Everything Bitcoin: L2s see wave of adoption, but security needs to catch up

Dubai-based cryptocurrency exchange ByBit rolls out cryptocurrency lending service, joining a handful of major exchanges that offer interest-bearing lending facilities. 278 Total views 4 Total shares Own this piece of history Collect this article as an NFTCryptocurrency exchange ByBit is the latest major platform to roll out an in-house cryptocurrency lending service for users.The Dubai-based…

The MicroStrategy CEO sees Ethereum as a serious competitor to the financial industry. MicroStrategy chief Michael Saylor has room in his heart for other cryptocurrencies aside from Bitcoin, the billionaire revealed on an episode of CNBC’s Fast Money, in which he aired his views on the industry and where he sees things going in the…

Dapper Labs’ head of partnerships said pro sports leagues have opened to their arms to NFTs amid the sector's booming growth this year. 130 Total views 9 Total shares Dapper Labs, the firm behind NBA Top Shot, said that pro sports leagues are no longer resistant to exploring nonfungible tokens (NFTs) now that the sector…

The pilot program will run through 2023 with the intent of demonstrating blockchain utility to the general public. 336 Total views 1 Total shares Banco de la República, Colombia’s central bank, is partnering with Peersyst and Ripple to pilot blockchain technology on the XRP ledger. The Ministry of Information and Communications Technologies (MinTIC) in Colombia will…

Can this project provide scalability without sacrificing security? BitMex's 100x Group has awarded its last Bitcoin development grant of the year. The company has awarded a grant valued at $40,000 to Calvin Kim for his Bitcoin scalability solution, Utreexo — a project originally created by Tadge Dryja from the MIT Digital Currency Initiative.Bitcoin's protocol checks…

Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.

In the previous weeks, the majority of the cryptocurrencies have seen a massive crash. Losses of 50-80% have been witnessed in the markets, particularly affecting the DeFi space.The major losers in the previous weeks were Curve DAO Token (CRV) and SushiSwap (SUSHI). Next to that, one of the biggest decentralized exchanges UniSwap (UNI) has also…

Bitcoin (BTC) traders saw continued downward pressure after the 5.5% decline in BTC price on March 7. Increased odds of further interest rate increases by the Federal Reserve and regulatory pressure in cryptocurrencies explain some of the movement.Financial markets showed signs of stress as the inverted bond curve reached its highest level since the 1980s.…