SSV Network to create ‘based’ apps infrastructure for Ethereum

Stablecoin firm Tether announced the launch of a new stablecoin tied to the offshore Chinese yuan dubbed CNHT.According to an announcement on Sept. 9, Tether CNHT is pegged to the offshore yuan and available as an ERC-20 token on the Ethereum blockchain. The new currency joins Tether’s other stablecoins backed by U.S. dollars (USDT) and…

It appears both countries want crypto to be banned in Russia following the nation's recent war efforts. 218 Total views 25 Total shares Recently, Ukraine has called for "sabotage" of everyday Russians' crypto assets due to an ongoing war between the two countries. Among many, its European allies have also voiced mounting concerns that Russia may…

Brian Armstrong, CEO and co-founder of major crypto exchange Coinbase, tweeted on Oct. 5 that he expects the United States government to react to China’s stablecoin project by reconsidering its “ridiculous” response to Facebook’s Libra digital currency.The U.S. government wants to be left behindIn his tweet, Armstrong said he believes that “the way the U.S.…

When Chinese President Xi Jinping announced strong support for blockchain technology last month, pundits suggested that China would soon overtake the United States in dominating blockchain innovations. Our patent research at the Blockchain Center of Excellence at the University of Arkansas finds that China is already winning the Intellectual Property arms race against the U.S. We…

The price of Bitcoin (BTC) has been under severe selling pressure by whales for the past two months as on-chain data reveals.However, five key indicators are suggesting that major sellers are about to turn into hodlers or even accumulators of Bitcoin again while institutional demand remains high. This is an explosive setup that may send…

Opinion by: Arunkumar Krishnakumar, head of institutional growth at Marinade Finance The rise of the internet and social media has redefined how brands reach out to billions of users worldwide. There is constant competition for users’ attention, to the extent that the digital ecosystem is meticulously engineered for distraction. Welcome to the attention economy, where

During this first wave of decentralized finance projects and services, users have been more than willing to part with their funds. It is very similar to how decentralized exchanges work, as convenience seems to trump privacy and security in DeFi. Just because some platforms offer a high annual percentage yield does not mean anyone should…

A perfect storm consisting of COVID-19, supply shortages and surging crypto prices has resulted in the best financial quarter in Nvidia's history, as the stock hits all-time highs. 3855 Total views 13 Total shares Nvidia’s ongoing supply problems won’t stop the company from selling $50 million worth of its new CMP chip range in the…

Chainlink (LINK) emerged as one of the best cryptocurrency performers on Sep. 6 as it jumped 8.25% against the U.S. dollar.In detail, the LINK/USD exchange rate reached $36.35 for the first time since May 20, months after bottoming out near $13.45, thus recovering by more than 170% altogether. At the same time, its recent bout…