Bolivia continues crypto momentum as bank launches USDT custody

The past week in the decentralized finance (DeFi) ecosystem saw many new developments from an adoption perspective and protocol developments. The European Commission added a new chapter on DeFi, showing the growing impact of the nascent ecosystem, while a county in the United States State of Virginia wants to put its pension fund in a…

Another dog-themed crypto token comes into the limelight as the Solana memecoin frenzy continues. 178 Total views 5 Total shares The Solana (SOL) memecoin frenzy continues as a trader turns $226,000 into well over $1.6 million by gambling on a token with a beanie-wearing dog as its mascot. Between Dec. 13 and Dec. 15, a crypto

Cardano founder Charles Hoskinson predicts that the DeFi revolution will take place in the developing world. 830 Total views 19 Total shares Charles Hoskinson predicts that the Decentralized Finance sector will acquire 100 million users within the next three years by tapping into the developing world's market potential.“Who's actually going to do peer-to-peer loans? Who's…

The mining equipment firm, scheduled to go public via Nasdaq later today, is preparing for a massive expansion. 663 Total views 20 Total shares Major Chinese Bitcoin (BTC) mining equipment maker Ebang, which is reportedly getting listed on Nasdaq Global Market later today, is planning to expand its business by setting up a cryptocurrency exchange…

A recent article by a Cointelegraph Markets contributor proclaimed that “Bitcoin is the ‘new’ Apple,” explaining just how Bitcoin’s (BTC) price could reach $60,000 by 2023: “Bitcoin hangs near the chasm of the adoption curve, and its price looks similar to Apple’s stock in 2008 before it broke out with a 520% rally.” The technology adoption…

22% of the entire Bitcoin supply was transacted in 24 hours as the price broke through $12,000. 2142 Total views 2 Total shares As Bitcoin's (BTC) price broke through resistance at $12,000, its on-chain transfer volume exceeded 4 million and set a 14-month record high.Source: Glassnode.Unlike exchange volume, on-chain metrics cannot be easily faked or manipulated.…

Bangladesh is now on the blockchain map. 1408 Total views 22 Total shares Standard Chartered PLC,  a British multinational banking and financial services company headquartered in London, England, has successfully leveraged blockchain technology to conduct Bangladesh’s first blockchain trade transaction, according to Newage on August 16. The Standard Chartered bank issued a Letter of Credit (LC)…

The trading platform agreed to pay $1.5 million as part of the settlement with the SEC.