Crypto funding drops 20% in Q3 due to ‘barbell market’ — Galaxy Digital
Bitcoin and low-cap, high-risk memecoins led the crypto market in the third quarter leading venture capitalists to overlook mid-tier projects.
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Pornhub Adds Tether Stablecoin as New Crypto Payment Option
Adult entertainment website Pornhub has added a new cryptocurrency payment option after PayPal had abruptly stopped servicing its models in late 2019.According to a Jan. 23 blog post, Pornhub now supports Tether (USDT) — a major United States dollar-pegged stablecoin — to allow instant and zero-fee payments via the crypto wallet and browser extension TronLink.Pornhub…
BOE governor trashes crypto, stablecoins in favor of ‘enhanced digital money’
A retail CBDC or “enhanced” digital money would support the singleness of money and settlement finality, Andrew Bailey said, but crypto isn’t money. Andrew Bailey, a Bank of England (BOE) governor, delivered a speech July 10 in which he moved smoothly from the central bank’s efforts to control inflation and maintain public trust in financial institutions to…
Shiba Inu (SHIB) DEX ShibaSwap surpasses $1B TVL 24-hours after launch
24-hours after launching, SHIB’s new ShibaSwap DeFi platform surpassed $1 billion in total value locked and it is raising fees on the Ethereum network. 881 Total views 5 Total shares Dogecoin (DOGE) has proven to the world that even a project that started as a joke can gain value and notoriety in the cryptocurrency space.…
Bank of Thailand’s CBDC Project Prototype Is Being Finalized by R3 and Wipro
Blockchain consortium R3 and global IT leader Wipro Limited have developed a blockchain solution prototype to enable digital currency for interbank settlements in Thailand, according to a press release from May 7.The release states that the solution will be used by the country’s central bank, the Bank of Thailand (BoT), and eight local commercial banks…
Bitcoin Floats Around $7,100 as Top Altcoins See Slight Growth
Sunday, Dec. 15 — most of the top 20 cryptocurrencies are reporting slight growth on the day by press time, as Bitcoin (BTC) hovers around the $7,100 mark again.Market visualization courtesy of Coin360Bitcoin price is currently up by 0.28% on the day, trading at around $7,097 at press time, according to Coin360. Looking at its…
Ripple applies for crypto license in the United Kingdom
Ripple applied for a registration as a crypto asset firm with the United Kingdom's Financial Conduct Authority (FCA) after its partial win against the U.S. SEC. 564 Total views 8 Total shares Payment protocol Ripple has recently applied for a registration as a crypto asset firm with the United Kingdom's Financial Conduct Authority (FCA), a…
Proof-of-Ink to boost Web3 adoption, Fed rate cut could spur DeFi summer: Finance Redefined
Gavin Wood introduced a major infrastructure development for Web3 citizenship, while Hashkey’s CEO forecasted a resurgence in the DeFi market driven by lower interest rates.
Tesla Stock Now Looks Exactly Like Bitcoin at $20K in 2017
Bitcoin (BTC) hit all-time highs of $20,000 in December 2017 before retracing — but another stock is now echoing its journey to an almost identical degree.Data from markets collated by crypto venture capitalist Mike Novogratz on Feb. 3 shows that Tesla stock ($TSLA) is currently closely mimicking Bitcoin from 2017.$TSLA hits record levelsPlacing BTC/USD from…