Elon Musk’s Boring Company will accept the meme cryptocurrency dogecoin as payment for rides on its Las Vegas transit system Loop. Musk confirmed that he is “supporting Doge whenever possible.” Tesla already accepts the meme crypto for some merchandise and Spacex will soon follow suit. Elon Musk’s Boring Company to Accept Dogecoin Payments The Boring…
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Hardware wallets designed to securely store cryptocurrency have seen a several-fold increase this spring in Russia, on the backdrop of currency restrictions introduced amid foreign sanctions. Ledger and Tangem have been the most popular products on the market, a media report revealed. Russians Buy More Hardware Crypto Wallets, Market Players Say Russian crypto users have…
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Chandler De Kock is Growth Strategist at UMA, an optimistic oracle built for Web3. __________ It’s easy to get caught up in the chatter and concern that erupted in recent weeks around the collapse of TerraUSD stablecoin and then the latest round of losses that has set off job cuts and extreme market conditions throughout…
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Decentralized finance (DeFi) protocols “don’t need to get bailed out,” and were “designed specifically to avoid this bullshit,” the founder of DeFi protocol Compound (COMP), Robert Leshner, has said. Discussing the troubles currently faced by centralized crypto lenders like Celsius (CEL), Voyager Digital, and BlockFi in a recent episode of the Unchained Podcast, Leshner said…
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The central People’s Bank of China (PBoC) could be set to make use of smart contracts in its digital yuan project – an indication that blockchain technology could well end up playing a larger role than expected in the e-CNY’s future…. Read More: Chinese Central Bank May Apply Smart Contract Technology to Digital Yuan Read…
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Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________… Read More: Ethereum’s Step Towards PoS, Bitcoin Mining Difficulty, Binance’s BTC Trading Fee Move + More News Read more »Pay, Trade, Buy Bitcoin with Credit Card
“With USDC, our business model is minimizing risk, not taking and managing risk,” wrote Jeremy Fox, Circle’s chief technology officer. The cryptocurrency market has experienced a turbulent period as of late, with several firms filing for bankruptcy or shutting down. Voyager Digital announced its bankruptcy on Wednesday, becoming the second crypto lender to default following Three…
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The most-followed TikTok creator Khaby Lame also partnered with Binance to create Web3 content and create nonfungible tokens with the exchange. In this week’s newsletter, read about Binance’s partnership with the most-followed TikToker Khaby Lame. Check out how Vincenzo Sospiri Racing will use NFTs to authenticate car parts and how NFTs will gradually appear on…
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Bitcoin and select altcoins are making an attempt at flipping key resistance levels, but negative news-flow and selling from BTC miners could continue to weigh on market sentiment. Bitcoin (BTC) is attempting to rise above the psychological level of $20,000 on July 6, a sign that bulls are trying to stall the brutal bear market.…
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The firm cited better interest rates from traditional finance loans and regulatory risks in mulling the bond platform. Porter Finance, a decentralized finance, or DeFi, protocol based on the Ethereum (ETH) blockchain, announced Tuesday that it was shutting down its bond issuance platform. In explaining the discussion, Porter Finance said: “Looking forward, we are not…
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