Kenya drafts legislation to regulate cryptocurrencies

Blockchain analysis firm Glassnode recently characterized the 2022 bear market as the worst on record. This seems to be the case due to events such as the war in Ukraine and rising inflation, coupled with serious problems among centralized crypto exchanges. Yet, the bear market hasn’t negatively impacted all players in the crypto ecosystem. Hardware wallet…

The world’s second-highest-valued unicorn startup has partnered with the Chinese central bank to work on the forthcoming digital yuan. 3048 Total views 28 Total shares Chinese ride-hailing juggernaut DiDi Chuxing has joined the digital yuan project, a CBDC developed by the People’s Bank of China, or PBoC.According to an announcement  DiDi shared with Cointelegraph earlier…

“YOU’VE TRANSCENDED. You are here because you’ve opened your eyes to a new type of society; one powered by a decentralised economy and full of shimmering new possibilities.” This is not the calling card for a new religion. This is what new Monolith customers are met with when opening up the box for the first time.…

The number of Ether (ETH) locked in decentralized finance (DeFi) applications reached an all-time high of 2.7 million, according to DeFi monitoring resource DeFiPulse, and has been steadily growing since the end of June. Of the 2.7 million ETH locked, 2.1 million (77%) are locked in the system behind the DAI stablecoin, Maker.Additionally, 337,800 ETH (12.5%)…

As the weekend began Bitcoin (BTC) price traded in a relatively tight range after making a second attempt at $7,000 on April 4. The digital asset surged to $6,988 before pulling back to the $6,800 range for the remainder of the day. As Bitcoin spent Saturday trading sideways, the majority of the top-ten altcoins posted marginal…

All you'd need is 78 NVIDIA GeForce RTX 3080 graphics cards... and a decent air conditioning system. 1700 Total views 6 Total shares Simon Byrne has taken at-home crypto mining to a whole new level as he looks to capitalize on Ethereum’s (ETH) potential. As first reported by Anthony Garreffa, Byrne has set up an ETH…

This project is focusing on cross-chain interoperability and on-chain credit scoring to advance the DeFi lending ecosystem. Wing, a lending protocol built on the Ontology blockchain, currently has $180 million in crypto assets staked on its platform — not a meager amount, even by Ethereum (ETH) standards. Eric Pinos, Ontology’s ecosystem lead for the Americas and…