AI memecoins will become utility tokens
AI memecoins are evolving into utility tokens, potentially powering an agentic AI revolution in Web3.
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Internet Computer will be a key alternative to AWS-like services — Dfinity exec
The Dfinity chief said that Internet Computer would prove to be a boon for the blockchain industry, which is currently dependent on centralized systems like Amazon Web Services. The Web3 ecosystem is built on the principles of decentralization; however, most aspects of the ecosystem are still relatively centralized. Be it metaverse servers or nonfungible tokens (NFTs),…
Coinbase customers can now dodge bank withdrawal wait times
New update from Coinbase quickens the transmutation of crypto into fiat. 1652 Total views 3 Total shares Coinbase has unveiled a faster way for its customers to move digital currencies out of crypto and into their bank accounts.The U.S. friendly crypto platform now allows 40 different countries faster cash withdrawals, Coinbase wrote in a Oct.…
El Salvador’s bonds suffer as Bitcoin Law takes effect
Bond investors appear to be betting against El Salvador’s controversial Bitcoin Law, but other factors need to be taken into account. 1703 Total views 10 Total shares El Salvador’s move to embrace Bitcoin has ruffled the feathers of bond investors, with yields spiking as investors signal uncertainty for the emerging economy.A Sept. 8 report published…
Mexico’s second-richest man invests 10% of his liquid portfolio in Bitcoin
The 166th wealthiest person in the world has revealed that he has invested in Bitcoin. 3816 Total views 51 Total shares Ricardo Salinas Pliego, the second-wealthiest man in Mexico, has revealed that 10% of his “liquid portfolio” is invested in Bitcoin (BTC).The billionaire shared a video captured in “a Latin country” depicting banks throwing out…
China: New Guidance to Implement Blockchain in Agriculture Finance Sector
The Chinese government has issued the “Guiding Opinions on Rural Service Revitalization of Financial Services,” according to an official announcement on Feb. 11. The new framework is part of a plan to improve the efficiency of financial services for the country’s rural revitalization program.The guidance will purportedly help promote the application of new technologies in…
ReDeFining growth: Innovative trends impact evolution of blockchain tech
Over the last year, the decentralized finance space has been making waves in the financial sector, building on blockchain technology to decentralize a multitude of banking services. The adoption of DeFi services has been steadily on the rise, and all kinds of assets are making their way onto the blockchain.With nonfungible tokens popularizing digital art…
Robinhood Outages During Historic Price Action Sparks Heated Community Reaction
“Robinhood, a pioneer of commission-free investing, gives you more ways to make your money work harder.” At least, that’s what is stated on the website of Robinhood, the popular stock and cryptocurrency trading app. However, the app’s recent outages on March 2 and March 9 have shown that fancy words on landing pages are insufficient…
Institutional investors increase their crypto holdings for 5th straight week
Despite the recent selloff in the crypto markets, institutional managers have been quietly turning bullish over the past month. 1957 Total views 32 Total shares Cryptocurrency assets held by institutional managers rose for a fifth consecutive week, a sign that market participants had once again flipped bullish on Bitcoin (BTC) and the leading altcoins. Investment flows…