Block Earner spared penalty in regulator’s crypto yield suit
The Australian federal court relieved Block Earner from paying a penalty after an Australian regulator’s legal action over unlicensed crypto yield-bearing products.
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Bitcoin’s (BTC) mining difficulty has reached an all-time high, demonstrating the increasing competition for block rewards between miners, data from Blockchain.com revealed on June 27.Mining difficulty, which adjusts to the network hash rate every 2016 blocks, hit 7.86 trillion, a new record, surpassing the previous peak in October 2018. Hash rate itself, which set new records…
Bitcoin price clings to $32K as on-chain metrics hint at further downside
Cryptocurrency investors awoke to another round of price declines on June 22 after the price of Bitcoin (BTC) dropped to a 6-month low at $28,805. The dip below the crucial $30,000 level might appear to be a prime buying opportunity but data shows that institutional investors are continuing their longest selling streak since February 2018.Data…
Qatar exploring digital banks and central bank digital currencies
The central bank is expected to set a direction for its future focus soon, particularly on various fintech verticals. 59 Total views 4 Total shares The Qatar Central Bank (QCB) is reportedly investigating the possibility of launching a digital currency and issuing digital bank licenses. According to the head of the fintech section at QCB, Alanood…
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Curve Finance launches 'Savings crvUSD' yield-bearing stablecoin
Ensuring that decentralized finance platforms and networks do not remain siloed is a key hurdle for DeFi applications to overcome.
3 reasons why analysts are turning bullish on Curve Finance (CRV)
Choppy markets after a major pullback offer ample time to take a survey of the cryptocurrency landscape and find solid projects with improving fundamentals that have caught the attention of analysts and tokenholders. One project that has piqued the interest of many, including researchers at Delphi Digital, is Curve Finance, a decentralized exchange for stablecoins that…
Stablecoin holdings on crypto exchanges hit a new all-time high
Stablecoins like Tether are flooding crypto exchanges again, potentially pointing at another upward move on crypto markets. 4568 Total views 15 Total shares Amid renewed bullish action on cryptocurrency markets, stablecoins like Tether (USDT) are flooding exchanges to hit a new historical high in terms of allocation.According to market data provider CryptoQuant, stablecoin holdings on global…