Consensys decentralized Infura launches as EigenLayer AVS
The decentralized Web3 marketplace will leverage EigenLayer’s infrastructure to improve accessibility and reduce development costs.
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DeFi protocol BENQI hits $1B TVL days after launching
Total value locked across DeFi is fast approaching record highs again, suggesting that crypto is in the second leg of its bull market. 106 Total views 2 Total shares Liquidity market protocol BENQI has reached $1 billion in total value locked, or TVL, less than a week after launching on the Avalanche (AVAX) network, a…
Galaxy Digital CEO ‘wouldn’t be surprised’ if Bitcoin hit $30K this quarter
Recent positive Bitcoin price action has been linked to a slowdown of U.S. inflation, Mike Novogratz thinks the price rally could sustain until the end of March. 960 Total views 5 Total shares Own this piece of history Collect this article as an NFTGalaxy Digital Holdings CEO, Mike Novogratz, believes there's a chance Bitcoin (BTC)…
Int’l securities body IOSCO prepares crypto regulation report for 2023
The International Organization of Securities Commissions shared its vision of stablecoin arrangements, decentralized finance and “finfluencers.“ 294 Total views 3 Total shares Own this piece of history Collect this article as an NFTThe International Organization of Securities Commissions (IOSCO) will launch a consultation for its regulation report on crypto assets in Q2 2023. The final…
Celsius to Begin Offering Compounding Interest on Crypto Deposits
Cryptocurrency lending and borrowing platform Celsius announced that it would be implementing compounding interest on cryptocurrencies deposited in its wallet, starting Feb. 1. The announcement came with a number of other updates in a Twitter AMA (ask me anything) with founder Alex Mashinsky on Jan. 22.Compounding interest was a feature requested by the Celsius community,…
Bahrain central bank licenses Sharia-compliant crypto exchange
Bahrain-based crypto exchange CoinMENA acquired a major license ahead of its launch in several countries including the UAE and Saudi Arabia. CoinMENA, a soon-to-launch cryptocurrency exchange headquartered in the Kingdom of Bahrain, has obtained a license from the Central Bank of Bahrain, or CBB.The newly acquired “Crypto Assets Services Company License” allows CoinMENA to operate…
Chinese Authorities Confiscate Nearly 7,000 Crypto Mining Machines
Chinese authorities have seized nearly 7,000 crypto mining machines, illegally consuming electric power, local news outlet CCTV reported on Dec. 22.The cryptocurrency mining confiscation came as part of an inspection of more than 70,000 households, 3,061 merchants, 1,470 communities, as well as factories, mines, courtyards and villages in the Kaiping District of Tangshan city. The…
Bitcoin price hits $36,800 shortly after Ethereum closes above $1,500
Bitcoin bulls pushed BTC price through a key resistance level just a few hours after Ethereum closed above $1,500. 1298 Total views 8 Total shares On Feb. 2 Ether (ETH) saw its price breakout to a new all-time high at $1,555 as increased activity in the derivatives market provided clear signals that traders were bullish…
Elon Musk slams NFTs but ends up arguing the case for Bitcoin Ordinals
Elon Musk argued that NFT projects “should at least encode the JPEG in the blockchain,” to the delight of many Bitcoiners. 826 Total views 4 Total shares While publicly mocking non-fungible token (NFTs) during a podcast, Tesla CEO and billionaire Elon Musk appears to have inadvertently highlighted the case for Bitcoin Ordinals, also known as