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Now that the cryptocurrency domain has gotten so much hype between economists, a lot of entrepreneurs took advantage of the opportunity and founded their own DeFi project. Now that there are so many options, how can you possibly choose one to invest in? Luckily, we gathered here everything you...
Bitcoin miners have met the conditions for activating the Taproot update. The soft fork will take place around mid-November 2021 at block # 709632, said developer Peter Welle. The developers have implemented the Speed Trial update activation method in the Bitcoin Core release in May. The mechanism...
The most famous meme cryptocurrency is Dogecoin (DOGE). This coin is periodically praised by Tesla CEO Elon Musk. However, other joke tokens are available on crypto exchanges. Among them, for example, Piscoin and CumRocket stand out. Thailand's Securities and Exchange Commission has banned all...
The central bank of Argentina has suspected several crypto companies of illegal financial transactions. The regulator said in a statement about the beginning of an investigation into the activities of nine companies, which were allegedly engaged in mediation between investors. They transferred fiat...
Last week, the El Salvadorian government passed a bill to legalize bitcoin for the first time in the world. This event supported the market and strengthened the position of BTC. Today it became known that another country may recognize bitcoin and other digital currencies as legal means of payment....
After the parliament of El Salvador supported the presidential bill to legalize bitcoin, the cryptocurrency was able to strengthen slightly. On some trading floors, in the middle of the week, the BTC rate exceeded $ 38,000. However, a correction returned to the market over the weekend, as a result...
Blockchain is advertised as one of the most secure technologies, which uses a high degree of data encryption, which almost completely protects them from unauthorized and fraudulent changes. Despite this, security threats exist. They can be avoided by adhering to the principles below. 1. Storage of...
World-famous DJ David Guetta is ready to sell an elite apartment in Miami for cryptocurrency. The musician put up housing in a prestigious area of the city for $ 14 million. He is also ready to accept payment in bitcoin or ether. If we take the current prices of these digital currencies as a...
The press center of the Texas Department of Banking said that now local lending institutions can process customer transactions with cryptocurrencies. In particular, they will be able to provide services for storing and accepting bitcoin or other virtual coins. A special order from the department,...
The head of the Kraken crypto exchange Jesse Powell said that his team is not abandoning plans to attract investments in the stock market. The company was tasked with listing on one of the traditional exchanges as early as 2022. Previously, Dan Held, representing the Kraken administration, told...
Back in the fall of last year, Brazilian Economy Minister Paulo Guedes announced his country's intention to launch a national digital currency (CBDC). The creation of the token will become part of a large-scale project of the authorities to digitize the economy. Moreover, the head of the department...
Crypto cashback, or crypto cashback reward program, is a type of incentive program in which an amount of Bitcoin is paid to a customer upon their purchases at the store. In other words, when users buy goods, they are immediately rewarded with a small percentage of money spent. The reward is usually...
The Securities and Exchange Commission (SEC) has called on American investors not to invest in bitcoin futures. The corresponding notification was published last Thursday. This document states that even if investors decide to channel their capital into BTC-focused products, then they must analyze...
Daily transactions in the DeFi market have dropped to their lowest levels since 2020. For example, the number of transactions on the UniSwap platform decreased by 28% compared to mid-May. The Glassnode report says that the volume of transactions in dollar terms decreased by 60% in two weeks....
In late summer 2021, Interactive Brokers clients will be able to trade cryptocurrencies on the broker's platform. “We have been asked about this, and we will fulfill this wish by the end of the summer,” said the head of the company, Thomas Peterffy. The broker currently offers Bitcoin futures...
Singapore-based investment firm Spartan Group has launched a $110M venture fund to support DeFi applications. The general partner Jason Choi told about this. According to Choi, the Spartan Group initially expected the fund to be $ 30 million. The framework will place particular emphasis on the DeFi...
The Polkadot platform team stated their willingness to start auctions for the sale of slots for launching parachains on the experimental Kusama network from June 15, 2021. Kusama started operations in 2019. According to a blog post, the first active parachain called Shell launched in May 2021. The...
In connection with the recent hacker attack on the Colonial Pipeline and the growing scale of bitcoin extortion, the US President plans to raise the issue of regulating the cryptosphere at the next G7 summit. Jake Sullivan, the current national security adviser to Joe Biden, told reporters about...
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