The leading crypto asset Bitcoin has surged to a new yearly record reaching $16.000. The price is up over 4% during the last 24 hours. This is the first time since 2018 Jan. 8 that the BTC price was that elevated. One of the reasons is PayPal allowing spending it on Oct. 21, after which the price...
The world's first regulated digital asset bank Sygnum informed about launching control, exchanging, lending, and staking options for Tezos blockchain’s XTZ cryptocurrency. The new staking utility suggests up to 5% yearly compensation for XTZ. Sygnum told it's the first time XTZ can be stored and...
Coinbase informed about listing 3 new crypto assets. Besides, the network allowed exchanging for 3 other crypto assets to New York lenders. Now the users can exchange Civic (CVC), Decentraland (MANA), and District0x (DNT) on the protocol. The first one is a decentralized ID protocol token. Mana is...
Yi Gang, the director of the People’s Bank of China (PBOC) told that more than 2 billion digital yuan has been spent in approximately 4 million separate activities. This is equivalent to just under $300 M. China’s digital yuan is one of the world’s most popular digital assets. As early as...
The market cap of Wrapped Bitcoin (WBTC) has reached $1.5 B which is 80% of the total BTC held on Ethereum. WBTC is the most common kind of Bitcoin used on the Ethereum system. The official website informed that at the moment there are 116,885 WBTC overall, supported by the same number of BTC held...
The most recent token offering by Yearn Finance architect Cronje has soared within hours of launch. The Keep3r Network was introduced on October 28, was created to solve the actual issues with intricate systems of smart contracts. Just within a few hours of the launch, the KP3R token is rising high...
Officials announced that Ripple has invested in Money Tap, a secondary of Tokyo-based financial group SBI holdings. With the recently introduced funds, Money Tap can boost the development of new functions and services like community currency, business payments as well as inbound and outbound...
The crypto adoption process has been growing. Singapore's largest bank DBS has decided to be a part of it. On 27 October the bank published about the launch of its “DBS Digital Exchange”, which has probably been deleted afterwards. Anyway, there are a lot of screenshots distributed in the...
Smart contract auditing company Quantstamp has told that Ethereum 2.0 is almost ready for launch. The announcement followed Quantstamp’s finalized audit of Teku, the Ethereum 2.0 client developed by ConsenSys. Teku is a full Ethereum 2.0 client built to meet institutional needs and security...
Meanwhile, DeFi industry keeps developing, investors are finding new presale options and new token listings aiming to earn huge interests in a short period. Anyway, sometimes this became the reason for heavy losses because of the number of what is known “rug pulls” effecting in investors losing...
While the price of BTC has continued to be $13,000, Chainlink (Link) has increased by 10% in the past 24 hours. The coin currently trades for $11.93, which is its highest rate for many weeks. Currently, the altcoin is the leader in the top 10 cryptocurrencies, getting ahead of Bitcoin’s 1.5%...
PayPal has teamed up the crypto trade, informing that now its clients can purchase Bitcoin and other digital ventures via their PayPal accounts. Then the virtual assets could be managed to buy stuff from the 26 M traders which approve PayPal. PayPal aims to add buying alternatives in the US within...
The Bank of Canada is going to hire an economist with a profound knowledge of financial operations and digital currencies. This is connected with the Canadian Central Bank Digital Currency (CBDC). According to the job announcement, the economist will be responsible for monitoring and analyzing the...
Mt. Gox crypto exchange is known for encountering the largest crypto hack ever. As stated, the exchange lost a total of 1.35 million Bitcoin in two hacks in 2011 and then in 2014. It was based in Shibuya, Tokyo. In 2014 the organization closed its website and exchange platform applying for...
Singapore-based exchange firm Huobi Global told that now HUSD Stablecoin trading is on their platform. The news became known on September 25. Additionally, Huobi Global informed that the HUSD stablecoin would trade against VeChain (VET) and (Bytom) BTM in the spot market. HUSD is a stablecoin...
Four members of the legislature of Israel find it better if digital assets would be taxed as a fiat. Presently, Bitcoin is taxed 25% while converted into fiat, or 15% for short-time funders. According to officials, if the bill accepted, Israel’s 25% capital gains rate on bitcoin will no longer...
Kraken becomes the first Crypto US bank. It will be able to support clients from 49 states with digital asset custody services and help them make payments. Founded in 2011, Kraken is now one of the leading cryptocurrency exchanges in US. It has been approved as the first special-purpose depository...
From the time of its appearance, SushiSwap has been widely discussed. It became more talked about when the secret author Chef Nomi withdrew approximately $14M of developer store. Later the rights to manage the protocol were given to FTX founder Sam Bankman-Fried. Recently Chef Nomi made a...