Binance Labs ventures into DeSci with BIO Protocol investment
The decentralized science DAO supports healthcare efforts that might otherwise not attract sufficient funding and gives stakeholders a say in their management.
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The Bitcoin revolution: The new ‘Bank of England’ is ‘no bank at all’
As one of the first countries to industrialize in the 1760s, Britain’s manufacturing revolution instigated one of the greatest practical and ubiquitous changes in human history. But even more extraordinary than the cultural shift itself, is the fact that Britain’s industrialization remained way ahead of potential competition for decades. Only in the early 1900s did…
Stablecoins Backed by Precious Metals — How Do They Work?
Cryptocurrencies are constantly subject to exchange rate fluctuations and are characterized by high price volatility. For making crypto money more useful and more stable, a special type was created: stablecoins.Related: Stablecoins, ExplainedStablecoin is a cryptocurrency whose value is tied to some valuable asset. This asset could be fiat money, precious metals like gold and silver,…
Monthly NFT buyers dip below 800K as searches ‘fall off a cliff’
There were 796,009 NFT buyers on secondary markets in Feb, accounting for roughly $2.6 billion worth of sales. The figures mark significant declines compared to the record month before. 501 Total views 34 Total shares The unique number of NFT buyers in February dipped below 800,000 for the first time since October, and search volume…
Ethereum bulls enticed by $1,750 support and lack of ETH liquidations
As Bitcoin price dropped below $55,000 on March 15, Ether (ETH) pulled back to confirm the $1,750 level as support. This signals optimism from professional traders despite the 12% drop that occurred after Ether price peaked at $1,950 on March 13.While Ether may be bullish from the price perspective, recent news surrounding the protocol hasn't…
Kasikornbank launches first licensed Thai digital asset custodian
The new custody service will be just the latest in the bank's new digital asset and AI activities.
Price analysis 3/28: BTC, ETH, BNB, XRP, ADA, LUNA, SOL, AVAX, DOT, DOGE
Bitcoin (BTC) and several altcoins surprised many with their newfound strength during the weekend. Bitcoin’s rally easily sliced through the $45,900 level, which according to Glassnode was an area of resistance because several investors had purchased near that level when Bitcoin was declining after hitting its all-time high in November.Bitcoin’s strength may have attracted buying…
Blockchain-based agri-commodity trading to tap world’s largest wheat market
Blockchain will streamline trade from Europe’s grain belt. 822 Total views 18 Total shares Following two years of pilot testing, a blockchain trade and financing platform for global agricultural trading has seen its commercial rollout from Swiss developer Cerealia SA.The launch follows extensive prelaunch trial implementation with firms from Algeria, Brazil, Dubai, Japan and Ukraine.…
CPI report may show uptick in US inflation — How will Bitcoin price react?
The S&P 500 index is currently trading only 6% below its all-time high, which was reached in January 202. Traditionally, such a situation would be seen as a bullish sign for risk-on assets, including commodities and cryptocurrencies, but this time, it appears that investors have been using the stock market as a means of protection…