“Virtual currency is pure information and therefore energy,” said Gustavo Petro in 2021, in regards to mining crypto in Colombia.
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Why cross-chain interoperability matters for DeFi
With hundreds of cryptocurrency exchanges available for users to transact on, the question becomes centralized or decentralized, neither of which offers an efficient solution.
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Bank of Israel experiments with central bank digital currency smart contracts and privacy
The Israeli central bank looked at trust issues and policy decisions implied in a potential digital shekel, as well as some of the technical aspects of digital currency.
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Is there a way for the crypto sector to avoid Bitcoin’s halving-related bear markets?
BTC’s high volatility and halving-related bear markets tend to drag down investment and interest in the entire crypto market. Can this be avoided?
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FTX US acquires Embed Financial subsidiary for stock trading platform
The FTX Stocks platform has been in beta testing for select U.S. users since May, but the firm reported it would be available to all domestic customers sometime in the summer.
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Crypto Lender Blockfi Secures $250 Million Line of Credit From FTX, CEO Says Capital Will Bolster Its Balance Sheet
The crypto lender Blockfi detailed on Tuesday that the company secured a $250 million line of credit from FTX. Blockfi’s CEO Zac Prince announced on Twitter that the company will use the capital to bolster Blockfi’s “balance sheet and platform strength.” Blockfi Obtains $250 Million Revolving Credit Line From FTX After Crypto Lending Firms Struggle […]Powered by WPeMatico
GameFi continues to grow despite crypto winter: DappRadar report
The report seems to show that turbulence in the crypto markets has failed to rattle investments and forward movement of several GameFi and metaverse projects.
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Solana NFT Marketplace Magic Eden closes $130M Series B round at $1.6B valuation
Russian Ruble Taps 7-Year High Against the US Dollar — Economist Says ‘Don’t Ignore the Exchange Rate’
Recent news reports have detailed that Russia’s fiat currency, the ruble, was the best-performing currency worldwide and the articles explained that American economists were perplexed by the trend. On Monday, the Russian ruble rose to 55.47 per dollar, which was the highest increase since 2015. While many have dismissed the ruble’s exchange rate, Charles Lichfield, […]Powered by WPeMatico
Bitfarms sold 3K Bitcoin as part of strategy to improve liquidity and pay debts
“Selling a portion of our BTC holdings and daily production as a source of liquidity is the best and least expensive method in the current market environment,” said CFO Jeff Lucas.
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