Category: cryptocurrencies

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DeFi adoption on the Binance Smart Chain reaches new highs

Decentralized finance protocols on the Binance Smart Chain saw their token prices and total value locked rise toward new highs after a series of protocol upgrades and cross-chain integrations. Decentralized finance (DeFi) has taken a well-deserved break from the spotlight over the past couple of months after being one of the hottest sectors at the…
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Europe awaits implementation of regulatory framework for crypto assets

A deep dive into the EU’s Markets in Crypto-Assets regulatory proposal, which could provide a precedent for other countries. The global landscape of crypto-asset regulations is diverse and, even though it is getting more complex, many regulators are still choosing to wait and see how this space develops and what others will do. Right now,…
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Uzbek presidential agency proposes legalizing domestic crypto trading

Uzbekistan wants to lift its ban on cryptocurrency purchases after barring residents from buying crypto in 2019. A major governmental agency in Uzbekistan seems to be rethinking its stance on cryptocurrencies. The National Agency for Project Management under the President of the Republic of Uzbekistan, or NAFT, issued an official document proposing several amendments to licensing…
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The new digital, decentralized economy needs academic validation

Black sheep and white papers: In order to achieve what it promises, the crypto revolution must be led by scientists and researchers. It is a pivotal moment in the development of the new digital economy. Interest in all things crypto keeps growing exponentially, and investment follows closely. There has arguably never been so much money…
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Bitcoin bulls attack $57,000 and altcoins rally as April comes to a close

Altcoins moved toward new highs and Bitcoin price rallied above $57,000 shortly after today’s uneventful $4.2 billion monthly options expiry. Bitcoin (BTC) and the overall cryptocurrency market sprang to life on April 30 as an uneventful close to this month’s $4.2 billion options expiry occurred without any signs of controversy.  Data from Cointelegraph Markets and…
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A $1 billion crypto fund could be on its way from Andreessen Horowitz

The VC firm is looking to raise a considerable sum to put towards crypto investments. Building on its previous crypto involvement, VC firm Andreessen Horowitz is now reportedly gathering thunder for another fund, according to an article from the Financial Times, or FT. “The new fund, Andreessen’s third that is focused on cryptocurrency investments, is…
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Got crypto? Here are 3 debit cards that let you spend your stack

Crypto debit cards are growing in popularity as holders look for effortless ways to spend their assets. As blockchain technology and the public’s awareness of cryptocurrency continues to grow, a range of new use cases a coming to market and enhancing the efficacy of legacy financial systems. Despite its many applications, the original use case…
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Coinbase to acquire Skew crypto data analytics platform

Some of Skew’s institutional clients include One River Asset Management and Susquehanna International Group. United States cryptocurrency giant Coinbase is acquiring institutional-grade blockchain data analytics platform Skew. Greg Tusar, vice president of institutional products at Coinbase, announced the news Friday, stating that the new acquisition will help customers make more informed trading decisions by using…
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Turkey jails 6 in probe into missing Thodex crypto exchange CEO

The arrested siblings of the missing Thodex CEO reportedly own millions of dollars worth of crypto. Turkish authorities are progressing with an investigation into local cryptocurrency exchange Thodex, which abruptly halted trading last week. On Thursday, a Turkish court jailed six suspects pending trial, including siblings of the missing CEO and senior company employees, Reuters reported.…
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Bullish ETH/BTC pair revives the Ethereum ‘flippening’ discussion

Bitcoin price is clinging on to $53,000 while Ethereum’s increasing bullish momentum prompted renewed discussions of an ETH flippening. Bitcoin and the overall cryptocurrency market saw minor losses on April 29 as the market heads into the expiry of $4.2 billion worth of (BTC) options contracts.  Data from Cointelegraph Markets and TradingView shows that since reaching a…
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