Bitcoin exchange reserve metric hits 3-year low

Decentralized finance, more commonly known as DeFi, is quite complicated. Even the heads of DeFi companies seem unable to define the sector in a few sentences. So, here’s another attempt: DeFi is a financial ecosystem, in which it is possible to build tools, services and smart contracts and then bond them together on a blockchain,…

All crypto exchanges must register with IIROC if they want to operate in Canada, and there is currently a backlog of applications. 181 Total views 5 Total shares

Scott Robinson, the founder of Apex146, found new opportunities for his sports analytics platform by integrating blockchain technology. 509 Total views 3 Total shares Skill sets gained from working on trading strategies, technology, data science and a personal passion for motorcycle racing made Scott Robinson launch a sports analytics platform. With a bit of blockchain…

On July 11, fraudsters hacked into digital payment platform Cashaa’s over-the-counter desk, which serves Indian customers, and stole 336 Bitcoin (BTC), worth approximately $3.1million. Although Cashaa stated that there have been no users affected by this hack, they did put a hard stop on all crypto-related transactions for 24 hours to understand the incident better.Cashaa…

The CEO of the blockchain advisory unit of Swiss state-owned telecommunications company Swisscom has unexpectedly left the firm, according to a press release on Swisscom’s website, Jan. 30.As major local news outlet Swissinfo reported the same day, news of Daniel Haudenschild’s reportedly sudden departure from Swisscom Blockchain came just a day before the executive accepted…

The Autorité de Contrôle Prudentiel et de Résolution concluded its consultation on the regulation of DeFi. 223 Total views 5 Total shares On Oct. 12, the Autorité de Contrôle Prudentiel et de Résolution (ACPR), part of the French Central Bank, published a summary of its public consultation on a regulatory framework for decentralized finance (DeFi).The

Bitcoin price (BTC) is continuing its bull run June 9 after another 24 hours of upside propelled markets to nearly $13,000.Market visualization courtesy of Coin360Data from Coin360 painted a rosy picture for cryptocurrency traders, with bitcoin still leading the way in terms of daily gains. At press time, BTC/USD was up 11% versus Monday on $12,666.…

The bank still claimed that government bodies and regulators in India are both “skeptical” and “apprehensive” about crypto. 2500 Total views 16 Total shares Less than a year after the Indian supreme court overturned the Reserve Bank of India’s ban on crypto businesses, and the bank’s position on digital assets is looking slightly more bullish.According…

Cryptocurrency custody solutions have become a big business over the last few years. Independent storage and security systems meant to hold large quantities of crypto on behalf of clients can bring in institutional capital and retail investors waiting on the sidelines simply because they remove a major fear: losing access to funds that become unrecoverable.Because…