Ethereum L2s surpass record $51B TVL after 205% yearly growth

For the past few days, Bitcoin price (BTC) has ranged between $7,400 to $7,100 and it seems bears are keen to push the price back below $7,000 before this week closes. Earlier in the week, MATIC made headlines after dropping more than 60% in the span of a few minutes and a few other Binance IEO…

Two South Korean government ministries have launched a blockchain pilot for port logistics innovation, according to a press release from the country’s Ministry of Science, ICT and Future Planning (MSIT), published Dec. 18.MSIT, together with the Ministry of Oceans and Fisheries, are reportedly testing whether the technology can make Korea’s container shipping industry more efficient.…

Industry experts say that the current scheme is stifling domestic innovation in the virtual currency sector. 368 Total views 7 Total shares According to local news outlet Yomiuri, Japan's Financial Services Agency is considering amending the virtual currency taxation system for corporate entities ahead of the country's 2023 tax reform. The proposed change includes removing…

Opera users in the United Kingdom can now purchase cryptocurrency directly via bank accounts or digital banking app Revolut. 865 Total views 9 Total shares Opera, a popular web browser, continues to expand its cryptocurrency integration by extending crypto wallet top ups to the United Kingdom.After introducing the service to the United States and some…

Paying with crypto has long been at the center of the discussions of why cryptocurrencies exist and why they are useful.But despite promising growth and excitement during crypto’s bullish phases, payments with crypto still remain a fringe niche at best. Cointelegraph interviewed both merchants and industry leaders to find out why.Who uses crypto today?As a…

The price of Bitcoin (BTC) has seen a great week with a surge to $11,700. After two months of consolidating inside a range, the price of Bitcoin finally broke through the psychological barrier of $10,000 and currently faces the final hurdle before the bull market can start. Most often, people become bullish once they see green…

The government of South Korea’s Gyeongbuk province has launched a “Blockchain Special Committee” with the goal of creating a blockchain hub in the region, local media outlet Daily News reported Nov. 14.North Gyeongsang Province, also known as Gyeongbuk, plans to create a blockchain hub, inviting 40 domestic and foreign experts in the industry to consult…

Columbia University isn’t quite ready to jump into crypto, but those in charge of its endowment are definitely following the industry’s developments. 309 Total views 7 Total shares Columbia Investment Management Company president and CEO Kim Lew thinks that cryptocurrencies are here to stay. “I think it will have profound effects,” she said in a recent interview,…