Cardano founder predicts Bitcoin DeFi will dominate crypto within 3 years
Bitcoin is going to go to $250,000 to $500,000 within the next 12 to 24 months, predicted Charles Hoskinson.
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Tether Re-Opens Direct Redemption of Fiat, While Bitfinex Adds Tether-Fiat Trading Pairs
Popular stablecoin Tether has announced 1:1 redemptions of USDT to fiat, while affiliated crypto exchange Bitfinex added two new Tether-fiat trading pairs, according to announcements from both firms Tuesday, Nov. 27.Tether announced the direct redemption of Tether to fiat along with a major redesign of its platform for the verification of new customers.According to the…

Digital marketing will become Web3’s next major use case, says report
The Web3 ecosystem could become the next golden opportunity for digital marketers, with almost 200 companies already “thinking deeply” about how to utilize the Web3 tech stack.On July 25, Web3 marketing analytics firm Safary released a comprehensive report titled The Web3 Growth Landscape 2023.It noted that the 2010s were the “golden age of digital marketing”…

BitMEX co-founder Benjamin Delo avoids jail, receives 30 months probation
Delo was allowed to leave the country to travel to Hong Kong where he is a resident, bringing to a close his part in the legal saga which began in 2020. 40 Total views 6 Total shares Benjamin Delo the co-founder of cryptocurrency exchange BitMEX has been sentenced to 30 months probation for violating the…

ChainLink Price Oracles Dominate DeFi Data-Feeds Amid KyberSwap Integration
Chainlink’s price oracles are quickly emerging as the industry-standard data source for the DeFi sector, with top project Kyber Network integrating the price feeds for its token swaps. 1111 Total views 50 Total shares Chainlink’s price oracles are continuing to see widespread adoption among decentralized finance, or DeFI, protocols, with Kyber Network (KNC) integrating the…

Crypto resonates better with BIS’ vision of ideal monetary system
The report awarded points to the fiat ecosystem for the safety and stability policy while highlighting that “Public oversight has helped achieve safe and robust payment systems.” 227 Total views 5 Total shares In its continued efforts to identify the ideal future monetary system, The Bank of International Settlements (BIS) revealed the edge of the…

XRP Community Is Threatening a ‘Takeover’ if Ripple Execs Keep Dumping
Anger about the negative market consequences of Ripple selling XRP to its clients is prompting token holders to conceive of ever-more ingenious means to fight back.In a tweet published on Aug. 26, Twitter user @CryptoBitlord quipped to his 102,000 followers about his latest scheme for a community effort, writing:“I’m thinking about forking $XRP so we…

Launch a Crypto Exchange in 30 Days: German Firm Offers White-Label Products for Startups
A company says it is combining the power of IT and marketing to deliver high-security, functional and profitable pieces of software that not only work flawlessly, but also sell.CPI emphasizes its software is scalable and geared toward the finance and blockchain industries. The firm offers white-label products that allow businesses to achieve their financial goals…

Digital euro could drain 8% of bank deposits, Morgan Stanley says
Banks in smaller countries like Latvia, Estonia and Greece could be impacted harder by the digital euro, analysts said. 930 Total views 1 Total shares Analysts at the American multinational investment bank Morgan Stanley have estimated the likely changes in eurozone banks’ deposits should a digital euro be widely adopted.According to the analysts, a European…