Crypto remittances in Venezuela surge as economic situation worsens
Sanctions from the United States, spiraling inflation and government corruption have created an economic nightmare for Venezuelans.
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Cream Finance launches $1.5M bug bounty to improve DeFi security
With a new security campaign, Cream Finance looks to minimize vulnerabilities. 814 Total views 10 Total shares Decentralized lending protocol Cream Finance is backing another major effort to improve the security of decentralized finance.On Tuesday, Cream Finance announced a new security campaign in collaboration with several DeFi platforms like Immunefi, Armor and DeFiSafety to bring…

European Council approves two digital asset proposals
A framework for digital assets in Europe is moving ahead in the labyrinth of the European Union. 385 Total views 18 Total shares The European Union's planned framework for regulating cryptocurrencies is one step closer to becoming official. On Wednesday, the European Council, which guides the EU's political agenda, announced its position on the Markets…

Double bubble? Terra’s defunct ‘unstablecoin’ suddenly climbs 800% in one week
Terra's $40-billion experiment to create a functional "algorithmic stablecoin" project has failed drastically following its collapse in May. Nonetheless, its native stablecoin TerraClassicUSD (USTC), earlier called TerraUSD (UST), has been thriving in the past week.Dead stablecoin walkingTo recap, UST lost its U.S. dollar peg in May following mass withdrawals from Anchor Protocol, a lending and borrowing…

FTX debtors can issue subpoenas to company ‘insiders’, says court
The list of FTX insiders included former CEO Sam Bankman-Fried, former Alameda Research CEO Caroline Ellison, FTX co-founder Gary Wang, and members of SBF’s immediate family. 42 Total views 1 Total shares Own this piece of history Collect this article as an NFTThe judge overseeing crypto exchange FTX’s bankruptcy case has granted a motion allowing…

Analyst: Half of Crypto’s Top 10 Assets ‘Absolutely Do Not Deserve’ to Be There
The co-founder of crypto research house Blockfyre suggested that five of the top ten cryptocurrencies by market cap did not deserve to be there. 684 Total views 13 Total shares Simon Dedic has beef with crypto rankings. The co-founder of crypto research house Blockfyre specifically suggests that five of the top ten cryptocurrencies by market…

Major Players Use Blockchain to Streamline Agribusiness’ Creaking Supply Chain
Agriculture is proving to be one of the most promising sectors for the growth and implementation of blockchain technologies. The mammoth industry suffers from a number of endemic issues. Agricultural trade relies on complex relationships between farmers and retailers, as well as convoluted supply chain procedures which can complicate payments and product providence. As demand…

Crypto Booking Service Sees 33% Boost After Partnership With Booking.com
Cryptocurrency-accepting booking service Travala has seen its revenue for the month of December go up by over 33.5% month-on-month following a partnership with Booking.com.According to a post published on the firm’s official blog on Jan. 1, Travala has also seen the total monthly number of accommodation nights booked through the service reach 1,528 in December,…

Ethereum lacks a 'simple one-liner' elevator pitch for boomers — Analysts
While Bitcoin is often marketed as "digital gold," Ethereum hasn't quite found its simple elevator pitch yet, according to crypto analysts.