Stablecoin adoption greater risk for developing nations
A new report warns that the adoption of global stablecoins in emerging markets and developing economies poses significant financial risks and regulatory challenges.
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Tencent Admits Facebook’s Libra Is a Threat to WeChat Pay
Facebook’s Libra stablecoin would be a serious threat to WeChat Pay, the payment service’s parent company Tencent admitted in a recent blockchain whitepaper.Asian news outlet EjinSight reported on Oct. 24 that in the document Tencent acknowledges that international expansion of Chinese mobile payments offerings would be threatened if Libra launched.In the newly released whitepaper, Tencent…
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Report: Crypto ATM Market Expected to Grow to $144.5 Million by 2023
The crypto automated trading machine (ATM) market will grow to $114.5 million by 2023, according a report published Sept. 4 on ResearchandMarkets.com.Researchers expect the cryptocurrency ATM market to grow from $16.3 million in 2018 to $144.5 million by 2023, citing a compound annual growth rate (CAGR) of 54.7 percent from 2018 to 2023.According to the…
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Masa Finance launches soulbound Web3 identity protocol for Ethereum, Celo
According to the developers, the soulbound credit score system uses over 10,000 data points to determine a Web3 user’s creditworthiness. 72 Total views 1 Total shares Own this piece of history Collect this article as an NFTMasa Finance has launched the first soulbound identity protocol for the Ethereum mainnet, according to a Jan. 17 press…
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Bitcoin analyst sees seller ‘exhaustion’ as BTC price rebounds 10%
Bitcoin sellers run out of steam and BTC price strength returns at the Wall Street open as US stocks initially avoid copying the fate of their Asian counterparts.
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Blockchain Browser Brave to Reward Users with BAT Tokens for Watching Ads
Decentralized browser Brave has launched Brave Ads, an option that enables its users to earn rewards for watching advertising. The development was announced on Brave’s website on April 24.The announcement reads that users of Brave — which is an open-source blockchain-powered browser that blocks ads and website trackers — can now receive 70% of the…
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Republican seeking to unseat Sherrod Brown said he sold all his Bitcoin
The Defend American Jobs political action committee has spent more than $40 million on media buys supporting businessman Bernie Moreno’s Senate run.
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1 in 5 European Crypto Holders are Women, New Report Reveals
While fresh data confirms that the crypto community continues to be male-dominated, the gender imbalance may be less extreme than previously thought.A report published by fintech firm Bitpanda and market research company GlobalWebIndex on July 31 examined a broad set of data points to glean insight into the profile of European crypto investors. One in five…
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Cointelegraph Consulting: DeFi hit by a tsunami of liquidations in May
The savage sell-off that took place in mid-May fueled volatility in markets and triggered liquidations among numerous decentralized finance protocols. Like an earthquake, the market fall exacerbated the biggest wave of liquidations in DeFi history. The market experienced a higher amount of liquidation on May 19 than in the past two years in the DeFi…