Avenue Securities, a U.S.-based securities brokerage firm specialized in serving Brazilian customers, will offer bitcoin trading services beginning next month, according to a Bloomberg report. “That is beyond a shadow of a doubt the project with the biggest demand from our clients,” Roberto Lee, Avenue’s founder and CEO, told Bloomberg. “Our surveys show that about 15% of our almost 500,000…
Decentralized finance (DeFi) protocol Ref Finance has raised $4.8 million to build out its vision of a “one stop shop” for DeFi in the Near Protocol ecosystem. According to an announcement, the strategic OTC sale was led by Jump Crypto, with participating investors including Alameda Research, Dragonfly Capital and Kucoin Ventures. The funds raised will be used to expand the…
BTC is struggling to hold on to the $40,000 level, but a few analysts say cryptocurrencies might decouple from equities in the coming months. Source: https://cointelegraph.com/news/price-analysis-2-18-btc-eth-bnb-xrp-ada-sol-avax-luna-doge-dot
“DAOs are very powerful token-based coordination mechanism that any person now can wield outside of the legacy financial system”, said Silke Noa, core-member of the AssangeDAO, which recently raised $53 million in support of Wikileak’s founder, Julian Assange. According to Noa, the fundraising campaign was “a huge success” that showed how the power of a DAO can have an impact on…
During the last week bitcoin’s USD value has shed close to 9% as it slipped from $44,239 per unit two days ago, to below the $40K range on Friday. Meanwhile, in the last 24 hours, two sleeping bitcoin block rewards from 2010 woke up after more than a decade of sitting idle. The 100 bitcoins minted in the early days…
Four members of the Wyoming Legislature have sponsored a bill which would allow the state treasurer to issue a stablecoin. On Thursday, Wyoming State Senators Chris Rothfuss and Tara Nethercott with House Representatives Jared Olsen and Mike Yin introduced Senate File SF0106, titled the “Wyoming Stable Token Act.” If signed into law, the bill would authorize the treasurer to issue…
Protesting anti-vax truckers blockading downtown Ottawa, Canada had their fund-raising platform shut down because their host fears the “promotion of violence.” The protesters move to a Bitcoin crowdsourcing funding service. It quickly raised $900,000. Russian troops gather on Ukraine’s borders. Ukrainian NGOs and volunteer groups embrace cryptocurrencies to help defend their country in the event of a coming war, according…
In a tweet published early Friday, Do Kwon, founder of Terraform Labs, the entity developing the Terra Luna (LUNA) and Terra USD (UST) stablecoin ecosystem, announced the injection of 450 million UST ($450 million) into the Anchor protocol’s reserves. The proposal passed a vote by the Luna Foundation Guard on Feb.10. Anchor serves as the flagship savings protocol of the…
The Verkhovna Rada of Ukraine has approved the country’s proposed law “On Virtual Assets” with the recommendations of the president. Two hundred and seventy two People’s Deputies voted for this decision. As you may recall, on September 8, 2021, the Verkhovna Rada adopted this document in its reading. However, on October 5, the president of Ukraine, Volodymyr Zelensky, vetoed it…
The Canadian government has warned that more financial accounts and cryptocurrency wallets will be frozen as law enforcement attempts to end the Freedom Convoy trucker protest. However, truckers are standing their ground even after the police arrested two protest organizers. Prime Minister Justin Trudeau says, “It’s high time that these illegal and dangerous activities stop.” More Accounts Will Be Frozen…
