Coinbase wrapped Bitcoin deploys on Solana, aimed at growing DeFi market

Data suggest Bitcoin’s price drops at each new all-time high are the result of “mega whales” selling into liquidity. 1278 Total views 10 Total shares Bitcoin price has re-established the $40,000 level as support but as bull push toward a new all-time high the possibility of another sharp sell-off looms.According to analysts at Material Indicators,…

Shytoshi Kusama, the co-founder of the SHIB token, said the bridge was fixed with the help of Polygon Labs co-founder Sandeep Nailwal. 348 Total views 2 Total shares Shibarium, a new layer-2 blockchain for Shiba Inu (SHIB) has surpassed 100,000 wallets on its platform with 35,000 coming within 24 hours of Shibarium's relaunch on Aug.…

Major U.S. consulting firm Boston Consulting Group (BCG) has released an in-depth report August 16, which it dubs a “reality check” for the use of blockchain in the commodity trading industry. For commodities trading, BCG argues that there is a strong argument for using blockchain, while taking stock of “significant drawbacks on several fronts.” The…

A major bank in Kazakhstan has completed its first purchase of crypto for fiat and the president is ready to approve exchange activities. 475 Total views 20 Total shares Kazakhstan is ready to legalize a mechanism for converting cryptocurrencies to cash if there is demand, said President Kassym-Jomart Tokayev, per local news agency Informburo on…

A top Russian official has reportedly claimed that the BRICS alliance is working on creating its own currency. 1581 Total views 10 Total shares Own this piece of history Collect this article as an NFTA new world order could be emerging as economic powerhouses increase their efforts to distance themselves from US dollar hegemony.According to…

The Financial Intelligence Unit (FIU) of South Korea's Financial Services Commission has revealed plans to bring cryptocurrency exchanges under its direct regulation.On August 7, Business Korea reported on the FIU’s decision to shift away from its current practice of regulating crypto exchanges indirectly by providing administrative guidance to domestic banks.A shift away from indirect regulationIn…

A test of support levels is on the cards after resistance takes control of Bitcoin's latest attempt to hit $40,000. 333 Total views 1 Total shares Bitcoin (BTC) faced fresh losses on July 1 as attention focused on an impending test of an important  support zone. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewNo price breakout for…

A hacker apparently so thrilled by a successful theft left behind over $1 million in a smart contract that was set to destruct, permanently ensuring the crypto could never be moved. 787 Total views 4 Total shares In a rare comedic bungle among DeFi exploits, an attacker has fumbled their heist at the finish line…