after its worst April performance ever. The monthly close placed BTC/USD firmly within its established 2022 trading range, and fears are already that $30,000 or even lower is next. That said, sentiment has improved as May begins, and while crypto broadly remains tied […]
The evident reduction in the installation of crypto ATMs could result from the regulators’ hesitance to adopt the Bitcoin ecosystem. 2541 Total views 29 Total shares April 2022 marked the fourth consecutive month of the slowdown in the installation of Bitcoin (BTC) ATMs, which began at the start of the year. Bitcoin ATMs serve a […]
The new directives for VPN service providers and crypto exchanges would require them to collect critical private information as well as the ownership patterns of customers. 1237 Total views 32 Total shares The Indian Computer Emergency Response Team (CERT-in), which falls under the Ministry of Electronics and Information Technology, issued a new directive on Thursday, […]
A Canadian journalist recounts the story of when he went to North Korea to participate in a crypto conference that’s full of surprises. 545 Total views 36 Total shares When North Korea announced a crypto conference back in 2018, Canadian journalist Ethan Lou jumped at the opportunity to see what the country’s crypto scene looked […]
The month of April has been a forgettable one for equities and cryptocurrency investors. Bitcoin (BTC) plummeted 17% in April to record its worst ever performance in the month of April. Similarly, the Nasdaq Composite plunged 13.3% in April, its worst monthly performance since October 2008. However, a major positive for crypto investors is that […]
In mid-February 2020, the total value locked within decentralized finance (DeFi) applications first exceeded $1 billion. Fueled by the DeFi summer of 2020, it wouldn’t even take a year before it multiplied 20-fold to reach $20 billion and only another ten months to reach $200 billion. Given the pace of growth so far, it doesn’t […]
While the Otherdeed NFTs could be minted only in APE, it also required ETH for gas fees. 3266 Total views 20 Total shares While the community was witness to the largest NFT mint yet, Ethereum (ETH) gas prices rose to unprecedented levels, in addition to users experiencing failed transactions due to blockchain bottlenecks. Bored Ape […]
Crypto service providers must fulfill seven conditions that include being constituted in the form of a company with a minimum capital of roughly $52,725 (EUR 50,000). 2199 Total views 28 Total shares A new rule imposed by Belgium’s financial regulatory agency, the Financial Services and Markets Authority (FSMA), will now require crypto exchanges and custodial […]