Bitcoin L2s help crypto miners in Asia supplement income with staking

Layer-one blockchain networks like Bitcoin (BTC) and Ethereum (ETH) form the foundation of the cryptocurrency ecosystem and enable smart contract functionality that has allowed the creation of new industries like decentralized finance (DeFi) and nonfungible tokens (NFT).Avalanche (AVAX) is a relatively new layer-one solution that has recently seen a significant increase in price and adoption…

Some Russian banks have been increasingly concerned about the potential implications of the digital ruble after the first pilots started in August. 117 Total views 3 Total shares Central bank digital currencies (CBDC) and blockchain technology are likely to displace traditional banks, according to a lawmaker in Russia.Anatoly Aksakov, head of Russia’s parliamentary financial committee

Cryptocurrency markets have been trading within an unusually tight 5% range since March 17 as conflicting forces continue to pressure the sector. Consequently, in the past 7 days, the total market capitalization gained 3.8%, which was driven mainly by Bitcoin's (BTC) 3.6% price increase and Ether's (ETH) 5% gain.Total crypto market cap in USD, 12-hour.…

Total value locked in decentralized finance has hit another milestone, but DeFi proponents would do well to look beyond the effects of the bull market on the gross metric. 1945 Total views 12 Total shares The total value locked in decentralized finance — a measure of the total value of assets committed to the DeFi…

The asset class volatility still poses a challenge to money managers, noted JPMorgan's head of institutional portfolio strategy. 238 Total views 8 Total shares Ho-ho-ho! Get Limited Holiday Trait!Collect this article as NFTBig institutional investors are still largely staying away from the crypto market, as the asset class' volatility poses a challenge to money managers,…

In a recent Cointelgraph interview, Ethereum co-founder and Cardano founder Charles Hoskinon said that he believes that Adam Back “checks all the boxes” as a Satoshi Nakamoto candidate.The puzzle of Satoshi’s true identity never seems to get old. Although Hoskinson admits that he does not have any hard evidence connecting the Blockstream’s founder to the…

Blockchain and artificial intelligence firm Animoca Brands Corporation Limited has entered into a partnership with sports management company Dorna Sports, S.L. to develop a blockchain-based MotoGP manager game.Per a press release shared with Cointelegraph on Sept. 26, Animoca Brands completed a strategic capital raise of A$1 million ($677,600) from a group of investors, including Moses…

The popular DeFi app Celsius Network has publicly launched a $15 million equity offering, selling out over two-thirds of its target in less than six hours. 917 Total views 28 Total shares Pioneering decentralized finance (DeFi) application Celsius Network has launched an equity offering through Bnktothefuture.As of this writing, the campaign has raised over $10.7…

Bitcoin (BTC) recovered more swiftly from its bear cycles than Amazon did during the boom and bust of the dot com era, data from crypto analytics firm Messari reveals.Bitcoin’s 2019 breakout ‘extremely bullish’ by comparisonFellow industry analytics firm Ceteris Paribus shared Messari’s findings in a tweet on July 17:“The latest $BTC cycle mirrors $AMZN during the dot-com…