Dormant Bitcoin wallet moves $536M after over 5-year hiatus

It is no longer news that decentralized finance provides crypto holders with a myriad of opportunities to earn passive income. While this is a known fact, I believe that it does not tell the whole story.Although DeFi’s narrative has successfully captured the attention of crypto investors, there are not enough educational materials out there that…

Bittrex has adopted a similar approach to Coinbase, aligning its arguments closely with those made by the larger cryptocurrency exchange. Bittrex, a cryptocurrency exchange, has made a notable move in its legal dispute with the United States Securities and Exchange Commission (SEC) by submitting a motion to dismiss the lawsuit filed against it.In its recent…

Merchants can now accept payments made through USDC and convert the funds directly into fiat currency. 187 Total views 2 Total shares Global payment processor Checkout.com has launched a new stablecoin settlement system that will allow merchants to process crypto payments from their customers in real time — potentially widening the use cases of stablecoins…

The U.S. Financial Industry Regulatory Authority delivered its biggest financial penalty against the trading app on Wednesday, and Robinhood still reportedly faces scrutiny from the SEC regarding its business practices. Stock and cryptocurrency trading app Robinhood has filed an application with the U.S. Securities and Exchange Commission for an initial public offering.In a Form S-1…

In the year since the COVID-19 pandemic first disrupted almost every aspect of our lives, many things have happened within the crypto ecosystem around the world. So, what has the past year been like for crypto in Venezuela?Even before 2020, Venezuela already had a number of businesses that accepted various cryptocurrencies as payment; however, considerably…

The seed round was led by Upfront Ventures with participation from Multicoin Capital and Polygon Technology. 225 Total views 9 Total shares Web3 gaming protocol Heroic Story raised $6 million in a seed round led by Upfront Ventures with participation from Multicoin Capital and Polygon Technology, the company announced on Nov. 17.The funds will be…

Crypto advocates celebrate wins, the Treasury and SEC seek to introduce crypto-unfriendly rules, and governments rush to levy digital asset taxes. 212 Total views 2 Total shares Every global event or major political crisis these days can trigger a digital asset-related conversation. As China welcomes the world’s top athletes to the Beijing 2022 Winter Olympics,…

Cryptocurrencies like Bitcoin are the best form of money, Binance’s CEO says. Changpeng Zhao, the CEO of the world’s largest cryptocurrency exchange Binance, said that decentralized finance is here to stay despite many DeFi projects showing signs of being in a bubble.In a Nov. 17 interview with Russia’s news agency RBC, Zhao argued that “a…

The Reserve Bank of India (RBI) is pausing its plans to release a digital currency, Indian business news outlet the Hindu Business Line reported on Jan. 1.India’s central bank had originally announced its intentions to consider a central bank digital currency (CBDC) in April of this year, at the time noting the establishment of an…