Balancer, DeFiChain and cBridge each saw a surge in their total value locked despite the current downturn in the wider crypto market. The cryptocurrency market has far faced an uphill battle for the larger part of 2022 due to global economic headwinds on multiple fronts, along with supply chain constraints, blistering inflation and the ongoing…
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During the first week of January, the software community Mozilla revealed it was pausing cryptocurrency donations after citing environmental concerns. 14 weeks later, Mozilla decided last week it will accept crypto donations again, but only from digital assets that leverage a proof-of-stake (PoS) consensus model. Mozilla Plans to Accept PoS Crypto Assets Only, Executive Says…
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XRP risks plunging to $0.50 in April as it breaks out of a classic bearish continuation structure. Ripple’s XRP took a break from its prevailing downtrend as its price rebounded from $0.68 to $0.72 in the last three days. Ripple scores vs. SEC Traders returned to buying XRP after a U.S. court denied the U.S.…
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PRESS RELEASE. Global crypto exchange, LBank, joined Bitcoin Miami 2022 as a first-time sponsor and exhibitor, attracting more than 500 attendees to their satellite event, and announcing their many ambitions in the United States. As one of the biggest crypto events in the US, Bitcoin Miami 2022 gathered over 35,000 attendees, making it the biggest…
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The digital asset platform Fireblocks is partnering with the US-based publicly listed fintech firm FIS to bring a range of new enterprise-grade solutions from the world of decentralized finance (DeFi) and crypto trading and staking to its client base, the two companies announced today…. Read More: Major Fintech Firm FIS Partners with Fireblocks to…
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On April 13, Terra’s Luna Foundation Guard (LFG) acquired 2,508.94 bitcoin worth close to $100 million at the time of settlement. The purchase follows the 4,130 bitcoin LFG scooped up three days ago, and LFG’s wallet is now just over 495 bitcoin away from surpassing Tesla’s bitcoin treasury stash. Luna Foundation Adds More Bitcoin to…
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As Russia’s invasion of Ukraine continues to draw businesses away from the aggressor’s economy, the Minsk-based crypto exchange Currency.com is joining the expanding list of companies that decided to withhold their services from Russia’s residents. The latest move follows the company’s earlier decision to stop opening new accounts for clients from the Russian market….…
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Nexo has officially launched its cryptocurrency credit card in collaboration with Mastercard after announcing the project back in 2019. Major cryptocurrency loan company Nexo has officially launched a crypto-backed Mastercard card enabling users to pay for services with cryptocurrencies like Bitcoin (BTC) without selling their crypto. Nexo has partnered with Mastercard and the peer-to-peer payment…
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As a number of countries across the globe are working on developing their respective central bank digital currencies (CBDCs), ensuring a separation between identity and transaction data could produce a better environment for privacy protection and could lead to public confidence and trust in using CBDCs, according to a recent paper released by the…
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MetaMask has formed a new strategic partnership with four major crypto custodians: Gnosis Safe, Hex Trust, GK8, and Parfin. Decentralized finance (DeFi) wallet and browser extension MetaMask formed a new strategic partnership with four major crypto custodians; Gnosis Safe, Hex Trust, GK8 and Parfin. MetaMask Institutional (MMI), the institutional version of the popular Ethereum wallet…
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