Bitcoin price hits $61K, but investors still prefer stocks and bonds right now
Investors balance risk as Bitcoin futures dip, reflecting uncertainty before the Federal Reserve’s September meeting.
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Why is Bitcoin DeFi blooming? Developers share their insights
Experts say that the lack of base yield and fragmented liquidity have made Bitcoin DeFi a challenging environment to navigate.
IMF recommends eco-friendly CBDCs and non-PoW mechanisms for payments
In addition to eco-friendly components, the IMF recommended central banks to include other features in the CBDCs, such as compliance, higher resilience and offline capabilities. 134 Total views 4 Total shares An International Monetary Fund (IMF) study on energy consumption revealed the importance of design choices within the crypto ecosystem to build an environmentally friendly…
PayPal logs its largest Bitcoin volume since May BTC price crash
The world's leading payment services provider processed $145.60 million worth of Bitcoin trades on the day BTC rallied to its record high of $67,000. 2430 Total views 24 Total shares Bitcoin (BTC) trading volumes on global payment service provider PayPal reached $145.60 million on Oct. 20, just as the benchmark crypto rallied toward its record…
Binance names Richard Teng CEO amid Changpeng Zhao’s forced departure
The house that CZ built will now be helmed by its head of regional markets, as the U.S. Department of Justice has barred the former CEO from his position. 1225 Total views 4 Total shares Binance has named its head of regional markets outside of the United States, Richard Teng, as its new CEO. The
Polygon Discord compromise hits Avalanche, ZKsync hours later
The Discord servers of several high-profile blockchain projects were all hit with similar attacks over the weekend — all sharing links to sham token distribution schemes.
Judge Rules Lawsuit Targeting Multi-Billion OneCoin Ponzi Can Proceed
The judge presiding over a class-action lawsuit targeting the executives behind the OneCoin Ponzi scheme has allowed the case to proceed. 429 Total views 15 Total shares Judge Valerie Caproni lifted the stay on a class-action lawsuit brought against the notorious crypto Ponzi scheme OneCoin 12 months ago.An order signed by the New York District…
Blockchain community busts alleged $20M NFT drop scam before sale completion
Thanks to vigilant crypto enthusiasts, the alleged scammers were stopped dead in their tracks. 238 Total views 4 Total shares Late Wednesday, internet detective and Youtuber Coffeezilla published a new video documenting how himself, along with members of the blockchain community, took down an alleged $20 million nonfungible tokens, or NFT, scam before it could…
DeFi should complement TradFi, not attack it: Finance Redefined
Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you significant developments over the last week.Following FTX’s demise, the DeFi space is up for a complete remodel as crypto users demand better security and compliance practices. SushiSwap’s roadmap for the coming year includes the development…