Over 90% of Salvadorans don’t transact with Bitcoin: Survey

At the end of January, a poll apparently confirmed community support for a new mining reward-distribution structure for the Zcash (ZEC) network, whereby more will flow into the developer fund. Still, the decision proved to be rather controversial.Electric Coin Company, the firm behind Zcash, announced in a Jan. 2 blog post that a community poll…

OKEx also had twice as many “whale” buy orders as sell orders. 404 Total views 10 Total shares OKEx exchange recorded over 8,000 “whale” Bitcoin (BTC) trades in June; more than any other exchange. It also had the honor of recording the largest such trade — 513.1 BTC according to data from Kaiko.Number of Bitcoin…

LayerZero has identified 800,000 potential Sybil addresses so far, but the process has antagonized some community members.

The President of the European Central Bank (ECB) Christine Lagarde said that the coronavirus pandemic has acted as a catalyst in boosting the adoption of digital payments in the European Union. Lagarde expects the majority of the consumers to continue using digital services even in the future.In order to support the digitalization, the ECB has…

Gary Gensler added that he continued to be “intrigued with the technology,” but did not directly address if the SEC would approve a Bitcoin exchange-traded fund. 127 Total views 2 Total shares Gary Gensler, chair of the United States Securities and Exchange Commission, or SEC, reiterated his call for investor protection in securities offered by…

China's central bank aims to challenge the global financial status quo. 513 Total views 19 Total shares The People’s Bank of China is placing a strong emphasis on the geopolitical stakes of the country’s central bank digital currency development.An article published in the PBoC-run magazine China Finance this weekend argued that Beijing should “accelerate the…

Anchorage Digital has marked its plans for expansion into the Asian crypto market, with co-founder Diogo Mónica noting that Singapore is just a starting point. 45 Total views 2 Total shares Anchorage Digital co-founder and president Diogo Mónica believe there is immense opportunity in Asia’s institutional investors, with the digital asset infrastructure provider on Oct.…

U.S. financial regulators are close to working out the limits of their authority over at least one class of digital assets. 553 Total views 14 Total shares The Securities and Exchange Commission could be emerging victorious in the race to secure the leading role in regulating stablecoins. Additional clarity on the demarcation of regulatory mandates…

Aave’s core developers have transferred governance rights over to AAVE token holders, giving its community control over the future of the protocol. 297 Total views 5 Total shares Aave has become the latest decentralized finance (DeFi) project to transfer governance rights to its token holders.On Oct. 29, Aave announced that the protocol's admin keys had…