Past rate cuts indicate potential crypto bull market catalyst — 21Shares
The US Federal Reserve is expected to begin lowering its benchmark interest rate in September.
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Binance Offers Token Rewards for Testing New Decentralized Platform
Major cryptocurrency exchange Binance is offering a reward for testing the company’s new decentralized trading platform Binance DEX. The news was announced by Binance CEO Changpeng Zhao in a tweet on Feb. 28.In the post, Changpeng Zhao, who also goes by CZ, invites users to test the recently launched exchange and thus help start the…
Balancer (BAL) price soars to new all-time high: What’s driving the rally?
BAL, the native cryptocurrency of Balancer — a popular automated market maker (AMM) utilized by many decentralized finance (DeFi) users to trade cryptocurrencies — surged to new record highs above $70 on April 15. BAL/USDT 1-day price chart (Binance). Source: TradingViewThere are two key reasons behind the uptrend of BAL, namely the buzz around the Coinbase…
Hong Kong establishes task force to advance Web3 development
The task force will advise on the “sustainable and responsible” development of Web3 in Hong Kong, according to the statement. As part of Hong Kong's ongoing commitment to embrace the "megatrend" of Web3 development, it has established a diverse group of industry and government officials to supervise the progress of Web3 in the region.According to…
Cardano’s Chang hard fork successful as it shifts to decentralized governance
The upgrade will transform Cardano governance over the next few months, enabling ADA holders to participate in the voting process.
El Salvador to build 20 ‘Bitcoin Schools’ with surplus from Bitcoin Trust
The government will use the “surplus” from its Bitcoin Trust account that currently contains 1,120 BTC. 43 Total views 37 Total shares The government of El Salvador is embarking on its next Bitcoin-related project which involves building schools using profits the nation has made on the asset.Profits or the “surplus” from the state’s Bitcoin Trust…
Mt. Gox moves $2.7B in Bitcoin to new wallet address
One of Mt. Gox’s cold wallets just transferred more than 47,000 BTC to an unknown wallet address amid a plan to begin repaying its creditors.
Marshall Islands Seeks to Establish a “Self-Sovereign Identity” With New Blockchain-Based Currency
Joel Telpner reveals some of the steps the Marshall Islands is taking to launch its national digital currency. 1164 Total views 42 Total shares The Marshall Islands’ project says its creation of a digital sovereign currency, named SOV, aims to be a “game-changer”. It could also pioneer how governments respond to crises such as the…
Bank of China: Digital yuan transactions volume crossed $14B mark
The largest CBDC pilot in the world is going to expand on citizen payments and cross-border operations with Hong Kong. 294 Total views 22 Total shares