Centralized crypto exchanges are key for mass adoption, despite FTX collapse

International electrical engineering company ABB has rolled out a blockchain pilot to explore how the technology could promote the role of solar energy in peer-to-peer (p2p) energy trading, technology-focused media outlet PV Tech reported on May 16.To implement the project, ABB collaborated with Italian energy aggregator Evolvere to deploy a blockchain it jointly developed with…

Wylie Aronow said he’s been seeing a number of tweets this week asking when he’s planning to return to the helm at Yuga Labs. Nonfungible token (NFT) entrepreneur Wylie Aronow has confirmed he isn’t ready to return to Yuga Labs, the NFT firm he co-founded, despite making “steady progress” with his health.“I’m not ready to

El Salvador is looking to attract foreign investment by adopting major tax breaks on Bitcoin trading. 1190 Total views 21 Total shares The government of El Salvador will reportedly exempt investors from paying a capital gains tax and an income tax on Bitcoin (BTC), according to a presidential legal counsel.Javier Argueta, a legal adviser to…

In response to a letter from the U.S. calling on Facebook to halt its stablecoin and crypto wallet projects, Diem stated that it “is not Facebook. We are an independent organization” 614 Total views 5 Total shares Stablecoin project Diem has distanced itself from its Facebook in response to Democrat Senators calling for the immediate…

Assetera will provide Europe's first regulated secondary tokenized real-world asset marketplace.

Bullish sentiment returned to the cryptocurrency ecosystem on Oct. 1 after a 10% spike in the price of Bitcoin (BTC) lifted it above the $47,500 level and resulted in the liquidation of more than $270 million in short positions. The altcoin market quickly followed suit with a majority of the tokens in the top 200 registering double-digit…

After the global hash rate of Bitcoin dropped to as low as 84 EH/s in June, the network has since recovered to sit at around 175 EH/s this week. 1024 Total views 35 Total shares The global hash rate of the Bitcoin network tanked to as low as 84 exahashes per second (EH/s) at the start of…

One billion USDT will be transferred to the Ethereum blockchain, while another 20 million USDT will go to Avalanche. 1618 Total views 15 Total shares Following recent developments in the sphere of stablecoins, Tether (USDT) has announced that it’s coordinating a chain swap to transfer USDT assets from Tron’s TRC-20 to Ethereum and Avalanche’s blockchain. In…

Every trader aims to buy low and sell high, but only a few are able to muster the courage to go against the herd and purchase when the downtrend reverses direction. When prices are falling, the sentiment is negative and fear is at extreme levels, but it's at times like these that the inverse head and…