The Four Phases of Decentralized Finance
The DeFi industry has been growing and changing — here are the four-phase model that clarifies what has been achieved and what to expect in the future Go to Source Powered by WPeMatico
Month: February 2020
XRP Plummets 56% in One Candle, Bitmex Traders Outraged Over Flash Crash
A number of XRP traders are complaining about massive liquidations on Bitmex as the price of XRP spiked and was brought down by 56% in a single candle. After the incident, well known traders with leveraged positions took to Twitter to complain about the upset as some investors were completely liquidated. Also read: Fed Chair … Read more
IOTA Foundation Investigates Funds Allegedly Stolen From Trinity Wallets
Multiple IOTA holders have reported missing funds, in possible conjunction with Trinity wallet usage Go to Source Powered by WPeMatico
Wells Fargo Joins Elliptic’s Series B Investment Round
Wells Fargo invests in crypto compliance firm Elliptic Go to Source Powered by WPeMatico
Bitcoin and Cryptocurrency Are ‘Like a Giant Garbage Dumpster,’ Says Minneapolis Federal Reserve President
The president of the Federal Reserve Bank of Minneapolis, Neel Kashkari, said on Tuesday that bitcoin and other cryptocurrencies are “like a giant garbage dumpster.” He would rather his one-year-old daughter have a low yielding Treasury bond than a bitcoin, emphasizing that all that’s emerging from the crypto world “is burning garbage.” Also read: Fed … Read more
Bangladesh Bank with $4 Billion in Assets Now Employs RippleNet
Bangladesh-based Bank Asia becomes a member of Ripple’s RippleNet blockchain-enabled remittances network Go to Source Powered by WPeMatico
How to Create a SaaS Application in 5 Steps
In today’s article, we’re going to take a closer look at the new software deployment model called SaaS and try to figure out some effective tips to build a SaaS application in the shortest possible time. A Few Words about SaaS and Its Significance If we need water, we just turn on a tap. And … Read more
SBI Crypto Subsidiary Partners With Northern Data on Mining Project
SBI Holdings’s subsidiary SBI Crypto is partnering with German tech company Northern Data AG and Texas-based data centers operator Whinstone US Inc Go to Source Powered by WPeMatico
IRS Does Not Consider Fortnite Money as Virtual Currency After All
The IRS seems to have struck certain video game currencies and Ether from its list of examples of convertible virtual currency Go to Source Powered by WPeMatico
Treasury Secretary Mnuchin Gives Testimony on Cryptocurrency, New Regulations Rolling Out Soon
U.S. Treasury Secretary Steven Mnuchin gave his testimony on cryptocurrency before the Senate Finance Committee on Wednesday. Mnuchin said crypto is a “crucial area” that the Treasury has spent a lot of time on. He also talked about stablecoins and announced that new crypto regulations focusing on transparency will be rolled out soon. Also read: … Read more