Binance continues to serve Russian users despite 2023 exit
A spokesperson confirmed that Binance continues to serve a “limited number of existing Russian users” a year after announcing its full exit from Russia.
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Canada central bank assesses innovations and challenges of DeFi
The staff note suggested that, although the DeFi ecosystem brings a ton of innovations in the financial sector, the regulatory challenges and vulnerability limit its potential use in traditional finance. 321 Total views 2 Total shares The Bank of Canada published a staff note on decentralized finance (DeFi) on Oct. 17, assessing the innovations that made
Storj Launches Free Storage Program for Coronavirus Research
Blockchain-based cloud network Storj has announced a program to provide free storage to organizations researching COVID-19. 236 Total views 3 Total shares Decentralized storage network, Storj, has launched a program providing free storage to organizations participating in COVID-19 research.The program follows widespread contributions from the crypto community toward the distributed scientific research platform, Folding@Home.Organization researching…
Meta launches metaverse game, Bitcoin Ordinals creator proposes numbering change: Nifty Newsletter
In this week’s newsletter, read about how marketplace Magic Eden integrated compressed nonfungible tokens (NFTs) into its platform and how Meta launched its metaverse game on mobile and web. Check out why the Bitcoin Ordinals creator proposes changing the protocol’s numbering system and learn about Atari founder Nolan Bushnell’s perspectives on play-to-earn gaming. In other
Finland works on instant payments system, embraces digital euro
The Bank of Finland actively promotes the development of new forms of payment. 195 Total views 4 Total shares Bank of Finland (BOF) is coordinating the creation of a Finnish instant payment solution compatible with European standards. BOF board member and member of the Governing Council of the European Central Bank (ECB) Tuomas Välimäki made
US Congresswoman Vows to Brand Facebook’s Libra a Security Despite Today’s Updates
A United States congresswoman has said that she will keep working to brand Facebook’s planned stablecoin Libra a security.Facebook and the Libra Association may well have to deal with the SECIn an April 16 announcement, Representative Sylvia Garcia (D-TX) denied that recent updates to Libra’s whitepaper had substantively changed the yet-to-be-released stablecoin’s status as a…
Top 5 cryptocurrencies to watch this week: BTC, ADA, SOL, MATIC, KLAY
The U.S. core personal consumption expenditure (PCE) price index increased 0.5% in May, below market estimates of 0.6%. However, when compared year-over-year, the PCE index surged to 3.4% recording its largest gain since 1991.While the U.S. Federal Reserve expects inflation to be transitory, analysts at BofA differ in their estimation. The bank anticipates U.S. inflation…
Solo Bitcoin miner defies odds to mine valid BTC block, gets $150K block reward
Mining a valid BTC block solo is so rare that the event has occurred only 270 times out of the 700,000 blocks produced in the last 13 years. 761 Total views 23 Total shares Own this piece of history Collect this article as an NFTA solo Bitcoin miner has managed to mine the 780,112th block…
Bitcoin ends week ‘on the edge’ as S&P 500 officially enters bear market
Down 20% from its latest peak, the S&P 500 now meets the definition of bear market territory in a warning sign for risk assets everywhere. 1517 Total views 39 Total shares Bitcoin (BTC) struggled to recover its latest losses on May 21 after Wall Street trading provided zero respite.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBTC…