Stablecoins and their use in decentralized finance (DeFi) have played a key role in the 2021 cryptocurrency bull market because allow investors to participate in the ever-growing number of protocols that offer high yield staking pools and they ease the process of transacting without needing to use a centralized exchange. One project that has seen a significant amount of adoption…
The Week Of Political Advocates This week turned out to be rather interesting as politicians across the world sent out pro-bitcoin sentiments with the biggest step being mayors across the U.S. planning on receiving their salaries in bitcoin. Despite all that, bitcoin has remained relatively steady and appears prime to start the next leg of its bull run. Here’s what…
While bitcoin has been consolidating for a few days now, a number of other digital assets have seen solid seven-day gains. The two metaverse tokens sandbox and decentraland have skyrocketed over 170% during the last week. Crypto assets like loopring, crypto.com coin, and arweave have spiked in value more than 66% and up to 169% this week as well. Sandbox,…
The world of blockchain technology has undergone a significant transformation over the past decade as the concept evolved from offering a simple means of exchange between two parties to a sprawling ecosystem full of protocols with real-world applications ranging from decentralized finance to one-of-a-kind digital art. One sector of the market that has been gaining traction as of late while…
In brief Video game publisher Square Enix plans to release more NFT-driven projects, including crypto video games. It recently released a series of Ethereum-based NFT trading cards in Japan, which sold out. Traditional video game publishers are starting to embrace NFTs and crypto gaming, with third-party giants like Electronic Arts and Ubisoft expressing interest or declaring their intentions in recent…
Enegra Group, a commodities trading firm based in Malaysia with a net asset value of $28 billion, has migratedits equity-tied EGX security tokens from to the Polygon (MATIC) blockchain from Ethereum (ETH). In 2019, Energra tokenized 100% of its equity, enabling shareholders to digitally exercise their dividend, voting, and governance rights. Both the initial tokenization and token migration were facilitated…
In remarks given at the American Fintech Councils 2021 Policy Summit, acting Comptroller of the Currency Michael J Hsu called for greater regulation of universal crypto firms. Large, universal crypto firmsespecially issuers of highly-circulated stablecoinsshould embrace comprehensive, consolidated supervision. At the same time, federal and state bank regulators should prioritize the development of policies, staff, and supervisory approaches to bring…
A draft bill seeking to allow Brazilian workers to be paid in bitcoin was presented to the country’s Deputies Chamber on November 5. The author, deputy Luizão Goulart (REPUBLIC-PR), shared the natural evolution of money as a cause for his proposal. “Money was one of the greatest creations in the history of humanity,” per the draft bill. “It allowed us…
The team behind interoperable blockchain network Cosmos (ATOM) recently hosted the Cosmoverse Conference live from Lisbon, Portugal. Cosmonauts,#Cosmoverse its LIVE! This event is 100% from the community to the community, and we are proud to have our Cosmos Hub Community Pool as the main sponsor! Tune now to the livestream and prepare yourself to dive into cosmoss wondershttps://t.co/OzyD3bSdqB pic.twitter.com/QFXHu5l3B6 —…
sponsored CoinMarketCap, the leading authority on real-time cryptocurrency prices and data, has just updated and verified its TON Crystal (TON) listing. Now TON, the native token of the FreeTON blockchain, ranks among the top 5% of cryptocurrencies by market cap. This has been a year of remarkable development for the FreeTON project. The project started when Telegram was forced to…
