A survey by Japanese crypto exchange BitMax shows 25% of traders prefer XRP, compared to only 9% in ETH and 26% BTC. Despite the fact Ether is currently the second largest cryptocurrency by market cap, Japanese crypto holders may prefer to hold XRP. According to the results of a survey posted to Twitter by Japanese…
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Fireblocks will now utilize Chainalysis’ Know Your Transaction tool to streamline compliance and Anti-Money Laundering measures. Blockchain analysis company Chainalysis is partnering with institutional digital-asset security specialist Fireblocks to integrate its Know Your Transaction (KYT) system to monitor crypto transactions within the platform. According to an announcement on June 15, the addition will strengthen Fireblocks’…
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Turkish real estate firm Antalya Homes announced that its customers can now pay for properties listed on its platform with Bitcoin. Turkish real estate firm Antalya Homes announced that its customers can now pay for properties listed on its platform with Bitcoin (BTC). According to a June 15 announcement, Antalya Homes claims to have recorded…
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Institutional interest in digital assets is growing as major financial players continue to enter the cryptocurrency space. A growing number of indicators suggest that institutional players are continuing to enter the digital asset markets, which have been dominated to date by high-net-worth individuals and actively trading crypto enthusiasts. Case in point: Crypto markets are seeing…
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The Compound community approved a proposal calling for the distribution of the COMP token to all users of the DeFi protocol. Compound’s governance token will be available for distribution to all users of the decentralized finance (DeFi) protocol beginning on June 15. According to a June 10 tweet from Compound, the lending platform responsible for…
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The third decade of the 21st century will make cryptocurrency the main payment method worldwide because of its benefits over fiat. The world has been slowly recovering from the COVID-19 pandemic, while some countries are bracing themselves for a potential second wave, but the economic downturn in many fields is imminent. This has spurred debates…
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Chinese banks are clarifying that they are not shutting down any legal crypto accounts. Rumor has it that Chinese banks are freezing client accounts that have a history of buying and selling cryptocurrencies. According to a Chinatimes report on June 13, banks in China have clarified that they are not shutting down any legit fiat…
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Crypto has turned from an inevitable future to our happening present, and stablecoins may become the industry’s cornerstone. Major financial institutions love certainty, and that will help the crypto community immensely. Let’s get down to basics: A stablecoin is a type of digital asset designed to solve the problem of the hypervolatility of cryptocurrencies. This…
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Blockchain’s evolution path is similar to the invention of the internet, and we are already in its second phase. The internet started its life over 30 years ago, and since then, it has penetrated almost every aspect of our lives. Today, it underpins virtually everything we do. In fact, it’s difficult to imagine our lives…
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Check out this week’s Bad Crypto podcast. Bitcoin has spent the last week bashing away at that $10,000 ceiling without quite managing to break through—even as it gained more than 1.5 percent over the last seven days. Analysts have put the failure to rise into five figures down to three factors: a meeting of the…
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