Indonesia considering Telegram ban over lack of moderation
Telegram has reportedly failed to improve moderation and issue a resolution over illicit content distribution after several requests from Indonesia.
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Alchemix raises $3.1M to build DeFi lending backed by future income
Alchemix users will be able to draw no-liquidation loans backed by future yield. 981 Total views 4 Total shares New decentralized finance project Alchemix Finance has raised a strategic $3.1 million round from notable crypto investments funds and angels.The round was led by Spartan Capital, the investment arm of crypto consulting firm The Spartan Group.…
Stablecoin Adoption Skyrockets in Rural South Korean Province
A South Korean county with a population of mostly elderly residents has seen a strong rise in stablecoin adoption. 1625 Total views 9 Total shares South Korea’s Buyeo County, located in the rural province of South Chungcheong, has been witnessing strong interest in a local blockchain-powered stablecoin since its creation in early 2019.According to a…
All risk, no gain? The vague definition of stablecoins is causing problems
Sometimes, “stablecoins” and variants such as “algorithmic stablecoins” function like historical names, as they refer to projects that call themselves stablecoins, such as Basis Cash, Elastic Set Dollar, Frax and their clones.The word "stablecoin" can be used as a logical description for “a cryptocurrency designed to have low price volatility” and has “stores of value…
Bitcoin Breaks $10,000 for First Time Since March 2018
Bitcoin (BTC) has continued its steady rally in price over the past three months to break $10,000 today for the first time in over a year.Bitcoin broke the $10,000 mark today after trading in the $3,000-$4,000 range for the first four months of this year.Bitcoin’s recent price rally has seen commentators like Fundstrat’s Tom Lee…
US Senate recommends blockchain for national security tests
The U.S. Senate Committee on Armed Services urges the Department of Defense to explore blockchain for national security applications, including supply chain management.
Privacy-Focused Digital Assets Surged in 2019
According to a new report, privacy-focused digital assets like Zcash (ZEC) and Monero (XMR) surged in price in 2019. Those with a higher market cap, like Litecoin (LTC), may be hoping to compete with new privacy features.The report is by social trading and investing platform eToro in partnership with analytics and finance management startup The…
Anonymous donor saves OpenBazaar… for now
OpenBazaar received a temporary lifeline, but they aren’t out of the woods yet. On September 25, OpenBazaar announced that their platform would likely shut down due to financial difficulties, stating that user growth and adoption had stalled.According to a tweet published on Open Bazaar’s official Twitter account, a mysterious donor has since agreed to cover…
Africa Web3 games publisher Carry1st raises $27M
VC firms Bitkraft Ventures and Andreessen Horowitz participated in the funding round, which aims to advance Web3 gaming in Africa. 130 Total views 4 Total shares Own this piece of history Collect this article as an NFTMobile games publisher Carry1st has closed a $27 million funding round to advance its publishing and digital content creation…