71% of institutional traders have ‘no plans’ for crypto: JPMorgan survey

The decentralized finance sector is growing at a breakneck pace. Three years ago, the total value locked in DeFi was a mere $800 million. By February 2021, the figure had grown to $40 billion; in April 2021, it attained a milestone of $80 billion; and now it stands at above $140 billion. Such rapid growth…

Distributed energy resources, or DERs, have the potential to disrupt traditional electricity markets. Therefore, it shouldn’t come as a surprise that innovative countries are looking toward emerging technologies that will allow DERs to transform entire energy economies. Germany in particular is interested in using DERs to drive its digital energy economy while also complying with…

The World Bank has refused to support El Salvador’s request for help in the transition to use Bitcoin as legal tender. 926 Total views 8 Total shares The World Bank has refused El Salvador’s request for help on the country’s transition to adopting Bitcoin as legal tender. It cited issues with Bitcoin’s environmental impact and…

Ether (ETH) price has increased by 58% year to date, but it has far underperformed the market leader Bitcoin (BTC). In fact, the ETH/BTC price ratio has dropped to 0.063, its lowest level in 9 months. Analysts believe that the majority of the movement can be attributed to the Ethereum network's upcoming Shapella hard fork, which…

Blockade Games’ much-delayed blockchain RPG Neon District has announced a move to Matic Network, following the presumed collapse of the initial choice, Loom. 1282 Total views 70 Total shares The much-delayed blockchain role-playing game Neon District will be launching on Ethereum layer-two scaling solution Matic, according to a recent announcement. Neon District developer, Blockade Games will…

Crypto exchange Coinbase is seeking to discover how much the US Securities and Exchange Commission (SEC) spent on enforcement action against crypto firms.   Coinbase chief legal officer Paul Grewal said in a March 3 statement to X that the request under the Freedom of Information Act (FOIA) was submitted to the SEC to find out

A series of ransomware attacks over the past week affected medical care, hundreds of thousands of parcel deliveries during the pandemic — and even a lingerie manufacturer. Attackers are threatening to leak sensitive data if companies fail to make the required payments.ITNews reported that the Australian logistics giant Toll Group suffered its second ransomware attack…

Several economies around the globe are lifting lockdown restrictions that have been in place for the past few weeks. This will enable businesses to gradually come back on track and investors are also closely watching the various coronavirus vaccines that are in developmental stages. Any positive news on this front is likely to boost sentiment.As…