Solana pumps to all-time high as Bitcoin, altcoins lag
SOL was one of the top-performing cryptocurrencies on Sunday, outperforming Bitcoin and Ethereum by a considerable margin.
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The NFT bubble may have popped, but the sector is still primed for expansion
NFT sales and active wallets fell by more than 40% in the past month but new layer-2 infrastructure is preparing the sector for the next surge. 1643 Total views 2 Total shares Nonfungible tokens (NFTs) took the world by storm in March and April of this year with an onslaught of daily headlines about record-breaking…
QuadrigaCX creditors set to receive 13% of their claims as an ‘interim dividend’
The creditors will receive a monetary equivalent of the value of their lost crypto assets as April 15 2019. 48 Total views 10 Total shares Creditors of the bankrupt Canadian crypto exchange QuadrigaCX are set to receive 13% of their total claims as part of an “interim dividend.” According to a May 12 notice to…
World Bank’s Blockchain-Based Bonds — A Step Toward Adoption?
In what is being called a world first, the World Bank has ordered the creation of a blockchain-based bond through Australia’s Commonwealth Bank (CBA). It marks a very clear move by some of the world’s most influential financial institutions to start leveraging blockchain technology to improve their offerings. CBA has already developed the blockchain-based system,…
Bitcoin price eyes $50K as the US Dollar retreats after hitting its one-year high
Bitcoin (BTC) looks to reclaim $45,000 on Oct. 1 as the U.S dollar retreated lower after hitting its one-year high. Bitcoin's tight inverse correlation with the greenback over the past month suggests that a weakening dollar could push BTC price even higher in the coming sessions. Bitcoin-dollar correlation on hourly chart. Source: TradingView.comDollar drops following labor…
Dominica works with Huobi for digital identity program
The Commonwealth of Dominica has launched a digital identity program and national token in partnership with Huobi. 198 Total views 1 Total shares Cryptocurrency exchange Huobi has partnered with the Commonwealth of Dominica to roll out a digital identity and national token service that promises digital citizenship of the West Indian island nation.Not to be…
Dai Stablecoin Hits 100M Debt Ceiling Ahead of Collateral Protocol Upgrade
The Dai (DAI) stablecoin has reached its 100 million token debt ceiling, meaning that there are currently 100 million Dai tokens minted. Data from Etherescan shows there are the top 100 holders of the Ethereum-based stablecoin hold over 72 percent of all Dai tokens. The stablecoin originally had an upper limit of 50 million tokens. In July…
First DEX on Oasis Network hits $100M TVL in 24 hours
The successful launch of YuzuSwap on Oasis Network suggests that demand for decentralized exchanges continues to grow following a record-breaking 2021. 642 Total views 26 Total shares YuzuSwap, the first decentralized exchange operating on the Oasis Network, has seen rapid uptake since launching on Jan. 11, underscoring heightened demand for decentralized finance protocols. In its first…
Shanghai Man: Economist says El Salvador ‘on road to death’, salaries paid in e-CNY …
Our Man in Shanghai has refused to let recent regulations slow down the news coming from China. Enterprise blockchain, central bank digital currencies and start up projects continue to make a positive impact in a region hoping to grow economic value through technology.Death march for El SalvadorThe debate around El Salvador continued this week as…