Bitcoin avg transaction fee rises 937.7% in 24 hours
Bitcoin transaction fees surged nearly 940% on Aug. 22, reflecting heightened network demand and pressure on users.
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Tether moves to combat child abuse content marketplaces
Tether set to collaborate with anti-child-abuse network INHOPE to help the industry combat child abuse material marketplaces. Own this piece of history Collect this article as an NFTTether aims to increase visibility and mitigate controls of cryptocurrency payments used in child abuse content marketplaces through a collaboration with INHOPE. The stablecoin operator will work with INHOPE,…
DeFi for financial services: Alex Tapscott’s ‘Digital Asset Revolution’
Decentralized finance (DeFi) has massive potential to transform traditional financial services. Data from Emergen Research recently found that the global DeFi platform market size is expected to reach $507 billion by 2028. Moreover, the total value locked within DeFi currently exceeds $75 billion, demonstrating fast-paced growth compared to previous months this year.Yet, DeFi’s potential may still not be realized by business…
Crypto Lending Firm BlockFi Adds Support for Wire Transfers to Buy Crypto
Cryptocurrency lending platform BlockFi has added support for cash on its platform, which enables customers to purchase crypto through wire transfers.The company revealed the new option in a press release on March 10, detailing that its users can now send wires transfers to BlockFi to buy digital currencies and earn up to 8.6% annual percentage…
Art in orbit: Kevin Abosch takes NFTs to the stars
A new project will leverage a satellite to study climate change and create and distribute NFTs. 2309 Total views 14 Total shares The phrase “NFTs are going to the stars” gets a new meaning today as Irish conceptual artist (and one of Cointelegraph’s Top 100 in Blockchain 2020) Kevin Abosch has announced the planned launch…
Crypto firm Exmo exits Russia and Belarus by selling part of its business
Russia-linked crypto exchange Exmo will no longer provide services to users from Russia, Belarus and Kazakhstan. 178 Total views 10 Total shares London-based cryptocurrency exchange Exmo is the latest crypto trading platform to formally suspend its business in Russia and Belarus due to Russia’s invasion of Ukraine.Exmo is selling its digital asset business in Russia…
Bitcoin miner Core Scientific strikes $3.5B AI partnership
Core Scientific expects that its AI collaboration with CoreWeave will generate $3.5 billion over 12 years from renting out 18% from its infrastructure.
‘No single digital currency will dominate the world’ Bank of Japan now says
Japan's policymakers appear disconcerted by the advancement in China's CBDC iniative. 1632 Total views 25 Total shares There appears to be a disagreement within the top echelons of Japan’s government on the threat that China’s CBDC poses to the nation. Just last week, Kenji Okamura, vice-finance minister for Japan’s international affairs voiced concerns over its…
Fidelity International launches Bitcoin ETP on Deutsche Boerse
The financial services company reportedly said it planned to have the same Bitcoin ETP listed on the SIX Swiss Exchange in the coming weeks. 313 Total views 2 Total shares Major financial services firm Fidelity International will be listing a Bitcoin exchange-traded product on the SIX Swiss Exchange and Germany’s Xetra digital stock exchange.According to…