Restaking will spark the next big rush of money into crypto

The Digital Asset User Protection Foundation will be set up by the DAXA self-regulatory organization and receive support from financial authorities.

The global spread of the coronavirus played a major role in the dramatic 2020 stock market crash. The bailout bill for saving the world’s economy is $7 trillion and rising fast. Bitcoin bull Tim Draper believes this confluence of factors may be the tipping point that allows innovations such as Bitcoin and smart contracts to…

Major United States stock exchange Nasdaq has unveiled a blockchain decentralized finance (DeFi) index Defix (DEFX). According to a Defix press release published on Sept. 9, brokerage firm Exante streamlined the launch of the Defix index.A disparate group of crypto assetsThe index includes crypto assets of projects such as the one of Proof-of-Work blockchain Amoveo…

Cryptocurrency service providers will soon be required to obtain a license from the central bank of the Netherlands, major Dutch news outlet DeTelegraaf reports Dec. 11.The article explains that the measure has been undertaken hoping that it will “prevent such cryptocurrencies being used to launder money obtained through crime or to fund terrorism.”To qualify for…

Bitcoin (BTC) was a response to the 2008 global recession. It introduced a new way to transact without depending on trust of third-parties, such as banks, particularly failing banks that were nevertheless bailed out by government at the expense of the public. "The central bank must be trusted not to debase the currency, but the history…

As discussed in a previous article on bullish candlestick patterns, trading using Japanese candlesticks is the most popular method for analyzing price action by crypto traders.There are many patterns worth learning and understanding — some of the most essential bearish patterns are discussed below. It is important to note, once again, that context and candle…

A major Chinese research university has launched a blockchain research scholarship with the support of Ripple, according to a press release published on Jan. 18.In collaboration with blockchain payments firm Ripple, the Institute for Fintech Research at Beijing’s Tsinghua University (THUIFR) has announced the Blockchain Technology Research Scholarship Program (BRSP). The program reportedly intends to…

Mt. Gox’s infamous 2014 security breach — which lost 850,000 Bitcoin (BTC) of investors’ funds — resulted in its users embarking on a seemingly never-ending, decade-long pursuit of closure via funds reimbursement.Over the years, Mt. Gox has repeatedly postponed plans to reimburse the funds that the crypto exchange had barred its users from withdrawing since