Bitcoin carves out a bottom, opening the door for KAS, MKR, AR and NOT to rally

Traditional financial institutions take deposits from customers and use them to make loans. But they loan out much more than what they have in store at a given point in time — a concept known as fractional banking. On one hand, the difference between the interest on the loans and the interest paid to depositors…

Kakao wants to keep up with the enterprise blockchain competition in Asia as it eyes expansion to Singapore. Singapore is reportedly the next port of call for Kakao’s globalization agenda for its legacy blockchain platform Klatyn.According to a report by The Korea Herald on Monday, Kakao has established two new blockchain-based entities — the Klatyn…

The launch of a new 'censored' mining pool has some Bitcoiners worried its a harbinger of things to come. 826 Total views 11 Total shares Blockchain analytics platform BlockSeer has launched the private beta version of a new Bitcoin (BTC) mining pool (Blockseer Mining Pool) that censors transactions from blacklisted wallets.The pool will use BlockSeer…

As of June 4, six stablecoins — Tether (USDT), Gemini Dollar (GUSD), HUSD (HUSD), PAX Gold (PAXG), TrueUSD (TUSD) and USD Coin (USDC) — have had a total of more than 10,000 minting transactions so far in 2020, totaling $8 billion, with USDT issued on the Ethereum blockchain dominating the stablecoin landscape. The major stablecoin…

Ethereum block statistics show that the average number of blocks mined each day showed little to no change, while the total block size per month increased by 7%. 228 Total views 3 Total shares Own this piece of history Collect this article as an NFTStepping into 2023, the cryptocurrency market seemingly shrugged off the year-long…

The saga continues... After the original Yam Finance protocol collapsed due to a single line of code, its developers are planning to relaunch the project on new, audited smart contracts.In a blog post published on Friday, the developers outlined a migration plan that will see the already existing tokens get transferred on a new smart…

UBS has joined the phalanx of banks expressing concern over their customers investing in digital assets. 596 Total views 3 Total shares Swiss multinational investment banking giant, UBS, has warned its clients that crypto assets cbe unsuitable for professional investors if regulatory pressure continues.In a note sent to clients last week, the global wealth management…

The Chinese central bank sets up a “coordination mechanism” with state agencies to continue battling crypto. 6198 Total views 25 Total shares The Chinese government is getting more serious about cracking down on the cryptocurrency industry as state authorities are bringing forces to combat crypto operations in the country.The People’s Bank of China (PBoC) officially…