Bookmarking Crypto Insights
DIGIT BTCC, ostensibly the first cryptocurrency exchange established in China, exited the bitcoin trading business last week. According to statements, this was the result of the continued regulatory pressure Beijing is exerting on cryptocurrency businesses. The company will now transition to blockchain-related endeavors. BTCC Closes Its Exchange Business BTCC, the company that once ran the most … Read more
Hut 8 CEO Jaime Leverton said the firm was on track to mine up to 3 additional BTC per day by the end of August. Go to Source Powered by WPeMatico
John Williams responded to a presentation from Mark Carney, the former head of the Bank of Canada and Bank of England, about the potential for issuing central bank digital currencies. Go to Source Powered by WPeMatico
It’s 2021 and we are barely coming out of a pandemic, it comes as no surprise that the trending mood for teens and young adults is being sad and depressed. Sad Emo Rap is one of the most trending genres of music among young teens who are obsessed with artists like Juice WRLD and Polo … Read more
The algorithmic decentralized finance (defi) stablecoin safedollar (SDO) has been attacked, according to statements published on its Telegram channel. The safedollar token did not remain stable following the attack, as the defi stablecoin’s price collapsed to zero. Safedollar Stablecoin Price Collapses A Polygon (MATIC) blockchain-based stablecoin called safedollar (SDO) has lost all of its value, … Read more
The Monetary Authority of Singapore is seeking new retail CBDC solutions with a new global challenge offering cash prizes and expert digital currency mentorship. Go to Source Powered by WPeMatico
The Polygon team is set to launch a data availability solution for sidechains and layer-two protocols. Go to Source Powered by WPeMatico
The Iron Finance stablecoin fiasco caused cries for regulation and shed light on the importance of complete collateralization. Go to Source Powered by WPeMatico
The U.S. economy is looking stagnant according to data stemming from the Bureau of Economic Analysis, as core personal consumption expenditures (PCE) jumped 3.4% in May from a year prior. The recent PCE spike is the highest year-over-year basis change since 1992 and the statistic is fueling inflation concerns. Amid ‘Never Ending’ Market Rallies, Core … Read more
Tehran province, which houses the country’s capital, was awarded only one license for operating a crypto mining center. Go to Source Powered by WPeMatico
