Coinbase cbBTC token may revolutionize Bitcoin DeFi adoption

Crypto has seen a rise in novel uses of liquidity mining and rewards through protocols like Uniswap, Aave and Compound. More recently, a new crop of DeFi 2.0 protocols such as OlympusDAO, Alchemix and Abracadabra are exploring new ways of operating without giving up token rewards. For all the innovations happening with decentralized systems in crypto,…

The online games and virtual world creator has snapped up 1,717 Bitcoin for $58,226 each as it believes the cryptocurrency offers “long-term stability and liquidity.” 1788 Total views 25 Total shares Major Japanese game developer Nexon has become the latest publicly-listed firm to make a significant investment into Bitcoin.On April 28, Nexon announced it had…

"The judge realizes this is not just about Ripple, this will have broader implications,” Ripple CEO Garlinghouse said. 2470 Total views 8 Total shares The long-standing feud between distributed ledger technology firm Ripple and the United States Securities and Exchange Commission (SEC) is nearing its end, according to Ripple’s CEO.Brad Garlinghouse highlighted the progress made…

The decline in crypto scams and frauds continued, with only $52 million lost in May compared to $59 million the previous year.

After failing to sustain above the resistance of its narrow range, Bitcoin (BTC) fell near a key support on July 18. The consolidation of the past few days seems to be an accumulation phase, according to Glassnode’s Bitcoin Accumulation Trend Score. A similar score was seen during the accumulation phases between November to December and…

A Coinbase user claimed the crypto exchange "boldly flouts federal and state laws" by not completing the proper registration as a securities exchange in the United States. 73 Total views 2 Total shares One user has filed a class-action lawsuit against crypto exchange Coinbase on behalf of account and wallet holders “who have had their…

The immutability of blockchain ledgers and smart contracts have a “dark side,” argues UPenn professor Kevin Warbach. 408 Total views 12 Total shares Blockchain technology crystallizes the rise of “algorithmic power” that today presents a major challenge to traditional forms of sovereignty, legal authority and state-led governance. So goes the argument in a new post for…

Exchange and social network for investors and traders eToro has launched its cryptocurrency trading services in the United States, according to a press release shared by the company with Cointelegraph on March 7.The exchange, which — per the release — has over 10 million registered users, will start facilitating the trade of 13 unspecified crypto…

XRP (XRP) price booked an incredible 100% gain on the same day as the landmark ruling in the XRP securities case, but buyers are now struggling to hold on to these gains. The price surge came after judge Analisa Torres of District Court of the Southern District of New York ordered that XRP sale to retail…